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Computer Task Group (Computer Task Group) Cyclically Adjusted FCF per Share : $0.56 (As of Sep. 2023)


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What is Computer Task Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Computer Task Group's adjusted free cash flow per share for the three months ended in Sep. 2023 was $0.432. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.56 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Computer Task Group's average Cyclically Adjusted FCF Growth Rate was -8.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 1.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Computer Task Group was 80.30% per year. The lowest was -200.00% per year. And the median was 6.90% per year.

As of today (2024-05-06), Computer Task Group's current stock price is $10.50. Computer Task Group's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.56. Computer Task Group's Cyclically Adjusted Price-to-FCF of today is 18.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Computer Task Group was 63.95. The lowest was 6.63. And the median was 13.71.


Computer Task Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Computer Task Group's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Computer Task Group Cyclically Adjusted FCF per Share Chart

Computer Task Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.39 0.54 0.57 0.52

Computer Task Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.52 0.57 0.53 0.56

Competitive Comparison of Computer Task Group's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, Computer Task Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Computer Task Group's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Computer Task Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Computer Task Group's Cyclically Adjusted Price-to-FCF falls into.



Computer Task Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Computer Task Group's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.432/129.8595*129.8595
=0.432

Current CPI (Sep. 2023) = 129.8595.

Computer Task Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 1.021 98.326 1.348
201403 -0.608 99.695 -0.792
201406 0.110 100.560 0.142
201409 -0.192 100.428 -0.248
201412 0.982 99.070 1.287
201503 -0.309 99.621 -0.403
201506 0.102 100.684 0.132
201509 -0.135 100.392 -0.175
201512 0.005 99.792 0.007
201603 -0.024 100.470 -0.031
201606 -0.069 101.688 -0.088
201609 0.239 101.861 0.305
201612 -0.130 101.863 -0.166
201703 0.499 102.862 0.630
201706 -0.110 103.349 -0.138
201709 0.299 104.136 0.373
201712 -0.256 104.011 -0.320
201803 -0.001 105.290 -0.001
201806 -0.559 106.317 -0.683
201809 0.422 106.507 0.515
201812 -0.029 105.998 -0.036
201903 -0.002 107.251 -0.002
201906 -0.415 108.070 -0.499
201909 0.625 108.329 0.749
201912 0.218 108.420 0.261
202003 1.292 108.902 1.541
202006 -0.002 108.767 -0.002
202009 0.357 109.815 0.422
202012 0.289 109.897 0.341
202103 0.091 111.754 0.106
202106 -0.174 114.631 -0.197
202109 0.136 115.734 0.153
202112 0.312 117.630 0.344
202203 0.290 121.301 0.310
202206 -0.119 125.017 -0.124
202209 0.606 125.227 0.628
202212 -0.087 125.222 -0.090
202303 -0.218 127.348 -0.222
202306 -0.190 128.729 -0.192
202309 0.432 129.860 0.432

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Computer Task Group  (NAS:CTG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Computer Task Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.50/0.56
=18.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Computer Task Group was 63.95. The lowest was 6.63. And the median was 13.71.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Computer Task Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Computer Task Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Computer Task Group (Computer Task Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
300 Corporate Parkway, Suite 214N, Amherst, NY, USA, 14226
Computer Task Group Inc is engaged in providing information technology services to its clients. The company divides its services into information technology solutions and information technology & other staffing. Its segments include North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. The firm derives most of its revenues from information technology & other staffing services. It mainly caters its services to technology service providers, financial services, healthcare, manufacturing, and energy industries. The geographical segments are the United States, Luxembourg, Belgium, and other countries.
Executives
Thomas J Niehaus officer: Executive Vice President 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Gyde Filip J L director, officer: President and CEO C/O COMPUTER TASK GROUP INC, 800 DELAWARE AVE, BUFFALO NY 14209
Raj Rajgopal director C/O VIRTUSA CORPORATION, 2000 WEST PARK DRIVE, WESTBOROUGH MA 01581
Helvey Iii James R director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Kathryn A Stein director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Daniel J Sullivan director
Valerie Rahmani director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Owen J Sullivan director 5301 NORTH IRONWOOD ROAD, MILWAUKEE WI 53217
David H Klein director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Jeffrey D Gerkin officer: Executive Vice President 800 DELAWARE AVENUE, BUFFALO NY 14209
John M Laubacker officer: Chief Financial Officer & SVP 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Peter P Radetich officer: Sr Vice President & Secretary 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Brendan M Harrington officer: Chief Financial Officer Sr VP 800 DELAWARE AVENUE, BUFFALO NY 14209
Cliff Bleustein director, officer: President & CEO 800 DELAWARE AVENUE, BUFFALO NY 14209
Alfred Hamilton officer: Vice President 800 DELAWARE AVENUE, BUFFALO NY 14209

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