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Zedge (FRA:34Z) Cyclically Adjusted FCF per Share : €0.20 (As of Apr. 2024)


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What is Zedge 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.

Zedge's adjusted free cash flow per share for the three months ended in Apr. 2024 was €0.136. 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 €0.20 for the trailing ten years ended in Apr. 2024.

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.

As of today (2024-06-20), Zedge's current stock price is €2.62. Zedge's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was €0.20. Zedge's Cyclically Adjusted Price-to-FCF of today is 13.10.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Zedge was 15.15. The lowest was 12.80. And the median was 13.80.


Zedge Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Zedge'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.

Zedge Cyclically Adjusted FCF per Share Chart

Zedge Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted FCF per Share
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Zedge Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - - - - 0.20

Competitive Comparison of Zedge's Cyclically Adjusted FCF per Share

For the Internet Content & Information subindustry, Zedge'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.


Zedge's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zedge's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Zedge 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, Zedge's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.136/132.2892*132.2892
=0.136

Current CPI (Apr. 2024) = 132.2892.

Zedge Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.000 100.520 0.000
201410 0.023 100.176 0.030
201501 0.025 98.604 0.034
201504 0.072 99.824 0.095
201507 0.007 100.691 0.009
201510 0.029 100.346 0.038
201601 0.082 99.957 0.109
201604 0.081 100.947 0.106
201607 -0.092 101.524 -0.120
201610 -0.012 101.988 -0.016
201701 -0.042 102.456 -0.054
201704 -0.049 103.167 -0.063
201707 -0.050 103.278 -0.064
201710 -0.034 104.070 -0.043
201801 -0.014 104.578 -0.018
201804 0.003 105.708 0.004
201807 -0.074 106.324 -0.092
201810 0.041 106.695 0.051
201901 -0.075 106.200 -0.093
201904 -0.037 107.818 -0.045
201907 -0.053 108.250 -0.065
201910 0.012 108.577 0.015
202001 0.031 108.841 0.038
202004 0.035 108.173 0.043
202007 0.028 109.318 0.034
202010 0.087 109.861 0.105
202101 0.128 110.364 0.153
202104 0.220 112.673 0.258
202107 0.119 115.183 0.137
202110 0.144 116.696 0.163
202201 0.168 118.619 0.187
202204 0.342 121.978 0.371
202207 0.002 125.002 0.002
202210 0.052 125.734 0.055
202301 -0.022 126.223 -0.023
202304 0.076 127.992 0.079
202307 0.008 128.974 0.008
202310 0.055 129.810 0.056
202401 0.078 130.124 0.079
202404 0.136 132.289 0.136

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


Zedge  (FRA:34Z) 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.

Zedge's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.62/0.2
=13.10

* 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 10 years, the highest Cyclically Adjusted Price-to-FCF of Zedge was 15.15. The lowest was 12.80. And the median was 13.80.


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.


Zedge Cyclically Adjusted FCF per Share Related Terms

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


Zedge (FRA:34Z) Business Description

Industry
Traded in Other Exchanges
Address
1178 Broadway, 3rd Floor, Suite 1450, New York, NY, USA, 10001
Zedge Inc provides content distribution platforms. Its content platform enables consumers to personalize their mobile devices with free, high-quality ringtones, wallpapers, home screen app icons, widgets and notification sounds as well as paint, a generative AI wallpaper maker, GuruShots, a skill-based photo challenge game, and Emojipedia. The company also launched a Zedge app. It has two reportable segments, which are the Zedge Marketplace and GuruShots.

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