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Criteo (FRA:CI5A) Cyclically Adjusted FCF per Share : €2.01 (As of Mar. 2025)


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What is Criteo 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.

Criteo's adjusted free cash flow per share for the three months ended in Mar. 2025 was €0.732. 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 €2.01 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Criteo's average Cyclically Adjusted FCF Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.20% 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 Criteo was 12.20% per year. The lowest was 12.20% per year. And the median was 12.20% per year.

As of today (2025-05-28), Criteo's current stock price is €23.40. Criteo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €2.01. Criteo's Cyclically Adjusted Price-to-FCF of today is 11.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Criteo was 25.08. The lowest was 11.51. And the median was 16.89.


Criteo Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Criteo'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.

Criteo Cyclically Adjusted FCF per Share Chart

Criteo Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.36 1.64 1.77 2.13

Criteo Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.82 1.81 1.78 2.13 2.01

Competitive Comparison of Criteo's Cyclically Adjusted FCF per Share

For the Advertising Agencies subindustry, Criteo'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.


Criteo's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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


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Criteo 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, Criteo's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.732/120.3800*120.3800
=0.732

Current CPI (Mar. 2025) = 120.3800.

Criteo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.241 100.440 -0.289
201509 -0.055 99.950 -0.066
201512 0.758 100.040 0.912
201603 0.073 100.020 0.088
201606 -0.085 100.630 -0.102
201609 0.377 100.340 0.452
201612 0.594 100.650 0.710
201703 0.291 101.170 0.346
201706 0.398 101.320 0.473
201709 0.501 101.330 0.595
201712 0.387 101.850 0.457
201803 0.927 102.750 1.086
201806 0.280 103.370 0.326
201809 -0.130 103.560 -0.151
201812 0.728 103.470 0.847
201903 0.723 103.890 0.838
201906 0.326 104.580 0.375
201909 0.221 104.500 0.255
201912 0.428 104.980 0.491
202003 0.663 104.590 0.763
202006 0.056 104.790 0.064
202009 0.485 104.550 0.558
202012 0.446 104.960 0.512
202103 0.857 105.750 0.976
202106 0.137 106.340 0.155
202109 0.456 106.810 0.514
202112 0.766 107.850 0.855
202203 0.915 110.490 0.997
202206 -0.125 112.550 -0.134
202209 0.407 112.740 0.435
202212 1.497 114.160 1.579
202303 0.079 116.790 0.081
202306 -0.379 117.650 -0.388
202309 0.051 118.260 0.052
202312 1.559 118.390 1.585
202403 0.003 119.470 0.003
202406 -0.094 120.200 -0.094
202409 0.588 119.560 0.592
202412 2.445 119.950 2.454
202503 0.732 120.380 0.732

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


Criteo  (FRA:CI5A) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=23.40/2.01
=11.64

* 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 Criteo was 25.08. The lowest was 11.51. And the median was 16.89.


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.


Criteo Cyclically Adjusted FCF per Share Related Terms

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


Criteo Business Description

Traded in Other Exchanges
Address
32 Rue Blanche, Paris, FRA, 75009
Criteo SA is an ad-tech company in the digital advertising market. Its technology, allows retailer advertisers to launch multichannel and cross-device marketing campaigns in real time. With real-time return on investment analysis of the ads, the firm's clients can adjust their marketing strategies dynamically. It has two reportable segments: Retail Media and Performance Media. The firm also provides technology allowing retailers to effectively manage their ad inventories and improve yield optimization.

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