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Voyager Digital (FRA:UCD2) Cyclically Adjusted FCF per Share : €0.00 (As of Mar. 2022)


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What is Voyager Digital 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.

Voyager Digital's adjusted free cash flow per share for the three months ended in Mar. 2022 was €-0.065. 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 €0.00 for the trailing ten years ended in Mar. 2022.

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 (2024-05-22), Voyager Digital's current stock price is €0.135. Voyager Digital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2022 was €0.00. Voyager Digital's Cyclically Adjusted Price-to-FCF of today is .


Voyager Digital Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Voyager Digital'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.

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Voyager Digital Cyclically Adjusted FCF per Share Chart

Voyager Digital Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted FCF per Share
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Voyager Digital Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Voyager Digital's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Voyager Digital'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.


Voyager Digital's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Voyager Digital 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, Voyager Digital's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2022 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=-0.065/121.3010*121.3010
=-0.065

Current CPI (Mar. 2022) = 121.3010.

Voyager Digital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 -0.842 96.819 -1.055
201209 -0.230 97.633 -0.286
201212 -0.356 96.871 -0.446
201303 -0.168 98.209 -0.208
201306 -0.094 98.518 -0.116
201309 -0.002 98.790 -0.002
201312 -0.001 98.326 -0.001
201403 0.000 99.695 0.000
201406 -0.128 100.560 -0.154
201409 -0.004 100.428 -0.005
201412 -0.128 99.070 -0.157
201503 0.000 99.621 0.000
201506 -0.038 100.684 -0.046
201509 -0.002 100.392 -0.002
201512 0.000 99.792 0.000
201603 -0.002 100.470 -0.002
201606 -0.004 101.688 -0.005
201609 0.000 101.861 0.000
201612 0.008 101.863 0.010
201703 -0.004 102.862 -0.005
201706 -0.109 103.349 -0.128
201709 -0.003 104.136 -0.003
201712 -0.008 104.011 -0.009
201803 -0.023 105.290 -0.026
201806 -0.018 106.317 -0.021
201809 -0.002 106.507 -0.002
201812 -0.002 105.998 -0.002
201903 -0.019 107.251 -0.021
201906 -0.040 108.070 -0.045
201909 -0.029 108.329 -0.032
201912 -0.007 108.420 -0.008
202003 -0.001 108.902 -0.001
202006 -0.016 108.767 -0.018
202009 0.014 109.815 0.015
202012 -0.053 109.897 -0.058
202103 0.116 111.754 0.126
202106 1.099 114.631 1.163
202109 -1.062 115.734 -1.113
202112 0.086 117.630 0.089
202203 -0.065 121.301 -0.065

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


Voyager Digital  (FRA:UCD2) 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.


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.


Voyager Digital Cyclically Adjusted FCF per Share Related Terms

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


Voyager Digital (FRA:UCD2) Business Description

Industry
Traded in Other Exchanges
N/A
Address
33 Irving Plaza, Suite 3060, New York, NY, USA, 10003
Voyager Digital Ltd through its subsidiary operates as a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. The company offers investors execution, data, wallet, and custody services through its institutional-grade open architecture platform.

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