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CyberArk Software (STU:CYB) Cyclically Adjusted FCF per Share : €2.49 (As of Dec. 2024)


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What is CyberArk Software 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.

CyberArk Software's adjusted free cash flow per share for the three months ended in Dec. 2024 was €1.207. 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 €2.49 for the trailing ten years ended in Dec. 2024.

During the past 12 months, CyberArk Software's average Cyclically Adjusted FCF Growth Rate was 19.80% 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.

As of today (2025-05-07), CyberArk Software's current stock price is €319.00. CyberArk Software's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was €2.49. CyberArk Software's Cyclically Adjusted Price-to-FCF of today is 128.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CyberArk Software was 151.95. The lowest was 53.86. And the median was 96.57.


CyberArk Software Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CyberArk Software'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.

CyberArk Software Cyclically Adjusted FCF per Share Chart

CyberArk Software 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 - - 1.99 2.06 2.49

CyberArk Software Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.06 2.29 2.34 2.33 2.49

Competitive Comparison of CyberArk Software's Cyclically Adjusted FCF per Share

For the Software - Infrastructure subindustry, CyberArk Software'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.


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

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

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


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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.207/133.1571*133.1571
=1.207

Current CPI (Dec. 2024) = 133.1571.

CyberArk Software Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.364 99.621 0.487
201506 0.518 100.684 0.685
201509 0.112 100.392 0.149
201512 0.476 99.792 0.635
201603 0.392 100.470 0.520
201606 0.100 101.688 0.131
201609 0.351 101.861 0.459
201612 0.520 101.863 0.680
201703 0.381 102.862 0.493
201706 0.317 103.349 0.408
201709 0.304 104.136 0.389
201712 0.775 104.011 0.992
201803 0.680 105.290 0.860
201806 0.500 106.317 0.626
201809 0.684 106.507 0.855
201812 0.924 105.998 1.161
201903 1.003 107.251 1.245
201906 0.466 108.070 0.574
201909 0.444 108.329 0.546
201912 1.186 108.420 1.457
202003 0.748 108.902 0.915
202006 0.412 108.767 0.504
202009 0.273 109.815 0.331
202012 0.775 109.897 0.939
202103 0.671 111.754 0.800
202106 0.291 114.631 0.338
202109 0.041 115.734 0.047
202112 0.414 117.630 0.469
202203 0.519 121.301 0.570
202206 -0.383 125.017 -0.408
202209 0.343 125.227 0.365
202212 0.387 125.222 0.412
202303 0.092 127.348 0.096
202306 -0.280 128.729 -0.290
202309 0.305 129.860 0.313
202312 1.008 129.419 1.037
202403 1.287 131.776 1.300
202406 0.903 132.554 0.907
202409 0.978 133.029 0.979
202412 1.207 133.157 1.207

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


CyberArk Software  (STU:CYB) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=319.00/2.49
=128.11

* 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 CyberArk Software was 151.95. The lowest was 53.86. And the median was 96.57.


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.


CyberArk Software Cyclically Adjusted FCF per Share Related Terms

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


CyberArk Software Business Description

Industry
Traded in Other Exchanges
Address
9 Hapsagot Street, Park Ofer B, P.O. Box 3143, Petach Tikva, ISR, 4951040
CyberArk is a cybersecurity vendor focused on the identity market. The company's core privileged access management offering is a market leader in that subsegment, with more than half of the Fortune 500 as CyberArk customers. The identity security vendor was founded in 1999 and has around 9,000 customers across various industries. While CyberArk historically sold its security solutions primarily via on-premises licenses, over the past few years it has transitioned to a subscription recurring-revenue model.

CyberArk Software Headlines