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TCYSF (Tecsys) Cyclically Adjusted FCF per Share : $0.31 (As of Jul. 2024)


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What is Tecsys 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.

Tecsys's adjusted free cash flow per share for the three months ended in Jul. 2024 was $-0.299. 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 $0.31 for the trailing ten years ended in Jul. 2024.

During the past 12 months, Tecsys's average Cyclically Adjusted FCF Growth Rate was -4.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.20% 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 Tecsys was 54.00% per year. The lowest was 2.50% per year. And the median was 18.00% per year.

As of today (2024-10-31), Tecsys's current stock price is $29.0205. Tecsys's Cyclically Adjusted FCF per Share for the quarter that ended in Jul. 2024 was $0.31. Tecsys's Cyclically Adjusted Price-to-FCF of today is 93.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tecsys was 196.90. The lowest was 45.05. And the median was 68.75.


Tecsys Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tecsys'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.

Tecsys Cyclically Adjusted FCF per Share Chart

Tecsys Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.33 0.33 0.38 0.33

Tecsys Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.36 0.38 0.37 0.33 0.31

Competitive Comparison of Tecsys's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Tecsys'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.


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

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

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=-0.299/128.0748*128.0748
=-0.299

Current CPI (Jul. 2024) = 128.0748.

Tecsys Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 0.079 99.473 0.102
201501 -0.134 98.209 -0.175
201504 0.084 99.710 0.108
201507 0.117 100.579 0.149
201510 -0.094 100.500 -0.120
201601 0.029 100.184 0.037
201604 0.106 101.370 0.134
201607 0.258 101.844 0.324
201610 -0.056 102.002 -0.070
201701 0.026 102.318 0.033
201704 0.322 103.029 0.400
201707 -0.039 103.029 -0.048
201710 0.022 103.424 0.027
201801 -0.066 104.056 -0.081
201804 0.204 105.320 0.248
201807 0.051 106.110 0.062
201810 -0.083 105.952 -0.100
201901 0.018 105.557 0.022
201904 0.215 107.453 0.256
201907 -0.041 108.243 -0.049
201910 0.066 107.927 0.078
202001 0.149 108.085 0.177
202004 0.318 107.216 0.380
202007 -0.041 108.401 -0.048
202010 -0.047 108.638 -0.055
202101 0.602 109.192 0.706
202104 0.412 110.851 0.476
202107 -0.282 112.431 -0.321
202110 0.007 113.695 0.008
202201 0.041 114.801 0.046
202204 0.375 118.357 0.406
202207 -0.265 120.964 -0.281
202210 0.332 121.517 0.350
202301 -0.247 121.596 -0.260
202304 0.475 123.571 0.492
202307 -0.346 124.914 -0.355
202310 0.185 125.310 0.189
202401 0.107 125.072 0.110
202404 0.189 126.890 0.191
202407 -0.299 128.075 -0.299

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


Tecsys  (OTCPK:TCYSF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.0205/0.31
=93.61

* 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 Tecsys was 196.90. The lowest was 45.05. And the median was 68.75.


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.


Tecsys Cyclically Adjusted FCF per Share Related Terms

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


Tecsys Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Tecsys Inc (OTCPK:TCYSF) » Definitions » Cyclically Adjusted FCF per Share
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Address
1 Place Alexis Nihon, Suite 800, Montreal, QC, CAN, H3Z 3B8
Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use, and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries. Geographically, it derives a majority of its revenue from the United States and also has a presence in Canada, Europe, and other regions.