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TNET (Trinet Group) Cyclically Adjusted FCF per Share : $5.60 (As of Mar. 2025)


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What is Trinet Group 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.

Trinet Group's adjusted free cash flow per share for the three months ended in Mar. 2025 was $1.612. 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 $5.60 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Trinet Group's average Cyclically Adjusted FCF Growth Rate was 6.70% 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 (2025-06-12), Trinet Group's current stock price is $78.76. Trinet Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $5.60. Trinet Group's Cyclically Adjusted Price-to-FCF of today is 14.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Trinet Group was 29.79. The lowest was 12.36. And the median was 21.12.


Trinet Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Trinet Group'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.

Trinet Group Cyclically Adjusted FCF per Share Chart

Trinet Group 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 - - 4.17 5.07 5.38

Trinet Group 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 5.25 4.56 4.39 5.38 5.60

Competitive Comparison of Trinet Group's Cyclically Adjusted FCF per Share

For the Staffing & Employment Services subindustry, Trinet Group'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.


Trinet Group's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Trinet Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Trinet Group 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, Trinet Group'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)
=1.612/134.9266*134.9266
=1.612

Current CPI (Mar. 2025) = 134.9266.

Trinet Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.361 100.684 0.484
201509 0.762 100.392 1.024
201512 0.585 99.792 0.791
201603 0.469 100.470 0.630
201606 -0.092 101.688 -0.122
201609 0.359 101.861 0.476
201612 1.388 101.863 1.839
201703 -2.425 102.862 -3.181
201706 -0.731 103.349 -0.954
201709 0.755 104.136 0.978
201712 10.456 104.011 13.564
201803 -7.582 105.290 -9.716
201806 -0.289 106.317 -0.367
201809 0.826 106.507 1.046
201812 5.111 105.998 6.506
201903 -2.169 107.251 -2.729
201906 -0.465 108.070 -0.581
201909 -0.817 108.329 -1.018
201912 9.451 108.420 11.762
202003 -4.174 108.902 -5.171
202006 2.059 108.767 2.554
202009 1.191 109.815 1.463
202012 8.877 109.897 10.899
202103 -2.687 111.754 -3.244
202106 -0.403 114.631 -0.474
202109 2.418 115.734 2.819
202112 3.328 117.630 3.817
202203 3.076 121.301 3.422
202206 -1.651 125.017 -1.782
202209 -0.984 125.227 -1.060
202212 6.313 125.222 6.802
202303 -1.567 127.348 -1.660
202306 2.117 128.729 2.219
202309 -2.241 129.860 -2.328
202312 11.000 129.419 11.468
202403 1.431 131.776 1.465
202406 -6.922 132.554 -7.046
202409 -1.120 133.029 -1.136
202412 10.740 133.157 10.883
202503 1.612 134.927 1.612

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


Trinet Group  (NYSE:TNET) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=78.76/5.60
=14.06

* 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 Trinet Group was 29.79. The lowest was 12.36. And the median was 21.12.


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.


Trinet Group Cyclically Adjusted FCF per Share Related Terms

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


Trinet Group Business Description

Industry
Traded in Other Exchanges
Address
One Park Place, Suite 600, Dublin, CA, USA, 94568
Trinet Group Inc outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.
Executives
Paul Edward Chamberlain director C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Kelly L Tuminelli officer: EVP & CHIEF FINANCIAL OFFICER TRINET GROUP, INC., ONE PARK PLACE, STE 600, DUBLIN CA 94568
Samantha Wellington officer: SVP, CLO & SECRETARY ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Alexander G. Warren officer: SVP, CHIEF REVENUE OFFICER ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Burton M. Goldfield director, officer: PRESIDENT, CEO and DIRECTOR ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Wayne B Lowell director 3061 ZANKER ROAD, SAN JOSE CA 95134
Ralph A. Clark director C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
L.p. Agi-t, director, 10 percent owner 40 MORRIS AVENUE, BRYN MAWR PA 19010
Jonathan D. Lee officer: PRINCIPAL ACCOUNTING OFFICER ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Jayaraman Venkataramani officer: CHIEF DIGITAL & INNOV OFFICER ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
H Raymond Bingham director 2655 SEELY AVE, SAN JOSE CA 95134
Martin Babinec director TRINET GROUP INC., ONE PARK PLACE., STE. 600, DUBLIN CA 94568
Olivier Kohler officer: SVP, CHIEF OPERATING OFFICER ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Myrna Soto director ONE ENERGY PLAZA, JACKSON MI 49201
Katherine August-dewilde director ONE PARK PLACE, SUITE 600, DUBLIN CA 94568