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Advant-e (Advant-e) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Advant-e Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Advant-e Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Advant-e's Cyclically Adjusted Price-to-FCF 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.

Advant-e Cyclically Adjusted Price-to-FCF Chart

Advant-e Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Price-to-FCF
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Advant-e Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Competitive Comparison of Advant-e's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Advant-e'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.


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

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

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



Advant-e Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Advant-e's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2012 is calculated as:

For example, Advant-e's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2012 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=1560.606/96.8711*96.8711
=1,560.606

Current CPI (Dec. 2012) = 96.8711.

Advant-e Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200303 339.286 77.716 422.912
200306 85.714 77.505 107.131
200309 407.143 78.138 504.754
200312 621.429 77.758 774.177
200403 928.571 79.066 1,137.677
200406 774.194 80.037 937.035
200409 670.968 80.121 811.243
200412 903.226 80.290 1,089.761
200503 780.645 81.555 927.247
200506 677.419 82.062 799.672
200509 887.097 83.876 1,024.539
200512 731.250 83.032 853.129
200603 -287.500 84.298 -330.382
200606 106.250 85.606 120.232
200609 1,134.375 85.606 1,283.655
200612 218.750 85.142 248.886
200703 325.000 86.640 363.378
200706 1,021.875 87.906 1,126.092
200709 891.176 87.964 981.413
200712 970.588 88.616 1,060.999
200803 1,829.412 90.090 1,967.119
200806 -367.647 92.320 -385.769
200809 750.000 92.307 787.084
200812 1,150.000 88.697 1,255.976
200903 861.765 89.744 930.201
200906 997.059 91.003 1,061.350
200909 1,357.576 91.120 1,443.267
200912 784.848 91.111 834.465
201003 1,593.939 91.821 1,681.608
201006 1,172.727 91.962 1,235.332
201009 1,190.909 92.162 1,251.764
201012 839.394 92.474 879.307
201103 2,103.030 94.283 2,160.757
201106 1,084.848 95.235 1,103.491
201109 1,833.333 95.727 1,855.246
201112 527.273 95.213 536.453
201203 2,336.364 96.783 2,338.493
201206 1,048.485 96.819 1,049.047
201209 1,627.273 97.633 1,614.573
201212 1,560.606 96.871 1,560.606

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


Advant-e  (OTCPK:ADVCD) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Advant-e Cyclically Adjusted Price-to-FCF Related Terms

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


Advant-e (Advant-e) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2434 Esquire Drive, Beavercreek, OH, USA, 45431
Advant-e Corp is a United States based company engaged in the development, marketing, reselling and hosting software and provides services, through its wholly-owned subsidiaries. The services allow the customers to send and receive business documents in standard and proprietary formats. The group specializes in providing hosted electronic data interchange solutions that utilize the internet as the primary communications method.

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