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Spirit Technology Solutions (ASX:ST1) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Spirit Technology Solutions Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Spirit Technology Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Spirit Technology Solutions'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.

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Spirit Technology Solutions Cyclically Adjusted Price-to-FCF Chart

Spirit Technology Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Spirit Technology Solutions Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Spirit Technology Solutions's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Spirit Technology Solutions'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.


Spirit Technology Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Spirit Technology Solutions's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Spirit Technology Solutions 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.

Spirit Technology Solutions's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Spirit Technology Solutions's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.006/124.1700*124.1700
=-0.006

Current CPI (Jun23) = 124.1700.

Spirit Technology Solutions Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.230 98.352 -0.290
201506 -0.027 99.838 -0.034
201606 -0.008 100.859 -0.010
201706 -0.004 102.809 -0.005
201806 -0.008 104.945 -0.009
201906 -0.008 106.617 -0.009
202006 -0.009 106.246 -0.011
202106 0.000 110.332 0.000
202206 -0.001 117.112 -0.001
202306 -0.006 124.170 -0.006

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.


Spirit Technology Solutions  (ASX:ST1) 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.


Spirit Technology Solutions Cyclically Adjusted Price-to-FCF Related Terms

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Spirit Technology Solutions (ASX:ST1) Business Description

Traded in Other Exchanges
N/A
Address
19-25 Raglan Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205
Spirit Technology Solutions Ltd provides telecommunication services, cloud services, managed IT services, and cyber security services to small and medium-sized businesses. It derives key revenue from Managed services followed by internet and data services. Geographically the group operates and generates revenue in Australia.

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