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8x8 (EGHT) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is 8x8 Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


8x8 Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for 8x8'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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8x8 Cyclically Adjusted Price-to-FCF Chart

8x8 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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8x8 Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of 8x8's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, 8x8'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.


8x8's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, 8x8's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where 8x8's Cyclically Adjusted Price-to-FCF falls into.



8x8 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.

8x8's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, 8x8's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.148/129.4194*129.4194
=0.148

Current CPI (Dec. 2023) = 129.4194.

8x8 Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.026 99.695 0.034
201406 0.040 100.560 0.051
201409 0.025 100.428 0.032
201412 0.032 99.070 0.042
201503 0.065 99.621 0.084
201506 0.035 100.684 0.045
201509 0.013 100.392 0.017
201512 0.074 99.792 0.096
201603 0.066 100.470 0.085
201606 0.047 101.688 0.060
201609 0.016 101.861 0.020
201612 0.066 101.863 0.084
201703 0.026 102.862 0.033
201706 0.019 103.349 0.024
201709 0.002 104.136 0.002
201712 0.024 104.011 0.030
201803 -0.041 105.290 -0.050
201806 -0.060 106.317 -0.073
201809 -0.141 106.507 -0.171
201812 -0.124 105.998 -0.151
201903 -0.197 107.251 -0.238
201906 -0.314 108.070 -0.376
201909 -0.364 108.329 -0.435
201912 -0.425 108.420 -0.507
202003 -0.514 108.902 -0.611
202006 -0.199 108.767 -0.237
202009 -0.123 109.815 -0.145
202012 -0.087 109.897 -0.102
202103 -0.042 111.754 -0.049
202106 -0.031 114.631 -0.035
202109 -0.013 115.734 -0.015
202112 0.040 117.630 0.044
202203 0.063 121.301 0.067
202206 0.021 125.017 0.022
202209 0.094 125.227 0.097
202212 0.108 125.222 0.112
202303 0.043 127.348 0.044
202306 0.195 128.729 0.196
202309 0.101 129.860 0.101
202312 0.148 129.419 0.148

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.


8x8  (NAS:EGHT) 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.


8x8 Cyclically Adjusted Price-to-FCF Related Terms

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8x8 (EGHT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » 8x8 Inc (NAS:EGHT) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
675 Creekside Way, Campbell, CA, USA, 95008
8x8 Inc provides contact-center-as-a-service and unified-communications-as-a-service software applications to approximately 2.5 million users. The company's unified platform enables omnichannel communication to assist employees in communicating across voice, video, text, chat, and contact centers. Geographically, it derives a majority of revenue from the United States.
Executives
Kevin Kraus officer: Interim Chief Financial Off. C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Suzy M Seandel officer: Chief Accounting Officer C/O 8X8 INC. 675 CREEKSIDE WAY, CAMPBELL CA 95008
Samuel C. Wilson officer: Chief Financial Officer C/O 8X8 INC, 675 CREEKSIDE WAY, CAMPBELL CA 95008
Laurence Denny officer: Chief Legal Officer C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Hunter Middleton officer: Chief Product Officer C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Elizabeth Harriet Theophille director 26 FURFELDERSTRASSE, RIEHEN V8 4125
Daniel Patrick Gibson 10 percent owner 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Sylebra Capital Ltd 10 percent owner 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Eric Salzman director C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Matthew Zinn officer: SVP-GC,Secretary and CPO 2160 GOLD STREET, ALVISO CA 95002
David Sipes officer: Chief Executive Officer 1400 FASHION ISLAND BLVD.,, SUITE 7TH FLOOR, SAN MATEO CA 94404
Stephanie Garcia officer: Chief Human Resources Officer C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Dejan Deklich officer: Chief Product Officer 2125 O'NEL DR., SAN JOSE CA 95131
Germaine Cota officer: Chief Accting Off./Treasurer 675 CREEKSIDE DRIVE, CAMPBELL CA 95008
Bryan R Martin director, officer: Chief Executive Officer C/O 8X8 INC, 3151 JAY STREET, SANTA CLARA CA 95054