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Asseco Business Solutions (FRA:9QQ) Cyclically Adjusted Price-to-FCF : 23.60 (As of Jun. 09, 2024)


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What is Asseco Business Solutions Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Asseco Business Solutions's current share price is €13.45. Asseco Business Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.57. Asseco Business Solutions's Cyclically Adjusted Price-to-FCF for today is 23.60.

The historical rank and industry rank for Asseco Business Solutions's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:9QQ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.04   Med: 22.52   Max: 28.36
Current: 22.51

During the past years, Asseco Business Solutions's highest Cyclically Adjusted Price-to-FCF was 28.36. The lowest was 13.04. And the median was 22.52.

FRA:9QQ's Cyclically Adjusted Price-to-FCF is ranked better than
58.13% of 683 companies
in the Software industry
Industry Median: 28.4 vs FRA:9QQ: 22.51

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.

Asseco Business Solutions's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.147. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asseco Business Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asseco Business 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.

* Premium members only.

Asseco Business Solutions Cyclically Adjusted Price-to-FCF Chart

Asseco Business Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.70 24.66 24.60 14.73 18.81

Asseco Business Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 15.76 16.26 16.71 18.81 20.45

Competitive Comparison of Asseco Business Solutions's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Asseco Business 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.


Asseco Business Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Asseco Business 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.

Asseco Business Solutions's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.45/0.57
=23.60

* 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.

Asseco Business Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Asseco Business Solutions's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.147/149.0435*149.0435
=0.147

Current CPI (Mar. 2024) = 149.0435.

Asseco Business Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.032 101.180 0.047
201409 0.049 100.611 0.073
201412 0.081 100.122 0.121
201503 0.032 100.041 0.048
201506 0.040 100.448 0.059
201509 0.066 99.634 0.099
201512 0.109 99.471 0.163
201603 0.043 98.983 0.065
201606 0.055 99.552 0.082
201609 0.064 99.064 0.096
201612 0.094 100.366 0.140
201703 0.058 101.018 0.086
201706 0.058 101.180 0.085
201709 0.074 101.343 0.109
201712 0.161 102.564 0.234
201803 0.113 102.564 0.164
201806 0.072 103.378 0.104
201809 0.119 103.378 0.172
201812 0.160 103.785 0.230
201903 0.136 104.274 0.194
201906 0.125 105.983 0.176
201909 0.123 105.983 0.173
201912 0.238 107.123 0.331
202003 0.116 109.076 0.159
202006 0.124 109.402 0.169
202009 0.138 109.320 0.188
202012 0.252 109.565 0.343
202103 0.088 112.658 0.116
202106 0.098 113.960 0.128
202109 0.136 115.588 0.175
202112 0.190 119.088 0.238
202203 0.184 125.031 0.219
202206 0.084 131.705 0.095
202209 0.142 135.531 0.156
202212 0.230 139.113 0.246
202303 0.132 145.950 0.135
202306 0.075 147.009 0.076
202309 0.169 146.113 0.172
202312 0.265 147.741 0.267
202403 0.147 149.044 0.147

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.


Asseco Business Solutions  (FRA:9QQ) 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.


Asseco Business Solutions Cyclically Adjusted Price-to-FCF Related Terms

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


Asseco Business Solutions (FRA:9QQ) Business Description

Industry
Traded in Other Exchanges
Address
ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

Asseco Business Solutions (FRA:9QQ) Headlines

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