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Alfa Financial Software Holdings (FRA:A9F) Cyclically Adjusted Price-to-FCF : 22.22 (As of May. 26, 2024)


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What is Alfa Financial Software Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Alfa Financial Software Holdings's current share price is €2.00. Alfa Financial Software Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.09. Alfa Financial Software Holdings's Cyclically Adjusted Price-to-FCF for today is 22.22.

The historical rank and industry rank for Alfa Financial Software Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:A9F' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.06   Med: 19.94   Max: 24.38
Current: 20.13

During the past 11 years, Alfa Financial Software Holdings's highest Cyclically Adjusted Price-to-FCF was 24.38. The lowest was 16.06. And the median was 19.94.

FRA:A9F's Cyclically Adjusted Price-to-FCF is ranked better than
64.15% of 661 companies
in the Software industry
Industry Median: 29.5 vs FRA:A9F: 20.13

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.

Alfa Financial Software Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €0.112. 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 €0.09 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alfa Financial Software Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alfa Financial Software Holdings'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.

Alfa Financial Software Holdings Cyclically Adjusted Price-to-FCF Chart

Alfa Financial Software Holdings 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 - - - 20.73 16.52

Alfa Financial Software Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 20.73 - 16.52

Competitive Comparison of Alfa Financial Software Holdings's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Alfa Financial Software Holdings'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.


Alfa Financial Software Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

* The bar in red indicates where Alfa Financial Software Holdings's Cyclically Adjusted Price-to-FCF falls into.



Alfa Financial Software Holdings 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.

Alfa Financial Software Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.00/0.09
=22.22

* 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.

Alfa Financial Software Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Alfa Financial Software Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.112/130.5000*130.5000
=0.112

Current CPI (Dec23) = 130.5000.

Alfa Financial Software Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.076 99.900 0.099
201512 0.071 100.400 0.092
201612 0.123 102.200 0.157
201712 0.070 105.000 0.087
201812 0.050 107.100 0.061
201912 0.061 108.500 0.073
202012 0.090 109.400 0.107
202112 0.099 114.700 0.113
202212 0.095 125.300 0.099
202312 0.112 130.500 0.112

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.


Alfa Financial Software Holdings  (FRA:A9F) 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.


Alfa Financial Software Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Alfa Financial Software Holdings (FRA:A9F) Business Description

Traded in Other Exchanges
Address
1 Fore Street Avenue, Moor Place, London, GBR, EC2Y 9DT
Alfa Financial Software Holdings PLC is a Developer of software systems and services designed for the global asset and automotive finance industry. The company's technology platform supports both retail and corporate business for auto, equipment, wholesale, and dealer finance on a multijurisdictional basis, including leases/loans, originations, and servicing, enabling finance companies to find compelling solutions.

Alfa Financial Software Holdings (FRA:A9F) Headlines

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