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Bottomline Technologies (FRA:BOT) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Bottomline Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bottomline Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bottomline Technologies'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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Bottomline Technologies Cyclically Adjusted Price-to-FCF Chart

Bottomline Technologies Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted Price-to-FCF
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Bottomline Technologies Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Bottomline Technologies's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, Bottomline Technologies'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.


Bottomline Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Bottomline Technologies 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.

Bottomline Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Bottomline Technologies's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=0.545/121.3010*121.3010
=0.545

Current CPI (Mar. 2022) = 121.3010.

Bottomline Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 0.189 96.819 0.237
201209 0.180 97.633 0.224
201212 0.132 96.871 0.165
201303 0.181 98.209 0.224
201306 0.185 98.518 0.228
201309 0.107 98.790 0.131
201312 0.164 98.326 0.202
201403 0.347 99.695 0.422
201406 0.164 100.560 0.198
201409 0.185 100.428 0.223
201412 0.148 99.070 0.181
201503 0.470 99.621 0.572
201506 0.102 100.684 0.123
201509 0.119 100.392 0.144
201512 0.228 99.792 0.277
201603 0.410 100.470 0.495
201606 0.183 101.688 0.218
201609 -0.032 101.861 -0.038
201612 0.090 101.863 0.107
201703 0.577 102.862 0.680
201706 0.172 103.349 0.202
201709 0.045 104.136 0.052
201712 -0.131 104.011 -0.153
201803 0.522 105.290 0.601
201806 0.570 106.317 0.650
201809 0.078 106.507 0.089
201812 0.266 105.998 0.304
201903 0.023 107.251 0.026
201906 0.152 108.070 0.171
201909 0.146 108.329 0.163
201912 0.193 108.420 0.216
202003 0.323 108.902 0.360
202006 0.420 108.767 0.468
202009 -0.014 109.815 -0.015
202012 0.191 109.897 0.211
202103 0.548 111.754 0.595
202106 0.137 114.631 0.145
202109 -0.029 115.734 -0.030
202112 0.204 117.630 0.210
202203 0.545 121.301 0.545

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.


Bottomline Technologies  (FRA:BOT) 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.


Bottomline Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Bottomline Technologies (FRA:BOT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
325 Corporate Drive, Portsmouth, NH, USA, 03801-6808
Bottomline Technologies Inc provides financial oriented solutions. It is a trusted and easy-to-use set of cloud-based digital banking, fraud prevention, payment, financial document, and healthcare solutions. Bottomline consists of four operating segments: Cloud Solutions segment provides customers predominately with SaaS technology offerings that facilitate electronic payment, electronic invoicing and spend management; Digital Banking segment provides solutions that are specifically designed for banking and financial institution customers; Payments and Transactional Documents segment is a supplier of software products that provide a range of financial business process management solutions; and Other segment consists of healthcare and cyber fraud and risk management operating segments.

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