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Ciber (FRA:CIC) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


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What is Ciber Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ciber Cyclically Adjusted Price-to-FCF Historical Data

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

Ciber Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Price-to-FCF
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Ciber Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Ciber's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Ciber'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.


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

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

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



Ciber 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.

Ciber's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, Ciber's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=-0.197/101.8610*101.8610
=-0.197

Current CPI (Sep. 2016) = 101.8610.

Ciber Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200612 0.234 85.142 0.280
200703 -0.133 86.640 -0.156
200706 0.117 87.906 0.136
200709 0.182 87.964 0.211
200712 -0.055 88.616 -0.063
200803 0.235 90.090 0.266
200806 0.115 92.320 0.127
200809 0.233 92.307 0.257
200812 0.298 88.697 0.342
200903 0.031 89.744 0.035
200906 0.188 91.003 0.210
200909 0.319 91.120 0.357
200912 0.192 91.111 0.215
201003 -0.083 91.821 -0.092
201006 -0.115 91.962 -0.127
201009 0.164 92.162 0.181
201012 0.268 92.474 0.295
201103 -0.204 94.283 -0.220
201106 -0.063 95.235 -0.067
201109 0.116 95.727 0.123
201112 0.361 95.213 0.386
201203 -0.263 96.783 -0.277
201206 -0.097 96.819 -0.102
201209 -0.035 97.633 -0.037
201212 0.341 96.871 0.359
201303 -0.300 98.209 -0.311
201306 0.072 98.518 0.074
201309 0.104 98.790 0.107
201312 0.293 98.326 0.304
201403 -0.308 99.695 -0.315
201406 -0.001 100.560 -0.001
201409 -0.034 100.428 -0.034
201412 0.308 99.070 0.317
201503 -0.406 99.621 -0.415
201506 -0.067 100.684 -0.068
201509 0.025 100.392 0.025
201512 0.000 99.792 0.000
201603 -0.099 100.470 -0.100
201606 -0.388 101.688 -0.389
201609 -0.197 101.861 -0.197

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.


Ciber  (FRA:CIC) 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.


Ciber Cyclically Adjusted Price-to-FCF Related Terms

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


Ciber (FRA:CIC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ciber Inc (FRA:CIC) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
7900 E Union Avenue, Suite 1100, Denver, CO, USA, 80237
CMTSU Liquidation Inc is an information technology consulting and services company. It provides information technology services globally, mainly in groups which include Independent software vendor relationships, Ciber managed services, Business consulting, Application development and Management services and Software as a service offering. Its services portfolio includes cloud, mobile, business intelligence, digital transformation etc. The firm has North America and International segments. It derives the majority of its revenues from North America segment. The company offers its services to industries such as Financial Services, Logistics, Healthcare, and Manufacturing.

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