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Knowit AB (FRA:KOW) Cyclically Adjusted Price-to-FCF : 11.41 (As of May. 24, 2024)


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What is Knowit AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Knowit AB's current share price is €15.98. Knowit AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.40. Knowit AB's Cyclically Adjusted Price-to-FCF for today is 11.41.

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

FRA:KOW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.3   Med: 23.27   Max: 35.86
Current: 12.06

During the past years, Knowit AB's highest Cyclically Adjusted Price-to-FCF was 35.86. The lowest was 8.30. And the median was 23.27.

FRA:KOW's Cyclically Adjusted Price-to-FCF is ranked better than
80.03% of 656 companies
in the Software industry
Industry Median: 29.52 vs FRA:KOW: 12.06

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.

Knowit AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.315. 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 €1.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Knowit AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Knowit AB'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.

Knowit AB Cyclically Adjusted Price-to-FCF Chart

Knowit AB 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 24.62 31.48 32.88 14.30 10.17

Knowit AB 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 13.94 11.64 8.69 10.17 10.06

Competitive Comparison of Knowit AB's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Knowit AB'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.


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

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

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



Knowit AB 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.

Knowit AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.98/1.4
=11.41

* 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.

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

For example, Knowit AB'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)
=0.315/132.2054*132.2054
=0.315

Current CPI (Mar. 2024) = 132.2054.

Knowit AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.158 100.432 0.208
201409 -0.123 100.161 -0.162
201412 0.475 100.225 0.627
201503 -0.193 99.950 -0.255
201506 0.326 99.995 0.431
201509 -0.286 100.228 -0.377
201512 0.559 100.276 0.737
201603 0.033 100.751 0.043
201606 0.400 101.019 0.523
201609 0.084 101.138 0.110
201612 0.559 102.022 0.724
201703 0.217 102.022 0.281
201706 0.318 102.752 0.409
201709 -0.339 103.279 -0.434
201712 0.846 103.793 1.078
201803 0.035 103.962 0.045
201806 0.369 104.875 0.465
201809 0.210 105.679 0.263
201812 0.772 105.912 0.964
201903 -0.102 105.886 -0.127
201906 0.437 106.742 0.541
201909 0.593 107.214 0.731
201912 0.566 107.766 0.694
202003 0.192 106.563 0.238
202006 1.190 107.498 1.464
202009 -0.080 107.635 -0.098
202012 0.898 108.296 1.096
202103 0.263 108.360 0.321
202106 0.346 108.928 0.420
202109 0.228 110.338 0.273
202112 0.935 112.486 1.099
202203 -0.005 114.825 -0.006
202206 0.368 118.384 0.411
202209 0.020 122.296 0.022
202212 0.963 126.365 1.008
202303 0.275 127.042 0.286
202306 0.343 129.407 0.350
202309 -0.330 130.224 -0.335
202312 0.865 131.912 0.867
202403 0.315 132.205 0.315

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.


Knowit AB  (FRA:KOW) 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.


Knowit AB Cyclically Adjusted Price-to-FCF Related Terms

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


Knowit AB (FRA:KOW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Knowit AB (FRA:KOW) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Klarabergsgatan 60, Box 3383, Stockholm, SWE, 10368
Knowit is a Nordic consultancy, operating three divisions: IT and system development; Customer experience technology and communications; Management consultancy. The company has about 2200 employees in 20 locations in Sweden, Norway, Denmark, Finland and Germany. Knowit provides services towards most industries, both public and private sector. Knowit AB (Publ) was founded in 1990 and is headquartered in Stockholm, Sweden.

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