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InnerWorkings (FRA:QPV) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is InnerWorkings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


InnerWorkings Cyclically Adjusted Price-to-FCF Historical Data

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

InnerWorkings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Price-to-FCF
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InnerWorkings Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Competitive Comparison of InnerWorkings's Cyclically Adjusted Price-to-FCF

For the Advertising Agencies subindustry, InnerWorkings'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.


InnerWorkings's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, InnerWorkings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



InnerWorkings 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.

InnerWorkings's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2020 is calculated as:

For example, InnerWorkings's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2020 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=0.428/108.7673*108.7673
=0.428

Current CPI (Jun. 2020) = 108.7673.

InnerWorkings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201009 0.015 92.162 0.018
201012 0.083 92.474 0.098
201103 0.078 94.283 0.090
201106 -0.066 95.235 -0.075
201109 0.160 95.727 0.182
201112 0.127 95.213 0.145
201203 -0.141 96.783 -0.158
201206 -0.090 96.819 -0.101
201209 -0.084 97.633 -0.094
201212 0.267 96.871 0.300
201303 -0.057 98.209 -0.063
201306 0.012 98.518 0.013
201309 0.053 98.790 0.058
201312 0.347 98.326 0.384
201403 -0.179 99.695 -0.195
201406 0.012 100.560 0.013
201409 -0.215 100.428 -0.233
201412 0.005 99.070 0.005
201503 -0.171 99.621 -0.187
201506 0.038 100.684 0.041
201509 -0.196 100.392 -0.212
201512 0.829 99.792 0.904
201603 -0.482 100.470 -0.522
201606 0.338 101.688 0.362
201609 -0.420 101.861 -0.448
201612 0.505 101.863 0.539
201703 -0.050 102.862 -0.053
201706 -0.104 103.349 -0.109
201709 -0.268 104.136 -0.280
201712 0.414 104.011 0.433
201803 0.475 105.290 0.491
201806 -0.236 106.317 -0.241
201809 -0.247 106.507 -0.252
201812 0.162 105.998 0.166
201903 0.037 107.251 0.038
201906 -0.132 108.070 -0.133
201909 -0.242 108.329 -0.243
201912 0.486 108.420 0.488
202003 -0.219 108.902 -0.219
202006 0.428 108.767 0.428

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.


InnerWorkings  (FRA:QPV) 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.


InnerWorkings Cyclically Adjusted Price-to-FCF Related Terms

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


InnerWorkings (FRA:QPV) Business Description

Traded in Other Exchanges
N/A
Address
203 North LaSalle Street, Suite 1800, Chicago, IL, USA, 60601
InnerWorkings Inc is a marketing supply-chain company that provides marketing solutions, such as advertising materials, branded merchandise, product packaging, and retail displays. The company has three geographical reportable segments namely North America, EMEA, and LATAM. It generates maximum revenue from North America segment. The company operates a software platform called VALO that enables customers to a source, produce, monitor, and analyze their marketing plan with the company.

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