GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ScanSource Inc (FRA:SC3) » Definitions » Cyclically Adjusted Price-to-FCF

ScanSource (FRA:SC3) Cyclically Adjusted Price-to-FCF : 18.56 (As of Jun. 05, 2024)


View and export this data going back to . Start your Free Trial

What is ScanSource Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), ScanSource's current share price is €43.80. ScanSource's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.36. ScanSource's Cyclically Adjusted Price-to-FCF for today is 18.56.

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

FRA:SC3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.56   Med: 22.03   Max: 45.73
Current: 18.29

During the past years, ScanSource's highest Cyclically Adjusted Price-to-FCF was 45.73. The lowest was 7.56. And the median was 22.03.

FRA:SC3's Cyclically Adjusted Price-to-FCF is ranked better than
68.5% of 965 companies
in the Hardware industry
Industry Median: 30.44 vs FRA:SC3: 18.29

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.

ScanSource's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €5.705. 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 €2.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ScanSource Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ScanSource'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.

ScanSource Cyclically Adjusted Price-to-FCF Chart

ScanSource Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.18 11.28 10.66 14.61 20.51

ScanSource 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 17.60 20.51 18.89 19.38 17.03

Competitive Comparison of ScanSource's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, ScanSource'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.


ScanSource's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



ScanSource 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=43.80/2.36
=18.56

* 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.

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

For example, ScanSource'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)
=5.705/131.7762*131.7762
=5.705

Current CPI (Mar. 2024) = 131.7762.

ScanSource Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.271 100.560 0.355
201409 -0.178 100.428 -0.234
201412 -0.473 99.070 -0.629
201503 0.984 99.621 1.302
201506 1.473 100.684 1.928
201509 -1.855 100.392 -2.435
201512 0.486 99.792 0.642
201603 2.044 100.470 2.681
201606 0.853 101.688 1.105
201609 0.148 101.861 0.191
201612 1.057 101.863 1.367
201703 1.532 102.862 1.963
201706 0.289 103.349 0.368
201709 -1.269 104.136 -1.606
201712 -1.708 104.011 -2.164
201803 2.502 105.290 3.131
201806 0.978 106.317 1.212
201809 0.157 106.507 0.194
201812 -2.126 105.998 -2.643
201903 0.757 107.251 0.930
201906 0.090 108.070 0.110
201909 0.946 108.329 1.151
201912 3.146 108.420 3.824
202003 -0.495 108.902 -0.599
202006 2.461 108.767 2.982
202009 3.451 109.815 4.141
202012 1.107 109.897 1.327
202103 -1.979 111.754 -2.334
202106 0.329 114.631 0.378
202109 -1.920 115.734 -2.186
202112 -0.683 117.630 -0.765
202203 1.019 121.301 1.107
202206 -3.038 125.017 -3.202
202209 -1.950 125.227 -2.052
202212 -1.128 125.222 -1.187
202303 1.929 127.348 1.996
202306 -0.560 128.729 -0.573
202309 3.395 129.860 3.445
202312 2.196 129.419 2.236
202403 5.705 131.776 5.705

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.


ScanSource  (FRA:SC3) 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.


ScanSource Cyclically Adjusted Price-to-FCF Related Terms

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


ScanSource (FRA:SC3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ScanSource Inc (FRA:SC3) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
6 Logue Court, Greenville, SC, USA, 29615
ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the Company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.

ScanSource (FRA:SC3) Headlines

No Headlines