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Softcat (FRA:SF5) Cyclically Adjusted Price-to-FCF : 50.51 (As of Jun. 10, 2024)


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What is Softcat Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Softcat's current share price is €19.70. Softcat's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 was €0.39. Softcat's Cyclically Adjusted Price-to-FCF for today is 50.51.

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

FRA:SF5' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 36.44   Med: 44.18   Max: 53.46
Current: 49.97

During the past 11 years, Softcat's highest Cyclically Adjusted Price-to-FCF was 53.46. The lowest was 36.44. And the median was 44.18.

FRA:SF5's Cyclically Adjusted Price-to-FCF is ranked worse than
66.72% of 682 companies
in the Software industry
Industry Median: 28.365 vs FRA:SF5: 49.97

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.

Softcat's adjusted free cash flow per share data of for the fiscal year that ended in Jul23 was €0.591. 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 €0.39 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Softcat Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Softcat'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.

Softcat Cyclically Adjusted Price-to-FCF Chart

Softcat Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 49.55 44.04

Softcat Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 49.55 - 44.04 -

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

For the Information Technology Services subindustry, Softcat'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.


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

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

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



Softcat 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.70/0.39
=50.51

* 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.

Softcat's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Softcat's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jul23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=0.591/129.0000*129.0000
=0.591

Current CPI (Jul23) = 129.0000.

Softcat Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.215 99.600 0.278
201507 0.323 100.000 0.417
201607 0.170 100.900 0.217
201707 0.225 103.500 0.280
201807 0.317 105.900 0.386
201907 0.348 108.000 0.416
202007 0.307 109.200 0.363
202107 0.497 111.400 0.576
202207 0.463 121.200 0.493
202307 0.591 129.000 0.591

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.


Softcat  (FRA:SF5) 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.


Softcat Cyclically Adjusted Price-to-FCF Related Terms

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


Softcat (FRA:SF5) Business Description

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Fieldhouse Lane, Solar House, Marlow, Buckinghamshire, GBR, SL7 1LW
Softcat PLC is a information technology infrastructure and service provider. It offers software licensing, workplace technology, networking and security, and cloud and data center solutions to the corporates, public sector organizations and small to medium-sized business segment, of which small to medium-sized business segment is the major business provider to the company. The entity earns revenue from offering products like software, hardware, and services, as well as the sale of the company's own services, of which majority of the revenue is derived from offering software products.

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