GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hyve Group PLC (OTCPK:ITEGY) » Definitions » Cyclically Adjusted Price-to-FCF

Hyve Group (Hyve Group) Cyclically Adjusted Price-to-FCF : 0.93 (As of Jun. 22, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Hyve Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), Hyve Group's current share price is $0.821. Hyve Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep22 was $0.88. Hyve Group's Cyclically Adjusted Price-to-FCF for today is 0.93.

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

ITEGY's Cyclically Adjusted Price-to-FCF is not ranked *
in the Business Services industry.
Industry Median: 17.935
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

Hyve Group's adjusted free cash flow per share data of for the fiscal year that ended in Sep22 was $0.111. 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 $0.88 for the trailing ten years ended in Sep22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hyve Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hyve Group'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.

Hyve Group Cyclically Adjusted Price-to-FCF Chart

Hyve Group Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.81 7.71 1.49 0.50 0.70

Hyve Group Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 1.49 - 0.50 - 0.70

Competitive Comparison of Hyve Group's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Hyve Group'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.


Hyve Group's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hyve Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hyve Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.821/0.88
=0.93

* 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.

Hyve Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep22 is calculated as:

For example, Hyve Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep22 (Change)*Current CPI (Sep22)
=0.111/122.3000*122.3000
=0.111

Current CPI (Sep22) = 122.3000.

Hyve Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 2.161 98.700 2.678
201409 1.510 100.000 1.847
201509 1.084 100.200 1.323
201609 1.016 101.500 1.224
201709 1.005 104.300 1.178
201809 0.038 106.600 0.044
201909 0.237 108.400 0.267
202009 0.023 109.200 0.026
202109 0.136 112.400 0.148
202209 0.111 122.300 0.111

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.


Hyve Group  (OTCPK:ITEGY) 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.


Hyve Group Cyclically Adjusted Price-to-FCF Related Terms

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


Hyve Group (Hyve Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2 Kingdom Street, London, GBR, W2 6JG
Hyve Group PLC is a United Kingdom-based company engaged in the organization of trade exhibitions and conferences and related activities. . The company has three operating segments are EdTech & Natural Resources; Retail, Manufacturing & Engineering; and RetailTech & FinTech and the majority of its revenue generates from RetailTech & FinTech. The company's geographical segment includes, United Kingdom, Asia, United States of America and Rest of the world and majority of its revenue generates from United kingdom.