GURUFOCUS.COM » STOCK LIST » Technology » Software » Kainos Group PLC (OTCPK:KNNNF) » Definitions » Cyclically Adjusted Price-to-FCF

Kainos Group (Kainos Group) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


View and export this data going back to 2018. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Kainos Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kainos 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.

Kainos Group Cyclically Adjusted Price-to-FCF Chart

Kainos Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 80.24 60.84 -

Kainos Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 80.24 - 60.84 - -

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

For the Software - Application subindustry, Kainos 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.


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

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

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



Kainos 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.

Kainos Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Kainos Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.637/131.6000*131.6000
=0.637

Current CPI (Mar24) = 131.6000.

Kainos Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.155 99.600 0.205
201603 0.106 100.400 0.139
201703 0.166 102.700 0.213
201803 0.150 105.100 0.188
201903 0.222 107.000 0.273
202003 0.161 108.600 0.195
202103 0.657 109.700 0.788
202203 0.408 116.500 0.461
202303 0.574 126.800 0.596
202403 0.637 131.600 0.637

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.


Kainos Group  (OTCPK:KNNNF) 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.


Kainos Group Cyclically Adjusted Price-to-FCF Related Terms

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


Kainos Group (Kainos Group) Business Description

Industry
Traded in Other Exchanges
Address
4-6 Upper Crescent, Kainos House, Belfast, Northern Ireland, GBR, BT7 1NT
Kainos Group PLC provides information technology services, consulting and software solutions. It is structured into two divisions namely Digital Services and Workday Practice. Digital Services include full life cycle development and support of digital solutions for government and commercial customers. Workday Practice includes includes cloud-based software for Human Capital Management and Financial Management and Planning, Workday Products. The company derives majority of its revenues from the Digital Services segment.

Kainos Group (Kainos Group) Headlines

No Headlines