GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Software Circle Plc (LSE:SFT) » Definitions » Cyclically Adjusted Price-to-FCF

Software Circle (LSE:SFT) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Software Circle Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Software Circle Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Software Circle'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.

Software Circle Cyclically Adjusted Price-to-FCF Chart

Software Circle Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.78 13.63 - - -

Software Circle Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Competitive Comparison of Software Circle's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Software Circle'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.


Software Circle's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Software Circle 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.

Software Circle's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Software Circle's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.001/126.8000*126.8000
=-0.001

Current CPI (Mar23) = 126.8000.

Software Circle Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.018 99.300 0.023
201503 0.012 99.600 0.015
201603 -0.033 100.400 -0.042
201703 -0.001 102.700 -0.001
201803 -0.020 105.100 -0.024
201903 -0.030 107.000 -0.036
202003 -0.021 108.600 -0.025
202103 -0.004 109.700 -0.005
202203 -0.004 116.500 -0.004
202303 -0.001 126.800 -0.001

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.


Software Circle  (LSE:SFT) 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.


Software Circle Cyclically Adjusted Price-to-FCF Related Terms

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


Software Circle (LSE:SFT) Business Description

Traded in Other Exchanges
N/A
Address
Third Avenue, The Village, Trafford Park, Manchester, GBR, M17 1FG
Software Circle Plc is a UK-based company who is an acquirer of great vertical market software businesses. The company operates complex logistics, a SaaS platform, and brands that sell print and web to business customers. The segmental analysis by nature of service includes license fees, company-owned studio revenue, brand partner print, and online sales plus trade print. Some of its brands include Nettl, watermark, and topfloor. Geographically it has its business across the region of the UK and Ireland, Europe, and others of which the UK and Ireland's region accounts for a majority of the revenue.

Software Circle (LSE:SFT) Headlines

No Headlines