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Dassault Systemes SE (LTS:0HB4) Cyclically Adjusted Price-to-FCF : 44.44 (As of May. 21, 2024)


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What is Dassault Systemes SE Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Dassault Systemes SE's current share price is €37.77088. Dassault Systemes SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.85. Dassault Systemes SE's Cyclically Adjusted Price-to-FCF for today is 44.44.

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

LTS:0HB4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.78   Med: 48.97   Max: 93.7
Current: 44.32

During the past years, Dassault Systemes SE's highest Cyclically Adjusted Price-to-FCF was 93.70. The lowest was 26.78. And the median was 48.97.

LTS:0HB4's Cyclically Adjusted Price-to-FCF is ranked worse than
62.44% of 679 companies
in the Software industry
Industry Median: 28.63 vs LTS:0HB4: 44.32

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.

Dassault Systemes SE's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.461. 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 €0.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dassault Systemes SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dassault Systemes SE'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.

Dassault Systemes SE Cyclically Adjusted Price-to-FCF Chart

Dassault Systemes SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.76 62.32 83.24 46.26 54.29

Dassault Systemes SE 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 48.48 51.56 44.02 54.29 48.18

Competitive Comparison of Dassault Systemes SE's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Dassault Systemes SE'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.


Dassault Systemes SE's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Dassault Systemes SE 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.

Dassault Systemes SE's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.77088/0.85
=44.44

* 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.

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

For example, Dassault Systemes SE'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)
=0.461/119.4700*119.4700
=0.461

Current CPI (Mar. 2024) = 119.4700.

Dassault Systemes SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.128 100.180 0.153
201409 0.060 99.920 0.072
201412 0.029 99.860 0.035
201503 0.200 100.170 0.239
201506 0.111 100.440 0.132
201509 0.078 99.950 0.093
201512 0.070 100.040 0.084
201603 0.234 100.020 0.280
201606 0.101 100.630 0.120
201609 0.049 100.340 0.058
201612 0.055 100.650 0.065
201703 0.256 101.170 0.302
201706 0.168 101.320 0.198
201709 0.048 101.330 0.057
201712 0.040 101.850 0.047
201803 0.305 102.750 0.355
201806 0.168 103.370 0.194
201809 0.065 103.560 0.075
201812 0.097 103.470 0.112
201903 0.356 103.890 0.409
201906 0.293 104.580 0.335
201909 0.063 104.500 0.072
201912 0.119 104.980 0.135
202003 0.302 104.590 0.345
202006 0.282 104.790 0.322
202009 0.100 104.550 0.114
202012 0.161 104.960 0.183
202103 0.464 105.750 0.524
202106 0.270 106.340 0.303
202109 0.150 106.810 0.168
202112 0.246 107.850 0.273
202203 0.458 110.490 0.495
202206 0.288 112.550 0.306
202209 0.143 112.740 0.152
202212 0.161 114.160 0.168
202303 0.564 116.790 0.577
202306 0.157 117.650 0.159
202309 0.159 118.260 0.161
202312 0.184 118.390 0.186
202403 0.461 119.470 0.461

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.


Dassault Systemes SE  (LTS:0HB4) 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.


Dassault Systemes SE Cyclically Adjusted Price-to-FCF Related Terms

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


Dassault Systemes SE (LTS:0HB4) Business Description

Industry
Address
10, Rue Marcel Dassault, Velizy-Villacoublay, FRA, 78140
Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Tesla throughout the production process. The company's top line largely depends on the transportation and mobility, industrial equipment, and aerospace and defense industries.

Dassault Systemes SE (LTS:0HB4) Headlines

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