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F5 (MEX:FFIV) Cyclically Adjusted Price-to-FCF : 19.11 (As of Jun. 22, 2024)


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What is F5 Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), F5's current share price is MXN3168.92. F5's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN165.80. F5's Cyclically Adjusted Price-to-FCF for today is 19.11.

The historical rank and industry rank for F5's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:FFIV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.82   Med: 20.97   Max: 35.55
Current: 14.49

During the past years, F5's highest Cyclically Adjusted Price-to-FCF was 35.55. The lowest was 11.82. And the median was 20.97.

MEX:FFIV's Cyclically Adjusted Price-to-FCF is ranked better than
75.58% of 684 companies
in the Software industry
Industry Median: 28.575 vs MEX:FFIV: 14.49

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.

F5's adjusted free cash flow per share data for the three months ended in Mar. 2024 was MXN59.104. 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 MXN165.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


F5 Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for F5'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.

F5 Cyclically Adjusted Price-to-FCF Chart

F5 Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.78 13.61 19.98 13.53 14.25

F5 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 13.26 13.11 14.25 15.88 16.20

Competitive Comparison of F5's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, F5'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.


F5's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, F5's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where F5's Cyclically Adjusted Price-to-FCF falls into.



F5 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.

F5's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3168.92/165.8
=19.11

* 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.

F5's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, F5'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)
=59.104/131.7762*131.7762
=59.104

Current CPI (Mar. 2024) = 131.7762.

F5 Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 22.838 100.560 29.928
201409 29.289 100.428 38.432
201412 34.963 99.070 46.506
201503 26.605 99.621 35.192
201506 32.990 100.684 43.178
201509 38.872 100.392 51.024
201512 46.096 99.792 60.870
201603 29.607 100.470 38.832
201606 42.458 101.688 55.021
201609 53.668 101.861 69.430
201612 53.762 101.863 69.550
201703 47.996 102.862 61.487
201706 43.561 103.349 55.543
201709 58.516 104.136 74.048
201712 57.605 104.011 72.982
201803 51.231 105.290 64.119
201806 51.719 106.317 64.104
201809 56.933 106.507 70.441
201812 57.246 105.998 71.168
201903 53.171 107.251 65.330
201906 37.461 108.070 45.679
201909 60.341 108.329 73.401
201912 37.744 108.420 45.875
202003 64.738 108.902 78.336
202006 55.166 108.767 66.836
202009 58.402 109.815 70.082
202012 42.372 109.897 50.808
202103 39.161 111.754 46.177
202106 56.086 114.631 64.474
202109 62.955 115.734 71.681
202112 26.455 117.630 29.637
202203 39.326 121.301 42.722
202206 20.656 125.017 21.773
202209 48.610 125.227 51.152
202212 46.661 125.222 49.103
202303 38.679 127.348 40.024
202306 42.649 128.729 43.659
202309 50.899 129.860 51.650
202312 44.467 129.419 45.277
202403 59.104 131.776 59.104

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.


F5  (MEX:FFIV) 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.


F5 Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of F5's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


F5 (MEX:FFIV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » F5 Inc (MEX:FFIV) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
801 5th Avenue, Seattle, WA, USA, 98104
F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, has about 6,500 employees, and generates about 55% its revenue within the Americas, 25% in EMEA, and 20% in APAC/Japan.

F5 (MEX:FFIV) Headlines