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QIWI (MIC:QIWI) Cyclically Adjusted Price-to-FCF : 1.18 (As of Jun. 05, 2025)


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What is QIWI Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), QIWI's current share price is ₽203.20. QIWI's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₽171.91. QIWI's Cyclically Adjusted Price-to-FCF for today is 1.18.

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

MIC:QIWI's Cyclically Adjusted Price-to-FCF is not ranked *
in the Software industry.
Industry Median: 30.14
* 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.

QIWI's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₽109.809. 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 ₽171.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


QIWI Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for QIWI'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.

QIWI Cyclically Adjusted Price-to-FCF Chart

QIWI 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 - - 4.98 3.13 3.25

QIWI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.13 2.54 2.47 2.63 3.25

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

For the Software - Infrastructure subindustry, QIWI'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.


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

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

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


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QIWI 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=203.20/171.91
=1.18

* 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.

QIWI's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, QIWI's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=109.809/129.4194*129.4194
=109.809

Current CPI (Dec. 2023) = 129.4194.

QIWI Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -82.086 99.695 -106.561
201406 33.068 100.560 42.558
201409 26.265 100.428 33.847
201412 97.634 99.070 127.544
201503 -100.460 99.621 -130.509
201506 6.551 100.684 8.421
201509 -12.881 100.392 -16.606
201512 76.442 99.792 99.137
201603 -44.693 100.470 -57.571
201606 22.153 101.688 28.194
201609 45.371 101.861 57.646
201612 56.868 101.863 72.252
201703 -14.986 102.862 -18.855
201706 17.134 103.349 21.456
201709 12.105 104.136 15.044
201712 29.745 104.011 37.011
201803 -8.652 105.290 -10.635
201806 38.265 106.317 46.580
201809 128.277 106.507 155.873
201812 189.808 105.998 231.748
201903 -32.131 107.251 -38.773
201906 53.322 108.070 63.856
201909 -5.985 108.329 -7.150
201912 112.565 108.420 134.367
202003 -158.652 108.902 -188.543
202006 32.162 108.767 38.269
202009 175.182 109.815 206.456
202012 41.881 109.897 49.321
202103 -181.360 111.754 -210.028
202106 39.678 114.631 44.797
202109 57.536 115.734 64.339
202112 3.699 117.630 4.070
202203 23.378 121.301 24.943
202206 67.983 125.017 70.377
202209 40.648 125.227 42.009
202212 98.230 125.222 101.523
202303 22.196 127.348 22.557
202306 91.422 128.729 91.913
202309 -83.446 129.860 -83.163
202312 109.809 129.419 109.809

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.


QIWI  (MIC:QIWI) 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.


QIWI Cyclically Adjusted Price-to-FCF Related Terms

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


QIWI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » QIWI PLC (MIC:QIWI) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
Kennedy 12, Kennedy Business Centre, 2nd Floor, Nicosia, CYP, 1087
QIWI PLC is engaged in operating electronic online payment systems in Russia, Kazakhstan, Moldova, Belarus, Romania, United Arab Emirates (UAE), and other countries and provides consumer and small and medium enterprises (SME) financial services. The company's segments include Payment Services, Digital Marketing, and Corporate and Others. It generates maximum revenue from the Payment Services segment. Geographically, the majority is from CIS countries.

QIWI Headlines

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