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TXT e-solutions SpA (MIL:TXT) Cyclically Adjusted Price-to-FCF : 57.80 (As of Jun. 02, 2024)


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What is TXT e-solutions SpA Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), TXT e-solutions SpA's current share price is €23.70. TXT e-solutions SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.41. TXT e-solutions SpA's Cyclically Adjusted Price-to-FCF for today is 57.80.

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

MIL:TXT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.16   Med: 31.6   Max: 96.73
Current: 58.23

During the past years, TXT e-solutions SpA's highest Cyclically Adjusted Price-to-FCF was 96.73. The lowest was 13.16. And the median was 31.60.

MIL:TXT's Cyclically Adjusted Price-to-FCF is ranked worse than
73.12% of 677 companies
in the Software industry
Industry Median: 28.27 vs MIL:TXT: 58.23

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.

TXT e-solutions SpA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.337. 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 €0.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TXT e-solutions SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TXT e-solutions SpA'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.

TXT e-solutions SpA Cyclically Adjusted Price-to-FCF Chart

TXT e-solutions SpA 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 25.47 27.60 - 28.37 49.91

TXT e-solutions SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 38.91 50.84 40.94 49.91 55.16

Competitive Comparison of TXT e-solutions SpA's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, TXT e-solutions SpA'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.


TXT e-solutions SpA's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

* The bar in red indicates where TXT e-solutions SpA's Cyclically Adjusted Price-to-FCF falls into.



TXT e-solutions SpA 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.

TXT e-solutions SpA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.70/0.41
=57.80

* 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.

TXT e-solutions SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TXT e-solutions SpA'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)
=0.337/120.2000*120.2000
=0.337

Current CPI (Mar. 2024) = 120.2000.

TXT e-solutions SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.219 99.907 0.263
201406 -0.151 100.093 -0.181
201409 0.056 99.814 0.067
201412 0.164 99.721 0.198
201503 0.048 99.814 0.058
201506 0.038 100.279 0.046
201509 0.003 100.000 0.004
201512 -0.086 99.814 -0.104
201603 0.499 99.600 0.602
201606 -0.281 99.900 -0.338
201609 0.207 100.100 0.249
201612 0.264 100.300 0.316
201703 0.309 101.000 0.368
201706 0.001 101.100 0.001
201709 -0.204 101.200 -0.242
201712 -0.141 101.200 -0.167
201803 0.358 101.800 0.423
201806 0.205 102.400 0.241
201809 -0.181 102.600 -0.212
201812 -0.305 102.300 -0.358
201903 0.041 102.800 0.048
201906 -0.283 103.100 -0.330
201909 -0.086 102.900 -0.100
201912 0.140 102.800 0.164
202003 0.159 102.900 0.186
202006 -0.135 102.900 -0.158
202009 -0.302 102.300 -0.355
202012 0.076 102.600 0.089
202103 -0.872 103.700 -1.011
202106 1.468 104.200 1.693
202112 0.000 106.600 0.000
202203 0.927 110.400 1.009
202206 -0.064 112.500 -0.068
202209 0.078 114.200 0.082
202212 0.438 119.000 0.442
202303 1.571 118.800 1.590
202306 -0.291 119.700 -0.292
202309 -0.430 120.300 -0.430
202312 -0.159 119.700 -0.160
202403 0.337 120.200 0.337

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.


TXT e-solutions SpA  (MIL:TXT) 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.


TXT e-solutions SpA Cyclically Adjusted Price-to-FCF Related Terms

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


TXT e-solutions SpA (MIL:TXT) Business Description

Industry
Traded in Other Exchanges
Address
Via Milano, No. 150, Cologno Monzese, Milan, ITA, 20093
TXT e-solutions SpA is an Italy-based company. The company provides software and service solutions. Its products are used in the information technology sector (IT). The company business units include aerospace and aviation and Fintech. It generates maximum revenue from Aerospace, A&A segment. Geographically, it has a presence in Italy, Germany, the United Kingdom, France, Switzerland, and the USA.

TXT e-solutions SpA (MIL:TXT) Headlines