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BlackLine (BlackLine) Cyclically Adjusted Price-to-FCF : 164.62 (As of May. 04, 2024)


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What is BlackLine Cyclically Adjusted Price-to-FCF?

As of today (2024-05-04), BlackLine's current share price is $60.91. BlackLine's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.37. BlackLine's Cyclically Adjusted Price-to-FCF for today is 164.62.

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

BL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 150.57   Med: 163.69   Max: 181.11
Current: 165.99

During the past 10 years, BlackLine's highest Cyclically Adjusted Price-to-FCF was 181.11. The lowest was 150.57. And the median was 163.69.

BL's Cyclically Adjusted Price-to-FCF is ranked worse than
89.76% of 674 companies
in the Software industry
Industry Median: 28.43 vs BL: 165.99

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.

BlackLine's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $1.374. 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 $0.37 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackLine Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BlackLine'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.

BlackLine Cyclically Adjusted Price-to-FCF Chart

BlackLine 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 - - - - 170.16

BlackLine 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 - - - - 170.16

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

For the Software - Application subindustry, BlackLine'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.


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

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

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



BlackLine 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=60.91/0.37
=164.62

* 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.

BlackLine's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, BlackLine's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.374/129.4194*129.4194
=1.374

Current CPI (Dec23) = 129.4194.

BlackLine Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.123 99.070 0.161
201512 -0.230 99.792 -0.298
201612 -0.231 101.863 -0.293
201712 -0.042 104.011 -0.052
201812 0.078 105.998 0.095
201912 0.362 108.420 0.432
202012 0.621 109.897 0.731
202112 0.974 117.630 1.072
202212 0.434 125.222 0.449
202312 1.374 129.419 1.374

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.


BlackLine  (NAS:BL) 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.


BlackLine Cyclically Adjusted Price-to-FCF Related Terms

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


BlackLine (BlackLine) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » BlackLine Inc (NAS:BL) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
21300 Victory Boulevard, 12th Floor, Woodland Hills, CA, USA, 91367
BlackLine Inc is engaged in providing financial accounting close solutions delivered as Software as a Service (SaaS). The Company's solutions enable its customers to address various aspects of their financial close process including account reconciliations, variance analysis of account balances, journal entry capabilities, and certain types of data matching capabilities. The majority of the revenue of the company is earned in the United States.
Executives
Mark Woodhams officer: Chief Revenue Officer 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Thomas Unterman director 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Mika Yamamoto director 21300 VICTORY BLVD.,, 12TH FLOOR, WOODLAND HILLS CA 91367
William Raymond Wagner director C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Peter Hirsch officer: Chief Technology Officer C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, PLEASANTON CA 94588
Mark Partin officer: Chief Financial Officer 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Marc Huffman officer: Chief Operating Officer C/O NETSUITE INC., 2955 CAMPUS DRIVE, SUITE 100, SAN MATEO CA 94403
Amit Yoran director C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Brunilda Rios director C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Owen Ryan director C/O BLACKLINE INC, 21300 VICTORY BOULEVARD 12TH FLOOR, WOODLAND HILLS CA 91367
Therese Tucker director, 10 percent owner, officer: Chief Executive Officer 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Barbara Whye director 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Morgan Karole Prager officer: Chief Legal Officer & Sec'y C/O MCCLATCHY CO, 2100 Q STREET, SACRAMENTO CA 95816
Patrick Villanova officer: Controller 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367