GURUFOCUS.COM » STOCK LIST » Technology » Software » IAR Systems Group AB (OSTO:IAR B) » Definitions » Cyclically Adjusted Price-to-FCF

IAR Systems Group AB (OSTO:IAR B) Cyclically Adjusted Price-to-FCF : 26.06 (As of Jun. 24, 2024)


View and export this data going back to 1999. Start your Free Trial

What is IAR Systems Group AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-24), IAR Systems Group AB's current share price is kr160.00. IAR Systems Group AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr6.14. IAR Systems Group AB's Cyclically Adjusted Price-to-FCF for today is 26.06.

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

OSTO:IAR B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.65   Med: 32.55   Max: 72.11
Current: 26.07

During the past years, IAR Systems Group AB's highest Cyclically Adjusted Price-to-FCF was 72.11. The lowest was 12.65. And the median was 32.55.

OSTO:IAR B's Cyclically Adjusted Price-to-FCF is ranked better than
52.49% of 684 companies
in the Software industry
Industry Median: 28.49 vs OSTO:IAR B: 26.07

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.

IAR Systems Group AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr1.533. 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 kr6.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IAR Systems Group AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for IAR Systems Group AB'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.

IAR Systems Group AB Cyclically Adjusted Price-to-FCF Chart

IAR Systems Group AB 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 47.75 33.96 26.90 28.45 20.47

IAR Systems Group AB 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 23.21 15.07 14.17 20.47 22.62

Competitive Comparison of IAR Systems Group AB's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, IAR Systems Group AB'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.


IAR Systems Group AB's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

* The bar in red indicates where IAR Systems Group AB's Cyclically Adjusted Price-to-FCF falls into.



IAR Systems Group AB 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.

IAR Systems Group AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=160.00/6.14
=26.06

* 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.

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

For example, IAR Systems Group AB'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)
=1.533/132.2054*132.2054
=1.533

Current CPI (Mar. 2024) = 132.2054.

IAR Systems Group AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.329 100.432 0.433
201409 1.338 100.161 1.766
201412 0.755 100.225 0.996
201503 1.013 99.950 1.340
201506 2.106 99.995 2.784
201509 1.291 100.228 1.703
201512 1.916 100.276 2.526
201603 1.330 100.751 1.745
201606 1.235 101.019 1.616
201609 2.225 101.138 2.908
201612 2.787 102.022 3.612
201703 1.750 102.022 2.268
201706 2.122 102.752 2.730
201709 2.185 103.279 2.797
201712 2.249 103.793 2.865
201803 1.108 103.962 1.409
201806 0.880 104.875 1.109
201809 0.278 105.679 0.348
201812 1.223 105.912 1.527
201903 -0.095 105.886 -0.119
201906 0.747 106.742 0.925
201909 0.447 107.214 0.551
201912 0.520 107.766 0.638
202003 -0.593 106.563 -0.736
202006 1.515 107.498 1.863
202009 1.083 107.635 1.330
202012 0.704 108.296 0.859
202103 0.103 108.360 0.126
202106 0.798 108.928 0.969
202109 1.589 110.338 1.904
202112 1.709 112.486 2.009
202203 1.127 114.825 1.298
202206 1.209 118.384 1.350
202209 2.432 122.296 2.629
202212 0.235 126.365 0.246
202303 1.141 127.042 1.187
202306 1.344 129.407 1.373
202309 2.880 130.224 2.924
202312 2.028 131.912 2.033
202403 1.533 132.205 1.533

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.


IAR Systems Group AB  (OSTO:IAR B) 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.


IAR Systems Group AB Cyclically Adjusted Price-to-FCF Related Terms

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


IAR Systems Group AB (OSTO:IAR B) Business Description

Industry
Traded in Other Exchanges
Address
Strandbodgatan 1A, Stockholm, SWE, SE-75323
IAR Systems Group AB provides software for the programming processors in embedded systems. The company's customers mainly operate in industrial automation, medical technology, IOT, consumer electronics, and automotive industries that develop products based on 8-, 16, 32-bit processors. Its flagship product is IAR embedded workbench. Geographically, it derives a majority of revenue from the Americas and also has a presence in Asia, EMEA, and the Nordic region.

IAR Systems Group AB (OSTO:IAR B) Headlines

No Headlines