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Chegg (STU:0CG) Cyclically Adjusted Price-to-FCF : 5.14 (As of May. 26, 2024)


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What is Chegg Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Chegg's current share price is €3.4945. Chegg's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.68. Chegg's Cyclically Adjusted Price-to-FCF for today is 5.14.

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

STU:0CG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.96   Med: 27.58   Max: 114.37
Current: 4.96

During the past years, Chegg's highest Cyclically Adjusted Price-to-FCF was 114.37. The lowest was 4.96. And the median was 27.58.

STU:0CG's Cyclically Adjusted Price-to-FCF is ranked better than
80.6% of 67 companies
in the Education industry
Industry Median: 13.21 vs STU:0CG: 4.96

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.

Chegg's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.227. 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 €0.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chegg Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chegg'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.

Chegg Cyclically Adjusted Price-to-FCF Chart

Chegg 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 - - 49.67 36.07 15.15

Chegg 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 23.19 11.65 12.73 15.15 10.18

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

For the Education & Training Services subindustry, Chegg'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.


Chegg's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Chegg's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Chegg 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.4945/0.68
=5.14

* 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.

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

For example, Chegg'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)
=0.227/131.7762*131.7762
=0.227

Current CPI (Mar. 2024) = 131.7762.

Chegg Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.069 100.560 -0.090
201409 0.409 100.428 0.537
201412 -0.008 99.070 -0.011
201503 0.057 99.621 0.075
201506 -0.230 100.684 -0.301
201509 0.299 100.392 0.392
201512 -0.214 99.792 -0.283
201603 -0.242 100.470 -0.317
201606 0.027 101.688 0.035
201609 0.335 101.861 0.433
201612 -0.138 101.863 -0.179
201703 -0.036 102.862 -0.046
201706 0.071 103.349 0.091
201709 0.048 104.136 0.061
201712 0.120 104.011 0.152
201803 0.012 105.290 0.015
201806 0.089 106.317 0.110
201809 0.099 106.507 0.122
201812 0.132 105.998 0.164
201903 0.029 107.251 0.036
201906 0.153 108.070 0.187
201909 0.232 108.329 0.282
201912 0.119 108.420 0.145
202003 0.318 108.902 0.385
202006 0.239 108.767 0.290
202009 0.216 109.815 0.259
202012 0.280 109.897 0.336
202103 0.341 111.754 0.402
202106 0.214 114.631 0.246
202109 0.250 115.734 0.285
202112 0.236 117.630 0.264
202203 0.344 121.301 0.374
202206 0.227 125.017 0.239
202209 0.109 125.227 0.115
202212 0.325 125.222 0.342
202303 0.421 127.348 0.436
202306 0.320 128.729 0.328
202309 0.076 129.860 0.077
202312 0.319 129.419 0.325
202403 0.227 131.776 0.227

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.


Chegg  (STU:0CG) 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.


Chegg Cyclically Adjusted Price-to-FCF Related Terms

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


Chegg (STU:0CG) Business Description

Industry
Traded in Other Exchanges
Address
3990 Freedom Circle, Santa Clara, CA, USA, 95054
Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks and eTextbooks offerings.

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