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Digimarc (STU:3J0) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2025)


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What is Digimarc Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Digimarc Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Digimarc'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.

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Digimarc Cyclically Adjusted Price-to-FCF Chart

Digimarc Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Digimarc Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Digimarc's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Digimarc'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.


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

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

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


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Digimarc 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.

Digimarc's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Digimarc's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.242/134.9266*134.9266
=-0.242

Current CPI (Mar. 2025) = 134.9266.

Digimarc Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.307 100.684 -0.411
201509 -0.354 100.392 -0.476
201512 -0.371 99.792 -0.502
201603 -0.307 100.470 -0.412
201606 -0.367 101.688 -0.487
201609 -0.442 101.861 -0.585
201612 -0.498 101.863 -0.660
201703 -0.362 102.862 -0.475
201706 -0.499 103.349 -0.651
201709 -0.495 104.136 -0.641
201712 -0.348 104.011 -0.451
201803 -0.295 105.290 -0.378
201806 -0.502 106.317 -0.637
201809 -0.523 106.507 -0.663
201812 -0.426 105.998 -0.542
201903 -0.447 107.251 -0.562
201906 -0.450 108.070 -0.562
201909 -0.475 108.329 -0.592
201912 -0.409 108.420 -0.509
202003 -0.460 108.902 -0.570
202006 -0.347 108.767 -0.430
202009 -0.385 109.815 -0.473
202012 -0.279 109.897 -0.343
202103 -0.332 111.754 -0.401
202106 -0.348 114.631 -0.410
202109 -0.329 115.734 -0.384
202112 -0.425 117.630 -0.487
202203 -0.649 121.301 -0.722
202206 -0.691 125.017 -0.746
202209 -0.585 125.227 -0.630
202212 -0.369 125.222 -0.398
202303 -0.414 127.348 -0.439
202306 -0.362 128.729 -0.379
202309 -0.017 129.860 -0.018
202312 -0.245 129.419 -0.255
202403 -0.383 131.776 -0.392
202406 -0.302 132.554 -0.307
202409 -0.306 133.029 -0.310
202412 -0.194 133.157 -0.197
202503 -0.242 134.927 -0.242

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.


Digimarc  (STU:3J0) 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.


Digimarc Cyclically Adjusted Price-to-FCF Related Terms

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


Digimarc Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Digimarc Corp (STU:3J0) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
8500 SW Creekside Place, Beaverton, OR, USA, 97008
Digimarc Corp is engaged in digital watermarking technologies. The Digimarc Illuminate platform is a distinctive software as a service (SaaS) cloud-based platform for digital connectivity that provides the tools for the application of digital watermarks and dynamic Quick Response (QR) codes, software (digital twins) that enables various systems and devices to interact with those data carriers and a centralized platform for capturing insights about digital interactions and automating activities based on that information. The company generates revenue through commercial and government applications of its technology. The company derives its revenue from software development services, subscriptions for products and related services, and licensing of patents.

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