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F5 (STU:FFV) Cyclically Adjusted Price-to-FCF : 14.29 (As of Jun. 11, 2024)


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What is F5 Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), F5's current share price is €154.60. F5's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €10.82. F5's Cyclically Adjusted Price-to-FCF for today is 14.29.

The historical rank and industry rank for F5's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:FFV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.82   Med: 20.97   Max: 35.55
Current: 14.3

During the past years, F5's highest Cyclically Adjusted Price-to-FCF was 35.55. The lowest was 11.82. And the median was 20.97.

STU:FFV's Cyclically Adjusted Price-to-FCF is ranked better than
76.69% of 682 companies
in the Software industry
Industry Median: 28.365 vs STU:FFV: 14.30

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.

F5's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €3.276. 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 €10.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


F5 Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for F5'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.

F5 Cyclically Adjusted Price-to-FCF Chart

F5 Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.78 13.61 19.98 13.53 14.25

F5 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 13.26 13.11 14.25 15.88 16.20

Competitive Comparison of F5's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, F5'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.


F5's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, F5's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where F5's Cyclically Adjusted Price-to-FCF falls into.



F5 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.

F5's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=154.60/10.82
=14.29

* 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.

F5's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, F5'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)
=3.276/131.7762*131.7762
=3.276

Current CPI (Mar. 2024) = 131.7762.

F5 Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.296 100.560 1.698
201409 1.693 100.428 2.221
201412 1.922 99.070 2.557
201503 1.613 99.621 2.134
201506 1.873 100.684 2.451
201509 2.050 100.392 2.691
201512 2.461 99.792 3.250
201603 1.544 100.470 2.025
201606 2.043 101.688 2.647
201609 2.473 101.861 3.199
201612 2.472 101.863 3.198
201703 2.383 102.862 3.053
201706 2.145 103.349 2.735
201709 2.705 104.136 3.423
201712 2.478 104.011 3.139
201803 2.287 105.290 2.862
201806 2.253 106.317 2.793
201809 2.608 106.507 3.227
201812 2.563 105.998 3.186
201903 2.426 107.251 2.981
201906 1.726 108.070 2.105
201909 2.775 108.329 3.376
201912 1.801 108.420 2.189
202003 2.499 108.902 3.024
202006 2.122 108.767 2.571
202009 2.245 109.815 2.694
202012 1.751 109.897 2.100
202103 1.609 111.754 1.897
202106 2.339 114.631 2.689
202109 2.602 115.734 2.963
202112 1.141 117.630 1.278
202203 1.793 121.301 1.948
202206 0.971 125.017 1.023
202209 2.441 125.227 2.569
202212 2.259 125.222 2.377
202303 2.004 127.348 2.074
202306 2.296 128.729 2.350
202309 2.738 129.860 2.778
202312 2.402 129.419 2.446
202403 3.276 131.776 3.276

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.


F5  (STU:FFV) 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.


F5 Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of F5's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


F5 (STU:FFV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » F5 Inc (STU:FFV) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
801 5th Avenue, Seattle, WA, USA, 98104
F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, has about 6,500 employees, and generates about 55% its revenue within the Americas, 25% in EMEA, and 20% in APAC/Japan.

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