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Perion Network (STU:IW2) Cyclically Adjusted Price-to-FCF : 6.56 (As of May. 21, 2024)


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What is Perion Network Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Perion Network's current share price is €10.96. Perion Network's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.67. Perion Network's Cyclically Adjusted Price-to-FCF for today is 6.56.

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

STU:IW2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.85   Med: 3.18   Max: 22.53
Current: 6.57

During the past years, Perion Network's highest Cyclically Adjusted Price-to-FCF was 22.53. The lowest was 0.85. And the median was 3.18.

STU:IW2's Cyclically Adjusted Price-to-FCF is ranked better than
89.05% of 137 companies
in the Interactive Media industry
Industry Median: 22.85 vs STU:IW2: 6.57

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.

Perion Network's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.120. 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 €1.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perion Network Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Perion Network'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.

Perion Network Cyclically Adjusted Price-to-FCF Chart

Perion Network 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 2.54 5.54 9.51 12.49 16.35

Perion Network 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 21.28 18.33 18.67 16.35 12.35

Competitive Comparison of Perion Network's Cyclically Adjusted Price-to-FCF

For the Internet Content & Information subindustry, Perion Network'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.


Perion Network's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Perion Network's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Perion Network 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.96/1.67
=6.56

* 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.

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

For example, Perion Network'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)
=0.12/131.7762*131.7762
=0.120

Current CPI (Mar. 2024) = 131.7762.

Perion Network Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.036 100.560 0.047
201409 0.939 100.428 1.232
201412 0.664 99.070 0.883
201503 0.330 99.621 0.437
201506 0.318 100.684 0.416
201509 0.137 100.392 0.180
201512 -0.358 99.792 -0.473
201603 0.057 100.470 0.075
201606 0.092 101.688 0.119
201609 0.319 101.861 0.413
201612 0.393 101.863 0.508
201703 0.233 102.862 0.298
201706 0.045 103.349 0.057
201709 0.476 104.136 0.602
201712 0.187 104.011 0.237
201803 0.434 105.290 0.543
201806 0.079 106.317 0.098
201809 0.304 106.507 0.376
201812 0.114 105.998 0.142
201903 0.470 107.251 0.577
201906 0.283 108.070 0.345
201909 0.368 108.329 0.448
201912 0.349 108.420 0.424
202003 0.078 108.902 0.094
202006 0.004 108.767 0.005
202009 0.189 109.815 0.227
202012 0.349 109.897 0.418
202103 0.313 111.754 0.369
202106 0.323 114.631 0.371
202109 0.315 115.734 0.359
202112 0.624 117.630 0.699
202203 0.450 121.301 0.489
202206 0.511 125.017 0.539
202209 0.722 125.227 0.760
202212 0.721 125.222 0.759
202303 0.333 127.348 0.345
202306 0.877 128.729 0.898
202309 0.745 129.860 0.756
202312 0.901 129.419 0.917
202403 0.120 131.776 0.120

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.


Perion Network  (STU:IW2) 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.


Perion Network Cyclically Adjusted Price-to-FCF Related Terms

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


Perion Network (STU:IW2) Business Description

Traded in Other Exchanges
Address
26 HaRokmim Street, Holon, ISR, 5885849
Perion Network Ltd is a technology company. It offers online advertising and searching solutions to brands, agencies, and publishers through desktop, mobile and social channels. Its products and services include Undertone, Codefuel, Make me reach, and Smilebox. The company earns prime revenue from search fees and online advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the group has a business presence in North America, Europe, and Other countries of which a majority of the revenue is derived from North America.

Perion Network (STU:IW2) Headlines

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