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Mogo (TSX:MOGO) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Mogo Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mogo Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mogo'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.

Mogo Cyclically Adjusted Price-to-FCF Chart

Mogo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Mogo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Mogo's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, Mogo'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.


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

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

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



Mogo 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.

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

For example, Mogo'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)
=-0.187/126.2576*126.2576
=-0.187

Current CPI (Mar. 2024) = 126.2576.

Mogo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.370 99.473 -1.739
201409 -1.526 99.394 -1.938
201412 -0.826 98.367 -1.060
201503 -1.801 99.789 -2.279
201506 -1.862 100.500 -2.339
201509 -3.841 100.421 -4.829
201512 -3.348 99.947 -4.229
201603 -1.118 101.054 -1.397
201606 -1.017 102.002 -1.259
201609 -0.719 101.765 -0.892
201612 -0.448 101.449 -0.558
201703 -0.410 102.634 -0.504
201706 -0.935 103.029 -1.146
201709 -1.542 103.345 -1.884
201712 -1.475 103.345 -1.802
201803 -1.149 105.004 -1.382
201806 -1.199 105.557 -1.434
201809 -1.303 105.636 -1.557
201812 -1.646 105.399 -1.972
201903 -0.854 106.979 -1.008
201906 -1.020 107.690 -1.196
201909 -0.794 107.611 -0.932
201912 -0.246 107.769 -0.288
202003 2.964 107.927 3.467
202006 0.784 108.401 0.913
202009 0.444 108.164 0.518
202012 -0.004 108.559 -0.005
202103 -0.331 110.298 -0.379
202106 -0.444 111.720 -0.502
202109 -0.515 112.905 -0.576
202112 -0.499 113.774 -0.554
202203 -0.547 117.646 -0.587
202206 -0.424 120.806 -0.443
202209 -0.296 120.648 -0.310
202212 -0.104 120.964 -0.109
202303 -0.074 122.702 -0.076
202306 -0.101 124.203 -0.103
202309 -0.194 125.230 -0.196
202312 -0.137 125.072 -0.138
202403 -0.187 126.258 -0.187

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.


Mogo  (TSX:MOGO) 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.


Mogo Cyclically Adjusted Price-to-FCF Related Terms

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


Mogo (TSX:MOGO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Mogo Inc (TSX:MOGO) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
2100 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1
Mogo Inc is a Canadian-based financial technology company. It offers a finance application to consumers with solutions that help them to control their financial health. At Mogo, users can sign up for a free account and get access to products and solutions that help users to monitor their credit score, protect themselves from identity fraud, control their spending, and borrow responsibly. Some of its products are personal loans, crypto, mortgage, credit score, and others. Mogo is one of the go-to financial applications for Canadians with more than one million members.
Executives
David Marshall Feller Director, Senior Officer

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