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Deveron (TSXV:FARM) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Deveron Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Deveron Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Deveron'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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Deveron Cyclically Adjusted Price-to-FCF Chart

Deveron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23
Cyclically Adjusted Price-to-FCF
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Deveron Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Deveron's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Deveron'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.


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

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

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



Deveron 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.

Deveron's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Deveron's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.018/125.0724*125.0724
=0.018

Current CPI (Dec. 2023) = 125.0724.

Deveron Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.002 98.604 -0.003
201406 -0.002 99.473 -0.003
201409 -0.002 99.394 -0.003
201412 -0.004 98.367 -0.005
201503 -0.007 99.789 -0.009
201506 -0.001 100.500 -0.001
201509 -0.002 100.421 -0.002
201512 -0.002 99.947 -0.003
201603 -0.003 101.054 -0.004
201606 -0.019 102.002 -0.023
201609 -0.008 101.765 -0.010
201612 -0.009 101.449 -0.011
201703 -0.001 102.634 -0.001
201706 -0.044 103.029 -0.053
201709 -0.016 103.345 -0.019
201712 -0.009 103.345 -0.011
201803 -0.007 105.004 -0.008
201806 -0.013 105.557 -0.015
201809 -0.007 105.636 -0.008
201812 -0.006 105.399 -0.007
201903 -0.012 106.979 -0.014
201906 -0.011 107.690 -0.013
201909 -0.011 107.611 -0.013
201912 -0.011 107.769 -0.013
202003 -0.007 107.927 -0.008
202006 -0.010 108.401 -0.012
202009 -0.012 108.164 -0.014
202012 -0.009 108.559 -0.010
202103 -0.011 110.298 -0.012
202106 -0.022 111.720 -0.025
202109 -0.009 112.905 -0.010
202112 -0.016 113.774 -0.018
202203 -0.020 117.646 -0.021
202206 -0.052 120.806 -0.054
202209 -0.047 120.648 -0.049
202212 -0.015 120.964 -0.016
202303 -0.006 122.702 -0.006
202306 -0.020 124.203 -0.020
202309 -0.005 125.230 -0.005
202312 0.018 125.072 0.018

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.


Deveron  (TSXV:FARM) 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.


Deveron Cyclically Adjusted Price-to-FCF Related Terms

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


Deveron (TSXV:FARM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Deveron Corp (TSXV:FARM) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Deveron Corp is an agriculture technology company that uses data and insights to help farmers and agriculture enterprises increase yields, reduce costs, and improve farm outcomes. The company employs a digital process that leverages data collected on farms across North America to drive the unbiased interpretation of production decisions, ultimately recommending optimizing input use. Additionally, the Company provides scalable data acquisition solutions in the imagery and soil space with the help of soil sampling technicians and drone pilots.
Executives
Christopher Irwin Director