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TrackX Holdings (TSXV:TKX.H) Cyclically Adjusted Price-to-FCF : (As of Jun. 22, 2024)


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What is TrackX Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TrackX Holdings Cyclically Adjusted Price-to-FCF Historical Data

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

TrackX Holdings Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Cyclically Adjusted Price-to-FCF
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TrackX Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of TrackX Holdings's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, TrackX Holdings'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.


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

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

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



TrackX Holdings 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.

TrackX Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, TrackX Holdings's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0.002/120.8059*120.8059
=0.002

Current CPI (Jun. 2022) = 120.8059.

TrackX Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201209 -0.087 96.392 -0.109
201212 -4.720 95.760 -5.955
201303 -1.083 97.103 -1.347
201306 -0.192 97.182 -0.239
201309 -0.203 97.419 -0.252
201312 -0.791 96.945 -0.986
201403 -1.639 98.604 -2.008
201406 0.000 99.473 0.000
201409 0.309 99.394 0.376
201412 -0.004 98.367 -0.005
201503 -0.018 99.789 -0.022
201506 0.062 100.500 0.075
201509 -0.005 100.421 -0.006
201512 -0.120 99.947 -0.145
201603 -0.096 101.054 -0.115
201606 -0.043 102.002 -0.051
201609 -0.020 101.765 -0.024
201612 0.001 101.449 0.001
201703 -0.024 102.634 -0.028
201706 -0.016 103.029 -0.019
201709 -0.013 103.345 -0.015
201712 -0.007 103.345 -0.008
201803 -0.001 105.004 -0.001
201806 -0.006 105.557 -0.007
201809 -0.007 105.636 -0.008
201812 -0.019 105.399 -0.022
201903 -0.004 106.979 -0.005
201906 -0.006 107.690 -0.007
201909 -0.004 107.611 -0.004
201912 -0.001 107.769 -0.001
202003 -0.001 107.927 -0.001
202006 -0.003 108.401 -0.003
202009 0.007 108.164 0.008
202012 0.004 108.559 0.004
202103 0.009 110.298 0.010
202106 -0.018 111.720 -0.019
202109 -0.003 112.905 -0.003
202112 -0.001 113.774 -0.001
202203 -0.001 117.646 -0.001
202206 0.002 120.806 0.002

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.


TrackX Holdings  (TSXV:TKX.H) 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.


TrackX Holdings Cyclically Adjusted Price-to-FCF Related Terms

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TrackX Holdings (TSXV:TKX.H) Business Description

Industry
Traded in Other Exchanges
N/A
Address
800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
TrackX Holdings Inc provides cloud-based, asset tracking solutions for supply chain and logistics-intensive businesses. Its platform combines support for multiple auto-identification (ID) technologies, workflow, event management, alert notifications, and analytics. The company solutions include high-value asset tracking, yard management, returnable asset management, manufacturing process tracking, and supply chain management, and mobile inventory management solutions. It delivers services to various industries, including transportation, government, healthcare, hi-tech, hospitality, mining, beverage, agriculture, and horticulture. Its operations are primarily conducted in the United States.

TrackX Holdings (TSXV:TKX.H) Headlines

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