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Tax-Net (WAR:TXN) Cyclically Adjusted Price-to-FCF : 10.00 (As of Jun. 01, 2025)


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What is Tax-Net Cyclically Adjusted Price-to-FCF?

As of today (2025-06-01), Tax-Net's current share price is zł2.30. Tax-Net's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was zł0.23. Tax-Net's Cyclically Adjusted Price-to-FCF for today is 10.00.

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

WAR:TXN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.95   Med: 12.33   Max: 19.08
Current: 10.2

During the past years, Tax-Net's highest Cyclically Adjusted Price-to-FCF was 19.08. The lowest was 8.95. And the median was 12.33.

WAR:TXN's Cyclically Adjusted Price-to-FCF is ranked better than
69.09% of 372 companies
in the Business Services industry
Industry Median: 16.19 vs WAR:TXN: 10.20

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.

Tax-Net's adjusted free cash flow per share data for the three months ended in Mar. 2025 was zł-0.088. 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 zł0.23 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tax-Net Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tax-Net'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.

Tax-Net Cyclically Adjusted Price-to-FCF Chart

Tax-Net Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12.39 11.73 16.37 11.41

Tax-Net Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.64 12.74 10.69 11.41 10.38

Competitive Comparison of Tax-Net's Cyclically Adjusted Price-to-FCF

For the Consulting Services subindustry, Tax-Net'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.


Tax-Net's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tax-Net's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Tax-Net 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.30/0.23
=10.00

* 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.

Tax-Net's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Tax-Net's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.088/157.0208*157.0208
=-0.088

Current CPI (Mar. 2025) = 157.0208.

Tax-Net Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.055 100.448 0.086
201509 0.104 99.634 0.164
201512 0.032 99.471 0.051
201603 0.012 98.983 0.019
201606 0.039 99.552 0.062
201609 0.014 99.064 0.022
201612 0.062 100.366 0.097
201703 -0.037 101.018 -0.058
201706 0.040 101.180 0.062
201709 0.004 101.343 0.006
201712 0.049 102.564 0.075
201803 -0.005 102.564 -0.008
201806 0.102 103.378 0.155
201809 0.032 103.378 0.049
201812 0.108 103.785 0.163
201903 0.001 104.274 0.002
201906 0.020 105.983 0.030
201909 0.080 105.983 0.119
201912 -0.010 107.123 -0.015
202003 0.073 109.076 0.105
202006 0.484 109.402 0.695
202009 -0.243 109.320 -0.349
202012 -0.093 109.565 -0.133
202103 -0.095 112.658 -0.132
202106 0.115 113.960 0.158
202109 0.043 115.588 0.058
202112 0.068 119.088 0.090
202203 0.055 125.031 0.069
202206 0.115 131.705 0.137
202209 0.117 135.531 0.136
202212 0.048 139.113 0.054
202303 0.171 145.950 0.184
202306 0.166 147.009 0.177
202309 0.048 146.113 0.052
202312 -0.185 147.741 -0.197
202403 0.013 149.044 0.014
202406 0.081 150.997 0.084
202409 0.036 153.439 0.037
202412 0.023 154.660 0.023
202503 -0.088 157.021 -0.088

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.


Tax-Net  (WAR:TXN) 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.


Tax-Net Cyclically Adjusted Price-to-FCF Related Terms

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


Tax-Net Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ulica Marcin 11, Katowice, POL, 40-854
Tax-Net SA offers accounting and tax consulting services. The company's services include simplified accounting, bookkeeping and business support services. It also provides human resources, payroll, social insurance, consulting services, reorganization, among others.