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TruTrace Technologies (XCNQ:TTT) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is TruTrace Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TruTrace Technologies Cyclically Adjusted Price-to-FCF Historical Data

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

TruTrace Technologies Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Apr19 Apr20 Apr21 Apr22
Cyclically Adjusted Price-to-FCF
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TruTrace Technologies Quarterly Data
Mar18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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Competitive Comparison of TruTrace Technologies's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, TruTrace Technologies'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.


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

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

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



TruTrace Technologies 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.

TruTrace Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2023 (Change)*Current CPI (Jan. 2023)
=0/121.5960*121.5960
=0.000

Current CPI (Jan. 2023) = 121.5960.

TruTrace Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.036 97.103 -0.045
201306 -0.027 97.182 -0.034
201309 -0.145 97.419 -0.181
201312 -0.122 96.945 -0.153
201403 0.070 98.604 0.086
201406 -0.038 99.473 -0.046
201409 -0.102 99.394 -0.125
201412 -0.007 98.367 -0.009
201503 -0.013 99.789 -0.016
201506 -0.058 100.500 -0.070
201509 -0.007 100.421 -0.008
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 -0.014 101.765 -0.017
201612 -0.036 101.449 -0.043
201703 0.028 102.634 0.033
201706 -0.013 103.029 -0.015
201709 -0.064 103.345 -0.075
201712 -0.073 103.345 -0.086
201803 -0.014 105.004 -0.016
201807 -0.064 106.110 -0.073
201810 -0.020 105.952 -0.023
201901 -0.018 105.557 -0.021
201904 -0.017 107.453 -0.019
201907 -0.016 108.243 -0.018
201910 -0.009 107.927 -0.010
202001 -0.002 108.085 -0.002
202004 0.000 107.216 0.000
202007 -0.001 108.401 -0.001
202010 -0.002 108.638 -0.002
202101 -0.001 109.192 -0.001
202104 -0.003 110.851 -0.003
202107 -0.002 112.431 -0.002
202110 -0.002 113.695 -0.002
202201 -0.001 114.801 -0.001
202204 -0.001 118.357 -0.001
202207 -0.001 120.964 -0.001
202210 -0.001 121.517 -0.001
202301 0.000 121.596 0.000

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.


TruTrace Technologies  (XCNQ:TTT) 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.


TruTrace Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


TruTrace Technologies Business Description

Industry
Traded in Other Exchanges
N/A
Address
61 Regal Road, Toronto, ON, CAN, M6H 2J6
TruTrace Technologies Inc is the developer of fully integrated software, secured on a blockchain infrastructure, that gives clients' the ability to store, manage, share and immediately access quality assurance and testing details, COAs, as well as motion and movement intelligence on inventory. The platform was specifically designed to power the traceability of testing standards within the legal cannabis, nutraceutical, food and pharmaceutical space with a focus on the authentication of source materials or ingredients used in formulation.
Executives
Michael Kraft Director

TruTrace Technologies Headlines

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