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Dassault Systemes SE (Dassault Systemes SE) Cyclically Adjusted FCF per Share : $0.91 (As of Mar. 2024)


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What is Dassault Systemes SE Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Dassault Systemes SE's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.501. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dassault Systemes SE's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Dassault Systemes SE was 15.20% per year. The lowest was 2.90% per year. And the median was 7.70% per year.

As of today (2024-04-27), Dassault Systemes SE's current stock price is $40.29. Dassault Systemes SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.91. Dassault Systemes SE's Cyclically Adjusted Price-to-FCF of today is 44.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dassault Systemes SE was 93.70. The lowest was 26.78. And the median was 49.37.


Dassault Systemes SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dassault Systemes SE's Cyclically Adjusted FCF per Share 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.

Dassault Systemes SE Cyclically Adjusted FCF per Share Chart

Dassault Systemes SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.65 0.72 0.77 0.90

Dassault Systemes SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.85 0.86 0.84 0.90 0.91

Competitive Comparison of Dassault Systemes SE's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Dassault Systemes SE'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.


Dassault Systemes SE's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Dassault Systemes SE Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Dassault Systemes SE'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)
=0.501/118.2300*118.2300
=0.501

Current CPI (Mar. 2024) = 118.2300.

Dassault Systemes SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.174 100.180 0.205
201409 0.078 99.920 0.092
201412 0.035 99.860 0.041
201503 0.217 100.170 0.256
201506 0.125 100.440 0.147
201509 0.088 99.950 0.104
201512 0.076 100.040 0.090
201603 0.260 100.020 0.307
201606 0.114 100.630 0.134
201609 0.055 100.340 0.065
201612 0.059 100.650 0.069
201703 0.274 101.170 0.320
201706 0.189 101.320 0.221
201709 0.057 101.330 0.067
201712 0.048 101.850 0.056
201803 0.376 102.750 0.433
201806 0.196 103.370 0.224
201809 0.075 103.560 0.086
201812 0.111 103.470 0.127
201903 0.402 103.890 0.457
201906 0.331 104.580 0.374
201909 0.069 104.500 0.078
201912 0.132 104.980 0.149
202003 0.334 104.590 0.378
202006 0.317 104.790 0.358
202009 0.117 104.550 0.132
202012 0.196 104.960 0.221
202103 0.553 105.750 0.618
202106 0.326 106.340 0.362
202109 0.177 106.810 0.196
202112 0.278 107.850 0.305
202203 0.504 110.490 0.539
202206 0.304 112.550 0.319
202209 0.142 112.740 0.149
202212 0.170 114.160 0.176
202303 0.604 116.790 0.611
202306 0.170 117.650 0.171
202309 0.170 118.260 0.170
202312 0.200 118.230 0.200
202403 0.501 118.230 0.501

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Dassault Systemes SE  (OTCPK:DASTY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Dassault Systemes SE's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=40.29/0.91
=44.27

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dassault Systemes SE was 93.70. The lowest was 26.78. And the median was 49.37.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Dassault Systemes SE Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Dassault Systemes SE's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dassault Systemes SE (Dassault Systemes SE) Business Description

Industry
Address
10, Rue Marcel Dassault, Velizy-Villacoublay, FRA, 78140
Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Tesla throughout the production process. The company's top line largely depends on the transportation and mobility, industrial equipment, and aerospace and defense industries.

Dassault Systemes SE (Dassault Systemes SE) Headlines