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Gen Digital (Gen Digital) Cyclically Adjusted FCF per Share : $1.08 (As of Dec. 2023)


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What is Gen Digital 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.

Gen Digital's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.476. 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 $1.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Gen Digital's average Cyclically Adjusted FCF Growth Rate was -2.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -5.70% 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 Gen Digital was 44.20% per year. The lowest was -9.90% per year. And the median was 12.80% per year.

As of today (2024-04-27), Gen Digital's current stock price is $20.63. Gen Digital's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.08. Gen Digital's Cyclically Adjusted Price-to-FCF of today is 19.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Gen Digital was 25.97. The lowest was 9.60. And the median was 15.76.


Gen Digital Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gen Digital'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.

Gen Digital Cyclically Adjusted FCF per Share Chart

Gen Digital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 1.23 1.14 1.14 1.08

Gen Digital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.11 1.08 1.08 1.08 1.08

Competitive Comparison of Gen Digital's Cyclically Adjusted FCF per Share

For the Software - Infrastructure subindustry, Gen Digital'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.


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

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

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



Gen Digital 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, Gen Digital'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)
=0.476/129.4194*129.4194
=0.476

Current CPI (Dec. 2023) = 129.4194.

Gen Digital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.628 99.695 0.815
201406 0.288 100.560 0.371
201409 0.095 100.428 0.122
201412 0.447 99.070 0.584
201503 0.626 99.621 0.813
201506 0.346 100.684 0.445
201509 0.122 100.392 0.157
201512 -0.003 99.792 -0.004
201603 0.322 100.470 0.415
201606 -1.277 101.688 -1.625
201609 0.066 101.861 0.084
201612 0.210 101.863 0.267
201703 0.553 102.862 0.696
201706 0.273 103.349 0.342
201709 0.247 104.136 0.307
201712 0.391 104.011 0.487
201803 0.338 105.290 0.415
201806 0.460 106.317 0.560
201809 0.300 106.507 0.365
201812 0.501 105.998 0.612
201903 0.776 107.251 0.936
201906 0.430 108.070 0.515
201909 0.239 108.329 0.286
201912 0.601 108.420 0.717
202003 -2.764 108.902 -3.285
202006 0.275 108.767 0.327
202009 -0.192 109.815 -0.226
202012 0.487 109.897 0.574
202103 0.604 111.754 0.699
202106 0.435 114.631 0.491
202109 0.100 115.734 0.112
202112 0.555 117.630 0.611
202203 0.548 121.301 0.585
202206 0.353 125.017 0.365
202209 -0.151 125.227 -0.156
202212 0.469 125.222 0.485
202303 0.501 127.348 0.509
202306 0.345 128.729 0.347
202309 0.186 129.860 0.185
202312 0.476 129.419 0.476

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


Gen Digital  (NAS:GEN) 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.

Gen Digital's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.63/1.08
=19.10

* 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 Gen Digital was 25.97. The lowest was 9.60. And the median was 15.76.


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.


Gen Digital Cyclically Adjusted FCF per Share Related Terms

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


Gen Digital (Gen Digital) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Gen Digital Inc (NAS:GEN) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
60 E. Rio Salado Parkway, Suite 1000, Tempe, AZ, USA, 85281
Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.
Executives
Ondrej Vlcek officer: President 110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Natalie Marie Derse officer: CFO 60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Pavel Baudis director 110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Peter A Feld director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Emily Heath director 60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Sherrese M Smith director C/O CABLE ONE, INC., 210 E EARLL DRIVE, PHOENIX AZ 85012
Matthew Charles Brown officer: VP, Finance & CAO 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Samir Kapuria officer: EVP, Cyber Security Services 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Eric Brandt director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Bryan Seuk Ko officer: EVP, General Counsel and Secre 80 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Nora Denzel director C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Slp Iv Seal Ii Gp, L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Iv Seal Ii Holdings, L.p. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Vincent Pilette officer: EVP, Finance 303 VELOCITY WAY, FOSTER CITY CA 94404
Gregory S. Clark director, officer: CEO EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626