GURUFOCUS.COM » STOCK LIST » Technology » Software » Mdf Commerce Inc (TSX:MDF) » Definitions » Cyclically Adjusted FCF per Share

Mdf Commerce (TSX:MDF) Cyclically Adjusted FCF per Share : C$0.64 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Mdf Commerce 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.

Mdf Commerce's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$0.129. 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 C$0.64 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mdf Commerce's average Cyclically Adjusted FCF Growth Rate was -16.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -11.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.20% 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 Mdf Commerce was 80.80% per year. The lowest was -11.80% per year. And the median was 9.10% per year.

As of today (2024-04-29), Mdf Commerce's current stock price is C$5.745. Mdf Commerce's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.64. Mdf Commerce's Cyclically Adjusted Price-to-FCF of today is 8.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mdf Commerce was 31.83. The lowest was 1.75. And the median was 10.41.


Mdf Commerce Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mdf Commerce'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.

Mdf Commerce Cyclically Adjusted FCF per Share Chart

Mdf Commerce 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 1.13 1.05 0.98 0.90 0.72

Mdf Commerce 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 0.77 0.72 0.68 0.66 0.64

Competitive Comparison of Mdf Commerce's Cyclically Adjusted FCF per Share

For the Software - Infrastructure subindustry, Mdf Commerce'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.


Mdf Commerce's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Mdf Commerce 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, Mdf Commerce'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)
=0.129/125.4675*125.4675
=0.129

Current CPI (Dec. 2023) = 125.4675.

Mdf Commerce Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.469 98.604 0.597
201406 0.208 99.473 0.262
201409 0.315 99.394 0.398
201412 0.431 98.367 0.550
201503 0.423 99.789 0.532
201506 0.181 100.500 0.226
201509 0.308 100.421 0.385
201512 0.414 99.947 0.520
201603 0.293 101.054 0.364
201606 0.227 102.002 0.279
201609 0.345 101.765 0.425
201612 0.285 101.449 0.352
201703 0.459 102.634 0.561
201706 0.093 103.029 0.113
201709 0.069 103.345 0.084
201712 0.387 103.345 0.470
201803 0.409 105.004 0.489
201806 0.089 105.557 0.106
201809 0.098 105.636 0.116
201812 0.095 105.399 0.113
201903 0.250 106.979 0.293
201906 -0.003 107.690 -0.003
201909 -0.019 107.611 -0.022
201912 -0.148 107.769 -0.172
202003 0.177 107.927 0.206
202006 -0.008 108.401 -0.009
202009 -0.145 108.164 -0.168
202012 0.096 108.559 0.111
202103 -0.092 110.298 -0.105
202106 0.002 111.720 0.002
202109 -0.347 112.905 -0.386
202112 0.273 113.774 0.301
202203 -0.047 117.646 -0.050
202206 -0.041 120.806 -0.043
202209 -0.363 120.648 -0.378
202212 -0.079 120.964 -0.082
202303 -0.206 122.702 -0.211
202306 0.039 124.203 0.039
202309 -0.041 125.230 -0.041
202312 0.129 125.468 0.129

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


Mdf Commerce  (TSX:MDF) 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.

Mdf Commerce's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.745/0.64
=8.98

* 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 Mdf Commerce was 31.83. The lowest was 1.75. And the median was 10.41.


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.


Mdf Commerce Cyclically Adjusted FCF per Share Related Terms

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


Mdf Commerce (TSX:MDF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Mdf Commerce Inc (TSX:MDF) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
1111 St-Charles Street West, East Tower, Suite 255, Longueuil, QC, CAN, J4K 5G4
Mdf Commerce Inc enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Its platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. The company's procurement, e-commerce and e-marketplace platforms are supported by a strong and dedicated team based in Canada, the United States, Denmark, Ukraine, and China.

Mdf Commerce (TSX:MDF) Headlines

No Headlines