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PAR Technology (PAR Technology) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is PAR Technology Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PAR Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PAR Technology'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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PAR Technology Cyclically Adjusted Price-to-FCF Chart

PAR Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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PAR Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of PAR Technology's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, PAR Technology'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.


PAR Technology's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



PAR Technology 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.

PAR Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PAR Technology'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)
=-0.038/129.4194*129.4194
=-0.038

Current CPI (Dec. 2023) = 129.4194.

PAR Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.021 99.695 0.027
201406 0.176 100.560 0.227
201409 -0.155 100.428 -0.200
201412 0.155 99.070 0.202
201503 0.007 99.621 0.009
201506 -0.159 100.684 -0.204
201509 0.071 100.392 0.092
201512 -0.126 99.792 -0.163
201603 -0.133 100.470 -0.171
201606 0.040 101.688 0.051
201609 -0.321 101.861 -0.408
201612 0.724 101.863 0.920
201703 -0.287 102.862 -0.361
201706 -0.416 103.349 -0.521
201709 -0.202 104.136 -0.251
201712 0.376 104.011 0.468
201803 -0.259 105.290 -0.318
201806 0.059 106.317 0.072
201809 -0.298 106.507 -0.362
201812 -0.227 105.998 -0.277
201903 -0.320 107.251 -0.386
201906 -0.290 108.070 -0.347
201909 -0.270 108.329 -0.323
201912 -0.505 108.420 -0.603
202003 -0.957 108.902 -1.137
202006 -0.070 108.767 -0.083
202009 -0.165 109.815 -0.194
202012 -0.371 109.897 -0.437
202103 -0.233 111.754 -0.270
202106 -1.271 114.631 -1.435
202109 -0.482 115.734 -0.539
202112 -0.425 117.630 -0.468
202203 -0.855 121.301 -0.912
202206 -0.456 125.017 -0.472
202209 -0.139 125.227 -0.144
202212 -0.427 125.222 -0.441
202303 -0.660 127.348 -0.671
202306 0.001 128.729 0.001
202309 -0.322 129.860 -0.321
202312 -0.038 129.419 -0.038

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.


PAR Technology  (NYSE:PAR) 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.


PAR Technology Cyclically Adjusted Price-to-FCF Related Terms

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


PAR Technology (PAR Technology) Business Description

Industry
Traded in Other Exchanges
Address
PAR Technology Park, 8383 Seneca Turnpike, New Hartford, NY, USA, 13413-4991
PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation and communication services. It has two segments. Restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software and integrated technical solutions to the restaurant and retail industries. Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.
Executives
Douglas Gregory Rauch director 54 WILDE ROAD, WABAN MA 02468
Michael Anthony Steenberge officer: Chief Accounting Officer PAR TECHNOLOGY CORPORATION, 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Cathy A King officer: VP, GEN COUNSEL & CORP SEC 5424 LAKE HOUSE ROAD, BRANTINGHAM NY 13312
Michael David Nelson officer: President of Subsidiary 747 GRAND WOOD CT., SPRINGBORO OH 45066
Raju Malhotra officer: CHF PRODUCT & TECH OFFICER 745 BROMFIELD RD, HILLSBOROUGH CA 94010
Narinder Singh director 4096 PIEDMONT AVENUE, #231, OAKLAND CA 94618
Keith Pascal director 1520 FOREST AVE., HIGHLAND PARK IL 60035
Sammon John W Jr director 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Bryan A Menar officer: VP & Chief Financial Officer 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Matthew R Cicchinelli officer: President, PGSC & RRC 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Donald H Foley director, officer: President & CEO 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Adam D Wyden 10 percent owner 1133 BROADWAY, SUITE 719, NEW YORK NY 10010
Adw Capital Management, Llc 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
Adw Capital Partners, L.p. 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
James C Stoffel director 101 KNOLLWOOD DRIVE, ROCHESTER NY 14618

PAR Technology (PAR Technology) Headlines

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