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Spok Holdings (Spok Holdings) Cyclically Adjusted Price-to-FCF : 18.01 (As of May. 16, 2024)


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What is Spok Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Spok Holdings's current share price is $15.31. Spok Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.85. Spok Holdings's Cyclically Adjusted Price-to-FCF for today is 18.01.

The historical rank and industry rank for Spok Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SPOK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.17   Med: 6.17   Max: 20.38
Current: 18.09

During the past years, Spok Holdings's highest Cyclically Adjusted Price-to-FCF was 20.38. The lowest was 3.17. And the median was 6.17.

SPOK's Cyclically Adjusted Price-to-FCF is ranked better than
60.23% of 171 companies
in the Healthcare Providers & Services industry
Industry Median: 23.59 vs SPOK: 18.09

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.

Spok Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.055. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spok Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Spok Holdings'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.

* Premium members only.

Spok Holdings Cyclically Adjusted Price-to-FCF Chart

Spok Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.57 7.07 7.53 8.47 17.75

Spok Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 11.08 14.24 16.36 17.75 18.83

Competitive Comparison of Spok Holdings's Cyclically Adjusted Price-to-FCF

For the Health Information Services subindustry, Spok Holdings'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.


Spok Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Spok Holdings 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.

Spok Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.31/0.85
=18.01

* 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.

Spok Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Spok Holdings'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)
=0.055/131.7762*131.7762
=0.055

Current CPI (Mar. 2024) = 131.7762.

Spok Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.369 100.560 0.484
201409 0.570 100.428 0.748
201412 0.371 99.070 0.493
201503 0.244 99.621 0.323
201506 0.786 100.684 1.029
201509 0.310 100.392 0.407
201512 0.343 99.792 0.453
201603 0.390 100.470 0.512
201606 0.429 101.688 0.556
201609 0.397 101.861 0.514
201612 0.304 101.863 0.393
201703 0.040 102.862 0.051
201706 0.028 103.349 0.036
201709 0.283 104.136 0.358
201712 -0.037 104.011 -0.047
201803 -0.011 105.290 -0.014
201806 0.139 106.317 0.172
201809 0.217 106.507 0.268
201812 -0.121 105.998 -0.150
201903 -0.003 107.251 -0.004
201906 -0.101 108.070 -0.123
201909 0.451 108.329 0.549
201912 0.014 108.420 0.017
202003 -0.076 108.902 -0.092
202006 0.037 108.767 0.045
202009 0.555 109.815 0.666
202012 0.080 109.897 0.096
202103 -0.152 111.754 -0.179
202106 -0.053 114.631 -0.061
202109 0.110 115.734 0.125
202112 -0.280 117.630 -0.314
202203 -0.284 121.301 -0.309
202206 -0.077 125.017 -0.081
202209 0.260 125.227 0.274
202212 0.219 125.222 0.230
202303 0.097 127.348 0.100
202306 0.366 128.729 0.375
202309 0.128 129.860 0.130
202312 0.528 129.419 0.538
202403 0.055 131.776 0.055

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.


Spok Holdings  (NAS:SPOK) 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.


Spok Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Spok Holdings (Spok Holdings) Business Description

Traded in Other Exchanges
Address
5911 Kingstown Village Parkway, 6th Floor, Alexandria, VA, USA, 22315
Spok Holdings Inc is a provider of healthcare communications. It reports three market segments namely Healthcare, Government, and Large enterprise. The company provides paging services and software solutions in the United States and abroad.
Executives
Vincent D Kelly director, officer: President & CEO C/O RENTON MEDIA INC, 1300 EAST NINTH ST, CLEVELAND OH 44114
Sharon Woods-keisling officer: Corporate Secretary, Treasurer 6677 RICHMOND HIGHWAY, ALEXANDRIA VA 22306
Michael W Wallace officer: Chief Financial Officer SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Calvin Rice officer: Controller C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151
Todd J Stein director C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151
Barbara Peterson Byrne director C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22315
Randy Hyun director C/O SPOK HOLDINGS, INC., 5911 KINGSTOWNE VILLAGE PARKWAY 6TH FLR, ALEXANDRIA VA 22315
Matthew Oristano director C/O ARCH WIRELESS INC, 1800 WEST PARK DR. #250, WESTBOROUGH MA 01581
Brian Oreilly director C/O METROCALL, 6677 RICHMOND HWY, ALEXANDRIA VA 22306
Christine Cournoyer director 150 SHAW ROAD, CHESTNUT MA 02467
Brett A Shockley director 7125 NORTHLAND TERRACE, MINNEAPOLIS MN 55428
Royce Yudkoff director C/O METROCALL, 6677 RICHMOND HWY, ALEXANDRIA VA 22306
Stacia Hylton director 6850 VERSAR CENTER STE 420, SPRINGFIELD VA 22151
Tom Saine officer: Chief Technology Officer 6677 RICHMOND HIGHWAY, ALEXANDIRA VA 22306
Ted Peterman officer: Controller C/O SPōK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151

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