As of today (2024-04-29), Parsons's share price is $79.975.
Parsons's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.18. Hence, Parsons's Price-to-Free-Cash-Flow Ratio for today is 25.13.
The historical rank and industry rank for Parsons's Price-to-Free-Cash-Flow or its related term are showing as below:
PSN'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 9.26 Med: 21.32 Max: 45.07
Current: 25.14
During the past 8 years, Parsons's highest Price-to-Free-Cash-Flow Ratio was 45.07. The lowest was 9.26. And the median was 21.32.
PSN's Price-to-Free-Cash-Flow is ranked worse than 51.9% of 1474
companies
in the Software industry
Industry Median: 23.485
vs PSN: 25.14
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Parsons was 75.10% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 8.20% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was -0.30% per year.
During the past 8 years, Parsons's highest 3-Year average Free Cash Flow per Share Growth Rate was 8.20% per year. The lowest was -19.80% per year. And the median was -5.20% per year.
Parsons Price-to-Free-Cash-Flow Historical Data
The historical data trend for Parsons's Price-to-Free-Cash-Flow 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.
Competitive Comparison of Parsons's Price-to-Free-Cash-Flow
For the Information Technology Services subindustry, Parsons's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.
Parsons's Price-to-Free-Cash-Flow Distribution in the Software Industry
For the Software industry and Technology sector, Parsons's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Parsons's Price-to-Free-Cash-Flow falls into.
Parsons Price-to-Free-Cash-Flow Calculation
Parsons's Price-to-Free-Cash-Flow ratio for today is calculated as
Parsons's Share Price of today is $79.975. Parsons's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.18.
* 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.
It can also be calculated from the numbers for the whole company:
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Parsons Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Parsons's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.
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