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PayPoint (LSE:PAY) Cyclically Adjusted Price-to-FCF : 7.78 (As of Jun. 07, 2024)


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What is PayPoint Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), PayPoint's current share price is £5.60. PayPoint's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was £0.72. PayPoint's Cyclically Adjusted Price-to-FCF for today is 7.78.

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

LSE:PAY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.47   Med: 17.65   Max: 34.68
Current: 7.8

During the past 13 years, PayPoint's highest Cyclically Adjusted Price-to-FCF was 34.68. The lowest was 5.47. And the median was 17.65.

LSE:PAY's Cyclically Adjusted Price-to-FCF is ranked better than
89.91% of 684 companies
in the Software industry
Industry Median: 28.415 vs LSE:PAY: 7.80

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.

PayPoint's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was £1.155. 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 £0.72 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


PayPoint Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PayPoint'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.

PayPoint Cyclically Adjusted Price-to-FCF Chart

PayPoint Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.56 9.22 9.81 9.60 6.34

PayPoint Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 9.60 - 6.34 -

Competitive Comparison of PayPoint's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, PayPoint'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.


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

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

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



PayPoint 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.60/0.72
=7.78

* 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.

PayPoint's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, PayPoint's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=1.155/126.8000*126.8000
=1.155

Current CPI (Mar23) = 126.8000.

PayPoint Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.499 99.300 0.637
201503 0.510 99.600 0.649
201603 0.744 100.400 0.940
201703 0.356 102.700 0.440
201803 0.725 105.100 0.875
201903 0.708 107.000 0.839
202003 0.626 108.600 0.731
202103 0.630 109.700 0.728
202203 0.169 116.500 0.184
202303 1.155 126.800 1.155

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.


PayPoint  (LSE:PAY) 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.


PayPoint Cyclically Adjusted Price-to-FCF Related Terms

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


PayPoint (LSE:PAY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » PayPoint PLC (LSE:PAY) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1 The Boulevard, Shire Park, Welwyn Garden City, Hertfordshire, GBR, AL7 1EL
PayPoint PLC is a United Kingdom-based company that provides consumer transaction services. The company's solutions help clients control household finances, essential payments, and in-store services. The company's operations involve processing high-volume transactions, managing retailers and clients, selling funds, and transmitting data. PayPoint's network covers convenience stores and numerous outlets, where clients can use the company's solutions to make energy meter prepayments, bill payments, benefit payments, mobile phone top-ups, cash withdrawals, and other services. The company generates the majority of its revenue from the UK.