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Intuit (BSP:INTU34) Cyclically Adjusted FCF per Share : R$1.10 (As of Jan. 2024)


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What is Intuit 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.

Intuit's adjusted free cash flow per share for the three months ended in Jan. 2024 was R$0.216. 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 R$1.10 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Intuit's average Cyclically Adjusted FCF Growth Rate was 16.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.00% 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 Intuit was 102.70% per year. The lowest was 10.30% per year. And the median was 16.80% per year.

As of today (2024-05-09), Intuit's current stock price is R$73.03. Intuit's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was R$1.10. Intuit's Cyclically Adjusted Price-to-FCF of today is 66.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Intuit was 100.63. The lowest was 24.89. And the median was 47.74.


Intuit Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Intuit'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.

Intuit Cyclically Adjusted FCF per Share Chart

Intuit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.65 0.79 0.96 1.03

Intuit Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.98 1.03 1.03 1.11 1.10

Competitive Comparison of Intuit's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Intuit'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.


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

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

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



Intuit 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, Intuit's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.216/129.4194*129.4194
=0.216

Current CPI (Jan. 2024) = 129.4194.

Intuit Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.238 100.023 0.308
201407 -0.026 100.520 -0.033
201410 -0.034 100.176 -0.044
201501 0.064 98.604 0.084
201504 0.345 99.824 0.447
201507 -0.055 100.691 -0.071
201510 -0.084 100.346 -0.108
201601 -0.002 99.957 -0.003
201604 0.485 100.947 0.622
201607 -0.102 101.524 -0.130
201610 -0.082 101.988 -0.104
201701 0.069 102.456 0.087
201704 0.482 103.167 0.605
201707 -0.095 103.278 -0.119
201710 -0.036 104.070 -0.045
201801 0.063 104.578 0.078
201804 0.578 105.708 0.708
201807 -0.021 106.324 -0.026
201810 -0.058 106.695 -0.070
201901 0.095 106.200 0.116
201904 0.738 107.818 0.886
201907 -0.048 108.250 -0.057
201910 -0.058 108.577 -0.069
202001 0.103 108.841 0.122
202004 0.869 108.173 1.040
202007 0.117 109.318 0.139
202010 0.003 109.861 0.004
202101 0.110 110.364 0.129
202104 1.079 112.673 1.239
202107 0.218 115.183 0.245
202110 0.047 116.696 0.052
202201 0.009 118.619 0.010
202204 1.231 121.978 1.306
202207 0.119 125.002 0.123
202210 0.105 125.734 0.108
202301 0.096 126.223 0.098
202304 1.413 127.992 1.429
202307 0.309 128.974 0.310
202310 -0.073 129.810 -0.073
202401 0.216 129.419 0.216

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


Intuit  (BSP:INTU34) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=73.03/1.1
=66.39

* 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 Intuit was 100.63. The lowest was 24.89. And the median was 47.74.


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.


Intuit Cyclically Adjusted FCF per Share Related Terms

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


Intuit (BSP:INTU34) Business Description

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2700 Coast Avenue, Mountain View, CA, USA, 94043
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.

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