GURUFOCUS.COM » STOCK LIST » Technology » Software » Gen Digital Inc (BSP:S1YM34) » Definitions » Cyclically Adjusted FCF per Share

Gen Digital (BSP:S1YM34) Cyclically Adjusted FCF per Share : R$6.04 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Gen Digital 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.

Gen Digital's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$10.906. 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$6.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gen Digital's average Cyclically Adjusted FCF Growth Rate was 13.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -5.40% 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 Gen Digital was 44.20% per year. The lowest was -9.90% per year. And the median was 11.80% per year.

As of today (2024-05-15), Gen Digital's current stock price is R$125.64. Gen Digital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$6.04. Gen Digital's Cyclically Adjusted Price-to-FCF of today is 20.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Gen Digital was 25.97. The lowest was 9.60. And the median was 15.82.


Gen Digital Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gen Digital'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.

Gen Digital Cyclically Adjusted FCF per Share Chart

Gen Digital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 6.31 5.73 5.44 6.04

Gen Digital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.44 5.24 5.66 5.44 6.04

Competitive Comparison of Gen Digital's Cyclically Adjusted FCF per Share

For the Software - Infrastructure subindustry, Gen Digital'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.


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

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

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



Gen Digital 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, Gen Digital'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)
=10.906/129.4194*129.4194
=10.906

Current CPI (Mar. 2024) = 129.4194.

Gen Digital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.645 100.560 0.830
201409 0.222 100.428 0.286
201412 1.181 99.070 1.543
201503 1.967 99.621 2.555
201506 1.076 100.684 1.383
201509 0.477 100.392 0.615
201512 -0.012 99.792 -0.016
201603 1.191 100.470 1.534
201606 -4.373 101.688 -5.566
201609 0.215 101.861 0.273
201612 0.703 101.863 0.893
201703 1.731 102.862 2.178
201706 0.898 103.349 1.125
201709 0.774 104.136 0.962
201712 1.289 104.011 1.604
201803 1.109 105.290 1.363
201806 1.734 106.317 2.111
201809 1.233 106.507 1.498
201812 1.945 105.998 2.375
201903 2.982 107.251 3.598
201906 1.658 108.070 1.986
201909 0.985 108.329 1.177
201912 2.468 108.420 2.946
202003 -13.506 108.902 -16.051
202006 1.428 108.767 1.699
202009 -1.035 109.815 -1.220
202012 2.508 109.897 2.954
202103 3.402 111.754 3.940
202106 2.187 114.631 2.469
202109 0.527 115.734 0.589
202112 3.138 117.630 3.453
202203 2.728 121.301 2.911
202206 1.780 125.017 1.843
202209 -0.793 125.227 -0.820
202212 2.458 125.222 2.540
202303 2.608 127.348 2.650
202306 1.676 128.729 1.685
202309 0.920 129.860 0.917
202312 2.332 129.419 2.332
202403 10.906 129.419 10.906

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


Gen Digital  (BSP:S1YM34) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=125.64/6.04
=20.80

* 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 Gen Digital was 25.97. The lowest was 9.60. And the median was 15.82.


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.


Gen Digital Cyclically Adjusted FCF per Share Related Terms

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


Gen Digital (BSP:S1YM34) Business Description

Industry
Address
60 E. Rio Salado Parkway, Suite 1000, Tempe, AZ, USA, 85281
Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.

Gen Digital (BSP:S1YM34) Headlines

No Headlines