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Criteo (Criteo) Cyclically Adjusted FCF per Share : $1.98 (As of Mar. 2024)


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What is Criteo 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.

Criteo's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.012. 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 $1.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Criteo's average Cyclically Adjusted FCF Growth Rate was 11.20% 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.

As of today (2024-06-04), Criteo's current stock price is $37.69. Criteo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.98. Criteo's Cyclically Adjusted Price-to-FCF of today is 19.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Criteo was 29.09. The lowest was 12.20. And the median was 16.85.


Criteo Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Criteo'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.

Criteo Cyclically Adjusted FCF per Share Chart

Criteo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.55 1.74 1.98

Criteo 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 1.78 1.76 1.78 1.98 1.98

Competitive Comparison of Criteo's Cyclically Adjusted FCF per Share

For the Advertising Agencies subindustry, Criteo'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.


Criteo's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Criteo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Criteo 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, Criteo'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)
=0.012/119.4700*119.4700
=0.012

Current CPI (Mar. 2024) = 119.4700.

Criteo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.015 100.180 0.018
201409 0.287 99.920 0.343
201412 0.601 99.860 0.719
201503 0.455 100.170 0.543
201506 -0.271 100.440 -0.322
201509 -0.062 99.950 -0.074
201512 0.826 100.040 0.986
201603 0.082 100.020 0.098
201606 -0.096 100.630 -0.114
201609 0.423 100.340 0.504
201612 0.626 100.650 0.743
201703 0.312 101.170 0.368
201706 0.447 101.320 0.527
201709 0.597 101.330 0.704
201712 0.458 101.850 0.537
201803 1.143 102.750 1.329
201806 0.327 103.370 0.378
201809 -0.151 103.560 -0.174
201812 0.828 103.470 0.956
201903 0.817 103.890 0.940
201906 0.368 104.580 0.420
201909 0.243 104.500 0.278
201912 0.476 104.980 0.542
202003 0.732 104.590 0.836
202006 0.063 104.790 0.072
202009 0.571 104.550 0.652
202012 0.543 104.960 0.618
202103 1.021 105.750 1.153
202106 0.165 106.340 0.185
202109 0.536 106.810 0.600
202112 0.866 107.850 0.959
202203 1.007 110.490 1.089
202206 -0.132 112.550 -0.140
202209 0.403 112.740 0.427
202212 1.285 114.160 1.345
202303 0.085 116.790 0.087
202306 -0.411 117.650 -0.417
202309 0.055 118.260 0.056
202312 2.026 118.390 2.044
202403 0.012 119.470 0.012

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


Criteo  (NAS:CRTO) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=37.69/1.98
=19.04

* 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 Criteo was 29.09. The lowest was 12.20. And the median was 16.85.


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.


Criteo Cyclically Adjusted FCF per Share Related Terms

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


Criteo (Criteo) Business Description

Traded in Other Exchanges
Address
32 Rue Blanche, Paris, FRA, 75009
Headquartered in Paris, Criteo is one of the leading ad-tech companies in the digital advertising market. Its technology, allows retailer advertisers to launch multichannel and cross-device marketing campaigns in real time. With real-time return on investment analysis of the ads, the firm's clients can adjust their marketing strategies dynamically. The firm also provides technology allowing retailers to effectively manage their ad inventories and improve yield optimization.
Executives
Megan Clarken officer: Chief Executive Officer C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016
Ryan Damon other: EVP, Gen. Counsel & Secretary C/O CRITEO, 32 RUE BLANCHE, PARIS I0 75009
Sarah Js Glickman officer: Chief Financial Officer 60 BINNEY STREET, C/O BLUEBIRD BIO, INC., CAMBRIDGE MA 02142
Van Der Kooi Frederik director C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016
Marie Lalleman director C/O CRITEO, 32 RUE BLANCHE, PARIS I0 75009
Nathalie Balla director C/O CRITEO, 32 RUE BLANCHE, PARIS I0 75009
Rachel Picard director C/O CRITEO, 32 RUE BLANCHE, PARIS I0 75009
James Warner director 135 WEST 18TH STREET, 5TH FLOOR, NEW YORK NY 10011
Edmond Mesrobian director 10 S ALMADEN BLVD, 16TH FLOOR, SAN JOSE CA 95113
Jean-baptiste Rudelle director, officer: Executive Chairman C/O CRITEO S.A., 32 RUE BLANCHE, PARIS I0 75009
David J Anderson officer: Interim CFO C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Dan Teodosiu officer: Chief Technology Officer C/O CRITEO, 32 RUE BLANCHE, PARIS I0 75009
Mary Spilman officer: Chief Revenue Officer C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016
Eric Eichmann director, officer: Chief Executive Officer C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 11TH FLOOR, NEW YORK NY 10016
Pesquidoux Hubert De director TEKELEC, 5200 PARAMOUNT PARKWAY, MORRISVILLE NC 27560