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Envestnet (FRA:30E) Cyclically Adjusted FCF per Share : €1.30 (As of Mar. 2024)


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What is Envestnet 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.

Envestnet's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.331. 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 €1.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Envestnet's average Cyclically Adjusted FCF Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Envestnet was 19.10% per year. The lowest was 6.50% per year. And the median was 14.90% per year.

As of today (2024-06-09), Envestnet's current stock price is €58.50. Envestnet's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.30. Envestnet's Cyclically Adjusted Price-to-FCF of today is 45.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Envestnet was 91.16. The lowest was 24.34. And the median was 59.01.


Envestnet Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Envestnet'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.

Envestnet Cyclically Adjusted FCF per Share Chart

Envestnet 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 0.87 0.97 1.32 1.34 1.31

Envestnet 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 1.19 1.28 1.31 1.31 1.30

Competitive Comparison of Envestnet's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Envestnet'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.


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

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

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



Envestnet 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, Envestnet'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)
=-0.331/131.7762*131.7762
=-0.331

Current CPI (Mar. 2024) = 131.7762.

Envestnet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.159 100.560 0.208
201409 0.327 100.428 0.429
201412 0.426 99.070 0.567
201503 -0.147 99.621 -0.194
201506 0.082 100.684 0.107
201509 0.418 100.392 0.549
201512 0.272 99.792 0.359
201603 0.218 100.470 0.286
201606 0.165 101.688 0.214
201609 0.375 101.861 0.485
201612 0.533 101.863 0.690
201703 0.055 102.862 0.070
201706 0.361 103.349 0.460
201709 0.576 104.136 0.729
201712 0.576 104.011 0.730
201803 -0.178 105.290 -0.223
201806 0.588 106.317 0.729
201809 0.502 106.507 0.621
201812 0.445 105.998 0.553
201903 -0.459 107.251 -0.564
201906 0.050 108.070 0.061
201909 0.767 108.329 0.933
201912 0.560 108.420 0.681
202003 -0.081 108.902 -0.098
202006 0.659 108.767 0.798
202009 0.727 109.815 0.872
202012 0.308 109.897 0.369
202103 0.030 111.754 0.035
202106 0.691 114.631 0.794
202109 0.448 115.734 0.510
202112 0.898 117.630 1.006
202203 -0.617 121.301 -0.670
202206 0.322 125.017 0.339
202209 0.090 125.227 0.095
202212 -0.188 125.222 -0.198
202303 -1.238 127.348 -1.281
202306 0.601 128.729 0.615
202309 0.241 129.860 0.245
202312 0.783 129.419 0.797
202403 -0.331 131.776 -0.331

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


Envestnet  (FRA:30E) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=58.50/1.3
=45.00

* 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 Envestnet was 91.16. The lowest was 24.34. And the median was 59.01.


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.


Envestnet Cyclically Adjusted FCF per Share Related Terms

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


Envestnet (FRA:30E) Business Description

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Address
1000 Chesterbrook Boulevard, Suite 250, Berwyn, Pennsylvania, IL, USA, 60601
Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers, and other firms. Its Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs. Envestnet's portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet acquired MoneyGuidePro to bolster its financial planning tools.

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