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Marin Software (Marin Software) Cyclically Adjusted FCF per Share : $-13.16 (As of Mar. 2024)


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What is Marin Software 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.

Marin Software's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.572. 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 $-13.16 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.30% 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 Marin Software was 35.30% per year. The lowest was 35.30% per year. And the median was 35.30% per year.

As of today (2024-06-08), Marin Software's current stock price is $2.47. Marin Software's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-13.16. Marin Software's Cyclically Adjusted Price-to-FCF of today is .


Marin Software Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Marin Software'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.

Marin Software Cyclically Adjusted FCF per Share Chart

Marin Software 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 - -52.71 -51.21 -22.90 -14.30

Marin Software 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 -17.65 -16.75 -15.48 -14.30 -13.16

Competitive Comparison of Marin Software's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Marin Software'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.


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

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

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



Marin Software 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, Marin Software'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)
=-0.572/131.7762*131.7762
=-0.572

Current CPI (Mar. 2024) = 131.7762.

Marin Software Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -10.306 100.560 -13.505
201409 -9.931 100.428 -13.031
201412 -9.198 99.070 -12.235
201503 -8.166 99.621 -10.802
201506 -12.339 100.684 -16.149
201509 -9.419 100.392 -12.364
201512 5.939 99.792 7.842
201603 -1.288 100.470 -1.689
201606 -0.244 101.688 -0.316
201609 1.069 101.861 1.383
201612 0.610 101.863 0.789
201703 -1.432 102.862 -1.835
201706 -1.209 103.349 -1.542
201709 -3.753 104.136 -4.749
201712 -1.475 104.011 -1.869
201803 -5.977 105.290 -7.481
201806 -5.388 106.317 -6.678
201809 -2.235 106.507 -2.765
201812 -2.717 105.998 -3.378
201903 -2.264 107.251 -2.782
201906 0.846 108.070 1.032
201909 -0.225 108.329 -0.274
201912 -2.038 108.420 -2.477
202003 -2.023 108.902 -2.448
202006 -0.682 108.767 -0.826
202009 -2.443 109.815 -2.932
202012 -1.123 109.897 -1.347
202103 -1.553 111.754 -1.831
202106 -0.407 114.631 -0.468
202109 -1.167 115.734 -1.329
202112 -1.161 117.630 -1.301
202203 -1.961 121.301 -2.130
202206 -1.579 125.017 -1.664
202209 -2.039 125.227 -2.146
202212 -1.928 125.222 -2.029
202303 -1.487 127.348 -1.539
202306 -1.595 128.729 -1.633
202309 -1.757 129.860 -1.783
202312 -0.746 129.419 -0.760
202403 -0.572 131.776 -0.572

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


Marin Software  (NAS:MRIN) 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.


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.


Marin Software Cyclically Adjusted FCF per Share Related Terms

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


Marin Software (Marin Software) Business Description

Industry
Traded in Other Exchanges
Address
845 Market Street, Suite 450, San Francisco, CA, USA, 94103
Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.
Executives
Robert Bertz officer: CFO 123 MISSION STREET, 27TH FLOOR, SAN FRANCISCO CA 94105
Christopher A. Lien director, officer: Chief Executive Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Diena Lee Mann director C/O MARIN SOFTWARE INC., 123 MISSION ST, 25TH FLOOR, SAN FRANCISCO CA 94105
Brian K Kinion director C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Donald P. Hutchison director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94104
Wister Walcott officer: EVP, Products and Platform C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
L Gordon Crovitz director
Esw Capital, Llc 10 percent owner 401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Joseph Liemandt 10 percent owner 5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Yagnesh Patel officer: VP,InterimPrinFin&AcctgOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bradley Kinnish officer: VP Finance, Acting CFO C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bruce Dunlevie director, 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Catriona M. Fallon officer: Chief Financial Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Jugnu Bhatia officer: Controller,InterimPrinAcctgOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Parveen Nandal officer: VP Fin,InterimPrinFinanOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105