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PSI Software SE (PSI Software SE) Cyclically Adjusted FCF per Share : $0.92 (As of Dec. 2023)


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What is PSI Software SE 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.

PSI Software SE's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.221. 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 $0.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PSI Software SE's average Cyclically Adjusted FCF Growth Rate was 18.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.80% 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 PSI Software SE was 18.00% per year. The lowest was 12.70% per year. And the median was 16.60% per year.

As of today (2024-06-10), PSI Software SE's current stock price is $23.79241. PSI Software SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.92. PSI Software SE's Cyclically Adjusted Price-to-FCF of today is 25.86.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PSI Software SE was 79.00. The lowest was 23.53. And the median was 41.94.


PSI Software SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PSI Software SE'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.

PSI Software SE Cyclically Adjusted FCF per Share Chart

PSI Software SE 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 - - 0.73 0.77 0.92

PSI Software SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.77 0.80 0.66 0.83 0.92

Competitive Comparison of PSI Software SE's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, PSI Software SE'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.


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

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

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



PSI Software SE 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, PSI Software SE's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.221/123.7729*123.7729
=1.221

Current CPI (Dec. 2023) = 123.7729.

PSI Software SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.326 99.543 0.405
201406 -0.645 99.543 -0.802
201409 0.380 99.823 0.471
201412 1.592 99.543 1.980
201503 0.047 99.717 0.058
201506 -0.401 100.417 -0.494
201509 0.270 100.417 0.333
201512 0.844 99.717 1.048
201603 0.166 100.017 0.205
201606 -0.233 100.717 -0.286
201609 0.218 101.017 0.267
201612 0.538 101.217 0.658
201703 -0.063 101.417 -0.077
201706 -0.474 102.117 -0.575
201709 0.426 102.717 0.513
201712 -0.096 102.617 -0.116
201803 0.395 102.917 0.475
201806 -0.169 104.017 -0.201
201809 0.113 104.718 0.134
201812 0.620 104.217 0.736
201903 0.335 104.217 0.398
201906 -0.619 105.718 -0.725
201909 0.120 106.018 0.140
201912 0.622 105.818 0.728
202003 0.528 105.718 0.618
202006 0.681 106.618 0.791
202009 -0.544 105.818 -0.636
202012 0.719 105.518 0.843
202103 0.822 107.518 0.946
202106 -0.152 108.486 -0.173
202109 0.259 109.435 0.293
202112 1.518 110.384 1.702
202203 0.274 113.968 0.298
202206 -0.728 115.760 -0.778
202209 -0.304 118.818 -0.317
202212 0.334 119.345 0.346
202303 0.848 122.402 0.857
202306 -0.781 123.140 -0.785
202309 -0.673 124.195 -0.671
202312 1.221 123.773 1.221

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


PSI Software SE  (OTCPK:PSSWF) 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.

PSI Software SE's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=23.79241/0.92
=25.86

* 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 PSI Software SE was 79.00. The lowest was 23.53. And the median was 41.94.


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.


PSI Software SE Cyclically Adjusted FCF per Share Related Terms

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


PSI Software SE (PSI Software SE) Business Description

Industry
Traded in Other Exchanges
Address
Dircksenstrasse 42- 44, Berlin, DEU, 10178
PSI Software AG is a software producer that has been a technological leader in process control and information systems. Its core business consists of process control and information systems for the management of energy and material flows in industries tailored to the electricity, gas, oil, and district heating sectors, Engineering, automobile, and automotive supply and logistics sectors. The company's segments include Energy Management which offers Intelligent solutions for utility companies in the electricity, gas, oil and water sectors; the Production Management segment provides software products and individual solutions for production planning, particularly tasks relating to production control and efficient logistics. It generates maximum revenue from the Energy Management segment.