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Sparta Commercial Services (Sparta Commercial Services) Cyclically Adjusted FCF per Share : $-2.07 (As of Jan. 2024)


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What is Sparta Commercial Services 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.

Sparta Commercial Services's adjusted free cash flow per share for the three months ended in Jan. 2024 was $-0.003. 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 $-2.07 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 33.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 36.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 35.80% 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 Sparta Commercial Services was 40.00% per year. The lowest was 7.50% per year. And the median was 32.20% per year.

As of today (2024-06-06), Sparta Commercial Services's current stock price is $0.099. Sparta Commercial Services's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $-2.07. Sparta Commercial Services's Cyclically Adjusted Price-to-FCF of today is .


Sparta Commercial Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sparta Commercial Services'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.

Sparta Commercial Services Cyclically Adjusted FCF per Share Chart

Sparta Commercial Services Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.13 -10.72 -6.81 -5.03 -3.18

Sparta Commercial Services Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -3.76 -3.18 -2.86 -2.47 -2.07

Competitive Comparison of Sparta Commercial Services's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Sparta Commercial Services'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.


Sparta Commercial Services's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Sparta Commercial Services 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, Sparta Commercial Services's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.003/130.1244*130.1244
=-0.003

Current CPI (Jan. 2024) = 130.1244.

Sparta Commercial Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -2.354 100.023 -3.062
201407 -2.131 100.520 -2.759
201410 -2.982 100.176 -3.874
201501 -2.965 98.604 -3.913
201504 -2.039 99.824 -2.658
201507 -1.199 100.691 -1.549
201510 -0.665 100.346 -0.862
201601 -0.319 99.957 -0.415
201604 -0.079 100.947 -0.102
201607 -0.057 101.524 -0.073
201610 -0.040 101.988 -0.051
201701 -0.019 102.456 -0.024
201704 -0.013 103.167 -0.016
201707 -0.034 103.278 -0.043
201710 -0.037 104.070 -0.046
201801 -0.033 104.578 -0.041
201804 -0.019 105.708 -0.023
201807 -0.016 106.324 -0.020
201810 -0.048 106.695 -0.059
201901 -0.035 106.200 -0.043
201904 -0.023 107.818 -0.028
201907 -0.183 108.250 -0.220
201910 0.130 108.577 0.156
202001 -0.027 108.841 -0.032
202004 -0.020 108.173 -0.024
202007 -0.033 109.318 -0.039
202010 0.020 109.861 0.024
202101 -0.117 110.364 -0.138
202104 0.035 112.673 0.040
202107 -0.007 115.183 -0.008
202110 0.000 116.696 0.000
202201 -0.030 118.619 -0.033
202204 -0.094 121.978 -0.100
202207 -0.015 125.002 -0.016
202210 -0.006 125.734 -0.006
202301 -0.035 126.223 -0.036
202304 -0.087 127.992 -0.088
202307 -0.011 128.974 -0.011
202310 -0.008 129.810 -0.008
202401 -0.003 130.124 -0.003

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


Sparta Commercial Services  (OTCPK:SRCO) 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.


Sparta Commercial Services Cyclically Adjusted FCF per Share Related Terms

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


Sparta Commercial Services (Sparta Commercial Services) Business Description

Traded in Other Exchanges
N/A
Address
555 Fifth Avenue, 14th Floor, New York, NY, USA, 10017
Sparta Commercial Services Inc through its subsidiaries offers technology products and services. The company develops, manages, and markets its business mobile applications for smartphones and tablets. Its mobile application offerings range from racetracks, private clubs, country clubs, restaurants, and grocery stores. The company serves small and medium-size businesses under the tradename iMobileApp. It generates maximum revenue from the application source.
Executives
Jeffrey Buchanan Bean director 325 COTTON AVENUE, MACON GA 31201
Anthony L Havens director, officer: CEO 555 FIFTH AVE., 14TH FLOOR, NEW YORK NY 10017
Sandra L Ahman director, officer: VP 555 FIFTH AVE, 14TH FLOOR, NEW YORK NY 10017
Kristian Srb director, 10 percent owner 555 FIFTH AVE., 14TH FLOOR, NEW YORK NY 10017
Richard P Trotter officer: COO 370 LEXINGTON AVE., SUITE 1901, NEW YORK NY 10017
Anthony William Adler officer: EVP 462 SEVENTH AVENUE, 20TH FLOOR, NEW YORK NY 10018
Leo Long other: 8.85% OWNER 9109 LORIET BLVD., LENEXA KS 66219
Glenn Little other: 5% Owner 211 WEST WALL ST, MIDLAND TX 70701
Michael J Mele officer: Chief Financial Officer 462 SEVENTH AVE, 20TH FL., C/O SPARTA COMMERCIAL SERVICES, INC., NEW YORK NY 10018
Danny Lanjewar officer: Chief Financial Officer

Sparta Commercial Services (Sparta Commercial Services) Headlines