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DXC Technology Co (STU:2XT) Cyclically Adjusted FCF per Share : €4.21 (As of Mar. 2024)


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What is DXC Technology Co 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.

DXC Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.968. 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 €4.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DXC Technology Co's average Cyclically Adjusted FCF Growth Rate was -2.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.00% 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 DXC Technology Co was 18.30% per year. The lowest was -4.10% per year. And the median was 6.55% per year.

As of today (2024-06-08), DXC Technology Co's current stock price is €14.505. DXC Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.21. DXC Technology Co's Cyclically Adjusted Price-to-FCF of today is 3.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DXC Technology Co was 20.42. The lowest was 2.30. And the median was 7.64.


DXC Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DXC Technology Co'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.

DXC Technology Co Cyclically Adjusted FCF per Share Chart

DXC Technology Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.45 3.37 4.14 4.36 4.21

DXC Technology Co 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 4.36 4.27 4.40 4.30 4.21

Competitive Comparison of DXC Technology Co's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, DXC Technology Co'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.


DXC Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



DXC Technology Co 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, DXC Technology Co'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)
=0.968/131.7762*131.7762
=0.968

Current CPI (Mar. 2024) = 131.7762.

DXC Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.521 100.560 0.683
201409 0.277 100.428 0.363
201412 2.970 99.070 3.951
201503 1.004 99.621 1.328
201506 1.361 100.684 1.781
201509 -0.462 100.392 -0.606
201512 0.603 99.792 0.796
201603 -0.477 100.470 -0.626
201606 -0.455 101.688 -0.590
201609 0.266 101.861 0.344
201612 2.952 101.863 3.819
201703 -1.258 102.862 -1.612
201706 1.239 103.349 1.580
201709 2.604 104.136 3.295
201712 1.099 104.011 1.392
201803 1.267 105.290 1.586
201806 0.713 106.317 0.884
201809 1.050 106.507 1.299
201812 0.132 105.998 0.164
201903 1.929 107.251 2.370
201906 -0.770 108.070 -0.939
201909 5.268 108.329 6.408
201912 1.325 108.420 1.610
202003 0.432 108.902 0.523
202006 -0.084 108.767 -0.102
202009 1.193 109.815 1.432
202012 -1.135 109.897 -1.361
202103 -1.225 111.754 -1.444
202106 -0.794 114.631 -0.913
202109 1.536 115.734 1.749
202112 2.066 117.630 2.314
202203 0.549 121.301 0.596
202206 0.179 125.017 0.189
202209 0.321 125.227 0.338
202212 2.087 125.222 2.196
202303 1.359 127.348 1.406
202306 -0.056 128.729 -0.057
202309 0.641 129.860 0.650
202312 3.029 129.419 3.084
202403 0.968 131.776 0.968

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


DXC Technology Co  (STU:2XT) 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.

DXC Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.505/4.21
=3.45

* 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 DXC Technology Co was 20.42. The lowest was 2.30. And the median was 7.64.


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.


DXC Technology Co Cyclically Adjusted FCF per Share Related Terms

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


DXC Technology Co (STU:2XT) Business Description

Industry
Traded in Other Exchanges
Address
20408 Bashan Drive, Suite 231, Ashburn, VA, USA, 20147
DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region.

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