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CSP (CSPI) Cyclically Adjusted Price-to-FCF : 61.64 (As of May. 22, 2024)


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What is CSP Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), CSP's current share price is $15.41. CSP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.25. CSP's Cyclically Adjusted Price-to-FCF for today is 61.64.

The historical rank and industry rank for CSP's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CSPI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.88   Med: 29.85   Max: 121.52
Current: 60.06

During the past years, CSP's highest Cyclically Adjusted Price-to-FCF was 121.52. The lowest was 16.88. And the median was 29.85.

CSPI's Cyclically Adjusted Price-to-FCF is ranked worse than
69.95% of 649 companies
in the Software industry
Industry Median: 29.5 vs CSPI: 60.06

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.

CSP's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.173. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CSP's Cyclically Adjusted Price-to-FCF 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.

CSP Cyclically Adjusted Price-to-FCF Chart

CSP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.74 31.51 30.92 47.05 69.48

CSP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 65.61 - 69.48 43.23 73.38

Competitive Comparison of CSP's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, CSP'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.


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

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

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



CSP Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

CSP's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.41/0.25
=61.64

* 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.

CSP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CSP'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)
=0.173/131.7762*131.7762
=0.173

Current CPI (Mar. 2024) = 131.7762.

CSP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.599 100.560 0.785
201409 0.133 100.428 0.175
201412 -0.674 99.070 -0.897
201503 -0.169 99.621 -0.224
201506 0.276 100.684 0.361
201509 0.115 100.392 0.151
201512 -0.081 99.792 -0.107
201603 0.046 100.470 0.060
201606 0.307 101.688 0.398
201609 0.298 101.861 0.386
201612 0.302 101.863 0.391
201703 -0.411 102.862 -0.527
201706 0.675 103.349 0.861
201709 -0.229 104.136 -0.290
201712 0.598 104.011 0.758
201803 -0.709 105.290 -0.887
201806 0.212 106.317 0.263
201809 0.202 106.507 0.250
201812 -0.477 105.998 -0.593
201903 -0.018 107.251 -0.022
201906 -0.148 108.070 -0.180
201909 0.126 108.329 0.153
201912 -0.073 108.420 -0.089
202003 -0.189 108.902 -0.229
202006 0.376 108.767 0.456
202009 -0.114 109.815 -0.137
202012 0.184 109.897 0.221
202103 0.028 111.754 0.033
202106 -0.117 114.631 -0.134
202109 0.113 115.734 0.129
202112 -0.049 117.630 -0.055
202203 0.174 121.301 0.189
202206 -0.126 125.017 -0.133
202209 0.283 125.227 0.298
202212 -0.499 125.222 -0.525
202303 -0.049 127.348 -0.051
202306 -0.051 128.729 -0.052
202309 0.966 129.860 0.980
202312 0.175 129.419 0.178
202403 0.173 131.776 0.173

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


CSP  (NAS:CSPI) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


CSP Cyclically Adjusted Price-to-FCF Related Terms

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


CSP (CSPI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » CSP Inc (NAS:CSPI) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
175 Cabot Street, Suite 210, Lowell, MA, USA, 01854
CSP Inc along with its subsidiaries develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and high-performance cluster computer systems. The firm operates in two segments namely Technology Solutions, where the company focus on value-added reseller integrated solutions including third-party hardware, software, and technical computer-related consulting, and High-Performance Products segments, where the company design, manufacture and deliver products and services to customers that require specialized cyber security services, networking and signal processing. It generates a majority of its revenue from the Technology Solutions segment. Geographically, the company generates its maximum revenue from the Americas.
Executives
Joseph R Nerges 10 percent owner 1726 BUNDY ST, SCRANTON PA 18508
Gary Southwell officer: VP and GM 175 CABOT STREET, SUITE 210, LOWELL MA 01854
Mike Newbanks officer: VP Finance & CAO 1182 E NEWPORT CENTER DRIVE, DEERFIELD BEACH FL 33442
Gary W Levine officer: CFO 215 BUNKER HILL ST., CHARLESTOWN MA 02129
Victor Dellovo officer: President and CEO 1182 EAST NEWPORT CENTER DRIVE, DEERFIELD BEACH FL 33442-8126
C Shelton James director GROUP LONG DISTANCE INC, 1451 W CYPRESS CREEK RD STE 200, FT LAUDERDALE FL 33309
Ismail Azeri director 175 CABOT STREET, SUITE 210, LOWELL MA 01854
John M Leydon officer: VP Finance Chief Acct Officer 2 BECK STREET, NEWBURYPORT MA 01950
Blackmon Raymond Charles Jr director 155 VIOLET PLACE, EUFAULA AL 36027
Marilyn T Smith director 10349 MAIN STREET, FAIRFAX VA 22030
Robert E Bunnett director 733 MEDITERRANEAN LANE, REDWOOD CITY CA 94065
Julian Demora other: Investor P.O.BOX 220139, HOLLYWOOD FL 33022
Christopher Hall director, 10 percent owner 671 NORTHEAST 105TH ST, MIAMI SHORES FL 33138
Robert Michael Williams director P.O. 296, BREWSTER MA 02631
Robert A Stellato officer: Chief Accounting Officer 43 MANNING ROAD, BILLERICA MA 01821