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Ebix (EBIXQ) Cyclically Adjusted Price-to-FCF : 0.22 (As of Jun. 04, 2024)


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What is Ebix Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Ebix's current share price is $0.45. Ebix's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $2.06. Ebix's Cyclically Adjusted Price-to-FCF for today is 0.22.

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

EBIXQ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.2   Med: 18.25   Max: 57.55
Current: 0.21

During the past years, Ebix's highest Cyclically Adjusted Price-to-FCF was 57.55. The lowest was 0.20. And the median was 18.25.

EBIXQ's Cyclically Adjusted Price-to-FCF is ranked better than
99.41% of 680 companies
in the Software industry
Industry Median: 28.39 vs EBIXQ: 0.21

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.

Ebix's adjusted free cash flow per share data for the three months ended in Sep. 2023 was $-0.281. 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 $2.06 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ebix Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ebix'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.

Ebix Cyclically Adjusted Price-to-FCF Chart

Ebix Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.49 18.89 19.60 14.82 9.36

Ebix Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 9.04 9.36 6.18 11.93 4.80

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

For the Software - Application subindustry, Ebix'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.


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

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

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



Ebix 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.45/2.06
=0.22

* 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.

Ebix's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Ebix's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.281/129.8595*129.8595
=-0.281

Current CPI (Sep. 2023) = 129.8595.

Ebix Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.492 98.326 0.650
201403 0.269 99.695 0.350
201406 0.113 100.560 0.146
201409 0.201 100.428 0.260
201412 0.539 99.070 0.707
201503 -0.365 99.621 -0.476
201506 0.368 100.684 0.475
201509 0.380 100.392 0.492
201512 0.539 99.792 0.701
201603 0.281 100.470 0.363
201606 0.568 101.688 0.725
201609 0.596 101.861 0.760
201612 0.893 101.863 1.138
201703 0.393 102.862 0.496
201706 0.391 103.349 0.491
201709 0.531 104.136 0.662
201712 0.787 104.011 0.983
201803 0.769 105.290 0.948
201806 0.381 106.317 0.465
201809 0.896 106.507 1.092
201812 0.083 105.998 0.102
201903 0.572 107.251 0.693
201906 -0.380 108.070 -0.457
201909 1.447 108.329 1.735
201912 -0.075 108.420 -0.090
202003 0.878 108.902 1.047
202006 0.894 108.767 1.067
202009 0.366 109.815 0.433
202012 0.822 109.897 0.971
202103 0.216 111.754 0.251
202106 0.333 114.631 0.377
202109 0.427 115.734 0.479
202112 0.858 117.630 0.947
202203 -0.208 121.301 -0.223
202206 0.457 125.017 0.475
202209 0.620 125.227 0.643
202212 0.951 125.222 0.986
202303 0.124 127.348 0.126
202306 -0.125 128.729 -0.126
202309 -0.281 129.860 -0.281

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.


Ebix  (OTCPK:EBIXQ) 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.


Ebix Cyclically Adjusted Price-to-FCF Related Terms

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


Ebix (EBIXQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ebix Inc (OTCPK:EBIXQ) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1 Ebix Way, Johns Creek, GA, USA, 30097
Ebix Inc is a provider of enterprise cloud e-commerce solutions for the insurance, finance, and healthcare industries. The company derives its revenues primarily from its financial transaction fees, software subscription, and transaction fees, software license fees, risk compliance solutions services fees, and professional service fees, including associated fees for consulting, implementation, training, and project management provided to customers with installed systems and applications. These exchanges connect multiple entities within the insurance and healthcare markets, enabling participants to carry and process data from one entity to another. Ebix generates the majority of its revenue from India.
Executives
Elizabeth A. Lapuma director 520 LAKE COOK ROAD, SUITE 315, DEERFIELD IL 60015
Jill M Krueger director
Priyanka Kaul director 1 EBIX WAY, JOHNS CREEK GA 30097
Senge James Scott Sr officer: Senior Vice President 1629 SEEGAR ROAD, PITTSBURGH PA 15241
Neil D Eckert director 62 BISHOPSGATE, LONDON X0 EC2N 4AW
Steven M Hamil officer: Chief Financial Officer 1 EBIX WAY, JOHNS CREEK GA 30097
Robin Raina director, officer: Chairman & CEO 5 CONCOURSE PARKWAY S 3200, ATLANTA GA 30328
Pavan Bhalla director 1109 BRECKENRIDGE LANE, ALPHARETTA GA 30005
Hans Ueli Keller director BOHLSTRASSE 25, 6300, ZUG V8 6300
Rolf Herter director STOCKERSTRASSE 38, ZURICH V8 CH-8002
Hans U Benz director AGERISTRASSE 24, ZUG V8 CH-6300
George Hebard director C/O ICAHN CAPITAL LP, 767 FIFTH AVE., SUITE 4700, NEW YORK NY 10153
Robert F Kerris officer: Chief Financial Officer 2840 TALIMORE COURT, MARIETTA GA 30066
Fondation Rennes 10 percent owner RATIKONSTRASSE 13, VADUZ, PRINCIPALITY OF LIECHTENSTEIN N2 FL-9490
D'apice Leon Royden Thomas officer: See Remarks 1 URALBA PLACE, WAHROONGA NSW C3 2076