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Issuer Direct (Issuer Direct) Cyclically Adjusted Price-to-FCF : 9.81 (As of May. 23, 2024)


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What is Issuer Direct Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Issuer Direct's current share price is $9.91. Issuer Direct's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.01. Issuer Direct's Cyclically Adjusted Price-to-FCF for today is 9.81.

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

ISDR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.8   Med: 27.25   Max: 46.22
Current: 9.85

During the past years, Issuer Direct's highest Cyclically Adjusted Price-to-FCF was 46.22. The lowest was 9.80. And the median was 27.25.

ISDR's Cyclically Adjusted Price-to-FCF is ranked better than
84.59% of 649 companies
in the Software industry
Industry Median: 29.5 vs ISDR: 9.85

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.

Issuer Direct's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.190. 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 $1.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Issuer Direct Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Issuer Direct'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.

Issuer Direct Cyclically Adjusted Price-to-FCF Chart

Issuer Direct Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.06 25.74 35.92 26.26 18.70

Issuer Direct 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 21.64 18.80 19.31 18.70 12.85

Competitive Comparison of Issuer Direct's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Issuer Direct'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.


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

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

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



Issuer Direct 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.91/1.01
=9.81

* 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.

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

For example, Issuer Direct'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)
=0.19/131.7762*131.7762
=0.190

Current CPI (Mar. 2024) = 131.7762.

Issuer Direct Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.098 100.560 0.128
201409 0.635 100.428 0.833
201412 -0.079 99.070 -0.105
201503 0.448 99.621 0.593
201506 0.267 100.684 0.349
201509 0.094 100.392 0.123
201512 0.194 99.792 0.256
201603 0.043 100.470 0.056
201606 0.274 101.688 0.355
201609 0.098 101.861 0.127
201612 0.124 101.863 0.160
201703 0.119 102.862 0.152
201706 0.156 103.349 0.199
201709 0.121 104.136 0.153
201712 0.120 104.011 0.152
201803 0.165 105.290 0.207
201806 0.331 106.317 0.410
201809 0.148 106.507 0.183
201812 0.179 105.998 0.223
201903 0.137 107.251 0.168
201906 0.062 108.070 0.076
201909 0.223 108.329 0.271
201912 0.207 108.420 0.252
202003 0.157 108.902 0.190
202006 0.393 108.767 0.476
202009 0.351 109.815 0.421
202012 0.259 109.897 0.311
202103 0.328 111.754 0.387
202106 0.164 114.631 0.189
202109 0.308 115.734 0.351
202112 0.366 117.630 0.410
202203 0.137 121.301 0.149
202206 0.286 125.017 0.301
202209 0.376 125.227 0.396
202212 0.262 125.222 0.276
202303 0.070 127.348 0.072
202306 0.409 128.729 0.419
202309 0.031 129.860 0.031
202312 0.160 129.419 0.163
202403 0.190 131.776 0.190

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.


Issuer Direct  (AMEX:ISDR) 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.


Issuer Direct Cyclically Adjusted Price-to-FCF Related Terms

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


Issuer Direct (Issuer Direct) Business Description

Industry
Traded in Other Exchanges
Address
One Glenwood Avenue, Suite 1001, Raleigh, NC, USA, 27603
Issuer Direct Corp is a communications and compliance company. It focuses on the needs of corporate issuers. It provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies. The company serves a diverse range of client base in the financial services industry, including brokerage firms, banks, mutual funds, accounting and the legal communities. Its current brands and products include the following: Issuer Direct, Accesswire, Investor Network, Blueprint, Classify, iProxy Direct, iR Direct and annual report service. Its primary geographic markets are North America and Europe of which North America contributes the vast majority of total revenue.
Executives
Brian R Balbirnie director, 10 percent owner, officer: Chairman & CEO C/O ISSUER DIRECT CORP., 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
J. Patrick Galleher director 11 S. 12TH STREET, RICHMOND VA 23219
William H Everett director 6 ARROWWOOD LANE, ANDOVER MA 01810
Steven Winfield Knerr officer: Chief Financial Officer 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
Timothy Pitoniak officer: Chief Financial Officer 8651 10TH ST N, APT 132, ST. PETERSBURG FL 33702
Marti Beller Lazear director 1000 CENTRAL AVENUE, ST. PETERSBURG FL 33705
Graeme P. Rein director 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Eric Alan Frank director 23 WASHINGTON AVENUE, IRVINGTON NY 10533
Michael Joseph Nowlan director 336 GLENGARRY AVE., NORTH YORK A6 M5M1E6
Red Oak Partners, Llc 10 percent owner 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Wesley T Pollard officer: Chief Financial Officer 10109 SPORTING CLUB DR, RALEIGH NC 27617
James Michael 10 percent owner 5321 RIDGELOCH PLACE, RALEIGH NC 27612
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
Andre Boisvert director 46939 BAYSIDE PKWY, FREMONT CA 94538
Lori A Jones officer: Chief Executive Officer 8310 N. NEW BRAUNFELS, SUITE 205, SAN ANTONIO TX 78217