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PSI Software SE (LTS:0KUR) Cyclically Adjusted Price-to-FCF : 24.71 (As of Jun. 10, 2024)


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What is PSI Software SE Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), PSI Software SE's current share price is €21.00. PSI Software SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.85. PSI Software SE's Cyclically Adjusted Price-to-FCF for today is 24.71.

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

LTS:0KUR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.53   Med: 41.94   Max: 79
Current: 24.99

During the past years, PSI Software SE's highest Cyclically Adjusted Price-to-FCF was 79.00. The lowest was 23.53. And the median was 41.94.

LTS:0KUR's Cyclically Adjusted Price-to-FCF is ranked better than
55.05% of 683 companies
in the Software industry
Industry Median: 28.4 vs LTS:0KUR: 24.99

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.

PSI Software SE's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €1.120. 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 €0.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PSI Software SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PSI Software SE'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.

PSI Software SE Cyclically Adjusted Price-to-FCF Chart

PSI Software SE 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 45.52 45.91 67.39 31.01 29.82

PSI Software SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 31.01 34.17 41.79 32.75 29.82

Competitive Comparison of PSI Software SE's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, PSI Software SE'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.


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

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

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



PSI Software SE 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.

PSI Software SE's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.00/0.85
=24.71

* 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.

PSI Software SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PSI Software SE's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.12/123.7729*123.7729
=1.120

Current CPI (Dec. 2023) = 123.7729.

PSI Software SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.236 99.543 0.293
201406 -0.474 99.543 -0.589
201409 0.295 99.823 0.366
201412 1.291 99.543 1.605
201503 0.043 99.717 0.053
201506 -0.357 100.417 -0.440
201509 0.241 100.417 0.297
201512 0.775 99.717 0.962
201603 0.149 100.017 0.184
201606 -0.207 100.717 -0.254
201609 0.194 101.017 0.238
201612 0.510 101.217 0.624
201703 -0.059 101.417 -0.072
201706 -0.422 102.117 -0.511
201709 0.357 102.717 0.430
201712 -0.081 102.617 -0.098
201803 0.321 102.917 0.386
201806 -0.144 104.017 -0.171
201809 0.097 104.718 0.115
201812 0.545 104.217 0.647
201903 0.296 104.217 0.352
201906 -0.548 105.718 -0.642
201909 0.109 106.018 0.127
201912 0.560 105.818 0.655
202003 0.478 105.718 0.560
202006 0.605 106.618 0.702
202009 -0.462 105.818 -0.540
202012 0.591 105.518 0.693
202103 0.690 107.518 0.794
202106 -0.126 108.486 -0.144
202109 0.220 109.435 0.249
202112 1.343 110.384 1.506
202203 0.249 113.968 0.270
202206 -0.689 115.760 -0.737
202209 -0.308 118.818 -0.321
202212 0.315 119.345 0.327
202303 0.792 122.402 0.801
202306 -0.720 123.140 -0.724
202309 -0.631 124.195 -0.629
202312 1.120 123.773 1.120

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.


PSI Software SE  (LTS:0KUR) 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.


PSI Software SE Cyclically Adjusted Price-to-FCF Related Terms

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


PSI Software SE (LTS:0KUR) Business Description

Industry
Traded in Other Exchanges
Address
Dircksenstrasse 42- 44, Berlin, DEU, 10178
PSI Software AG is a software producer that has been a technological leader in process control and information systems. Its core business consists of process control and information systems for the management of energy and material flows in industries tailored to the electricity, gas, oil, and district heating sectors, Engineering, automobile, and automotive supply and logistics sectors. The company's segments include Energy Management which offers Intelligent solutions for utility companies in the electricity, gas, oil and water sectors; the Production Management segment provides software products and individual solutions for production planning, particularly tasks relating to production control and efficient logistics. It generates maximum revenue from the Energy Management segment.

PSI Software SE (LTS:0KUR) Headlines

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