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MIND C.T.I. (MIND C.T.I.) Cyclically Adjusted Price-to-FCF : 6.25 (As of May. 15, 2024)


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What is MIND C.T.I. Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), MIND C.T.I.'s current share price is $1.875. MIND C.T.I.'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.30. MIND C.T.I.'s Cyclically Adjusted Price-to-FCF for today is 6.25.

The historical rank and industry rank for MIND C.T.I.'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MNDO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6   Med: 8.57   Max: 17.22
Current: 6.24

During the past years, MIND C.T.I.'s highest Cyclically Adjusted Price-to-FCF was 17.22. The lowest was 6.00. And the median was 8.57.

MNDO's Cyclically Adjusted Price-to-FCF is ranked better than
92.31% of 676 companies
in the Software industry
Industry Median: 28.855 vs MNDO: 6.24

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.

MIND C.T.I.'s adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.043. 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 $0.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MIND C.T.I. Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MIND C.T.I.'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.

MIND C.T.I. Cyclically Adjusted Price-to-FCF Chart

MIND C.T.I. 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 8.75 9.53 10.39 6.83 6.47

MIND C.T.I. 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 6.55 6.33 6.04 6.47 6.31

Competitive Comparison of MIND C.T.I.'s Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, MIND C.T.I.'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.


MIND C.T.I.'s Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, MIND C.T.I.'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MIND C.T.I.'s Cyclically Adjusted Price-to-FCF falls into.



MIND C.T.I. 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.

MIND C.T.I.'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.875/0.3
=6.25

* 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.

MIND C.T.I.'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MIND C.T.I.'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)
=0.043/129.4194*129.4194
=0.043

Current CPI (Mar. 2024) = 129.4194.

MIND C.T.I. Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.071 100.560 0.091
201409 0.053 100.428 0.068
201412 0.016 99.070 0.021
201503 0.084 99.621 0.109
201506 0.106 100.684 0.136
201509 0.041 100.392 0.053
201512 0.089 99.792 0.115
201603 0.038 100.470 0.049
201606 0.078 101.688 0.099
201609 0.110 101.861 0.140
201612 0.042 101.863 0.053
201703 0.027 102.862 0.034
201706 -0.014 103.349 -0.018
201709 0.088 104.136 0.109
201712 0.036 104.011 0.045
201803 0.067 105.290 0.082
201806 0.048 106.317 0.058
201809 0.081 106.507 0.098
201812 0.032 105.998 0.039
201903 0.116 107.251 0.140
201906 0.057 108.070 0.068
201909 0.100 108.329 0.119
201912 0.061 108.420 0.073
202003 0.052 108.902 0.062
202006 0.061 108.767 0.073
202009 0.092 109.815 0.108
202012 0.114 109.897 0.134
202103 0.028 111.754 0.032
202106 0.160 114.631 0.181
202109 0.030 115.734 0.034
202112 0.120 117.630 0.132
202203 0.023 121.301 0.025
202206 0.076 125.017 0.079
202209 0.048 125.227 0.050
202212 0.070 125.222 0.072
202303 0.025 127.348 0.025
202306 0.091 128.729 0.091
202309 0.047 129.860 0.047
202312 0.034 129.419 0.034
202403 0.043 129.419 0.043

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.


MIND C.T.I.  (NAS:MNDO) 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.


MIND C.T.I. Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of MIND C.T.I.'s Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


MIND C.T.I. (MIND C.T.I.) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2 HaCarmel Street, Yoqneam, ISR, 2066724
MIND C.T.I. Ltd develops, manufactures, markets and implements real-time and off-line convergent billing and customer care software solutions. The company derives revenue from sale of software products and services in two operating segments namelyBilling and Related Services and Messaging. The Company has three product lines: Product line A- billing and customer care solutions for service providers; Product line B - call accounting and call management solutions for enterprises; and Product line C - mobile messaging, communication, and payment solutions.

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