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Trinet Group (STU:TN3) Cyclically Adjusted Price-to-FCF : 21.90 (As of May. 24, 2024)


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What is Trinet Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Trinet Group's current share price is €99.00. Trinet Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.52. Trinet Group's Cyclically Adjusted Price-to-FCF for today is 21.90.

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

STU:TN3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.99   Med: 22.03   Max: 29
Current: 21.67

During the past years, Trinet Group's highest Cyclically Adjusted Price-to-FCF was 29.00. The lowest was 16.99. And the median was 22.03.

STU:TN3's Cyclically Adjusted Price-to-FCF is ranked worse than
59.78% of 358 companies
in the Business Services industry
Industry Median: 18.46 vs STU:TN3: 21.67

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.

Trinet Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-2.525. 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 €4.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trinet Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Trinet Group'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.

Trinet Group Cyclically Adjusted Price-to-FCF Chart

Trinet Group 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 - - - 15.88 22.95

Trinet Group 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 19.56 21.90 28.07 22.95 26.75

Competitive Comparison of Trinet Group's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, Trinet Group'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.


Trinet Group's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Trinet Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Trinet Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=99.00/4.52
=21.90

* 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.

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

For example, Trinet Group'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)
=-2.525/131.7762*131.7762
=-2.525

Current CPI (Mar. 2024) = 131.7762.

Trinet Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.199 100.560 0.261
201409 0.387 100.428 0.508
201412 0.554 99.070 0.737
201503 0.119 99.621 0.157
201506 0.321 100.684 0.420
201509 0.679 100.392 0.891
201512 0.537 99.792 0.709
201603 0.421 100.470 0.552
201606 -0.082 101.688 -0.106
201609 0.319 101.861 0.413
201612 1.316 101.863 1.702
201703 -2.268 102.862 -2.906
201706 -0.650 103.349 -0.829
201709 0.634 104.136 0.802
201712 8.835 104.011 11.193
201803 -6.149 105.290 -7.696
201806 -0.248 106.317 -0.307
201809 0.708 106.507 0.876
201812 4.492 105.998 5.584
201903 -1.920 107.251 -2.359
201906 -0.411 108.070 -0.501
201909 -0.742 108.329 -0.903
201912 8.506 108.420 10.338
202003 -3.777 108.902 -4.570
202006 1.828 108.767 2.215
202009 1.011 109.815 1.213
202012 7.297 109.897 8.750
202103 -2.257 111.754 -2.661
202106 -0.334 114.631 -0.384
202109 2.055 115.734 2.340
202112 2.946 117.630 3.300
202203 2.793 121.301 3.034
202206 -1.562 125.017 -1.646
202209 -0.994 125.227 -1.046
202212 6.918 125.222 7.280
202303 -1.463 127.348 -1.514
202306 1.954 128.729 2.000
202309 -2.100 129.860 -2.131
202312 10.195 129.419 10.381
202403 -2.525 131.776 -2.525

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.


Trinet Group  (STU:TN3) 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.


Trinet Group Cyclically Adjusted Price-to-FCF Related Terms

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


Trinet Group (STU:TN3) Business Description

Industry
Traded in Other Exchanges
Address
One Park Place, Suite 600, Dublin, CA, USA, 94568
TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.

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