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


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What is Tucows Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tucows Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tucows'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.

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Tucows Cyclically Adjusted Price-to-FCF Chart

Tucows 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 89.15 129.60 597.80 - -

Tucows 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 - - - - -

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

For the Software - Infrastructure subindustry, Tucows'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.


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

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

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



Tucows 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.

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

For example, Tucows'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)
=-1.839/126.2576*126.2576
=-1.839

Current CPI (Mar. 2024) = 126.2576.

Tucows Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.070 99.473 0.089
201409 0.407 99.394 0.517
201412 0.226 98.367 0.290
201503 0.237 99.789 0.300
201506 0.095 100.500 0.119
201509 0.534 100.421 0.671
201512 0.354 99.947 0.447
201603 -0.119 101.054 -0.149
201606 0.129 102.002 0.160
201609 0.292 101.765 0.362
201612 0.457 101.449 0.569
201703 -0.120 102.634 -0.148
201706 0.484 103.029 0.593
201709 0.189 103.345 0.231
201712 0.929 103.345 1.135
201803 0.413 105.004 0.497
201806 -0.145 105.557 -0.173
201809 0.380 105.636 0.454
201812 0.161 105.399 0.193
201903 -0.133 106.979 -0.157
201906 -0.319 107.690 -0.374
201909 -0.012 107.611 -0.014
201912 0.026 107.769 0.030
202003 0.385 107.927 0.450
202006 -0.308 108.401 -0.359
202009 0.075 108.164 0.088
202012 -0.939 108.559 -1.092
202103 -0.001 110.298 -0.001
202106 -1.686 111.720 -1.905
202109 -1.202 112.905 -1.344
202112 -1.204 113.774 -1.336
202203 -1.650 117.646 -1.771
202206 -1.647 120.806 -1.721
202209 -4.424 120.648 -4.630
202212 -3.197 120.964 -3.337
202303 -3.439 122.702 -3.539
202306 -2.303 124.203 -2.341
202309 -2.716 125.230 -2.738
202312 -0.522 125.072 -0.527
202403 -1.839 126.258 -1.839

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.


Tucows  (NAS:TCX) 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.


Tucows Cyclically Adjusted Price-to-FCF Related Terms

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


Tucows (Tucows) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Tucows Inc (NAS:TCX) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
96 Mowat Avenue, Toronto, ON, CAN, M6K 3M1
Tucows Inc provides us consumers and small businesses with mobile phone services nationally and high-speed fixed Internet access in selected towns. The Company offers Mobile Service Enabler (MSE) solutions, as well as professional services to other retail mobile providers. The Company is also a global distributor of Internet services, including domain name registration, digital certificates, and email. It provides these services primarily through a global Internet-based distribution network of Internet Service Providers, web hosting companies, and other providers of Internet services to end-users. It operates in three segments: Domain Services, Mobile Services, and Fiber Internet Services. It generates the majority of its revenue from Domain Services.
Executives
Elliot Noss director, officer: Chief Executive Officer
Robin Chase director 96 MOWAT AVENUE, TORONTO A6 M6K3M1
Lee Matheson director 96 MOWAT AVE, TORONTO A6 M6K 3M1
Gigi Sohn director 96 MOWAT AVE, TORONTO A6 M6K 3M1
Blacksheep Fund Management Ltd 10 percent owner ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
Michael Alan Koenig officer: Chief Operating Officer 96 MOWAT AVE, TORONTO A6 M6K 3M1
Blacksheep Master Fund Ltd. 10 percent owner C/O MOURANT GOVERNANCE SERVICES, PO BOX 1348, 94 SOLARIS AVE., GRAND CAYMAN E9 KY1-1108
Herdwick Capital Ltd 10 percent owner C/O BLACKSHEEP FUND MANAGEMENT LIMITED, ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
Alexis Fortune 10 percent owner C/O BLACKSHEEP FUND MANAGEMENT LIMITED, ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
David John Woroch officer: VP Sales & Customer Support 96 MOWAT AVENUE, TORONTO A6 M6K 3M1
Marlene Carl director 96 MOWAT AVENUE, TORONTO A6 M6K3M1
Bret Fausett officer: Chief Legal Officer & VP 96 MOWAT AVENUE, TORONTO A6 M6K3M1
Jessica Sybil-lynne Johannson officer: VP HR 612-11 BRONTE ROAD, OAKVILLE A6 L6L0E1
Justin Reilly officer: CPO 96 MOWAT AVENUE, TORONTO A6 M6K3M1
Jill Szchumacher officer: EVP Networks 96 MOWAT AVENUE, TORONTO A6 M6K3M1