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CD Projekt (WAR:CDR) Cyclically Adjusted Price-to-FCF : 39.37 (As of May. 31, 2024)


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What is CD Projekt Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), CD Projekt's current share price is zł130.30. CD Projekt's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł3.31. CD Projekt's Cyclically Adjusted Price-to-FCF for today is 39.37.

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

WAR:CDR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 31.29   Med: 85.98   Max: 450.51
Current: 39.39

During the past years, CD Projekt's highest Cyclically Adjusted Price-to-FCF was 450.51. The lowest was 31.29. And the median was 85.98.

WAR:CDR's Cyclically Adjusted Price-to-FCF is ranked worse than
73.33% of 135 companies
in the Interactive Media industry
Industry Median: 21.39 vs WAR:CDR: 39.39

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.

CD Projekt's adjusted free cash flow per share data for the three months ended in Mar. 2024 was zł1.171. 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 zł3.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CD Projekt Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CD Projekt'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.

CD Projekt Cyclically Adjusted Price-to-FCF Chart

CD Projekt 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 342.21 209.67 85.96 47.27 36.33

CD Projekt 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 38.46 54.91 44.00 36.33 35.34

Competitive Comparison of CD Projekt's Cyclically Adjusted Price-to-FCF

For the Electronic Gaming & Multimedia subindustry, CD Projekt'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.


CD Projekt's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CD Projekt's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CD Projekt 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.

CD Projekt's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=130.30/3.31
=39.37

* 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.

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

For example, CD Projekt'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)
=1.171/149.0435*149.0435
=1.171

Current CPI (Mar. 2024) = 149.0435.

CD Projekt Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.035 101.180 0.052
201409 -0.047 100.611 -0.070
201412 -0.084 100.122 -0.125
201503 -0.042 100.041 -0.063
201506 1.824 100.448 2.706
201509 1.555 99.634 2.326
201512 0.603 99.471 0.904
201603 0.398 98.983 0.599
201606 0.702 99.552 1.051
201609 0.434 99.064 0.653
201612 0.434 100.366 0.644
201703 0.469 101.018 0.692
201706 0.368 101.180 0.542
201709 0.540 101.343 0.794
201712 0.073 102.564 0.106
201803 0.138 102.564 0.201
201806 -0.467 103.378 -0.673
201809 -0.016 103.378 -0.023
201812 0.556 103.785 0.798
201903 -0.300 104.274 -0.429
201906 0.090 105.983 0.127
201909 0.644 105.983 0.906
201912 -0.831 107.123 -1.156
202003 1.261 109.076 1.723
202006 0.314 109.402 0.428
202009 0.824 109.320 1.123
202012 2.474 109.565 3.365
202103 10.165 112.658 13.448
202106 -2.773 113.960 -3.627
202109 0.525 115.588 0.677
202112 -0.221 119.088 -0.277
202203 0.979 125.031 1.167
202206 -0.719 131.705 -0.814
202209 0.032 135.531 0.035
202212 1.182 139.113 1.266
202303 0.206 145.950 0.210
202306 -0.918 147.009 -0.931
202309 0.479 146.113 0.489
202312 3.031 147.741 3.058
202403 1.171 149.044 1.171

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.


CD Projekt  (WAR:CDR) 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.


CD Projekt Cyclically Adjusted Price-to-FCF Related Terms

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


CD Projekt (WAR:CDR) Business Description

Traded in Other Exchanges
Address
ul. Jagiellonska 74, Building E, Warsaw, POL, 03-301
CD Projekt SA is the holding company of CD Projekt capital group. The firm with its subsidiary develops and publishes videogames for hardware platforms such as Steam, PlayStation Store, Xbox Games Store, Nintendo, App Store, Humble Bundle, Origin, and its own proprietary GOG.com platform. It is also involved in global digital videogame distribution. The firm has CD Projekt Red and GOG.com segments. It derives the majority of its revenues from CD Projekt Red segment.