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E & M Computing (XTAE:EMCO) Cyclically Adjusted Price-to-FCF : 8.57 (As of Jun. 02, 2024)


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What is E & M Computing Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), E & M Computing's current share price is ₪9.683. E & M Computing's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₪1.13. E & M Computing's Cyclically Adjusted Price-to-FCF for today is 8.57.

The historical rank and industry rank for E & M Computing's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XTAE:EMCO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.86   Med: 11.48   Max: 30.68
Current: 8.58

During the past years, E & M Computing's highest Cyclically Adjusted Price-to-FCF was 30.68. The lowest was 4.86. And the median was 11.48.

XTAE:EMCO's Cyclically Adjusted Price-to-FCF is ranked better than
88.18% of 677 companies
in the Software industry
Industry Median: 28.27 vs XTAE:EMCO: 8.58

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.

E & M Computing's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₪0.959. 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 ₪1.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


E & M Computing Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for E & M Computing'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.

E & M Computing Cyclically Adjusted Price-to-FCF Chart

E & M Computing 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 19.65 15.54 26.02 8.20 5.84

E & M Computing 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 8.20 6.17 9.15 6.24 5.84

Competitive Comparison of E & M Computing's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, E & M Computing'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.


E & M Computing's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

* The bar in red indicates where E & M Computing's Cyclically Adjusted Price-to-FCF falls into.



E & M Computing 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.

E & M Computing's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.683/1.13
=8.57

* 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.

E & M Computing's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, E & M Computing'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)
=0.959/129.4194*129.4194
=0.959

Current CPI (Dec. 2023) = 129.4194.

E & M Computing Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.641 99.695 -0.832
201406 0.759 100.560 0.977
201409 0.298 100.428 0.384
201412 0.149 99.070 0.195
201503 0.712 99.621 0.925
201506 -0.025 100.684 -0.032
201509 -0.053 100.392 -0.068
201512 1.003 99.792 1.301
201603 -0.735 100.470 -0.947
201606 1.418 101.688 1.805
201609 -0.907 101.861 -1.152
201612 0.625 101.863 0.794
201703 -0.635 102.862 -0.799
201706 -0.014 103.349 -0.018
201709 0.092 104.136 0.114
201712 1.203 104.011 1.497
201803 -0.833 105.290 -1.024
201806 -0.513 106.317 -0.624
201809 0.975 106.507 1.185
201812 0.825 105.998 1.007
201903 -0.214 107.251 -0.258
201906 0.510 108.070 0.611
201909 -0.362 108.329 -0.432
201912 0.594 108.420 0.709
202003 1.029 108.902 1.223
202006 0.542 108.767 0.645
202009 0.010 109.815 0.012
202012 0.685 109.897 0.807
202103 0.539 111.754 0.624
202106 0.657 114.631 0.742
202109 -0.571 115.734 -0.639
202112 0.734 117.630 0.808
202203 -0.515 121.301 -0.549
202206 0.137 125.017 0.142
202209 -0.238 125.227 -0.246
202212 0.566 125.222 0.585
202303 0.515 127.348 0.523
202306 -0.215 128.729 -0.216
202309 0.557 129.860 0.555
202312 0.959 129.419 0.959

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.


E & M Computing  (XTAE:EMCO) 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.


E & M Computing Cyclically Adjusted Price-to-FCF Related Terms

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


E & M Computing (XTAE:EMCO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6 Ha'Chilazon Street, Ramat Gan, ISR, 52522
E & M Computing Ltd is a solution provider and specialized in Data-Center, Cloud and Information Technologies. It provides computing architecture and infrastructure solutions to enterprise customers. The company offers its customers services such as consultation, software development, and instruction and training services, among others.

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