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Autodesk (Autodesk) Cyclically Adjusted FCF per Share : $4.47 (As of Jan. 2024)


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What is Autodesk Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Autodesk's adjusted free cash flow per share for the three months ended in Jan. 2024 was $1.954. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $4.47 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Autodesk's average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Autodesk was 24.00% per year. The lowest was -9.30% per year. And the median was 8.95% per year.

As of today (2024-04-27), Autodesk's current stock price is $217.93. Autodesk's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $4.47. Autodesk's Cyclically Adjusted Price-to-FCF of today is 48.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Autodesk was 133.83. The lowest was 16.48. And the median was 54.99.


Autodesk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Autodesk's Cyclically Adjusted FCF per Share 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.

Autodesk Cyclically Adjusted FCF per Share Chart

Autodesk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.61 3.20 4.06 4.47

Autodesk Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted FCF per Share 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 4.06 4.34 4.40 4.38 4.47

Competitive Comparison of Autodesk's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Autodesk'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.


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

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

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



Autodesk Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Autodesk's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.954/129.4194*129.4194
=1.954

Current CPI (Jan. 2024) = 129.4194.

Autodesk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.882 100.023 1.141
201407 0.340 100.520 0.438
201410 0.465 100.176 0.601
201501 1.035 98.604 1.358
201504 0.319 99.824 0.414
201507 0.264 100.691 0.339
201510 0.304 100.346 0.392
201601 0.620 99.957 0.803
201604 0.633 100.947 0.812
201607 -0.172 101.524 -0.219
201610 -0.067 101.988 -0.085
201701 0.021 102.456 0.027
201704 0.166 103.167 0.208
201707 -0.411 103.278 -0.515
201710 -0.291 104.070 -0.362
201801 0.310 104.578 0.384
201804 -0.154 105.708 -0.189
201807 0.106 106.324 0.129
201810 0.121 106.695 0.147
201901 1.339 106.200 1.632
201904 0.940 107.818 1.128
201907 0.920 108.250 1.100
201910 1.202 108.577 1.433
202001 3.059 108.841 3.637
202004 1.373 108.173 1.643
202007 0.284 109.318 0.336
202010 1.530 109.861 1.802
202101 2.859 110.364 3.353
202104 1.419 112.673 1.630
202107 0.806 115.183 0.906
202110 1.149 116.696 1.274
202201 3.221 118.619 3.514
202204 1.909 121.978 2.025
202207 1.124 125.002 1.164
202210 2.115 125.734 2.177
202301 4.142 126.223 4.247
202304 3.278 127.992 3.315
202307 0.577 128.974 0.579
202310 -0.009 129.810 -0.009
202401 1.954 129.419 1.954

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Autodesk  (NAS:ADSK) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Autodesk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=217.93/4.47
=48.75

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Autodesk was 133.83. The lowest was 16.48. And the median was 54.99.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Autodesk Cyclically Adjusted FCF per Share Related Terms

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


Autodesk (Autodesk) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Autodesk Inc (NAS:ADSK) » Definitions » Cyclically Adjusted FCF per Share
Address
One Market Street, Suite 400, San Francisco, CA, USA, 94105
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
Executives
Mary T Mcdowell director
Stacy J Smith director 2200 MISSION COLLEGE BLVD., RNB-4-151, SANTA CLARA CA 95054
Rebecca Pearce officer: EVP, Chief People Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Betsy Rafael director 550 MERIDIAN AVENUE, SAN JOSE CA 95126
Stephen W. Hope officer: VP & Chief Accounting Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Lorrie M Norrington director C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Andrew Anagnost director, officer: President and CEO 111 MCINNIS PARKWAY, AUTODESK, INC., SAN RAFAEL CA 94903
Deborah Clifford officer: EVP & Chief Financial Officer 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Ayanna Howard director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Rami Rahim director 1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Ruth Ann Keene officer: EVP, Corp Affairs, CLO C/O UNITY SOFTWARE INC., 30 - 3RD STREET, SAN FRANCISCO CA 94103
Di Fronzo Pascal W officer: EVP, Corp Affairs, CLO & Sec AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Steven M Blum officer: Chief Revenue Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
French R Reid Jr director C/O INTERGRAPH CORP, 288 DUNLOP BLVD, HUNTSVILLE AL 35824
Stephen D Milligan director C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119