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Ansys (ANSS) Cyclically Adjusted Price-to-FCF : 53.14 (As of Apr. 28, 2024)


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What is Ansys Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Ansys's current share price is $333.75. Ansys's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $6.28. Ansys's Cyclically Adjusted Price-to-FCF for today is 53.14.

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

ANSS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.24   Med: 46.23   Max: 89.69
Current: 53.15

During the past years, Ansys's highest Cyclically Adjusted Price-to-FCF was 89.69. The lowest was 29.24. And the median was 46.23.

ANSS's Cyclically Adjusted Price-to-FCF is ranked worse than
67.16% of 670 companies
in the Software industry
Industry Median: 28.305 vs ANSS: 53.15

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.

Ansys's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.558. 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 $6.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ansys Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ansys'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.

Ansys Cyclically Adjusted Price-to-FCF Chart

Ansys 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 63.48 80.79 79.30 42.29 57.79

Ansys 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 42.29 55.69 55.11 48.45 57.79

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

For the Software - Application subindustry, Ansys'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.


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

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

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



Ansys 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=333.75/6.28
=53.14

* 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.

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

For example, Ansys'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)
=2.558/129.4194*129.4194
=2.558

Current CPI (Dec. 2023) = 129.4194.

Ansys Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.343 99.695 1.743
201406 0.763 100.560 0.982
201409 0.776 100.428 1.000
201412 0.928 99.070 1.212
201503 1.199 99.621 1.558
201506 0.680 100.684 0.874
201509 0.816 100.392 1.052
201512 1.237 99.792 1.604
201603 1.199 100.470 1.544
201606 0.765 101.688 0.974
201609 0.928 101.861 1.179
201612 1.082 101.863 1.375
201703 1.397 102.862 1.758
201706 1.251 103.349 1.567
201709 0.942 104.136 1.171
201712 1.111 104.011 1.382
201803 1.503 105.290 1.847
201806 1.248 106.317 1.519
201809 1.204 106.507 1.463
201812 1.437 105.998 1.755
201903 1.692 107.251 2.042
201906 0.918 108.070 1.099
201909 1.301 108.329 1.554
201912 1.383 108.420 1.651
202003 1.607 108.902 1.910
202006 1.399 108.767 1.665
202009 1.001 109.815 1.180
202012 1.856 109.897 2.186
202103 1.887 111.754 2.185
202106 1.284 114.631 1.450
202109 1.707 115.734 1.909
202112 1.097 117.630 1.207
202203 2.346 121.301 2.503
202206 1.305 125.017 1.351
202209 1.395 125.227 1.442
202212 1.884 125.222 1.947
202303 2.904 127.348 2.951
202306 0.662 128.729 0.666
202309 1.788 129.860 1.782
202312 2.558 129.419 2.558

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.


Ansys  (NAS:ANSS) 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.


Ansys Cyclically Adjusted Price-to-FCF Related Terms

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


Ansys (ANSS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ansys Inc (NAS:ANSS) » Definitions » Cyclically Adjusted Price-to-FCF
Address
2600 ANSYS Drive, Canonsburg, PA, USA, 15317
Ansys is an engineering software company that provides simulation capabilities for structural, fluids, semiconductor power, embedded software, optical, and electromagnetic properties. Ansys employs over 4,000 people and serves over 50,000 customers globally, including those in aerospace defense and automotive.
Executives
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Ajei Gopal director CA, INC., ONE CA PLAZA, ISLANDIA NY 11749
Janet Lee officer: VP, General Counsel 2600 ANSYS DRIVE, CANONSBURG PA 15317
Barbara Vaughn Scherer director 337 ENCINAL ST, SANTA CRUZ CA 95060
Shane Emswiler officer: VP and General Manager 225 WEST STATION SQUARE DRIVE, STE 200, PITTSBURGH PA 15219
Walter Hearn officer: SVP, World Sales & Cust. Exc. 2600 ANSYS DRIVE, CANONSBURG PA 15317
Claire Bramley director HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Richard S. Mahoney officer: VP, WORLDWIDE SALES & SUPPORT 2600 ANSYS DRIVE, CANONSBURG PA 15317
Maria T Shields officer: CFO 2600 ANSYS DRIVE, CANONSBURG PA 15317
Anil Chakravarthy director C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Alec D. Gallimore director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Jim Frankola director C/O CLOUDERA INC, 1001 PAGE MILL ROAD, BLDG. 3, PALO ALTO CA 94089
Matthew C. Zack officer: VP, Marketing/Corp Development 2600 ANSYS DRIVE, CANONSBURG PA 15317
Nicole Anasenes director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Robert Calderoni director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309

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