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Akamai Technologies (BSP:A1KA34) Cyclically Adjusted FCF per Share : R$1.66 (As of Mar. 2024)


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What is Akamai Technologies 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.

Akamai Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$0.469. 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 R$1.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Akamai Technologies's average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.90% 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 Akamai Technologies was 60.70% per year. The lowest was 9.30% per year. And the median was 15.00% per year.

As of today (2024-05-26), Akamai Technologies's current stock price is R$39.20. Akamai Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.66. Akamai Technologies's Cyclically Adjusted Price-to-FCF of today is 23.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Akamai Technologies was 61.87. The lowest was 20.39. And the median was 37.56.


Akamai Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Akamai Technologies'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.

Akamai Technologies Cyclically Adjusted FCF per Share Chart

Akamai Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.08 1.41 1.62 1.56

Akamai Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.49 1.46 1.57 1.56 1.66

Competitive Comparison of Akamai Technologies's Cyclically Adjusted FCF per Share

For the Software - Infrastructure subindustry, Akamai Technologies'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.


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

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

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



Akamai Technologies 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, Akamai Technologies'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)
=0.469/131.7762*131.7762
=0.469

Current CPI (Mar. 2024) = 131.7762.

Akamai Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.134 100.560 0.176
201409 0.109 100.428 0.143
201412 0.126 99.070 0.168
201503 -0.054 99.621 -0.071
201506 0.241 100.684 0.315
201509 0.089 100.392 0.117
201512 0.303 99.792 0.400
201603 0.189 100.470 0.248
201606 0.269 101.688 0.349
201609 0.265 101.861 0.343
201612 0.173 101.863 0.224
201703 0.077 102.862 0.099
201706 0.202 103.349 0.258
201709 0.177 104.136 0.224
201712 0.146 104.011 0.185
201803 0.125 105.290 0.156
201806 0.239 106.317 0.296
201809 0.456 106.507 0.564
201812 0.332 105.998 0.413
201903 0.036 107.251 0.044
201906 0.359 108.070 0.438
201909 0.302 108.329 0.367
201912 0.310 108.420 0.377
202003 0.019 108.902 0.023
202006 0.468 108.767 0.567
202009 0.468 109.815 0.562
202012 0.320 109.897 0.384
202103 0.241 111.754 0.284
202106 0.563 114.631 0.647
202109 0.723 115.734 0.823
202112 0.792 117.630 0.887
202203 0.231 121.301 0.251
202206 0.581 125.017 0.612
202209 0.745 125.227 0.784
202212 0.640 125.222 0.673
202303 0.031 127.348 0.032
202306 0.501 128.729 0.513
202309 0.430 129.860 0.436
202312 0.664 129.419 0.676
202403 0.469 131.776 0.469

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


Akamai Technologies  (BSP:A1KA34) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=39.20/1.66
=23.61

* 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 Akamai Technologies was 61.87. The lowest was 20.39. And the median was 37.56.


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.


Akamai Technologies Cyclically Adjusted FCF per Share Related Terms

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


Akamai Technologies (BSP:A1KA34) Business Description

Industry
Traded in Other Exchanges
Address
145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.

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