GURUFOCUS.COM » STOCK LIST » Technology » Software » Box Inc (FRA:3BX) » Definitions » Cyclically Adjusted FCF per Share

Box (FRA:3BX) Cyclically Adjusted FCF per Share : €0.55 (As of Apr. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Box 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.

Box's adjusted free cash flow per share for the three months ended in Apr. 2024 was €0.779. 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 €0.55 for the trailing ten years ended in Apr. 2024.

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.

As of today (2024-06-10), Box's current stock price is €24.52. Box's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was €0.55. Box's Cyclically Adjusted Price-to-FCF of today is 44.58.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Box was 82.65. The lowest was 43.57. And the median was 64.03.


Box Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Box'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.

Box Cyclically Adjusted FCF per Share Chart

Box 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 - - - - 0.42

Box Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - 0.33 0.37 0.42 0.55

Competitive Comparison of Box's Cyclically Adjusted FCF per Share

For the Software - Infrastructure subindustry, Box'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.


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

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

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



Box 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, Box's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.779/131.7762*131.7762
=0.779

Current CPI (Apr. 2024) = 131.7762.

Box Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 -0.330 100.520 -0.433
201410 -0.179 100.176 -0.235
201501 -0.176 98.604 -0.235
201504 -0.327 99.824 -0.432
201507 -0.299 100.691 -0.391
201510 -0.274 100.346 -0.360
201601 -0.151 99.957 -0.199
201604 -0.107 100.947 -0.140
201607 -0.040 101.524 -0.052
201610 -0.062 101.988 -0.080
201701 0.089 102.456 0.114
201704 0.055 103.167 0.070
201707 -0.070 103.278 -0.089
201710 0.070 104.070 0.089
201801 0.093 104.578 0.117
201804 0.085 105.708 0.106
201807 -0.028 106.324 -0.035
201810 0.001 106.695 0.001
201901 0.169 106.200 0.210
201904 0.138 107.818 0.169
201907 -0.054 108.250 -0.066
201910 0.033 108.577 0.040
202001 0.074 108.841 0.090
202004 0.346 108.173 0.421
202007 0.155 109.318 0.187
202010 0.220 109.861 0.264
202101 0.283 110.364 0.338
202104 0.478 112.673 0.559
202107 0.223 115.183 0.255
202110 0.249 116.696 0.281
202201 0.272 118.619 0.302
202204 0.670 121.978 0.724
202207 0.179 125.002 0.189
202210 0.449 125.734 0.471
202301 0.465 126.223 0.485
202304 0.716 127.992 0.737
202307 0.183 128.974 0.187
202310 0.422 129.810 0.428
202401 0.540 130.124 0.547
202404 0.779 131.776 0.779

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


Box  (FRA:3BX) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24.52/0.55
=44.58

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Box was 82.65. The lowest was 43.57. And the median was 64.03.


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.


Box Cyclically Adjusted FCF per Share Related Terms

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


Box (FRA:3BX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Box Inc (FRA:3BX) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
900 Jefferson Avenue, Redwood City, CA, USA, 94063
Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file-sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature to enhance workflow management and collaboration.

Box (FRA:3BX) Headlines

No Headlines