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Daily Journal (STU:DJ1) Cyclically Adjusted FCF per Share : €1.15 (As of Mar. 2024)


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What is Daily Journal 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.

Daily Journal's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-2.452. 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 €1.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daily Journal's average Cyclically Adjusted FCF Growth Rate was 23.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -12.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -19.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -13.50% 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 Daily Journal was 23.50% per year. The lowest was -31.40% per year. And the median was 0.70% per year.

As of today (2024-06-10), Daily Journal's current stock price is €334.00. Daily Journal's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.15. Daily Journal's Cyclically Adjusted Price-to-FCF of today is 290.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Daily Journal was 475.13. The lowest was 25.74. And the median was 68.31.


Daily Journal Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Daily Journal'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.

Daily Journal Cyclically Adjusted FCF per Share Chart

Daily Journal Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Daily Journal 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 - - - - 1.15

Competitive Comparison of Daily Journal's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Daily Journal'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.


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

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

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



Daily Journal 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, Daily Journal'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)
=-2.452/131.7762*131.7762
=-2.452

Current CPI (Mar. 2024) = 131.7762.

Daily Journal Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.852 100.560 2.427
201409 0.371 100.428 0.487
201412 0.107 99.070 0.142
201503 2.138 99.621 2.828
201506 0.463 100.684 0.606
201509 1.996 100.392 2.620
201512 -3.428 99.792 -4.527
201603 0.241 100.470 0.316
201606 0.748 101.688 0.969
201609 0.690 101.861 0.893
201612 -1.028 101.863 -1.330
201703 -0.539 102.862 -0.691
201706 -0.894 103.349 -1.140
201709 0.472 104.136 0.597
201712 -0.519 104.011 -0.658
201803 -1.985 105.290 -2.484
201806 -1.377 106.317 -1.707
201809 2.703 106.507 3.344
201812 -1.643 105.998 -2.043
201903 -0.563 107.251 -0.692
201906 1.766 108.070 2.153
201909 1.416 108.329 1.722
201912 -2.100 108.420 -2.552
202003 -0.998 108.902 -1.208
202006 1.978 108.767 2.396
202009 2.349 109.815 2.819
202012 -1.657 109.897 -1.987
202103 -0.240 111.754 -0.283
202106 1.923 114.631 2.211
202109 2.009 115.734 2.287
202112 0.209 117.630 0.234
202203 -8.844 121.301 -9.608
202206 2.236 125.017 2.357
202209 3.377 125.227 3.554
202212 1.619 125.222 1.704
202303 -0.479 127.348 -0.496
202306 4.479 128.729 4.585
202309 4.532 129.860 4.599
202312 -0.778 129.419 -0.792
202403 -2.452 131.776 -2.452

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


Daily Journal  (STU:DJ1) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=334.00/1.15
=290.43

* 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 Daily Journal was 475.13. The lowest was 25.74. And the median was 68.31.


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.


Daily Journal Cyclically Adjusted FCF per Share Related Terms

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


Daily Journal (STU:DJ1) Business Description

Industry
Traded in Other Exchanges
Address
915 East First Street, Los Angeles, CA, USA, 90012
Daily Journal Corp publishes newspapers and websites covering California and Arizona and produces several specialized information services. The company operates in two segments: Traditional business and Journal Technologies. It also serves as a newspaper representative specializing in public notice advertising. The majority of revenue is generated from the Journal Technologies segment.

Daily Journal (STU:DJ1) Headlines

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