GURUFOCUS.COM » STOCK LIST » Technology » Software » Asure Software Inc (NAS:ASUR) » Definitions » Cyclically Adjusted Price-to-FCF

Asure Software (Asure Software) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Asure Software Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asure Software Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asure Software'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.

Asure Software Cyclically Adjusted Price-to-FCF Chart

Asure Software 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 - - - - -

Asure Software Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Asure Software's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Asure Software'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.


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

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

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



Asure Software 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.

Asure Software's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Asure Software'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)
=-0.289/131.7762*131.7762
=-0.289

Current CPI (Mar. 2024) = 131.7762.

Asure Software Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.087 100.560 0.114
201409 0.132 100.428 0.173
201412 0.101 99.070 0.134
201503 -0.018 99.621 -0.024
201506 -0.002 100.684 -0.003
201509 0.132 100.392 0.173
201512 0.198 99.792 0.261
201603 -0.102 100.470 -0.134
201606 -0.072 101.688 -0.093
201609 0.038 101.861 0.049
201612 -0.228 101.863 -0.295
201703 -0.140 102.862 -0.179
201706 -0.319 103.349 -0.407
201709 0.045 104.136 0.057
201712 0.059 104.011 0.075
201803 -0.182 105.290 -0.228
201806 -0.387 106.317 -0.480
201809 -0.184 106.507 -0.228
201812 -0.185 105.998 -0.230
201903 0.149 107.251 0.183
201906 -0.166 108.070 -0.202
201909 -0.012 108.329 -0.015
201912 -0.545 108.420 -0.662
202003 -0.401 108.902 -0.485
202006 0.143 108.767 0.173
202009 -0.329 109.815 -0.395
202012 -0.323 109.897 -0.387
202103 -0.139 111.754 -0.164
202106 -0.086 114.631 -0.099
202109 -1.326 115.734 -1.510
202112 0.074 117.630 0.083
202203 -0.009 121.301 -0.010
202206 0.175 125.017 0.184
202209 -0.201 125.227 -0.212
202212 0.276 125.222 0.290
202303 0.129 127.348 0.133
202306 -0.045 128.729 -0.046
202309 0.131 129.860 0.133
202312 -0.084 129.419 -0.086
202403 -0.289 131.776 -0.289

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.


Asure Software  (NAS:ASUR) 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.


Asure Software Cyclically Adjusted Price-to-FCF Related Terms

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


Asure Software (Asure Software) Business Description

Industry
Traded in Other Exchanges
N/A
Address
405 Colorado Street, Suite 1800, Austin, TX, USA, 78701
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) solutions delivered as Software-as-a-Service (SaaS). It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its HCM products in the United States.
Executives
Patrick Goepel director, officer: Chief Executive Officer 7050 WINNETKA AVE N, SUITE 100, BROOKLYN PARK MN 55428
Eyal Goldstein officer: Chief Revenue Officer 18154 SWEET ELM DRIVE, ENCINO CA 91316
Bradford Scovill Oberwager director 340 S. LEMON AVE. #5445, WALNUT CA 91789
Bjorn Reynolds director 108 WILD BASIN RD. S., SUITE 200, AUSTIN TX 78746
Ben F Allen director C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746
Grace G. Lee director C/O CUBIC CORPORATION, 9333 BALBOA AVENUE, SAN DIEGO CA 92123
William Carl Drew director 3700 N CAPITAL OF TEXAS HWY, SUITE 350, AUSTIN TX 78746
John F Pence officer: Chief Financial Officer C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746
James Powers officer: Chief Financial Officer 2128 W. BRAKER LANE, BK12, AUSTIN TX 78758
Red Oak Partners, Llc director 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Daniel M Gill director 1560 SHERMAN AVENUE, SUITE 1200, EVANSTON IL 60201
Kelyn Brannon officer: Chief Financial Officer 300 E. RIVERSIDE DRIVE, APT. 527, AUSTIN TX 78704
Lathrop Charles W Jr director 3700 N CAPITAL OF TEXAS HWY, #350, AUSTIN TX 78746
John Randall Waterfield director 140 BROADWAY, 46TH FLOOR, NEW YORK NY 10005
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432