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Global Payments (FRA:GLO) Cyclically Adjusted Price-to-FCF : 17.56 (As of Jun. 06, 2024)


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What is Global Payments Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Global Payments's current share price is €89.40. Global Payments's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €5.09. Global Payments's Cyclically Adjusted Price-to-FCF for today is 17.56.

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

FRA:GLO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.93   Med: 36.27   Max: 85.63
Current: 17.63

During the past years, Global Payments's highest Cyclically Adjusted Price-to-FCF was 85.63. The lowest was 15.93. And the median was 36.27.

FRA:GLO's Cyclically Adjusted Price-to-FCF is ranked better than
50.95% of 367 companies
in the Business Services industry
Industry Median: 18.14 vs FRA:GLO: 17.63

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.

Global Payments's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.967. 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 €5.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Payments Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Global Payments'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.

Global Payments Cyclically Adjusted Price-to-FCF Chart

Global Payments Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.60 63.05 32.58 20.26 24.05

Global Payments 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 20.62 18.59 21.04 24.05 23.92

Competitive Comparison of Global Payments's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Global Payments'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.


Global Payments's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Payments's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Global Payments 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=89.40/5.09
=17.56

* 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.

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

For example, Global Payments'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)
=0.967/131.7762*131.7762
=0.967

Current CPI (Mar. 2024) = 131.7762.

Global Payments Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.591 100.373 -0.776
201408 -0.447 100.352 -0.587
201411 1.630 99.635 2.156
201502 0.633 99.032 0.842
201505 0.318 100.333 0.418
201508 3.400 100.548 4.456
201511 -0.563 100.135 -0.741
201602 2.790 100.040 3.675
201605 -2.001 101.355 -2.602
201608 0.658 101.617 0.853
201611 -0.024 101.829 -0.031
201703 1.511 102.862 1.936
201706 -0.404 103.349 -0.515
201709 0.245 104.136 0.310
201712 0.565 104.011 0.716
201803 1.220 105.290 1.527
201806 0.876 106.317 1.086
201809 0.545 106.507 0.674
201812 2.148 105.998 2.670
201903 0.978 107.251 1.202
201906 -0.341 108.070 -0.416
201909 5.290 108.329 6.435
201912 -0.195 108.420 -0.237
202003 0.998 108.902 1.208
202006 1.243 108.767 1.506
202009 1.309 109.815 1.571
202012 1.812 109.897 2.173
202103 1.448 111.754 1.707
202106 1.056 114.631 1.214
202109 2.286 115.734 2.603
202112 1.874 117.630 2.099
202203 1.523 121.301 1.655
202206 1.361 125.017 1.435
202209 0.723 125.227 0.761
202212 1.970 125.222 2.073
202303 1.552 127.348 1.606
202306 1.399 128.729 1.432
202309 0.923 129.860 0.937
202312 1.747 129.419 1.779
202403 0.967 131.776 0.967

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.


Global Payments  (FRA:GLO) 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.


Global Payments Cyclically Adjusted Price-to-FCF Related Terms

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


Global Payments (FRA:GLO) Business Description

Traded in Other Exchanges
Address
3550 Lenox Road, Atlanta, GA, USA, 30326
Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.