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DeFi Technologies (NEOE:DEFI) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is DeFi Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


DeFi Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DeFi Technologies'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.

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DeFi Technologies Cyclically Adjusted Price-to-FCF Chart

DeFi Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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DeFi Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of DeFi Technologies's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, DeFi 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.


DeFi Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DeFi Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DeFi Technologies 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.

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

For example, DeFi 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)
=-0.201/126.2576*126.2576
=-0.201

Current CPI (Mar. 2024) = 126.2576.

DeFi Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.005 99.473 -0.006
201409 -0.001 99.394 -0.001
201412 0.000 98.367 0.000
201503 -0.002 99.789 -0.003
201506 0.000 100.500 0.000
201509 -0.003 100.421 -0.004
201512 -0.007 99.947 -0.009
201603 -0.056 101.054 -0.070
201606 -0.023 102.002 -0.028
201609 -0.085 101.765 -0.105
201612 -0.010 101.449 -0.012
201703 -0.004 102.634 -0.005
201706 0.001 103.029 0.001
201709 -0.003 103.345 -0.004
201712 -0.042 103.345 -0.051
201803 0.015 105.004 0.018
201806 -0.032 105.557 -0.038
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.002 106.979 0.002
201906 -0.002 107.690 -0.002
201909 0.000 107.611 0.000
201912 0.000 107.769 0.000
202003 0.000 107.927 0.000
202006 -0.013 108.401 -0.015
202009 -0.001 108.164 -0.001
202012 -0.032 108.559 -0.037
202103 -0.012 110.298 -0.014
202106 -0.546 111.720 -0.617
202109 -0.311 112.905 -0.348
202112 -0.732 113.774 -0.812
202203 -0.313 117.646 -0.336
202206 -0.082 120.806 -0.086
202209 -0.050 120.648 -0.052
202212 0.015 120.964 0.016
202303 -0.066 122.702 -0.068
202306 -0.001 124.203 -0.001
202309 -0.112 125.230 -0.113
202312 -0.204 125.072 -0.206
202403 -0.201 126.258 -0.201

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.


DeFi Technologies  (NEOE:DEFI) 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.


DeFi Technologies Cyclically Adjusted Price-to-FCF Related Terms

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DeFi Technologies (NEOE:DEFI) Business Description

Traded in Other Exchanges
Address
198 Davenport Road, Toronto, ON, CAN, M5R 1J2
DeFi Technologies Inc formerly Valour Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies, and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets and offering node management of decentralized protocols to support governance, security and transaction validation. The Company has 3 operating business segments; Canada, Bermuda, and the Cayman Islands.
Executives
Wouter Witvoet Senior Officer

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