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Corpay (STU:07G0) Cyclically Adjusted Price-to-FCF : 20.67 (As of May. 22, 2024)


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What is Corpay Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Corpay's current share price is €253.00. Corpay's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €12.24. Corpay's Cyclically Adjusted Price-to-FCF for today is 20.67.

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

STU:07G0' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.35   Med: 30.86   Max: 53
Current: 20.68

During the past years, Corpay's highest Cyclically Adjusted Price-to-FCF was 53.00. The lowest was 16.35. And the median was 30.86.

STU:07G0's Cyclically Adjusted Price-to-FCF is ranked better than
64.41% of 649 companies
in the Software industry
Industry Median: 29.5 vs STU:07G0: 20.68

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.

Corpay's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €3.865. 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 €12.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corpay Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Corpay'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.

Corpay Cyclically Adjusted Price-to-FCF Chart

Corpay 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 46.14 35.22 24.27 17.58 21.90

Corpay 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 17.89 21.56 21.98 21.90 22.87

Competitive Comparison of Corpay's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, Corpay'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.


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

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

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



Corpay 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=253.00/12.24
=20.67

* 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.

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

For example, Corpay'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)
=3.865/131.7762*131.7762
=3.865

Current CPI (Mar. 2024) = 131.7762.

Corpay Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.860 100.560 1.127
201409 1.379 100.428 1.809
201412 2.517 99.070 3.348
201503 0.583 99.621 0.771
201506 1.164 100.684 1.523
201509 2.960 100.392 3.885
201512 2.119 99.792 2.798
201603 1.048 100.470 1.375
201606 0.714 101.688 0.925
201609 1.637 101.861 2.118
201612 2.855 101.863 3.693
201703 0.580 102.862 0.743
201706 1.162 103.349 1.482
201709 1.867 104.136 2.363
201712 2.079 104.011 2.634
201803 1.613 105.290 2.019
201806 0.508 106.317 0.630
201809 2.407 106.507 2.978
201812 3.133 105.998 3.895
201903 2.806 107.251 3.448
201906 2.308 108.070 2.814
201909 2.251 108.329 2.738
201912 3.431 108.420 4.170
202003 4.122 108.902 4.988
202006 3.729 108.767 4.518
202009 3.881 109.815 4.657
202012 2.245 109.897 2.692
202103 0.571 111.754 0.673
202106 2.456 114.631 2.823
202109 2.177 115.734 2.479
202112 6.086 117.630 6.818
202203 -1.645 121.301 -1.787
202206 1.437 125.017 1.515
202209 4.755 125.227 5.004
202212 3.457 125.222 3.638
202303 10.545 127.348 10.912
202306 -1.147 128.729 -1.174
202309 0.489 129.860 0.496
202312 14.510 129.419 14.774
202403 3.865 131.776 3.865

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.


Corpay  (STU:07G0) 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.


Corpay Cyclically Adjusted Price-to-FCF Related Terms

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


Corpay (STU:07G0) Business Description

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3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305
Fleetcor Technologies Inc is a provider of specialised payment products. The company offers fleet cards, food cards, corporate lodging discount cards, and other specialised payment services. Fleetcor's systems enable its customers to manage and control their commercial payments and loyalty-card programmes. Customers include commercial fleet operators, major oil companies, petroleum marketers, and government entities. Further, Fleetcor offers customised analysis solutions to its clients, offering business productivity tracking capabilities. United States is the largest geographic operating segment.

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