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Ebix (STU:EWZ) Cyclically Adjusted Price-to-FCF : 0.19 (As of May. 24, 2024)


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What is Ebix Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Ebix's current share price is €0.35. Ebix's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €1.88. Ebix's Cyclically Adjusted Price-to-FCF for today is 0.19.

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

STU:EWZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.21   Med: 18.28   Max: 57.55
Current: 0.21

During the past years, Ebix's highest Cyclically Adjusted Price-to-FCF was 57.55. The lowest was 0.21. And the median was 18.28.

STU:EWZ's Cyclically Adjusted Price-to-FCF is ranked better than
99.39% of 656 companies
in the Software industry
Industry Median: 29.52 vs STU:EWZ: 0.21

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.

Ebix's adjusted free cash flow per share data for the three months ended in Sep. 2023 was €-0.263. 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 €1.88 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ebix Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ebix'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.

Ebix Cyclically Adjusted Price-to-FCF Chart

Ebix Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.49 18.89 19.60 14.82 9.36

Ebix Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 9.04 9.36 6.18 11.93 4.80

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

For the Software - Application subindustry, Ebix'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.


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

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

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



Ebix 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.35/1.88
=0.19

* 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.

Ebix's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Ebix's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.263/129.8595*129.8595
=-0.263

Current CPI (Sep. 2023) = 129.8595.

Ebix Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.359 98.326 0.474
201403 0.195 99.695 0.254
201406 0.083 100.560 0.107
201409 0.156 100.428 0.202
201412 0.437 99.070 0.573
201503 -0.337 99.621 -0.439
201506 0.327 100.684 0.422
201509 0.338 100.392 0.437
201512 0.495 99.792 0.644
201603 0.252 100.470 0.326
201606 0.506 101.688 0.646
201609 0.531 101.861 0.677
201612 0.847 101.863 1.080
201703 0.368 102.862 0.465
201706 0.348 103.349 0.437
201709 0.445 104.136 0.555
201712 0.665 104.011 0.830
201803 0.624 105.290 0.770
201806 0.327 106.317 0.399
201809 0.768 106.507 0.936
201812 0.073 105.998 0.089
201903 0.506 107.251 0.613
201906 -0.336 108.070 -0.404
201909 1.314 108.329 1.575
201912 -0.067 108.420 -0.080
202003 0.794 108.902 0.947
202006 0.794 108.767 0.948
202009 0.311 109.815 0.368
202012 0.676 109.897 0.799
202103 0.181 111.754 0.210
202106 0.276 114.631 0.313
202109 0.363 115.734 0.407
202112 0.759 117.630 0.838
202203 -0.189 121.301 -0.202
202206 0.433 125.017 0.450
202209 0.626 125.227 0.649
202212 0.898 125.222 0.931
202303 0.116 127.348 0.118
202306 -0.115 128.729 -0.116
202309 -0.263 129.860 -0.263

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.


Ebix  (STU:EWZ) 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.


Ebix Cyclically Adjusted Price-to-FCF Related Terms

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


Ebix (STU:EWZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ebix Inc (STU:EWZ) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1 Ebix Way, Johns Creek, GA, USA, 30097
Ebix Inc is a provider of enterprise cloud e-commerce solutions for the insurance, finance, and healthcare industries. The company derives its revenues primarily from its financial transaction fees, software subscription, and transaction fees, software license fees, risk compliance solutions services fees, and professional service fees, including associated fees for consulting, implementation, training, and project management provided to customers with installed systems and applications. These exchanges connect multiple entities within the insurance and healthcare markets, enabling participants to carry and process data from one entity to another. Ebix generates the majority of its revenue from India.

Ebix (STU:EWZ) Headlines

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