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Gartner (STU:GGRA) Cyclically Adjusted Price-to-FCF : 49.77 (As of Jun. 02, 2024)


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What is Gartner Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Gartner's current share price is €381.20. Gartner's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €7.66. Gartner's Cyclically Adjusted Price-to-FCF for today is 49.77.

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

STU:GGRA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.85   Med: 45.22   Max: 66.53
Current: 50.93

During the past years, Gartner's highest Cyclically Adjusted Price-to-FCF was 66.53. The lowest was 25.85. And the median was 45.22.

STU:GGRA's Cyclically Adjusted Price-to-FCF is ranked worse than
67.65% of 677 companies
in the Software industry
Industry Median: 28.27 vs STU:GGRA: 50.93

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.

Gartner's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.936. 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 €7.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gartner Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gartner'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.

Gartner Cyclically Adjusted Price-to-FCF Chart

Gartner 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 47.82 40.43 61.20 49.93 57.13

Gartner 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 46.46 47.02 44.25 57.13 57.84

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

For the Information Technology Services subindustry, Gartner'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.


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

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

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



Gartner 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=381.20/7.66
=49.77

* 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.

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

For example, Gartner'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)
=1.936/131.7762*131.7762
=1.936

Current CPI (Mar. 2024) = 131.7762.

Gartner Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.025 100.560 1.343
201409 1.008 100.428 1.323
201412 0.530 99.070 0.705
201503 -0.063 99.621 -0.083
201506 1.393 100.684 1.823
201509 1.106 100.392 1.452
201512 0.757 99.792 1.000
201603 0.073 100.470 0.096
201606 1.379 101.688 1.787
201609 1.158 101.861 1.498
201612 0.794 101.863 1.027
201703 -0.448 102.862 -0.574
201706 0.811 103.349 1.034
201709 1.070 104.136 1.354
201712 -0.113 104.011 -0.143
201803 -0.133 105.290 -0.166
201806 1.408 106.317 1.745
201809 2.090 106.507 2.586
201812 -0.164 105.998 -0.204
201903 0.151 107.251 0.186
201906 1.825 108.070 2.225
201909 1.831 108.329 2.227
201912 0.293 108.420 0.356
202003 0.314 108.902 0.380
202006 3.183 108.767 3.856
202009 2.161 109.815 2.593
202012 2.167 109.897 2.598
202103 1.364 111.754 1.608
202106 5.400 114.631 6.208
202109 3.318 115.734 3.778
202112 2.252 117.630 2.523
202203 1.647 121.301 1.789
202206 4.609 125.017 4.858
202209 3.568 125.227 3.755
202212 1.950 125.222 2.052
202303 1.670 127.348 1.728
202306 4.743 128.729 4.855
202309 3.564 129.860 3.617
202312 2.275 129.419 2.316
202403 1.936 131.776 1.936

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.


Gartner  (STU:GGRA) 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.


Gartner Cyclically Adjusted Price-to-FCF Related Terms

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


Gartner (STU:GGRA) Business Description

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56 Top Gallant Road, P.O. Box 10212, Stamford, CT, USA, 06902-7700
Based in Stamford, Conn., Gartner provides independent research and analysis on information technology and other related technology industries. Its research is delivered to clients' desktops in the form of reports, briefings, and updates. Typical clients are chief information officers and other business executives who help plan companies' IT budgets. Gartner also provides consulting services and hosted nearly 80 IT conferences across the globe in 2007.

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