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Enghouse Systems (TSX:ENGH) Cyclically Adjusted Price-to-FCF : 15.31 (As of May. 24, 2024)


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What is Enghouse Systems Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Enghouse Systems's current share price is C$28.93. Enghouse Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was C$1.89. Enghouse Systems's Cyclically Adjusted Price-to-FCF for today is 15.31.

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

TSX:ENGH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.31   Med: 41.59   Max: 72.69
Current: 15.32

During the past years, Enghouse Systems's highest Cyclically Adjusted Price-to-FCF was 72.69. The lowest was 15.31. And the median was 41.59.

TSX:ENGH's Cyclically Adjusted Price-to-FCF is ranked better than
74.24% of 656 companies
in the Software industry
Industry Median: 29.52 vs TSX:ENGH: 15.32

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.

Enghouse Systems's adjusted free cash flow per share data for the three months ended in Jan. 2024 was C$0.353. 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 C$1.89 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enghouse Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enghouse Systems'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.

Enghouse Systems Cyclically Adjusted Price-to-FCF Chart

Enghouse Systems Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.76 51.63 36.88 17.90 17.33

Enghouse Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 22.83 21.03 16.34 17.33 19.81

Competitive Comparison of Enghouse Systems's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Enghouse Systems'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.


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

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

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



Enghouse Systems 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.93/1.89
=15.31

* 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.

Enghouse Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Enghouse Systems's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.353/125.0724*125.0724
=0.353

Current CPI (Jan. 2024) = 125.0724.

Enghouse Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.256 98.920 0.324
201407 0.307 99.315 0.387
201410 0.129 99.473 0.162
201501 0.307 98.209 0.391
201504 0.219 99.710 0.275
201507 0.156 100.579 0.194
201510 0.197 100.500 0.245
201601 0.100 100.184 0.125
201604 0.353 101.370 0.436
201607 0.284 101.844 0.349
201610 0.268 102.002 0.329
201701 0.177 102.318 0.216
201704 0.317 103.029 0.385
201707 0.454 103.029 0.551
201710 0.523 103.424 0.632
201801 0.412 104.056 0.495
201804 0.393 105.320 0.467
201807 0.522 106.110 0.615
201810 0.426 105.952 0.503
201901 0.436 105.557 0.517
201904 0.383 107.453 0.446
201907 0.242 108.243 0.280
201910 0.380 107.927 0.440
202001 0.353 108.085 0.408
202004 1.018 107.216 1.188
202007 0.987 108.401 1.139
202010 0.614 108.638 0.707
202101 0.355 109.192 0.407
202104 0.689 110.851 0.777
202107 0.591 112.431 0.657
202110 0.425 113.695 0.468
202201 0.436 114.801 0.475
202204 0.547 118.357 0.578
202207 0.522 120.964 0.540
202210 0.327 121.517 0.337
202301 0.527 121.596 0.542
202304 0.342 123.571 0.346
202307 0.698 124.914 0.699
202310 0.502 125.310 0.501
202401 0.353 125.072 0.353

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.


Enghouse Systems  (TSX:ENGH) 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.


Enghouse Systems Cyclically Adjusted Price-to-FCF Related Terms

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


Enghouse Systems (TSX:ENGH) Business Description

Industry
Traded in Other Exchanges
Address
80 Tiverton Court, Suite 800, Markham, ON, CAN, L3R 0G4
Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm's operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. It earns majority of its revenue from Interactive Management Group. The firm has operations in Canada, the United States, the United Kingdom, Europe, excluding Scandinavia, Germany, Asia-Pacific and other.
Executives
Sam Anidjar Senior Officer

Enghouse Systems (TSX:ENGH) Headlines

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