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Destiny Media Technologies (TSXV:DSY) Cyclically Adjusted Price-to-FCF : 125.00 (As of May. 23, 2024)


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What is Destiny Media Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Destiny Media Technologies's current share price is C$1.25. Destiny Media Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was C$0.01. Destiny Media Technologies's Cyclically Adjusted Price-to-FCF for today is 125.00.

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

TSXV:DSY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.24   Med: 41.37   Max: 135
Current: 72.82

During the past years, Destiny Media Technologies's highest Cyclically Adjusted Price-to-FCF was 135.00. The lowest was 18.24. And the median was 41.37.

TSXV:DSY's Cyclically Adjusted Price-to-FCF is ranked worse than
77.16% of 648 companies
in the Software industry
Industry Median: 29.58 vs TSXV:DSY: 72.82

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.

Destiny Media Technologies's adjusted free cash flow per share data for the three months ended in Feb. 2024 was C$-0.021. 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$0.01 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Destiny Media Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Destiny Media 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.

* Premium members only.

Destiny Media Technologies Cyclically Adjusted Price-to-FCF Chart

Destiny Media Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.22 24.41 83.97 34.65 72.92

Destiny Media Technologies Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 43.81 43.35 72.92 82.39 79.44

Competitive Comparison of Destiny Media Technologies's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Destiny Media 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.


Destiny Media Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Destiny Media 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.

Destiny Media Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.25/0.01
=125.00

* 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.

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

For example, Destiny Media Technologies's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.021/125.4675*125.4675
=-0.021

Current CPI (Feb. 2024) = 125.4675.

Destiny Media Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.013 99.394 -0.016
201408 -0.016 99.315 -0.020
201411 -0.007 99.078 -0.009
201502 -0.026 99.078 -0.033
201505 -0.017 100.263 -0.021
201508 0.003 100.579 0.004
201511 -0.030 100.421 -0.037
201602 0.006 100.421 0.007
201605 0.005 101.765 0.006
201608 -0.010 101.686 -0.012
201611 0.038 101.607 0.047
201702 -0.004 102.476 -0.005
201705 0.030 103.108 0.037
201708 0.012 103.108 0.015
201711 0.052 103.740 0.063
201802 -0.016 104.688 -0.019
201805 0.053 105.399 0.063
201808 0.025 106.031 0.030
201811 0.031 105.478 0.037
201902 0.013 106.268 0.015
201905 -0.014 107.927 -0.016
201908 0.051 108.085 0.059
201911 0.008 107.769 0.009
202002 -0.032 108.559 -0.037
202005 -0.015 107.532 -0.018
202008 0.063 108.243 0.073
202011 0.055 108.796 0.063
202102 -0.007 109.745 -0.008
202105 -0.004 111.404 -0.005
202108 -0.003 112.668 -0.003
202111 -0.016 113.932 -0.018
202202 0.004 115.986 0.004
202205 -0.064 120.016 -0.067
202208 0.027 120.569 0.028
202211 0.028 121.675 0.029
202302 -0.035 122.070 -0.036
202305 -0.018 124.045 -0.018
202308 0.020 125.389 0.020
202311 0.002 125.468 0.002
202402 -0.021 125.468 -0.021

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.


Destiny Media Technologies  (TSXV:DSY) 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.


Destiny Media Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Destiny Media Technologies (TSXV:DSY) Business Description

Traded in Other Exchanges
Address
428 - 1575 West Georgia Street, Vancouver, BC, CAN, V6G 2V3
Destiny Media Technologies Inc is a provider of secure digital content distribution and promotion solutions. The company operates solely in the digital media software segment. Its predominant services are Clipstream which enables any non-technical user to upload videos that will play on all modern web browsers and Play MPE, a digital distribution service that is used commercially by the recording industry. Destiny services are based on proprietary security, watermarking and instant play streaming media technologies. It also offers audio and video streaming solutions and secure file distribution to customers around the globe.

Destiny Media Technologies (TSXV:DSY) Headlines