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Perficient (Perficient) Cyclically Adjusted FCF per Share : $2.61 (As of Mar. 2024)


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What is Perficient Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Perficient's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.848. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Perficient's average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Perficient was 124.10% per year. The lowest was 11.00% per year. And the median was 14.90% per year.

As of today (2024-06-08), Perficient's current stock price is $74.28. Perficient's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.61. Perficient's Cyclically Adjusted Price-to-FCF of today is 28.46.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Perficient was 81.90. The lowest was 15.02. And the median was 25.97.


Perficient Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Perficient's Cyclically Adjusted FCF per Share 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.

Perficient Cyclically Adjusted FCF per Share Chart

Perficient Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.62 1.91 2.17 2.46

Perficient Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 2.33 2.35 2.40 2.46 2.61

Competitive Comparison of Perficient's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, Perficient'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.


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

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

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



Perficient Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Perficient'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)
=0.848/131.7762*131.7762
=0.848

Current CPI (Mar. 2024) = 131.7762.

Perficient Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.119 100.560 0.156
201409 -0.107 100.428 -0.140
201412 0.946 99.070 1.258
201503 0.220 99.621 0.291
201506 0.331 100.684 0.433
201509 0.122 100.392 0.160
201512 0.499 99.792 0.659
201603 0.078 100.470 0.102
201606 0.662 101.688 0.858
201609 0.250 101.861 0.323
201612 0.649 101.863 0.840
201703 0.368 102.862 0.471
201706 0.283 103.349 0.361
201709 0.137 104.136 0.173
201712 0.707 104.011 0.896
201803 0.094 105.290 0.118
201806 0.724 106.317 0.897
201809 0.340 106.507 0.421
201812 0.764 105.998 0.950
201903 -0.056 107.251 -0.069
201906 0.675 108.070 0.823
201909 0.327 108.329 0.398
201912 1.184 108.420 1.439
202003 -0.194 108.902 -0.235
202006 1.247 108.767 1.511
202009 0.629 109.815 0.755
202012 1.744 109.897 2.091
202103 -0.020 111.754 -0.024
202106 0.778 114.631 0.894
202109 0.161 115.734 0.183
202112 1.196 117.630 1.340
202203 0.231 121.301 0.251
202206 0.511 125.017 0.539
202209 0.994 125.227 1.046
202212 1.213 125.222 1.276
202303 1.090 127.348 1.128
202306 0.581 128.729 0.595
202309 0.602 129.860 0.611
202312 1.475 129.419 1.502
202403 0.848 131.776 0.848

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Perficient  (NAS:PRFT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Perficient's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=74.28/2.61
=28.46

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Perficient was 81.90. The lowest was 15.02. And the median was 25.97.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Perficient Cyclically Adjusted FCF per Share Related Terms

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


Perficient (Perficient) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Perficient Inc (NAS:PRFT) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
555 Maryville University Drive, Suite 600, Saint Louis, MO, USA, 63141
Perficient Inc provides a variety of information technology and consulting services that focus on digital experience, business optimization, and IT solutions. The company's services include big data analytics, technology platform implementations, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, business process management, and customer relationship management. It serves the healthcare, financial services, retail, and electronics industries. The vast majority of the company's revenue comes from the United States.
Executives
Thomas J. Hogan officer: Chief Operating Officer 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
David S Lundeen director C/O PROFICIENT INC, 7600-B N CAPITAL OF TEXAS HWY - STE 220, AUSTIN TX 78731
Jill Ackerman Jones director 850 DIXIE HWY, LOUISVILLE KY 40210
Susan L. Adomite officer: SVP, Controller & PAO 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Kevin Thomas Sheen officer: Senior Vice President 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Nancy C Pechloff director 10401 CLAYTON ROAD, ST LOUIS MO 63131
Brian L Matthews director 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
Ralph C Derrickson director 1120 S CAPITAL OF TEXAS HIGHWAY, BLDG 3 SUITE 220, AUSTIN TX 78746
Romil Bahl director 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Gary Wimberly director ONE EXPRESS WAY, ST. LOUIS MO 63121
Jeffrey S Davis officer: Chairman and CEO ONE CITYPLACE DRIVE, SUITE 190, SAINT LOUIS MO 63141
Paul E Martin officer: Chief Financial Officer CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
James R Kackley director 855 EAST MAIN AVE, ZEELAND MI 49464-0302
Kathryn J Henely officer: Chief Operating Officer 520 MARYVILLE CENTRE DR, SUITE 400, ST LOUIS MO 63141
John S Hamlin director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682