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CVD Equipment (FRA:0V3) Cyclically Adjusted FCF per Share : €-0.33 (As of Mar. 2024)


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What is CVD Equipment 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.

CVD Equipment's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.286. 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 €-0.33 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -15.80% 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 CVD Equipment was 52.80% per year. The lowest was -132.10% per year. And the median was -16.55% per year.

As of today (2024-05-17), CVD Equipment's current stock price is €4.10. CVD Equipment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.33. CVD Equipment's Cyclically Adjusted Price-to-FCF of today is .


CVD Equipment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CVD Equipment'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.

CVD Equipment Cyclically Adjusted FCF per Share Chart

CVD Equipment 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 -0.23 -0.34 -0.50 -0.35 -0.30

CVD Equipment 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 -0.33 -0.29 -0.30 -0.30 -0.33

Competitive Comparison of CVD Equipment's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, CVD Equipment'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.


CVD Equipment's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CVD Equipment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CVD Equipment 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, CVD Equipment'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)
=-0.286/131.7762*131.7762
=-0.286

Current CPI (Mar. 2024) = 131.7762.

CVD Equipment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.282 100.560 -0.370
201409 0.239 100.428 0.314
201412 0.098 99.070 0.130
201503 -0.629 99.621 -0.832
201506 0.402 100.684 0.526
201509 0.434 100.392 0.570
201512 -0.018 99.792 -0.024
201603 -0.081 100.470 -0.106
201606 0.172 101.688 0.223
201609 0.347 101.861 0.449
201612 0.840 101.863 1.087
201703 -0.470 102.862 -0.602
201706 0.436 103.349 0.556
201709 -0.551 104.136 -0.697
201712 -1.672 104.011 -2.118
201803 -0.097 105.290 -0.121
201806 0.325 106.317 0.403
201809 -0.161 106.507 -0.199
201812 -0.335 105.998 -0.416
201903 -0.003 107.251 -0.004
201906 -0.339 108.070 -0.413
201909 -0.232 108.329 -0.282
201912 0.285 108.420 0.346
202003 -0.150 108.902 -0.182
202006 -0.037 108.767 -0.045
202009 -0.130 109.815 -0.156
202012 -0.039 109.897 -0.047
202103 -0.201 111.754 -0.237
202106 -0.046 114.631 -0.053
202109 -0.230 115.734 -0.262
202112 -0.095 117.630 -0.106
202203 -0.219 121.301 -0.238
202206 -0.156 125.017 -0.164
202209 -0.042 125.227 -0.044
202212 0.349 125.222 0.367
202303 -0.471 127.348 -0.487
202306 0.321 128.729 0.329
202309 0.093 129.860 0.094
202312 -0.032 129.419 -0.033
202403 -0.286 131.776 -0.286

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


CVD Equipment  (FRA:0V3) 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.


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.


CVD Equipment Cyclically Adjusted FCF per Share Related Terms

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


CVD Equipment (FRA:0V3) Business Description

Industry
Traded in Other Exchanges
Address
355 South Technology Drive, Central Islip, NY, USA, 11722
CVD Equipment Corp is engaged in the manufacturing of chemical vapor deposition equipment, customized gas control systems, the manufacturing of process equipment suitable for the synthesis of a variety of one-dimensional nanostructures and nanomaterials and a line of furnaces, all of which are used to produce semiconductors and other electronic components. The company operates through the segments of CVD Equipment, CVD materials, and Stainless Design Concepts (SDC). It generates maximum revenue from the CVD Equipment segment. The CVD Equipment segment manufactures and sells chemical vapor deposition, physical vapor transport, and similar equipment.

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