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MIND Technology (FRA:MI70) Cyclically Adjusted FCF per Share : €0.00 (As of Jan. 2024)


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What is MIND Technology Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

MIND Technology's adjusted free cash flow per share for the three months ended in Jan. 2024 was €0.369. 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 €0.00 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.20% 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 MIND Technology was 19.90% per year. The lowest was -17.30% per year. And the median was 8.50% per year.

As of today (2024-05-27), MIND Technology's current stock price is €4.16. MIND Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €0.00. MIND Technology's Cyclically Adjusted Price-to-FCF of today is .


MIND Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MIND Technology'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.

MIND Technology Cyclically Adjusted FCF per Share Chart

MIND Technology Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.05 -4.01 -3.32 -4.06 -

MIND Technology Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -4.06 -4.10 -4.67 -4.69 -

Competitive Comparison of MIND Technology's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, MIND Technology'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.


MIND Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



MIND Technology 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, MIND Technology'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)
=0.369/130.1244*130.1244
=0.369

Current CPI (Jan. 2024) = 130.1244.

MIND Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 2.676 100.023 3.481
201407 0.218 100.520 0.282
201410 -2.609 100.176 -3.389
201501 3.020 98.604 3.985
201504 4.825 99.824 6.290
201507 2.512 100.691 3.246
201510 1.434 100.346 1.860
201601 0.759 99.957 0.988
201604 0.837 100.947 1.079
201607 0.958 101.524 1.228
201610 0.408 101.988 0.521
201701 -0.569 102.456 -0.723
201704 0.714 103.167 0.901
201707 2.007 103.278 2.529
201710 -1.511 104.070 -1.889
201801 -1.475 104.578 -1.835
201804 -2.473 105.708 -3.044
201807 -2.835 106.324 -3.470
201810 -1.729 106.695 -2.109
201901 1.512 106.200 1.853
201904 -1.628 107.818 -1.965
201907 -1.537 108.250 -1.848
201910 -2.055 108.577 -2.463
202001 -2.021 108.841 -2.416
202004 0.570 108.173 0.686
202007 -2.666 109.318 -3.173
202010 -1.380 109.861 -1.635
202101 -1.193 110.364 -1.407
202104 -1.711 112.673 -1.976
202107 -2.697 115.183 -3.047
202110 -2.606 116.696 -2.906
202201 -4.234 118.619 -4.645
202204 -2.438 121.978 -2.601
202207 0.629 125.002 0.655
202210 -0.025 125.734 -0.026
202301 -0.503 126.223 -0.519
202304 -2.013 127.992 -2.047
202307 -0.351 128.974 -0.354
202310 -1.511 129.810 -1.515
202401 0.369 130.124 0.369

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


MIND Technology  (FRA:MI70) 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.


MIND Technology Cyclically Adjusted FCF per Share Related Terms

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


MIND Technology (FRA:MI70) Business Description

Industry
Traded in Other Exchanges
Address
2002 Timberloch Place, Suite 550, The Woodlands, TX, USA, 77380
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The Company operates in segments namely, Seamap Marine Products and Klein Marine Products helps manufacture and sell specialized, high-performance sonar and seismic equipment. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; Europe, Russia & CIS; Middle East & Africa; Asia-Pacific; and Canada & Latin America.

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