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Pioneer Power Solutions (Pioneer Power Solutions) Cyclically Adjusted FCF per Share : $-0.49 (As of Sep. 2023)


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What is Pioneer Power Solutions 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.

Pioneer Power Solutions's adjusted free cash flow per share for the three months ended in Sep. 2023 was $-0.208. 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 $-0.49 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -30.10% 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 Pioneer Power Solutions was -30.10% per year. The lowest was -36.40% per year. And the median was -33.25% per year.

As of today (2024-05-21), Pioneer Power Solutions's current stock price is $3.83. Pioneer Power Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $-0.49. Pioneer Power Solutions's Cyclically Adjusted Price-to-FCF of today is .


Pioneer Power Solutions Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pioneer Power Solutions'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.

Pioneer Power Solutions Cyclically Adjusted FCF per Share Chart

Pioneer Power Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.20 -0.27 -0.33 -0.44

Pioneer Power Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.44 -0.37 -0.44 -0.49

Competitive Comparison of Pioneer Power Solutions's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, Pioneer Power Solutions'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.


Pioneer Power Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Pioneer Power Solutions 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, Pioneer Power Solutions's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.208/129.8595*129.8595
=-0.208

Current CPI (Sep. 2023) = 129.8595.

Pioneer Power Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.026 98.326 -0.034
201403 -0.330 99.695 -0.430
201406 0.225 100.560 0.291
201409 0.175 100.428 0.226
201412 -0.156 99.070 -0.204
201503 -0.099 99.621 -0.129
201506 -0.151 100.684 -0.195
201509 -0.270 100.392 -0.349
201512 -0.132 99.792 -0.172
201603 -0.563 100.470 -0.728
201606 -0.855 101.688 -1.092
201609 0.346 101.861 0.441
201612 -0.091 101.863 -0.116
201703 0.065 102.862 0.082
201706 0.097 103.349 0.122
201709 -0.323 104.136 -0.403
201712 0.190 104.011 0.237
201803 0.104 105.290 0.128
201806 -0.310 106.317 -0.379
201809 0.229 106.507 0.279
201812 0.157 105.998 0.192
201903 0.093 107.251 0.113
201906 0.054 108.070 0.065
201909 -0.398 108.329 -0.477
201912 -0.405 108.420 -0.485
202003 -0.119 108.902 -0.142
202006 -0.020 108.767 -0.024
202009 -0.014 109.815 -0.017
202012 -0.262 109.897 -0.310
202103 -0.107 111.754 -0.124
202106 0.058 114.631 0.066
202109 -0.064 115.734 -0.072
202112 -0.238 117.630 -0.263
202203 0.205 121.301 0.219
202206 -0.388 125.017 -0.403
202209 -0.259 125.227 -0.269
202212 -0.303 125.222 -0.314
202303 0.136 127.348 0.139
202306 -0.179 128.729 -0.181
202309 -0.208 129.860 -0.208

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


Pioneer Power Solutions  (NAS:PPSI) 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.


Pioneer Power Solutions Cyclically Adjusted FCF per Share Related Terms

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


Pioneer Power Solutions (Pioneer Power Solutions) Business Description

Traded in Other Exchanges
N/A
Address
400 Kelby Street, 12th Floor, One Parker Plaza, Fort Lee, NJ, USA, 07024
Pioneer Power Solutions Inc manufactures, sells, and services a broad range of specialty electrical transmission, distribution, and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. Its principal products and services include custom-engineered electrical transformers, switchgear and engine-generator sets and controls, complemented by a national field-service network to maintain and repair power generation assets. Pioneer Power works in two reportable segments: Transmission and Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power). Pioneer generates most of its revenue from the United States of America.
Executives
Nathan Mazurek 10 percent owner, officer: President, CEO, Chairman C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024
Kytchener Stevenson Whyte director 400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
Wojciech Michalec officer: Interim CFO 400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
A. Lawrence Carroll Trust 10 percent owner 415 L'AMBIANCE DRIVE, APT. 804, LONGBOAT KEY FL 34228
David Tesler director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Jonathan Tulkoff director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Thomas Klink director, officer: See Remarks 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Andrew Minkow director, officer: CFO, Secretary and Treasurer 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Ian Ross director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Yossi Cohn director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
David J. Landes director, 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Pioneer Partners, L.p. 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Canada Corp. 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024

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