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Parkervision (Parkervision) Cyclically Adjusted FCF per Share : $-0.77 (As of Dec. 2023)


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What is Parkervision 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.

Parkervision's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.006. 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 $-0.77 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 18.50% 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 Parkervision was 22.30% per year. The lowest was -7.20% per year. And the median was 14.30% per year.

As of today (2024-05-01), Parkervision's current stock price is $0.138. Parkervision's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.77. Parkervision's Cyclically Adjusted Price-to-FCF of today is .


Parkervision Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Parkervision'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.

Parkervision Cyclically Adjusted FCF per Share Chart

Parkervision 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 -1.67 -1.37 -1.23 -1.05 -0.77

Parkervision Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.05 -0.97 -0.92 -0.87 -0.77

Competitive Comparison of Parkervision's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Parkervision'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.


Parkervision's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Parkervision 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, Parkervision's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.006/129.4194*129.4194
=-0.006

Current CPI (Dec. 2023) = 129.4194.

Parkervision Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.501 99.695 -0.650
201406 -0.443 100.560 -0.570
201409 -0.492 100.428 -0.634
201412 -0.591 99.070 -0.772
201503 -0.441 99.621 -0.573
201506 -0.423 100.684 -0.544
201509 -0.217 100.392 -0.280
201512 -0.180 99.792 -0.233
201603 -0.529 100.470 -0.681
201606 -0.260 101.688 -0.331
201609 -0.225 101.861 -0.286
201612 -0.198 101.863 -0.252
201703 -0.276 102.862 -0.347
201706 -0.217 103.349 -0.272
201709 -0.185 104.136 -0.230
201712 -0.153 104.011 -0.190
201803 -0.151 105.290 -0.186
201806 -0.113 106.317 -0.138
201809 -0.113 106.507 -0.137
201812 -0.045 105.998 -0.055
201903 -0.058 107.251 -0.070
201906 -0.029 108.070 -0.035
201909 -0.023 108.329 -0.027
201912 -0.002 108.420 -0.002
202003 -0.034 108.902 -0.040
202006 -0.037 108.767 -0.044
202009 -0.024 109.815 -0.028
202012 -0.011 109.897 -0.013
202103 -0.078 111.754 -0.090
202106 -0.015 114.631 -0.017
202109 -0.011 115.734 -0.012
202112 -0.010 117.630 -0.011
202203 -0.008 121.301 -0.009
202206 -0.009 125.017 -0.009
202209 -0.010 125.227 -0.010
202212 -0.008 125.222 -0.008
202303 0.108 127.348 0.110
202306 -0.007 128.729 -0.007
202309 -0.009 129.860 -0.009
202312 -0.006 129.419 -0.006

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


Parkervision  (OTCPK:PRKR) 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.


Parkervision Cyclically Adjusted FCF per Share Related Terms

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


Parkervision (Parkervision) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4446-1A Hendricks Avenue, Suite 354, Jacksonville, FL, USA, 32207
Parkervision Inc is in the business of innovating fundamental wireless technologies. The company designs, develop, and markets its proprietary radio frequency technologies and products for use in semiconductor circuits for mobile and other wireless applications. It also markets a consumer distributed WiFi product line under the brand name Milo. The company derives revenue from licensing of its intellectual property, settlements from patent infringement disputes, sales of products, and engineering services.
Executives
Titterton Lewis H Jr director 6 AUTUMN LANE, SARATOGA SPRINGS NY 12866
Sanford M Litvack director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER, PALO ALTO CA 94304
Cynthia Poehlman officer: Chief Financial Officer 8493 BAYMEADOWS WAY, JACKSONVILLE FL 32256
Paul A Rosenbaum director 2945 NW LURAY TERRACE, PORTLAND OR 97210
Frank N Newman director 980 FIFTH AVENUE, 3B, NEW YORK NY 10075
Jeffrey Parker director, 10 percent owner, officer: Chief Executive Officer 8493 BAYMEADOWS WAY, JACKSONVILLE FL 32256
Gregory S Rawlins officer: CTO (Heathrow) 3024 KINGFISHER PT, CHULUOTA FL 32766
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
David Freelove 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
Del Mar Asset Management, Lp 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 5230, NEW YORK NY 10165
Del Mar Master Fund, Ltd. 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
Del Mar Management, Llc 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
John Stuckey officer: Executive Vice President 7915 BAYMEADOWS WAY, SUITE 400, JACKSONVILLE FL 32256
Robert Greene Sterne director 2907 TAI DR, OAKTON VA 22124
Richard A Kashnow director 313 CONSTITUTION DR, STE 100, MENLO PARK CA 94025

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