GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trimble Inc (NAS:TRMB) » Definitions » Cyclically Adjusted FCF per Share

Trimble (Trimble) Cyclically Adjusted FCF per Share : $2.14 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Trimble 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.

Trimble's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.358. 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 $2.14 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Trimble's average Cyclically Adjusted FCF Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% 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 Trimble was 81.70% per year. The lowest was 10.00% per year. And the median was 16.80% per year.

As of today (2024-04-29), Trimble's current stock price is $60.67. Trimble's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.14. Trimble's Cyclically Adjusted Price-to-FCF of today is 28.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Trimble was 54.88. The lowest was 18.18. And the median was 31.19.


Trimble Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Trimble'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.

Trimble Cyclically Adjusted FCF per Share Chart

Trimble 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 1.39 1.61 1.90 2.02 2.14

Trimble 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 2.02 2.12 2.14 2.17 2.14

Competitive Comparison of Trimble's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, Trimble'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.


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

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

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



Trimble 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, Trimble'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)
=0.358/129.4194*129.4194
=0.358

Current CPI (Dec. 2023) = 129.4194.

Trimble Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.264 99.695 0.343
201406 0.438 100.560 0.564
201409 0.311 100.428 0.401
201412 0.319 99.070 0.417
201503 0.368 99.621 0.478
201506 0.309 100.684 0.397
201509 0.245 100.392 0.316
201512 0.286 99.792 0.371
201603 0.431 100.470 0.555
201606 0.291 101.688 0.370
201609 0.330 101.861 0.419
201612 0.543 101.863 0.690
201703 0.384 102.862 0.483
201706 0.543 103.349 0.680
201709 0.226 104.136 0.281
201712 0.351 104.011 0.437
201803 0.256 105.290 0.315
201806 0.663 106.317 0.807
201809 0.394 106.507 0.479
201812 0.343 105.998 0.419
201903 0.524 107.251 0.632
201906 0.606 108.070 0.726
201909 0.481 108.329 0.575
201912 0.429 108.420 0.512
202003 0.552 108.902 0.656
202006 0.536 108.767 0.638
202009 0.653 109.815 0.770
202012 0.697 109.897 0.821
202103 0.856 111.754 0.991
202106 0.747 114.631 0.843
202109 0.615 115.734 0.688
202112 0.553 117.630 0.608
202203 0.548 121.301 0.585
202206 0.139 125.017 0.144
202209 0.302 125.227 0.312
202212 0.401 125.222 0.414
202303 0.813 127.348 0.826
202306 0.521 128.729 0.524
202309 0.536 129.860 0.534
202312 0.358 129.419 0.358

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


Trimble  (NAS:TRMB) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=60.67/2.14
=28.35

* 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 Trimble was 54.88. The lowest was 18.18. And the median was 31.19.


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.


Trimble Cyclically Adjusted FCF per Share Related Terms

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


Trimble (Trimble) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trimble Inc (NAS:TRMB) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
10368 Westmoor Dr, Westminister, CO, USA, 80021
Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies. Its products portfolio includes 3D laser scanning, flow and application control systems, monitoring systems, water management, and navigation infrastructure. It also manufactures laser and optics-based products, and GPS products. The company serves various industries which include agriculture, architecture, civil engineering, survey and land administration, construction, geospatial among others. The company operates in four reportable segments namely, Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. It derives most of its revenues from the US and Europe with the rest coming from the Asia Pacific and other markets.
Executives
Robert G Painter officer: CFO C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Peter Large officer: Senior Vice President 935 STEWART DRIVE, SUNNYVALE CA 94085
Darryl R Matthews officer: SVP & Sector Head C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Mark S Peek director 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Kaigham Gabriel director C/O TRIMBLE INC., 935 STEWART DR, SUNNYVALE CA 94085
Ronald Bisio officer: Sr. Vice President C/O TRIMBLE INC., 935 STEWARD DR., SUNNYVALE CA 94085
Jennifer Allison officer: Corporate VP, General Counsel 10368 WESTMOOR DRIVE, WESTMINSTER CO 80021
James Calvin Dalton director 2065 COURTHOUSE ROAD, STAFFORD VA 22554
Jennifer Lin officer: Chief Platform Officer 935 STEWART DRIVE, SUNNYVALE CA 94085
James A Kirkland officer: Vice President C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
James Joel Langley officer: Sr. Vice President 935 STEWART DRIVE, SUNNYVALE CA 94085
Thomas W Sweet director ONE DELL WAY, ROUND ROCK TX 78682
Sandra Macquillan director P.O. BOX 619100, DALLAS TX 75261-9100
Bryn Fosburgh officer: VP, Geomatics & Engineering C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Steven W Berglund officer: President & CEO C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085

Trimble (Trimble) Headlines

From GuruFocus

Q1 2022 Trimble Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2022 Trimble Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Trimble Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Trimble Inc M&A Call Transcript

By GuruFocus Research 01-23-2024