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Avistar Communications (Avistar Communications) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is Avistar Communications Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avistar Communications Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avistar Communications's Cyclically Adjusted Price-to-FCF 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.

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Avistar Communications Cyclically Adjusted Price-to-FCF Chart

Avistar Communications Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted Price-to-FCF
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Avistar Communications Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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Competitive Comparison of Avistar Communications's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Avistar Communications'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.


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

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

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



Avistar Communications Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Avistar Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2012 is calculated as:

For example, Avistar Communications's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2012 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2012 (Change)*Current CPI (Mar. 2012)
=-0.021/96.7829*96.7829
=-0.021

Current CPI (Mar. 2012) = 96.7829.

Avistar Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200206 -0.048 75.902 -0.061
200209 -0.036 76.366 -0.046
200212 -0.064 76.324 -0.081
200303 -0.064 77.716 -0.080
200306 -0.107 77.505 -0.134
200309 -0.076 78.138 -0.094
200312 -0.048 77.758 -0.060
200403 -0.053 79.066 -0.065
200406 -0.047 80.037 -0.057
200409 -0.058 80.121 -0.070
200412 0.529 80.290 0.638
200503 -0.038 81.555 -0.045
200506 -0.091 82.062 -0.107
200509 -0.062 83.876 -0.072
200512 -0.104 83.032 -0.121
200603 -0.080 84.298 -0.092
200606 -0.088 85.606 -0.099
200609 0.049 85.606 0.055
200612 -0.105 85.142 -0.119
200703 0.124 86.640 0.139
200706 -0.068 87.906 -0.075
200709 -0.118 87.964 -0.130
200712 -0.098 88.616 -0.107
200803 -0.141 90.090 -0.151
200806 -0.094 92.320 -0.099
200809 -0.038 92.307 -0.040
200812 0.013 88.697 0.014
200903 -0.034 89.744 -0.037
200906 -0.050 91.003 -0.053
200909 -0.034 91.120 -0.036
200912 -0.016 91.111 -0.017
201003 0.268 91.821 0.282
201006 -0.058 91.962 -0.061
201009 -0.076 92.162 -0.080
201012 0.011 92.474 0.012
201103 -0.072 94.283 -0.074
201106 -0.052 95.235 -0.053
201109 0.029 95.727 0.029
201112 0.065 95.213 0.066
201203 -0.021 96.783 -0.021

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


Avistar Communications  (OTCPK:AVSR) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Avistar Communications Cyclically Adjusted Price-to-FCF Related Terms

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Avistar Communications (Avistar Communications) Business Description

Traded in Other Exchanges
N/A
Address
1855 South Grant Street, 4th Floor, San Mateo, CA, USA, 94402
Avistar Communications Corp creates technology that provides the missing critical element in unified communications: bringing people in organizations face-to-face, through enhanced communications for the true collaboration anytime, anyplace. The company's solutions include Bandwidth Management, CEBP, Firewall Traversal and Enterprise Endpoints. Its products include Avistar C3 Communicator, Avistar C3 Conference, Avistar C3 Command, Avistar C3 Call Control and Avistar C3 Media Engine.
Executives
R Stephen Heinrichs director, 10 percent owner 141 CASPIAN COURT, SUNNYVALE CA 94089
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Phlcorp Holding Llc 10 percent owner 529 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Baldwin Enterprises, Inc. 10 percent owner 529 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Robert P Latta director 650 PAGE MILL ROAD, PALO ALTO CA 94304

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