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Tyco International (BUE:JCI) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Tyco International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tyco International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tyco International'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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Tyco International Cyclically Adjusted Price-to-FCF Chart

Tyco International Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Cyclically Adjusted Price-to-FCF
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Tyco International Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Tyco International's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Tyco International'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.


Tyco International's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tyco International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tyco International 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.

Tyco International's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Tyco International's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=20.303/101.0715*101.0715
=20.303

Current CPI (Jun. 2016) = 101.0715.

Tyco International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200609 262.941 93.696 283.641
200612 80.629 94.393 86.333
200703 171.410 95.689 181.052
200706 21.330 96.985 22.229
200709 24.324 97.982 25.091
200712 -11.710 98.779 -11.982
200803 -88.868 100.474 -89.397
200806 16.131 101.769 16.020
200809 29.264 102.268 28.922
200812 -3.920 99.875 -3.967
200903 22.276 97.782 23.025
200906 21.051 96.287 22.097
200909 33.094 95.589 34.992
200912 8.930 94.892 9.512
201003 19.667 94.792 20.970
201006 20.291 95.490 21.477
201009 46.110 95.988 48.552
201012 2.412 96.187 2.534
201103 21.626 97.683 22.376
201106 23.602 98.081 24.322
201109 -37.562 98.480 -38.550
201112 11.916 98.480 12.230
201203 -11.732 99.875 -11.873
201206 7.766 99.676 7.875
201209 4.037 100.075 4.077
201212 -7.352 99.676 -7.455
201303 7.361 100.374 7.412
201306 8.591 100.374 8.651
201309 17.420 100.274 17.559
201312 1.832 99.875 1.854
201403 16.729 100.573 16.812
201406 6.664 100.773 6.684
201409 22.584 100.474 22.718
201412 2.621 99.576 2.660
201503 11.463 99.975 11.589
201506 20.500 100.573 20.602
201509 -4.266 100.274 -4.300
201512 18.524 99.676 18.783
201603 7.503 99.676 7.608
201606 20.303 101.072 20.303

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.


Tyco International  (BUE:JCI) 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.


Tyco International Cyclically Adjusted Price-to-FCF Related Terms

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


Tyco International (BUE:JCI) Business Description

Traded in Other Exchanges
N/A
Address
Unit 1202 Building 1000 City Gate, Mahon, Cork, IRL, 8212
Tyco International PLC is a global provider of security products and services, fire detection and suppression products and services, and life safety products. Brand names include Tyco, Tyco Integrated Security, SimplexGrinnell, Sensormatic, Wormald, Scott, and ADT (outside North American markets). The revenue breakdown is 37% North America installation and services, 38% rest of world installation and services, and 25% global products. Tyco completed its spin-off of ADT and the flow control business in September 2012, five years after its prior three-way split.