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Faro Technologies (Faro Technologies) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Faro Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Faro Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Faro Technologies'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.

* Premium members only.

Faro Technologies Cyclically Adjusted Price-to-FCF Chart

Faro Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.36 100.91 120.63 135.80 -

Faro Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 135.80 761.65 - - -

Competitive Comparison of Faro Technologies's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Faro Technologies'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.


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

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

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



Faro Technologies 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.

Faro Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Faro Technologies'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)
=0.777/129.4194*129.4194
=0.777

Current CPI (Dec. 2023) = 129.4194.

Faro Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.194 99.695 -0.252
201406 0.426 100.560 0.548
201409 -0.628 100.428 -0.809
201412 -0.422 99.070 -0.551
201503 -0.103 99.621 -0.134
201506 -0.403 100.684 -0.518
201509 0.376 100.392 0.485
201512 0.823 99.792 1.067
201603 0.646 100.470 0.832
201606 0.821 101.688 1.045
201609 -0.161 101.861 -0.205
201612 0.387 101.863 0.492
201703 -0.141 102.862 -0.177
201706 -0.379 103.349 -0.475
201709 0.029 104.136 0.036
201712 0.430 104.011 0.535
201803 -0.405 105.290 -0.498
201806 0.035 106.317 0.043
201809 0.152 106.507 0.185
201812 -0.154 105.998 -0.188
201903 0.209 107.251 0.252
201906 0.524 108.070 0.628
201909 0.155 108.329 0.185
201912 0.467 108.420 0.557
202003 0.858 108.902 1.020
202006 -0.071 108.767 -0.084
202009 -0.376 109.815 -0.443
202012 0.442 109.897 0.521
202103 -0.704 111.754 -0.815
202106 -0.189 114.631 -0.213
202109 -0.340 115.734 -0.380
202112 -0.168 117.630 -0.185
202203 -0.663 121.301 -0.707
202206 -0.011 125.017 -0.011
202209 -1.085 125.227 -1.121
202212 -0.521 125.222 -0.538
202303 -1.161 127.348 -1.180
202306 0.038 128.729 0.038
202309 -0.345 129.860 -0.344
202312 0.777 129.419 0.777

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.


Faro Technologies  (NAS:FARO) 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.


Faro Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Faro Technologies (Faro Technologies) Business Description

Industry
Traded in Other Exchanges
Address
250 Technology Park, Lake Mary, FL, USA, 32746
Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
Executives
Alexander M Davern director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Peter James Lau director, officer: President and CEO C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rotterdam Jeroen Van director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Yuval Wasserman director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Stephen Cole director 125 TECHNOLOGY PARK, LAKE MARY FL 32746
John Donofrio director ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111
Jawad A Ahsan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey D Sexton officer: Vice President of Global Sales 1519 MONTEVAL PLACE, SAN JOSE CA 95120
Rajani Ramanathan director C/O GUIDEWIRE SOFTWARE, INC., 2850 S DELAWARE STREET, S-400, SAN MATEO CA 94403
Moonhie Chin director AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Kevin Beadle officer: Senior Vice President, Sales 1601 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Katrona Tyrrell officer: Chief People Officer C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Yazid Tohme officer: Chief R&D Officer C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Allen L. Muhich officer: Chief Financial Officer 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Michael D Burger director, officer: President and CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746