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PowerFleet (JSE:PWR) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is PowerFleet Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


PowerFleet Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PowerFleet'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.

PowerFleet Cyclically Adjusted Price-to-FCF Chart

PowerFleet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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PowerFleet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of PowerFleet's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, PowerFleet'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.


PowerFleet's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



PowerFleet 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.

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

For example, PowerFleet'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)
=1.508/129.4194*129.4194
=1.508

Current CPI (Dec. 2023) = 129.4194.

PowerFleet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.634 99.695 -0.823
201406 1.081 100.560 1.391
201409 -2.466 100.428 -3.178
201412 1.407 99.070 1.838
201503 -2.578 99.621 -3.349
201506 -5.792 100.684 -7.445
201509 -0.946 100.392 -1.220
201512 0.389 99.792 0.504
201603 -0.369 100.470 -0.475
201606 0.016 101.688 0.020
201609 -1.484 101.861 -1.885
201612 -1.391 101.863 -1.767
201703 2.211 102.862 2.782
201706 3.100 103.349 3.882
201709 -1.472 104.136 -1.829
201712 -0.125 104.011 -0.156
201803 -1.488 105.290 -1.829
201806 -1.035 106.317 -1.260
201809 2.666 106.507 3.240
201812 -1.315 105.998 -1.606
201903 -1.510 107.251 -1.822
201906 -0.683 108.070 -0.818
201909 -1.760 108.329 -2.103
201912 -1.761 108.420 -2.102
202003 1.313 108.902 1.560
202006 0.762 108.767 0.907
202009 -0.223 109.815 -0.263
202012 1.124 109.897 1.324
202103 0.084 111.754 0.097
202106 0.623 114.631 0.703
202109 -2.304 115.734 -2.576
202112 -2.100 117.630 -2.310
202203 -1.158 121.301 -1.236
202206 -0.884 125.017 -0.915
202209 -0.498 125.227 -0.515
202212 0.358 125.222 0.370
202303 -0.013 127.348 -0.013
202306 -1.274 128.729 -1.281
202309 -1.670 129.860 -1.664
202312 1.508 129.419 1.508

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.


PowerFleet  (JSE:PWR) 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.


PowerFleet Cyclically Adjusted Price-to-FCF Related Terms

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


PowerFleet (JSE:PWR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » PowerFleet Inc (JSE:PWR) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677
PowerFleet Inc provides subscription-based wireless Internet-of-Things (IoT) and machine-to-machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, trailers, containers, cargo, light vehicles, and heavy truck fleets. The firm's systems utilize radio frequency identification, Wi-fi, satellite communications, and sensor technology to manage its assets. It operates in the segment of Wireless IoT asset management. The company has a business presence in the U. S, Israel, and other countries, of which key revenue is derived from the U.S.