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Koss (KOSS) Cyclically Adjusted Price-to-FCF : 19.43 (As of Apr. 30, 2024)


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What is Koss Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Koss's current share price is $2.3321. Koss's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.12. Koss's Cyclically Adjusted Price-to-FCF for today is 19.43.

The historical rank and industry rank for Koss's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

KOSS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.07   Med: 10.52   Max: 304.76
Current: 19.23

During the past years, Koss's highest Cyclically Adjusted Price-to-FCF was 304.76. The lowest was 3.07. And the median was 10.52.

KOSS's Cyclically Adjusted Price-to-FCF is ranked better than
66.04% of 960 companies
in the Hardware industry
Industry Median: 28.155 vs KOSS: 19.23

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.

Koss's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.030. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koss Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Koss'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.

Koss Cyclically Adjusted Price-to-FCF Chart

Koss Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.28 6.63 130.86 57.35 20.07

Koss 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 22.75 23.64 20.07 30.03 27.65

Competitive Comparison of Koss's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Koss'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.


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

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

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



Koss 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.

Koss's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.3321/0.12
=19.43

* 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.

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

For example, Koss'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)
=0.03/129.4194*129.4194
=0.030

Current CPI (Dec. 2023) = 129.4194.

Koss Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.040 99.695 0.052
201406 -0.055 100.560 -0.071
201409 -0.385 100.428 -0.496
201412 0.261 99.070 0.341
201503 0.040 99.621 0.052
201506 -0.006 100.684 -0.008
201509 -0.148 100.392 -0.191
201512 0.318 99.792 0.412
201603 -0.164 100.470 -0.211
201606 -0.025 101.688 -0.032
201609 -0.020 101.861 -0.025
201612 0.047 101.863 0.060
201703 -0.007 102.862 -0.009
201706 -0.043 103.349 -0.054
201709 -0.008 104.136 -0.010
201712 0.030 104.011 0.037
201803 0.150 105.290 0.184
201806 -0.066 106.317 -0.080
201809 0.093 106.507 0.113
201812 0.074 105.998 0.090
201903 0.064 107.251 0.077
201906 -0.067 108.070 -0.080
201909 -0.106 108.329 -0.127
201912 0.121 108.420 0.144
202003 -0.022 108.902 -0.026
202006 0.193 108.767 0.230
202009 -0.060 109.815 -0.071
202012 0.115 109.897 0.135
202103 -0.172 111.754 -0.199
202106 0.066 114.631 0.075
202109 -0.111 115.734 -0.124
202112 0.053 117.630 0.058
202203 -0.032 121.301 -0.034
202206 -0.028 125.017 -0.029
202209 1.186 125.227 1.226
202212 -0.130 125.222 -0.134
202303 0.007 127.348 0.007
202306 0.009 128.729 0.009
202309 -0.111 129.860 -0.111
202312 0.030 129.419 0.030

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.


Koss  (NAS:KOSS) 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.


Koss Cyclically Adjusted Price-to-FCF Related Terms

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


Koss (KOSS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Koss Corp (NAS:KOSS) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
4129 North Port Washington Avenue, Milwaukee, WI, USA, 53212
Koss Corp is engaged in the design, manufacture, and sale of stereo headphones and related accessory products. It operates in the audio/video industry segment of the home entertainment industry. The company markets a line of headphones, wireless Bluetooth headphones, wireless Bluetooth speakers, computer headsets, telecommunications headsets, and active noise-cancelling headphones. The majority of the firm's revenue is derived from sales of stereo headphones.
Executives
William Jesse Sweasy director 401 LEVEE STREET, RED WING MN 55066
Kim M. Schulte officer: Chief Financial Officer 4129 NORTH PORT WASHINGTON AVENUE, MILWAUKEE WI 53212
David Donnan Smith officer: EVP and CFO 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Koss Michael J Jr officer: VP Marketing & Product 4129 N PORT WASHINGTON AVENUE, MILWAUKEE WI 53212
Michael J Koss officer: President and CEO C/O GENIUS PRODUCTS, INC., 740 LOMAS SANTA FE, SUITE 210, SOLANA BEACH CA 92075
Koss John C Jr officer: Vice President - Sales C/O KOSS CORPORATION, 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Thomas L. Doerr director 4129 N. PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Lenore Lillie officer: VP - Operations 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Nancy Koss 2012 Trust, Dated 12/20/12 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217
Steven A Leveen director 1030 SEA SPRAY AVENUE, DELRAY BEACH FL 33483
Theodore Nixon director 100 SOUTH SPRING STREET, LOUISVILLE KY 40206
Elizabeth A Uecker officer: Secretary 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
John C Koss director 4129 NORTH PORT WASHINGTON AVE, MILWAUKEE WI 53212
Nancy L Koss 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217
Koss Family Trust, Dated 9/11/12 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217

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