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Eurotech (MIL:ETH) Cyclically Adjusted Price-to-FCF : 14.93 (As of May. 19, 2024)


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What is Eurotech Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Eurotech's current share price is €1.344. Eurotech's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.09. Eurotech's Cyclically Adjusted Price-to-FCF for today is 14.93.

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

MIL:ETH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.93   Med: 42.73   Max: 157
Current: 15.62

During the past years, Eurotech's highest Cyclically Adjusted Price-to-FCF was 157.00. The lowest was 14.93. And the median was 42.73.

MIL:ETH's Cyclically Adjusted Price-to-FCF is ranked better than
68.12% of 960 companies
in the Hardware industry
Industry Median: 29.78 vs MIL:ETH: 15.62

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.

Eurotech's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.013. 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 €0.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eurotech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eurotech'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.

Eurotech Cyclically Adjusted Price-to-FCF Chart

Eurotech 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 74.76 45.86 41.08 28.24 28.66

Eurotech 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 28.24 29.01 30.32 30.11 28.66

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

For the Computer Hardware subindustry, Eurotech'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.


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

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

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



Eurotech 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.344/0.09
=14.93

* 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.

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

For example, Eurotech'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)
=0.013/119.7000*119.7000
=0.013

Current CPI (Dec. 2023) = 119.7000.

Eurotech Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.149 99.907 -0.179
201406 0.067 100.093 0.080
201409 -0.075 99.814 -0.090
201412 -0.026 99.721 -0.031
201503 -0.138 99.814 -0.165
201506 -0.072 100.279 -0.086
201509 0.033 100.000 0.040
201512 0.062 99.814 0.074
201603 -0.047 99.600 -0.056
201606 0.000 99.900 0.000
201609 -0.024 100.100 -0.029
201612 0.031 100.300 0.037
201703 -0.014 101.000 -0.017
201706 -0.079 101.100 -0.094
201709 0.047 101.200 0.056
201712 0.024 101.200 0.028
201803 0.053 101.800 0.062
201806 0.095 102.400 0.111
201809 0.064 102.600 0.075
201812 0.096 102.300 0.112
201903 -0.023 102.800 -0.027
201906 0.242 103.100 0.281
201909 0.119 102.900 0.138
201912 0.261 102.800 0.304
202003 -0.009 102.900 -0.010
202006 0.023 102.900 0.027
202009 -0.054 102.300 -0.063
202012 0.137 102.600 0.160
202103 0.074 103.700 0.085
202106 -0.052 104.200 -0.060
202109 0.002 104.900 0.002
202112 0.069 106.600 0.077
202203 -0.139 110.400 -0.151
202206 -0.013 112.500 -0.014
202209 -0.019 114.200 -0.020
202212 0.124 119.000 0.125
202303 -0.010 118.800 -0.010
202306 -0.010 119.700 -0.010
202309 0.062 120.300 0.062
202312 0.013 119.700 0.013

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.


Eurotech  (MIL:ETH) 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.


Eurotech Cyclically Adjusted Price-to-FCF Related Terms

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


Eurotech (MIL:ETH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eurotech (MIL:ETH) » Definitions » Cyclically Adjusted Price-to-FCF
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Address
Via Fratelli Solari, 3/A, Amaro, Udine, ITA, 33020
Eurotech operates in the sector of research, development, production and marketing of miniaturised, high-performance and high-energy efficiency computers for special uses named NanoPCs. The company's product offering is modular with different levels of hardware and software integration, consisting of modules (Embedded PCs) and miniaturised or non-miniaturised electronic systems (Edge gateways, Edge servers and Edge AI) that can have high processing capabilities and very high energy efficiency, as well as software platforms for the Internet of Things, currently intended for the industrial automation, transport and off-road, medical, energy-gas-water networks and telecommunications sectors.

Eurotech (MIL:ETH) Headlines