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Iridium Communications (STU:6IC) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is Iridium Communications Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Iridium Communications Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Iridium Communications'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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Iridium Communications Cyclically Adjusted Price-to-FCF Chart

Iridium Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Iridium Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Iridium Communications's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Iridium Communications'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.


Iridium Communications's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Iridium Communications's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Iridium Communications 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.

Iridium Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Iridium Communications's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.422/131.7762*131.7762
=0.422

Current CPI (Mar. 2024) = 131.7762.

Iridium Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.006 100.560 -0.008
201409 0.161 100.428 0.211
201412 -1.239 99.070 -1.648
201503 0.011 99.621 0.015
201506 -0.600 100.684 -0.785
201509 -0.053 100.392 -0.070
201512 -1.812 99.792 -2.393
201603 -0.210 100.470 -0.275
201606 -0.138 101.688 -0.179
201609 -0.139 101.861 -0.180
201612 -0.831 101.863 -1.075
201703 0.110 102.862 0.141
201706 -0.443 103.349 -0.565
201709 -0.259 104.136 -0.328
201712 -0.339 104.011 -0.429
201803 -0.192 105.290 -0.240
201806 -0.379 106.317 -0.470
201809 0.036 106.507 0.045
201812 -0.457 105.998 -0.568
201903 0.106 107.251 0.130
201906 -0.301 108.070 -0.367
201909 0.470 108.329 0.572
201912 0.277 108.420 0.337
202003 0.214 108.902 0.259
202006 0.364 108.767 0.441
202009 0.406 109.815 0.487
202012 0.374 109.897 0.448
202103 0.257 111.754 0.303
202106 0.402 114.631 0.462
202109 0.501 115.734 0.570
202112 0.504 117.630 0.565
202203 0.360 121.301 0.391
202206 0.601 125.017 0.633
202209 0.588 125.227 0.619
202212 0.464 125.222 0.488
202303 0.334 127.348 0.346
202306 0.473 128.729 0.484
202309 0.443 129.860 0.450
202312 0.503 129.419 0.512
202403 0.422 131.776 0.422

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.


Iridium Communications  (STU:6IC) 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.


Iridium Communications Cyclically Adjusted Price-to-FCF Related Terms

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Iridium Communications (STU:6IC) Business Description

Traded in Other Exchanges
Address
1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102
Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.

Iridium Communications (STU:6IC) Headlines

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