GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vicon Industries Inc (STU:VCI) » Definitions » Cyclically Adjusted Price-to-FCF

Vicon Industries (STU:VCI) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Vicon Industries Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vicon Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vicon Industries'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.

Vicon Industries Cyclically Adjusted Price-to-FCF Chart

Vicon Industries Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Vicon Industries Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 - - - - -

Competitive Comparison of Vicon Industries's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Vicon Industries'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.


Vicon Industries's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vicon Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Vicon Industries 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.

Vicon Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Vicon Industries's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-18/106.5067*106.5067
=-18.000

Current CPI (Sep. 2018) = 106.5067.

Vicon Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 626.500 88.697 752.293
200903 237.500 89.744 281.860
200906 1,032.000 91.003 1,207.814
200909 889.000 91.120 1,039.123
200912 -562.000 91.111 -656.964
201003 356.500 91.821 413.519
201006 -443.000 91.962 -513.066
201009 -53.000 92.162 -61.249
201012 112.500 92.474 129.572
201103 -138.000 94.283 -155.891
201106 -331.500 95.235 -370.737
201109 -1,934.500 95.727 -2,152.344
201112 -880.500 95.213 -984.936
201203 -288.000 96.783 -316.935
201206 643.000 96.819 707.337
201209 221.000 97.633 241.086
201212 753.000 96.871 827.900
201303 -654.500 98.209 -709.796
201306 -2,033.500 98.518 -2,198.398
201309 338.500 98.790 364.941
201312 -55.000 98.326 -59.576
201403 -543.500 99.695 -580.638
201406 -254.000 100.560 -269.022
201409 -137.000 100.428 -145.293
201412 -254.800 99.070 -273.927
201503 -728.200 99.621 -778.532
201506 -66.600 100.684 -70.452
201509 26.400 100.392 28.008
201512 -101.200 99.792 -108.009
201603 -242.800 100.470 -257.388
201606 -343.400 101.688 -359.672
201609 -17.800 101.861 -18.612
201612 101.400 101.863 106.023
201703 -336.800 102.862 -348.733
201706 -170.200 103.349 -175.400
201709 -169.800 104.136 -173.666
201712 -189.571 104.011 -194.119
201803 -232.333 105.290 -235.019
201806 36.333 106.317 36.398
201809 -18.000 106.507 -18.000

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.


Vicon Industries  (STU:VCI) 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.


Vicon Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Vicon Industries (STU:VCI) Business Description

Traded in Other Exchanges
N/A
Address
135 Fell Court, Hauppauge, NY, USA, 11788
Vicon Industries Inc is a video management software company. It develops video management software and designs and markets a wide range of video system components. The company comprises principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. Vicon operates within the electronic protection segment of the security industry. Its product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals.

Vicon Industries (STU:VCI) Headlines

No Headlines