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NTG Clarity Networks (TSXV:NCI) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is NTG Clarity Networks Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


NTG Clarity Networks Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NTG Clarity Networks'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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NTG Clarity Networks Cyclically Adjusted Price-to-FCF Chart

NTG Clarity Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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NTG Clarity Networks 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 NTG Clarity Networks's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, NTG Clarity Networks'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.


NTG Clarity Networks's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



NTG Clarity Networks 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.

NTG Clarity Networks's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, NTG Clarity Networks's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.002/125.2304*125.2304
=0.002

Current CPI (Sep. 2023) = 125.2304.

NTG Clarity Networks Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.257 96.945 0.332
201403 -0.382 98.604 -0.485
201406 -0.186 99.473 -0.234
201409 -0.061 99.394 -0.077
201412 0.195 98.367 0.248
201503 0.105 99.789 0.132
201506 -0.205 100.500 -0.255
201509 -0.172 100.421 -0.214
201512 -0.155 99.947 -0.194
201603 -0.068 101.054 -0.084
201606 -0.109 102.002 -0.134
201609 0.032 101.765 0.039
201612 -0.013 101.449 -0.016
201703 -0.050 102.634 -0.061
201706 0.011 103.029 0.013
201709 0.006 103.345 0.007
201712 -0.011 103.345 -0.013
201803 0.026 105.004 0.031
201806 0.008 105.557 0.009
201809 0.034 105.636 0.040
201812 -0.004 105.399 -0.005
201903 -0.013 106.979 -0.015
201906 -0.001 107.690 -0.001
201909 0.006 107.611 0.007
201912 0.037 107.769 0.043
202003 0.037 107.927 0.043
202006 -0.007 108.401 -0.008
202009 -0.002 108.164 -0.002
202012 0.034 108.559 0.039
202103 0.001 110.298 0.001
202106 -0.010 111.720 -0.011
202109 -0.039 112.905 -0.043
202112 0.044 113.774 0.048
202203 0.016 117.646 0.017
202206 -0.002 120.806 -0.002
202209 0.005 120.648 0.005
202212 0.013 120.964 0.013
202303 0.002 122.702 0.002
202306 0.001 124.203 0.001
202309 0.002 125.230 0.002

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.


NTG Clarity Networks  (TSXV:NCI) 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.


NTG Clarity Networks Cyclically Adjusted Price-to-FCF Related Terms

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NTG Clarity Networks (TSXV:NCI) Business Description

Industry
Traded in Other Exchanges
Address
2820 Fourteenth Avenue, Suite 202, Markham, ON, CAN, L3R 0S9
NTG Clarity Networks Inc provides telecommunications engineering, Information Technology, networking, and related software solutions. It develops niche software products directed at telecom service providers and utilities markets. The company also provides professional services and managed services to the same vertical. In addition, it has also expanded into the financial and government sectors by providing products and technical resources to assist customers with projects that include digital transformation. The company`s Canadian segment is made up of activities in Canada and offices in Saudi Arabia and Oman; and the Egypt segment is a software development group that also provides professional services, offshoring services, and network services to customers in Egypt.

NTG Clarity Networks (TSXV:NCI) Headlines