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ClearSign Technologies (ClearSign Technologies) Cyclically Adjusted FCF per Share : $-0.51 (As of Dec. 2023)


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What is ClearSign Technologies Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

ClearSign Technologies's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.040. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.51 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of ClearSign Technologies was 1.90% per year. The lowest was 1.20% per year. And the median was 1.55% per year.

As of today (2024-04-29), ClearSign Technologies's current stock price is $0.7401. ClearSign Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.51. ClearSign Technologies's Cyclically Adjusted Price-to-FCF of today is .


ClearSign Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ClearSign Technologies's Cyclically Adjusted FCF per Share 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.

ClearSign Technologies Cyclically Adjusted FCF per Share Chart

ClearSign Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.57 -0.54 -0.56 -0.55 -0.51

ClearSign Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -0.55 -0.54 - -0.52 -0.51

Competitive Comparison of ClearSign Technologies's Cyclically Adjusted FCF per Share

For the Pollution & Treatment Controls subindustry, ClearSign Technologies'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.


ClearSign Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ClearSign Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ClearSign Technologies Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, ClearSign Technologies'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)
=-0.04/129.4194*129.4194
=-0.040

Current CPI (Dec. 2023) = 129.4194.

ClearSign Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.219 99.695 -0.284
201406 -0.184 100.560 -0.237
201409 -0.155 100.428 -0.200
201412 -0.152 99.070 -0.199
201503 -0.192 99.621 -0.249
201506 -0.126 100.684 -0.162
201509 -0.150 100.392 -0.193
201512 -0.132 99.792 -0.171
201603 -0.241 100.470 -0.310
201606 -0.194 101.688 -0.247
201609 -0.140 101.861 -0.178
201612 -0.177 101.863 -0.225
201703 -0.161 102.862 -0.203
201706 -0.132 103.349 -0.165
201709 -0.125 104.136 -0.155
201712 -0.145 104.011 -0.180
201803 -0.111 105.290 -0.136
201806 -0.133 106.317 -0.162
201809 -0.073 106.507 -0.089
201812 -0.083 105.998 -0.101
201903 -0.082 107.251 -0.099
201906 -0.077 108.070 -0.092
201909 -0.059 108.329 -0.070
201912 -0.057 108.420 -0.068
202003 -0.055 108.902 -0.065
202006 -0.063 108.767 -0.075
202009 -0.041 109.815 -0.048
202012 -0.062 109.897 -0.073
202103 -0.052 111.754 -0.060
202106 -0.069 114.631 -0.078
202109 -0.061 115.734 -0.068
202112 -0.039 117.630 -0.043
202203 -0.048 121.301 -0.051
202206 -0.056 125.017 -0.058
202209 -0.025 125.227 -0.026
202212 -0.020 125.222 -0.021
202303 -0.015 127.348 -0.015
202306 0.000 128.729 0.000
202309 -0.034 129.860 -0.034
202312 -0.040 129.419 -0.040

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


ClearSign Technologies  (NAS:CLIR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


ClearSign Technologies Cyclically Adjusted FCF per Share Related Terms

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


ClearSign Technologies (ClearSign Technologies) Business Description

Traded in Other Exchanges
Address
8023 East 63rd Place, Suite 101, Tulsa, OK, USA, 74133
ClearSign Technologies Corp is engaged in providing solutions to some of the pressing productivity, energy efficiency, and pollution problems affecting the energy, oil, and gas production, boiler, and processing industries. It believes that its patented ClearSign Core technology can enhance the performance of combustion systems in a broad range of markets, including the energy (upstream oil production and downstream refining), institutional, commercial, and industrial boiler, chemical, and petrochemical industries. The company offers products that include process burners, boiler burners, flares, and ClearSign Eye.
Executives
Lacy Catharine De director 6 VILLAGE NORTH DR, #107, HILTON HEAD SC 29926
Gary J. Dielsi director 18 PIERREPONT DRIVE, RIDGEFIELD CT 06877
Hoffman Robert Thurston Sr director, 10 percent owner 119 WARREN AVENUE, SPRING LAKE NJ 07762
Bruce Alan Pate director 23235 WALLING RD., GEYSERVILLE CA 95441
Brent Hinds officer: VP and Controller 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Judith S Schrecker director 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Susanne Meline director P.O. BOX 515381, #86506, LOS ANGELES CA 90051
Deller Colin James officer: Chief Executive Officer C/O CLEARSIGN COMBUSTION CORP., 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Donald W Kendrick officer: Chief Technology Officer 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Brian Grant Fike officer: Chief Financial Officer 12755 SE 73RD PLACE, NEWCASTLE WA 98056-1315
Stephen Michael Sock officer: SVP, Business Development 4025 RAVENSWAY CT, PEARLAND TX 77584
Lon E Bell director C/O AMERIGON INC, 5462 IRWINDALE AVENUE, IRWINDALE CA 91706
James M Simmons director
Clirspv Llc 10 percent owner 119 WARREN AVE, 3RD FLOOR, SPRING LAKE NJ 07762-1217
Princeton Opportunity Management Llc 10 percent owner 119 WARREN AVE, 3RD FLOOR, SPRING LAKE NJ 07762