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Celestica (Celestica) Cyclically Adjusted FCF per Share : $1.26 (As of Dec. 2023)


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What is Celestica 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.

Celestica's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.885. 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 $1.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Celestica's average Cyclically Adjusted FCF Growth Rate was 23.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.90% 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 Celestica was 316.00% per year. The lowest was -78.60% per year. And the median was 9.20% per year.

As of today (2024-04-27), Celestica's current stock price is $43.46. Celestica's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.26. Celestica's Cyclically Adjusted Price-to-FCF of today is 34.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Celestica was 128.44. The lowest was 4.64. And the median was 16.72.


Celestica Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Celestica'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.

Celestica Cyclically Adjusted FCF per Share Chart

Celestica 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 0.69 0.82 0.95 1.00 1.26

Celestica 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 1.00 1.04 1.12 1.16 1.26

Competitive Comparison of Celestica's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Celestica'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.


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

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

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



Celestica 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, Celestica'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)
=0.885/125.4675*125.4675
=0.885

Current CPI (Dec. 2023) = 125.4675.

Celestica Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.087 98.604 -0.111
201406 0.227 99.473 0.286
201409 0.520 99.394 0.656
201412 0.346 98.367 0.441
201503 0.129 99.789 0.162
201506 0.155 100.500 0.194
201509 0.063 100.421 0.079
201512 0.523 99.947 0.657
201603 -0.237 101.054 -0.294
201606 -0.158 102.002 -0.194
201609 0.676 101.765 0.833
201612 0.485 101.449 0.600
201703 0.070 102.634 0.086
201706 0.214 103.029 0.261
201709 -0.272 103.345 -0.330
201712 0.157 103.345 0.191
201803 -0.157 105.004 -0.188
201806 -0.284 105.557 -0.338
201809 0.244 105.636 0.290
201812 -0.150 105.399 -0.179
201903 0.378 106.979 0.443
201906 0.512 107.690 0.597
201909 0.664 107.611 0.774
201912 0.468 107.769 0.545
202003 0.550 107.927 0.639
202006 0.414 108.401 0.479
202009 0.247 108.164 0.287
202012 0.236 108.559 0.273
202103 0.281 110.298 0.320
202106 0.368 111.720 0.413
202109 0.319 112.905 0.354
202112 0.412 113.774 0.454
202203 0.152 117.646 0.162
202206 0.527 120.806 0.547
202209 0.290 120.648 0.302
202212 0.564 120.964 0.585
202303 0.322 122.702 0.329
202306 0.815 124.203 0.823
202309 0.513 125.230 0.514
202312 0.885 125.468 0.885

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


Celestica  (NYSE:CLS) 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.

Celestica's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=43.46/1.26
=34.49

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Celestica was 128.44. The lowest was 4.64. And the median was 16.72.


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.


Celestica Cyclically Adjusted FCF per Share Related Terms

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


Celestica (Celestica) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Celestica Inc (NYSE:CLS) » Definitions » Cyclically Adjusted FCF per Share
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Address
5140 Yonge Street, Suite 1900, Toronto, ON, CAN, M2N 6L7
Celestica Inc offers supply chain solutions. The company has two operating and reportable segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment consists of the ATS end market and is comprised of the Aerospace and Defense, Industrial, health tech, and Capital Equipment businesses. Its Capital Equipment business is comprised of the semiconductor, display, and robotics equipment businesses, and the CCS segment consists of Communications and Enterprise end markets, Enterprise end market is comprised of its servers and storage businesses. The company generates a majority of its revenue from the Connectivity & Cloud Solutions segment.