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Scientific Industries (Scientific Industries) Cyclically Adjusted FCF per Share : $-0.25 (As of Dec. 2023)


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What is Scientific Industries 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.

Scientific Industries's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.133. 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 $-0.25 for the trailing ten years ended in Dec. 2023.

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 Scientific Industries was 15.90% per year. The lowest was -51.00% per year. And the median was -1.40% per year.

As of today (2024-04-27), Scientific Industries's current stock price is $1.75. Scientific Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.25. Scientific Industries's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Scientific Industries was 557.50. The lowest was 10.36. And the median was 16.00.


Scientific Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Scientific Industries'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.

Scientific Industries Cyclically Adjusted FCF per Share Chart

Scientific Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.21 0.02 -0.07 -0.25

Scientific Industries 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 -0.11 -0.17 -0.22 -0.22 -0.25

Competitive Comparison of Scientific Industries's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, Scientific 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.


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

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

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



Scientific Industries 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, Scientific Industries'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)
=-0.133/129.4194*129.4194
=-0.133

Current CPI (Dec. 2023) = 129.4194.

Scientific Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.181 99.695 -0.235
201406 0.152 100.560 0.196
201409 -0.189 100.428 -0.244
201412 -0.124 99.070 -0.162
201503 0.141 99.621 0.183
201506 0.221 100.684 0.284
201509 -0.034 100.392 -0.044
201512 -0.088 99.792 -0.114
201603 -0.058 100.470 -0.075
201606 0.699 101.688 0.890
201609 -0.107 101.861 -0.136
201612 -0.207 101.863 -0.263
201703 0.431 102.862 0.542
201706 -0.108 103.349 -0.135
201709 0.048 104.136 0.060
201712 -0.183 104.011 -0.228
201803 -0.015 105.290 -0.018
201806 0.278 106.317 0.338
201809 0.306 106.507 0.372
201812 -0.050 105.998 -0.061
201903 -0.032 107.251 -0.039
201906 0.396 108.070 0.474
201909 -0.234 108.329 -0.280
201912 -0.133 108.420 -0.159
202003 -0.205 108.902 -0.244
202006 0.216 108.767 0.257
202009 -0.175 109.815 -0.206
202012 -0.290 109.897 -0.342
202103 -0.519 111.754 -0.601
202106 -0.245 114.631 -0.277
202109 -0.129 115.734 -0.144
202112 -0.205 117.630 -0.226
202203 -0.292 121.301 -0.312
202206 -0.277 125.017 -0.287
202209 -0.232 125.227 -0.240
202212 -0.211 125.222 -0.218
202303 -0.256 127.348 -0.260
202306 -0.282 128.729 -0.284
202309 -0.168 129.860 -0.167
202312 -0.133 129.419 -0.133

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


Scientific Industries  (OTCPK:SCND) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Scientific Industries was 557.50. The lowest was 10.36. And the median was 16.00.


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.


Scientific Industries Cyclically Adjusted FCF per Share Related Terms

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


Scientific Industries (Scientific Industries) Business Description

Industry
Traded in Other Exchanges
N/A
Address
80 Orville Drive, Suite 102, Bohemia, NY, USA, 11716
Scientific Industries Inc is engaged in the design, manufacture, and marketing of benchtop laboratory equipment. Its products are used for research purposes by universities, pharmaceutical companies, pharmacies, national laboratories, medical device manufacturers, petrochemical companies, and other industries performing laboratory-scale research. The company's operating segment includes Benchtop Laboratory Equipment, Bioprocessing Systems and Corporate. It generates maximum revenue from the Benchtop Laboratory Equipment segment. The company offers equipment products such as mixers, shakers, stirrers, refrigerated incubators, pharmacy balances and scales, force gauges, catalyst instruments, reactor systems, and high throughput systems.
Executives
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Marcus Frampton director, 10 percent owner 800 F STREET, UNIT #P2, JUNEAU AK 99801
Jurgen Walter Schumacher director WARTAWEIL 14, HERRSCHING 2M 82211
Reginald Averilla officer: Chief Financial Officer 175-20 WEXFORD TERRACE, APT 2X, JAMAICA NY 11432
Joseph G Cremonese director C/O SCIENTIFIC INDUSTRIES INC, 70 ORVILLE DR, BOHEMIA NY 11716
John A Moore director 403 MARSH LANE, WILMINGTON DE 19807
Helena R Santos director, officer: President and CEO
Veradace Partners Lp 10 percent owner 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
James B Polk officer: Chief Commercial Officer 7550 GLEN RIDGE DRIVE, CASTLE PINES CO 80101
Roy T Eddleman 10 percent owner 110 W. GEORGE BURNS ROAD, SUITE D-4018, LOS ANGELES CA 90048
Lyon Polk 10 percent owner 1585 BROADWAY, 22ND FLOOR, NEW YORK NY 10036
Christopher T Cox 10 percent owner CADWALADER, WICKERSHAM & TAFT LLP, ONE WORLD FINANCIAL CENTER, NEW YORK NY 10281
Robert Nichols officer: Secretary C/O SCIENTIFIC INDUSTRIES, INC., 70 ORVILLE DRIVE, BOHEMIA NY 11716
Watkins John F F director 469 PUMPKIN LANE, CLINTON CORNERS NY 12514
Karl Nowosielski officer: President-Division C/O SCIENTIFIC INDUSTRIES, 70 ORVILLE DRIVE, BOHEMIA NY 11716