GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ERF Wireless Inc (OTCPK:ERFB) » Definitions » Cyclically Adjusted Price-to-FCF

ERF Wireless (ERF Wireless) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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

What is ERF Wireless Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ERF Wireless Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ERF Wireless'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.

ERF Wireless Cyclically Adjusted Price-to-FCF Chart

ERF Wireless Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

ERF Wireless Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 ERF Wireless's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, ERF Wireless'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.


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

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

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



ERF Wireless 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.

ERF Wireless's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, ERF Wireless's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2014 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=-0.007/100.4278*100.4278
=-0.007

Current CPI (Sep. 2014) = 100.4278.

ERF Wireless Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200412 0.000 80.290 0.000
200503 0.000 81.555 0.000
200506 0.000 82.062 0.000
200509 0.000 83.876 0.000
200512 0.000 83.032 0.000
200603 0.000 84.298 0.000
200606 0.000 85.606 0.000
200609 0.000 85.606 0.000
200612 0.000 85.142 0.000
200703 0.000 86.640 0.000
200706 0.000 87.906 0.000
200709 0.000 87.964 0.000
200712 0.000 88.616 0.000
200803 0.000 90.090 0.000
200806 -3,536.842 92.320 -3,847.441
200809 -2,947.500 92.307 -3,206.813
200812 -985.000 88.697 -1,115.268
200903 -587.000 89.744 -656.879
200906 -1,090.000 91.003 -1,202.884
200909 -1,175.000 91.120 -1,295.031
200912 -1,265.000 91.111 -1,394.353
201003 -944.000 91.821 -1,032.488
201006 -413.000 91.962 -451.021
201009 -935.000 92.162 -1,018.861
201012 -281.000 92.474 -305.169
201103 -555.333 94.283 -591.526
201106 -303.333 95.235 -319.874
201109 -168.000 95.727 -176.250
201112 -337.600 95.213 -356.089
201203 -188.667 96.783 -195.772
201206 -60.714 96.819 -62.977
201209 -115.444 97.633 -118.749
201212 -22.769 96.871 -23.605
201303 -70.235 98.209 -71.822
201306 -27.042 98.518 -27.566
201309 -27.067 98.790 -27.516
201312 -2.152 98.326 -2.198
201403 -0.078 99.695 -0.079
201406 -0.033 100.560 -0.033
201409 -0.007 100.428 -0.007

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.


ERF Wireless  (OTCPK:ERFB) 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.


ERF Wireless Cyclically Adjusted Price-to-FCF Related Terms

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


ERF Wireless (ERF Wireless) Business Description

Industry
Traded in Other Exchanges
N/A
Address
13500 Noel Road, Suite 436, Dallas, TX, USA, 75240
ERF Wireless Inc provides critical infrastructure wireless broadband communications products and services to a broad spectrum of customers in primarily rural oil and gas exploration. It also provides high-quality broadband services and critical communications services to residential, oil and gas, educational, healthcare, and regional banks in rural areas utilizing. As a total comprehensive solutions provider, the group offers a wide array of critical communications services, including high-speed broadband, voice over Internet Protocol (VOIP) telephone and facsimile service, and video security. The business activities generally function in the areas of North America.