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KVH Industries (KVH Industries) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is KVH Industries Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


KVH Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KVH Industries'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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KVH Industries Cyclically Adjusted Price-to-FCF Chart

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

For the Communication Equipment subindustry, KVH 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.


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

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

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



KVH Industries 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.

KVH Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, KVH 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)
=0.025/129.4194*129.4194
=0.025

Current CPI (Dec. 2023) = 129.4194.

KVH Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.088 99.695 -0.114
201406 0.049 100.560 0.063
201409 0.495 100.428 0.638
201412 -0.115 99.070 -0.150
201503 0.124 99.621 0.161
201506 -0.033 100.684 -0.042
201509 0.278 100.392 0.358
201512 -0.186 99.792 -0.241
201603 0.468 100.470 0.603
201606 -0.066 101.688 -0.084
201609 0.493 101.861 0.626
201612 -0.070 101.863 -0.089
201703 0.138 102.862 0.174
201706 -0.142 103.349 -0.178
201709 -0.049 104.136 -0.061
201712 -0.027 104.011 -0.034
201803 -0.262 105.290 -0.322
201806 -0.249 106.317 -0.303
201809 -0.062 106.507 -0.075
201812 -0.060 105.998 -0.073
201903 -0.238 107.251 -0.287
201906 -0.528 108.070 -0.632
201909 -0.429 108.329 -0.513
201912 -0.338 108.420 -0.403
202003 -0.356 108.902 -0.423
202006 -0.211 108.767 -0.251
202009 -0.182 109.815 -0.214
202012 -0.227 109.897 -0.267
202103 -0.010 111.754 -0.012
202106 -0.306 114.631 -0.345
202109 -0.411 115.734 -0.460
202112 -0.137 117.630 -0.151
202203 -0.428 121.301 -0.457
202206 -0.182 125.017 -0.188
202209 -0.066 125.227 -0.068
202212 0.370 125.222 0.382
202303 -0.471 127.348 -0.479
202306 0.049 128.729 0.049
202309 -0.100 129.860 -0.100
202312 0.025 129.419 0.025

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.


KVH Industries  (NAS:KVHI) 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.


KVH Industries Cyclically Adjusted Price-to-FCF Related Terms

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


KVH Industries (KVH Industries) Business Description

Industry
Traded in Other Exchanges
N/A
Address
50 Enterprise Center, Middletown, RI, USA, 02842
KVH Industries Inc is a manufacturer of solutions that provide high-speed Internet, television, and voice services through satellite to mobile users at sea and on land. The company also provides commercially licensed entertainment, including news, sports, music, and movies, to commercial and leisure customers in the maritime, hotel, and retail markets. The Company operates in a number of geographic areas, including internationally. The Revenues are generated from international locations, mainly consisting of Singapore, Canada, European Union countries and other European countries, countries in Africa, Asia/Pacific and the Middle East, and India.
Executives
Stephen H Deckoff director, 10 percent owner 1 SOUND SHORE DRIVE, SUITE 200, GREENWICH CT 06830
Black Diamond Capital Management, L.l.c. 10 percent owner 2187 ATLANTIC STREET, 9TH FLOOR, STAMFORD CT 06902
Needham Group, Inc. 10 percent owner 445 PARK AVENUE, NEW YORK NY 10022
James S Dodez director 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Cielo Hernandez director C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Jennifer Louise Baker officer: VP/CAO 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Felise Feingold officer: SVP General Counsel 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Robert J Balog officer: Chief Technology Officer` 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Brent C Bruun officer: Interim CEO 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
David B. Kagan director 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
David Tolley director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Daniel R Conway officer: EVP Inertial Navigation C/O KVH INDUSTRIES INC, 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
George A Needham 10 percent owner C/O NEEDHAM & COMPANY, LLC, 445 PARK AVE, NEW YORK NY 10022
Roger Kuebel officer: CFO 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Kits Van Heyningen Martin other: Sr. Advisor 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842

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