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


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What is Neonode Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Neonode Cyclically Adjusted Price-to-FCF Historical Data

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

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

For the Electronic Components subindustry, Neonode'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.


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

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

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



Neonode 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.

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

For example, Neonode'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)
=-0.144/130.9575*130.9575
=-0.144

Current CPI (Dec. 2023) = 130.9575.

Neonode Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.710 99.788 -0.932
201406 -0.868 100.432 -1.132
201409 -0.755 100.161 -0.987
201412 -0.689 100.225 -0.900
201503 -0.392 99.950 -0.514
201506 -0.313 99.995 -0.410
201509 -0.535 100.228 -0.699
201512 -0.747 100.276 -0.976
201603 -0.031 100.751 -0.040
201606 -0.503 101.019 -0.652
201609 -0.482 101.138 -0.624
201612 -0.546 102.022 -0.701
201703 -0.350 102.022 -0.449
201706 -0.395 102.752 -0.503
201709 -0.307 103.279 -0.389
201712 -0.154 103.793 -0.194
201803 -0.118 103.962 -0.149
201806 -0.151 104.875 -0.189
201809 -0.151 105.679 -0.187
201812 -0.107 105.912 -0.132
201903 -0.058 105.886 -0.072
201906 -0.119 106.742 -0.146
201909 -0.160 107.214 -0.195
201912 -0.072 107.766 -0.087
202003 -0.106 106.563 -0.130
202006 -0.105 107.498 -0.128
202009 -0.177 107.635 -0.215
202012 -0.182 108.296 -0.220
202103 -0.178 108.360 -0.215
202106 -0.123 108.928 -0.148
202109 -0.136 110.338 -0.161
202112 -0.207 112.486 -0.241
202203 -0.168 114.825 -0.192
202206 -0.219 118.384 -0.242
202209 -0.036 122.296 -0.039
202212 -0.081 126.365 -0.084
202303 -0.112 127.042 -0.115
202306 -0.040 129.407 -0.040
202309 -0.116 130.224 -0.117
202312 -0.144 130.958 -0.144

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.


Neonode  (NAS:NEON) 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.


Neonode Cyclically Adjusted Price-to-FCF Related Terms

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


Neonode (Neonode) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Neonode Inc (NAS:NEON) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
Karlavagen 100, Stockholm, SWE, 115 26
Neonode Inc provides optical sensing solutions for contactless touch, touch, and gesture sensing and also provides software solutions for machine perception that feature machine learning algorithms to detect and track persons and objects in video streams from cameras and other types of imagers. It markets and sells its solutions to customers in many different markets and segments including, but not limited to, office equipment, automotive, industrial automation, medical, military, and avionics. The company's business areas are Human-Machine Interaction Solutions, Human-Machine Interaction Products, and Remote Sensing Solutions.
Executives
Cecilia Edstrom director KARLAVAGEN 100, STOCKHOLM V7 115 26
Fredrik Nihlen officer: Chief Financial Officer C/O NEONODE, INC.,. 100 KARLAVAGEN, STOCKHOLM V7 115 26
Urban Forssell officer: Chief Executive Officer C/O NEONODE, STORGATAN 23C, STOCKHOLM V7 11455
Mattias Bergman director C/O NEONODE, INC., STORGATAN 23C, STOCKHOLM V7 114 55
Ek Maria Anne-lee Charlotte officer: Chief Financial Officer C/O NEONODE, INC., STORGATAN 23C, STOCKHOLM V7 114 55
Ulf Rosberg director FAFNERVAEGEN 2, DJURSHOLM V7 18266
Hakan Persson officer: Chief Executive Officer C/O NEONODE INC., STORGATAN 23C, STOCKHOLM V7 114 55
Andreas Bunge director DRAGARSTIGEN 3, SALTSJOBADEN V7 133 36
Peter Lindell 10 percent owner LILLA ERSTAGATAN 6, STOCKHOLM V7 116 28
Lars, Goran Lindqvist director ZUGERSTRASSE 20, UNTERAEGERI V8 6314
Asa Hedin director MORABERGSVAGEN 27, SALTSJOBADEN V7 133 33
Per Eriksson director VILDVINSVAGEN 5, SALTSJOBADEN V7 S-133 36
Bjorn Thomas Eriksson officer: Vice President STORANGSSTIGEN 15 C, STOCKSUND V7 18274
Mats Dahlin director LORETOHOHE 1, ZUG V8 6300
Bystedt Per Ivar Gosta director DJURGARDSVAGEN 144, STOCKHOLM V7 SE 115 21