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ELST (Electronic Systems Technology) Cyclically Adjusted FCF per Share : $-0.04 (As of Sep. 2024)


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What is Electronic Systems Technology 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.

Electronic Systems Technology's adjusted free cash flow per share for the three months ended in Sep. 2024 was $-0.033. 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 $-0.04 for the trailing ten years ended in Sep. 2024.

During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -25.20% 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 Electronic Systems Technology was 14.50% per year. The lowest was -44.20% per year. And the median was -20.25% per year.

As of today (2024-12-12), Electronic Systems Technology's current stock price is $0.105. Electronic Systems Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $-0.04. Electronic Systems Technology's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Electronic Systems Technology was 52.00. The lowest was 26.00. And the median was 40.00.


Electronic Systems Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Electronic Systems Technology'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.

Electronic Systems Technology Cyclically Adjusted FCF per Share Chart

Electronic Systems Technology 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 -0.02 -0.04 -0.03 -0.03 -0.04

Electronic Systems Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.03 -0.04 -0.04 -0.04 -0.04

Competitive Comparison of Electronic Systems Technology's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Electronic Systems Technology'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.


Electronic Systems Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Electronic Systems Technology 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, Electronic Systems Technology's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.033/133.0289*133.0289
=-0.033

Current CPI (Sep. 2024) = 133.0289.

Electronic Systems Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.006 99.070 0.008
201503 -0.018 99.621 -0.024
201506 -0.019 100.684 -0.025
201509 -0.022 100.392 -0.029
201512 0.017 99.792 0.023
201603 -0.017 100.470 -0.023
201606 0.021 101.688 0.027
201609 -0.038 101.861 -0.050
201612 -0.021 101.863 -0.027
201703 0.001 102.862 0.001
201706 -0.020 103.349 -0.026
201709 -0.024 104.136 -0.031
201712 -0.010 104.011 -0.013
201803 -0.013 105.290 -0.016
201806 0.019 106.317 0.024
201809 0.004 106.507 0.005
201812 -0.007 105.998 -0.009
201903 -0.027 107.251 -0.033
201906 0.010 108.070 0.012
201909 -0.025 108.329 -0.031
201912 -0.015 108.420 -0.018
202003 -0.026 108.902 -0.032
202006 -0.015 108.767 -0.018
202009 -0.031 109.815 -0.038
202012 0.013 109.897 0.016
202103 0.021 111.754 0.025
202106 0.049 114.631 0.057
202109 -0.018 115.734 -0.021
202112 -0.026 117.630 -0.029
202203 0.010 121.301 0.011
202206 -0.025 125.017 -0.027
202209 -0.003 125.227 -0.003
202212 0.009 125.222 0.010
202303 -0.032 127.348 -0.033
202306 -0.013 128.729 -0.013
202309 0.008 129.860 0.008
202312 0.013 129.419 0.013
202403 -0.010 131.776 -0.010
202406 -0.022 132.554 -0.022
202409 -0.033 133.029 -0.033

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


Electronic Systems Technology  (OTCPK:ELST) 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 Electronic Systems Technology was 52.00. The lowest was 26.00. And the median was 40.00.


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.


Electronic Systems Technology Cyclically Adjusted FCF per Share Related Terms

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


Electronic Systems Technology Business Description

Traded in Other Exchanges
N/A
Address
415 N. Roosevelt Street, STE B1, Kennewick, WA, USA, 99336
Electronic Systems Technology Inc is engaged in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. It designs, develops, manufactures, and markets industrial wireless products and accessories. The company's products provide communication solutions for applications underutilized by conventional, commercial-grade communication systems. It offers product lines in markets for process automation in commercial, industrial, and government arenas domestically as well as internationally.
Executives
Daniel M. Tolley director C/O ELECTRONIC SYSTEMS TECHNOLOGY, INC., 415 N. ROOSEVELT ST., STE B1, KENNEWICH WA 99336
Michael William Eller director, officer: President 415 N QUAY, BLDG B1, KENNEWICK WA 99336
Partners Lllp Edco 10 percent owner 4605 S DENICE DR, ENGLEWOOD CO 80111
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Theodore Deinard director C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216
Donald E. Siecke director, 10 percent owner 12441 W 49TH AVE., UNIT 4, WHEAT RIDGE CO 80033
Thomas J. Schaefer director 6800 EAST HIGHLAND AVE, SCOTTSDALE AZ 85251
Vern D Kornelsen director, 10 percent owner 4605 S. DENICE DR, ENGLEWOOD CO 80111
Electronic Systems Technology Inc director, officer: Secretary/Treasurer 415 N. ROOSEVELT ST., STE B1, KENNEWICK WA 99336
Hummingbird Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp 10 percent owner, other: see footnote #1 C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022

Electronic Systems Technology Headlines

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