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Evertz Technologies (FRA:74E) Cyclically Adjusted FCF per Share : €0.78 (As of Jan. 2024)


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What is Evertz Technologies 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.

Evertz Technologies's adjusted free cash flow per share for the three months ended in Jan. 2024 was €0.263. 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 €0.78 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Evertz Technologies's average Cyclically Adjusted FCF Growth Rate was 13.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.50% 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 Evertz Technologies was 5.30% per year. The lowest was 1.80% per year. And the median was 3.15% per year.

As of today (2024-06-05), Evertz Technologies's current stock price is €9.85. Evertz Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €0.78. Evertz Technologies's Cyclically Adjusted Price-to-FCF of today is 12.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Evertz Technologies was 22.50. The lowest was 10.17. And the median was 17.67.


Evertz Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Evertz Technologies'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.

Evertz Technologies Cyclically Adjusted FCF per Share Chart

Evertz Technologies Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.69

Evertz Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - 0.69 0.76 0.74 0.78

Competitive Comparison of Evertz Technologies's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Evertz Technologies'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.


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

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

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



Evertz Technologies 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, Evertz Technologies's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.263/125.0724*125.0724
=0.263

Current CPI (Jan. 2024) = 125.0724.

Evertz Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.038 98.920 -0.048
201407 0.118 99.315 0.149
201410 -0.025 99.473 -0.031
201501 0.240 98.209 0.306
201504 0.105 99.710 0.132
201507 0.064 100.579 0.080
201510 0.205 100.500 0.255
201601 0.422 100.184 0.527
201604 0.085 101.370 0.105
201607 0.171 101.844 0.210
201610 0.093 102.002 0.114
201701 0.205 102.318 0.251
201704 0.026 103.029 0.032
201707 0.261 103.029 0.317
201710 -0.046 103.424 -0.056
201801 0.406 104.056 0.488
201804 0.077 105.320 0.091
201807 0.187 106.110 0.220
201810 -0.093 105.952 -0.110
201901 0.389 105.557 0.461
201904 0.176 107.453 0.205
201907 0.055 108.243 0.064
201910 -0.136 107.927 -0.158
202001 0.576 108.085 0.667
202004 0.376 107.216 0.439
202007 0.292 108.401 0.337
202010 0.157 108.638 0.181
202101 0.070 109.192 0.080
202104 0.262 110.851 0.296
202107 0.324 112.431 0.360
202110 -0.008 113.695 -0.009
202201 0.065 114.801 0.071
202204 0.193 118.357 0.204
202207 0.173 120.964 0.179
202210 -0.098 121.517 -0.101
202301 0.133 121.596 0.137
202304 0.224 123.571 0.227
202307 0.506 124.914 0.507
202310 0.162 125.310 0.162
202401 0.263 125.072 0.263

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


Evertz Technologies  (FRA:74E) 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.

Evertz Technologies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.85/0.78
=12.63

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Evertz Technologies was 22.50. The lowest was 10.17. And the median was 17.67.


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.


Evertz Technologies Cyclically Adjusted FCF per Share Related Terms

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


Evertz Technologies (FRA:74E) Business Description

Industry
Traded in Other Exchanges
Address
5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.

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