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Comtech Telecommunications (FRA:CC6) Cyclically Adjusted FCF per Share : €0.63 (As of Jan. 2025)


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What is Comtech Telecommunications 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.

Comtech Telecommunications's adjusted free cash flow per share for the three months ended in Jan. 2025 was €-0.062. 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 €0.63 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Comtech Telecommunications's average Cyclically Adjusted FCF Growth Rate was -31.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -25.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -20.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -10.60% 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 Comtech Telecommunications was 58.70% per year. The lowest was -25.20% per year. And the median was 9.40% per year.

As of today (2025-05-07), Comtech Telecommunications's current stock price is €1.24. Comtech Telecommunications's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2025 was €0.63. Comtech Telecommunications's Cyclically Adjusted Price-to-FCF of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Comtech Telecommunications was 18.53. The lowest was 2.00. And the median was 9.62.


Comtech Telecommunications Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Comtech Telecommunications'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.

Comtech Telecommunications Cyclically Adjusted FCF per Share Chart

Comtech Telecommunications Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.24 1.23 0.94 0.55

Comtech Telecommunications Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.89 0.85 0.55 0.54 0.63

Competitive Comparison of Comtech Telecommunications's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Comtech Telecommunications'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.


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

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

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


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Comtech Telecommunications 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, Comtech Telecommunications's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=-0.062/134.0288*134.0288
=-0.062

Current CPI (Jan. 2025) = 134.0288.

Comtech Telecommunications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201504 0.859 99.824 1.153
201507 0.755 100.691 1.005
201510 0.244 100.346 0.326
201601 0.994 99.957 1.333
201604 -0.692 100.947 -0.919
201607 0.009 101.524 0.012
201610 0.222 101.988 0.292
201701 0.631 102.456 0.825
201704 0.645 103.167 0.838
201707 0.774 103.278 1.004
201710 0.192 104.070 0.247
201801 0.033 104.578 0.042
201804 0.643 105.708 0.815
201807 0.580 106.324 0.731
201810 -0.563 106.695 -0.707
201901 0.893 106.200 1.127
201904 1.412 107.818 1.755
201907 0.431 108.250 0.534
201910 0.153 108.577 0.189
202001 0.883 108.841 1.087
202004 0.215 108.173 0.266
202007 0.381 109.318 0.467
202010 -2.523 109.861 -3.078
202101 0.260 110.364 0.316
202104 0.071 112.673 0.084
202107 0.274 115.183 0.319
202110 0.037 116.696 0.042
202201 -0.013 118.619 -0.015
202204 -0.235 121.978 -0.258
202207 -0.435 125.002 -0.466
202210 -0.489 125.734 -0.521
202301 -0.441 126.223 -0.468
202304 0.379 127.992 0.397
202307 -0.247 128.974 -0.257
202310 -0.585 129.810 -0.604
202401 -0.991 130.124 -1.021
202404 -0.168 132.289 -0.170
202407 -0.436 132.708 -0.440
202410 -0.755 133.182 -0.760
202501 -0.062 134.029 -0.062

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


Comtech Telecommunications  (FRA:CC6) 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.

Comtech Telecommunications's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.24/0.63
=1.97

* 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 Comtech Telecommunications was 18.53. The lowest was 2.00. And the median was 9.62.


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.


Comtech Telecommunications Cyclically Adjusted FCF per Share Related Terms

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


Comtech Telecommunications Business Description

Traded in Other Exchanges
Address
305 North 54th Street, Chandler, AZ, USA, 85226
Comtech Telecommunications Corp is a provider of modern communications solution incorporated in USA. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Satellite and Space Communications and Terrestrial and Wireless Networks. It's Space and satellite is USA based providers of modems and high-power amplifiers, a market leader in troposcatter technologies, and serves some of the world's defense contractors and allied foreign governments. Terrestrial and Wireless Networks segment is a provider of next generation 911 infrastructure and solutions for state and local governments and carriers. Majority of sales are generated from Satellite and Space Communications segment.

Comtech Telecommunications Headlines

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