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NAPCO Security Technologies (FRA:NS1) Cyclically Adjusted FCF per Share : €0.32 (As of Mar. 2024)


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What is NAPCO Security 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.

NAPCO Security Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.297. 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 €0.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NAPCO Security Technologies's average Cyclically Adjusted FCF Growth Rate was 40.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.20% 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 NAPCO Security Technologies was 91.30% per year. The lowest was -10.10% per year. And the median was 12.85% per year.

As of today (2024-06-01), NAPCO Security Technologies's current stock price is €47.62. NAPCO Security Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.32. NAPCO Security Technologies's Cyclically Adjusted Price-to-FCF of today is 148.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of NAPCO Security Technologies was 171.86. The lowest was 24.61. And the median was 59.15.


NAPCO Security Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for NAPCO Security 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.

NAPCO Security Technologies Cyclically Adjusted FCF per Share Chart

NAPCO Security Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.12 0.17 0.21 0.27

NAPCO Security Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.23 0.27 0.27 0.29 0.32

Competitive Comparison of NAPCO Security Technologies's Cyclically Adjusted FCF per Share

For the Security & Protection Services subindustry, NAPCO Security 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.


NAPCO Security Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NAPCO Security Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.297/131.7762*131.7762
=0.297

Current CPI (Mar. 2024) = 131.7762.

NAPCO Security Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.006 100.560 0.008
201409 0.043 100.428 0.056
201412 -0.016 99.070 -0.021
201503 0.021 99.621 0.028
201506 0.021 100.684 0.027
201509 0.046 100.392 0.060
201512 0.026 99.792 0.034
201603 0.053 100.470 0.070
201606 0.076 101.688 0.098
201609 0.042 101.861 0.054
201612 0.015 101.863 0.019
201703 -0.062 102.862 -0.079
201706 0.027 103.349 0.034
201709 0.022 104.136 0.028
201712 0.027 104.011 0.034
201803 0.032 105.290 0.040
201806 0.067 106.317 0.083
201809 0.062 106.507 0.077
201812 0.060 105.998 0.075
201903 -0.025 107.251 -0.031
201906 0.060 108.070 0.073
201909 0.067 108.329 0.082
201912 0.024 108.420 0.029
202003 0.038 108.902 0.046
202006 0.082 108.767 0.099
202009 0.084 109.815 0.101
202012 0.110 109.897 0.132
202103 0.167 111.754 0.197
202106 0.138 114.631 0.159
202109 0.068 115.734 0.077
202112 0.098 117.630 0.110
202203 0.005 121.301 0.005
202206 -0.010 125.017 -0.011
202209 -0.064 125.227 -0.067
202212 0.067 125.222 0.071
202303 0.242 127.348 0.250
202306 0.296 128.729 0.303
202309 0.277 129.860 0.281
202312 0.175 129.419 0.178
202403 0.297 131.776 0.297

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


NAPCO Security Technologies  (FRA:NS1) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=47.62/0.32
=148.81

* 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 NAPCO Security Technologies was 171.86. The lowest was 24.61. And the median was 59.15.


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.


NAPCO Security Technologies Cyclically Adjusted FCF per Share Related Terms

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


NAPCO Security Technologies (FRA:NS1) Business Description

Traded in Other Exchanges
Address
333 Bayview Avenue, Amityville, NY, USA, 11701
NAPCO Security Technologies Inc manufactures security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. Its products are used for various applications which includes alarm systems like automatic communicators, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors mainly used for commercial, residential, institutional, industrial and governmental uses.

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