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VOXX International (FRA:VOX) Cyclically Adjusted FCF per Share : €0.09 (As of Nov. 2023)


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What is VOXX International 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.

VOXX International's adjusted free cash flow per share for the three months ended in Nov. 2023 was €-0.012. 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 €0.09 for the trailing ten years ended in Nov. 2023.

During the past 12 months, VOXX International's average Cyclically Adjusted FCF Growth Rate was -75.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -27.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -19.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -7.00% 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 VOXX International was 113.80% per year. The lowest was -27.40% per year. And the median was -0.05% per year.

As of today (2024-05-14), VOXX International's current stock price is €5.45. VOXX International's Cyclically Adjusted FCF per Share for the quarter that ended in Nov. 2023 was €0.09. VOXX International's Cyclically Adjusted Price-to-FCF of today is 60.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of VOXX International was 219.40. The lowest was 2.69. And the median was 10.43.


VOXX International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for VOXX International'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.

VOXX International Cyclically Adjusted FCF per Share Chart

VOXX International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.57 0.57 0.38 0.24

VOXX International Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.34 0.24 0.10 0.05 0.09

Competitive Comparison of VOXX International's Cyclically Adjusted FCF per Share

For the Consumer Electronics subindustry, VOXX International'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.


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

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

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



VOXX International 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, VOXX International's adjusted Free Cash Flow per Share data for the three months ended in Nov. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.012/129.5481*129.5481
=-0.012

Current CPI (Nov. 2023) = 129.5481.

VOXX International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 0.587 99.057 0.768
201405 0.734 100.373 0.947
201408 -0.212 100.352 -0.274
201411 0.088 99.635 0.114
201502 0.354 99.032 0.463
201505 -0.147 100.333 -0.190
201508 -0.136 100.548 -0.175
201511 0.519 100.135 0.671
201602 0.076 100.040 0.098
201605 -0.324 101.355 -0.414
201608 -0.120 101.617 -0.153
201611 -0.444 101.829 -0.565
201702 0.380 102.779 0.479
201705 -0.089 103.256 -0.112
201708 -1.215 103.587 -1.520
201711 -0.272 104.072 -0.339
201802 0.416 105.052 0.513
201805 0.108 106.148 0.132
201808 -0.128 106.383 -0.156
201811 0.233 106.338 0.284
201902 0.426 106.649 0.517
201905 0.131 108.048 0.157
201908 -0.653 108.245 -0.782
201911 -0.436 108.519 -0.520
202002 0.839 109.139 0.996
202005 0.443 108.175 0.531
202008 -0.444 109.662 -0.525
202011 -0.169 109.793 -0.199
202102 1.318 110.968 1.539
202105 -0.593 113.576 -0.676
202108 0.363 115.421 0.407
202111 -0.205 117.269 -0.226
202202 0.224 119.703 0.242
202205 -0.916 123.323 -0.962
202208 -1.006 124.958 -1.043
202211 -0.107 125.607 -0.110
202302 0.367 126.928 0.375
202305 0.171 128.314 0.173
202308 -0.130 129.538 -0.130
202311 -0.012 129.548 -0.012

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


VOXX International  (FRA:VOX) 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.

VOXX International's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.45/0.09
=60.56

* 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 VOXX International was 219.40. The lowest was 2.69. And the median was 10.43.


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.


VOXX International Cyclically Adjusted FCF per Share Related Terms

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


VOXX International (FRA:VOX) Business Description

Industry
Traded in Other Exchanges
Address
2351 J. Lawson Boulevard, Orlando, FL, USA, 32824
VOXX International Corp manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics industries. The consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio and other consumer electronic products. Automotive products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Biometric products, primarily consisting of finished goods, are sold to retail and commercial customers.

VOXX International (FRA:VOX) Headlines

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