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Raytheon Co (Raytheon Co) Cyclically Adjusted FCF per Share : $0.00 (As of Dec. 2019)


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What is Raytheon Co 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.

Raytheon Co's adjusted free cash flow per share for the three months ended in Dec. 2019 was $8.887. 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 $0.00 for the trailing ten years ended in Dec. 2019.

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.

As of today (2024-05-25), Raytheon Co's current stock price is $116.96. Raytheon Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2019 was $0.00. Raytheon Co's Cyclically Adjusted Price-to-FCF of today is .


Raytheon Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Raytheon Co'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.

Raytheon Co Cyclically Adjusted FCF per Share Chart

Raytheon Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted FCF per Share
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Raytheon Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of Raytheon Co's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Raytheon Co'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.


Raytheon Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Raytheon Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Raytheon Co 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, Raytheon Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2019 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=8.887/108.4201*108.4201
=8.887

Current CPI (Dec. 2019) = 108.4201.

Raytheon Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201003 0.520 91.821 0.614
201006 0.831 91.962 0.980
201009 0.879 92.162 1.034
201012 1.935 92.474 2.269
201103 -0.169 94.283 -0.194
201106 -0.470 95.235 -0.535
201109 2.126 95.727 2.408
201112 3.337 95.213 3.800
201203 0.074 96.783 0.083
201206 -1.047 96.819 -1.172
201209 3.093 97.633 3.435
201212 2.532 96.871 2.834
201303 1.112 98.209 1.228
201306 -0.338 98.518 -0.372
201309 2.546 98.790 2.794
201312 3.037 98.326 3.349
201403 1.963 99.695 2.135
201406 0.316 100.560 0.341
201409 1.085 100.428 1.171
201412 2.413 99.070 2.641
201503 -0.039 99.621 -0.042
201506 0.900 100.684 0.969
201509 3.267 100.392 3.528
201512 2.134 99.792 2.318
201603 0.547 100.470 0.590
201606 2.164 101.688 2.307
201609 1.733 101.861 1.845
201612 3.078 101.863 3.276
201703 -0.488 102.862 -0.514
201706 2.295 103.349 2.408
201709 0.766 104.136 0.798
201712 4.774 104.011 4.976
201803 0.184 105.290 0.189
201806 3.453 106.317 3.521
201809 -2.231 106.507 -2.271
201812 7.724 105.998 7.901
201903 -2.463 107.251 -2.490
201906 2.301 108.070 2.308
201909 3.726 108.329 3.729
201912 8.887 108.420 8.887

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


Raytheon Co  (NYSE:RTN) 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.


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.


Raytheon Co Cyclically Adjusted FCF per Share Related Terms

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


Raytheon Co (Raytheon Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
870 Winter Street, Waltham, MA, USA, 02451
Raytheon is a U.S. defense contractor that posted just over $27 billion in sales during 2018. It operates through five segments: integrated defense systems, intelligence and information, missile systems, space and airborne systems, and a cybersecurity business branded Forcepoint. Sales to the U.S. government account for about 70% of consolidated revenue. Based in Waltham, Massachusetts, Raytheon employs more than 60,000 people.
Executives
William Spivey director
Letitia A Long director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
David C Wajsgras officer: Vice President 870 WINTER STREET, WALTHAM MA 02451
Marta R Stewart director C/O NORFOLK SOUTHERN CORP, THREE COMMERCIAL PL, NORFOLK VA 23510-9219
Frank R Jimenez officer: VP, General Counsel, Secretary GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061
Michael J Wood officer: VP, Controller & CAO 870 WINTER STREET, WALTHAM MA 02451
Ellen M Pawlikowski director 870 WINTER STREET, WALTHAM MA 02451
Robert O Work director 870 WINTER STREET, WALTHAM MA 02451
Tracy A Atkinson director MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Roy Azevedo officer: Vice President 870 WINTER STREET, WALTHAM MA 02451
Wesley D Kremer officer: Vice President 870 WINTER STREET, WALTHAM MA 02451
Thomas A Kennedy director, officer: Chairman and CEO 870 WINTER STREET, WALTHAM MA 02451
George Oliver director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Winnefeld James A Jr director 870 WINTER STREET, WALTHAM MA 02451
Robert E Beauchamp director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827

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