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PowerFleet (PowerFleet) Cyclically Adjusted FCF per Share : $-0.19 (As of Sep. 2023)


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What is PowerFleet 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.

PowerFleet's adjusted free cash flow per share for the three months ended in Sep. 2023 was $-0.088. 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 $-0.19 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.10% 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 PowerFleet was 19.20% per year. The lowest was -3.40% per year. And the median was 2.40% per year.

As of today (2024-05-06), PowerFleet's current stock price is $4.99. PowerFleet's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $-0.19. PowerFleet's Cyclically Adjusted Price-to-FCF of today is .


PowerFleet Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PowerFleet'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.

PowerFleet Cyclically Adjusted FCF per Share Chart

PowerFleet Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.36 -0.29 -0.26 -0.19

PowerFleet Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.22 -0.19 -0.19 -0.19 -0.19

Competitive Comparison of PowerFleet's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, PowerFleet'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.


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

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

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.088/129.8595*129.8595
=-0.088

Current CPI (Sep. 2023) = 129.8595.

PowerFleet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.041 98.326 0.054
201403 -0.059 99.695 -0.077
201406 0.101 100.560 0.130
201409 -0.224 100.428 -0.290
201412 0.122 99.070 0.160
201503 -0.213 99.621 -0.278
201506 -0.471 100.684 -0.607
201509 -0.069 100.392 -0.089
201512 0.026 99.792 0.034
201603 -0.024 100.470 -0.031
201606 0.001 101.688 0.001
201609 -0.106 101.861 -0.135
201612 -0.101 101.863 -0.129
201703 0.171 102.862 0.216
201706 0.240 103.349 0.302
201709 -0.112 104.136 -0.140
201712 -0.010 104.011 -0.012
201803 -0.126 105.290 -0.155
201806 -0.078 106.317 -0.095
201809 0.181 106.507 0.221
201812 -0.092 105.998 -0.113
201903 -0.105 107.251 -0.127
201906 -0.047 108.070 -0.056
201909 -0.119 108.329 -0.143
201912 -0.122 108.420 -0.146
202003 0.079 108.902 0.094
202006 0.044 108.767 0.053
202009 -0.013 109.815 -0.015
202012 0.076 109.897 0.090
202103 0.006 111.754 0.007
202106 0.045 114.631 0.051
202109 -0.158 115.734 -0.177
202112 -0.132 117.630 -0.146
202203 -0.077 121.301 -0.082
202206 -0.056 125.017 -0.058
202209 -0.028 125.227 -0.029
202212 0.021 125.222 0.022
202303 -0.001 127.348 -0.001
202306 -0.068 128.729 -0.069
202309 -0.088 129.860 -0.088

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


PowerFleet  (NAS:PWFL) 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.


PowerFleet Cyclically Adjusted FCF per Share Related Terms

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


PowerFleet (PowerFleet) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PowerFleet Inc (NAS:PWFL) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677
PowerFleet Inc provides subscription-based wireless Internet-of-Things (IoT) and machine-to-machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, trailers, containers, cargo, light vehicles, and heavy truck fleets. The firm's systems utilize radio frequency identification, Wi-fi, satellite communications, and sensor technology to manage its assets. It operates in the segment of Wireless IoT asset management. The company has a business presence in the U. S, Israel, and other countries, of which key revenue is derived from the U.S.
Executives
David Wilson officer: Chief Financial Officer
Michael J Casey director C/O MAPICS INC, 1000WINDWARD CONCOURSE PKWY STE.100, ALPHARETTA GA 30005
Offer Lehmann officer: Chief Operating Officer C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Elchanan Maoz director 11200 SW MURRAY SCHOLLS PLACE, BEAVERTON OR 97007
Patrick John Maley officer: Chief Revenue Officer C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
James Scott Zeitunian officer: Chief Technology Officer C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Joaquin Fong officer: See "Remarks" below C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Charles Frumberg director 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Michael Brodsky director C/O NEW WORLD OPPORTUNITY PARTNERS I LLC, 1603 ORRINGTON AVE, STE 1600, EVANSTON IL 60201
Steven Mark Towe director, officer: Chief Executive Officer C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Elizabeth Elkins officer: Chief Product Officer C/O POWERFLEET, INC., 123 TICE BLVD., WOODCLIFF LAKE NJ 07677
David Mahlab director, officer: CEO International 14 HA'MELACHA STREET, ROSH HA'AYIN L3 4809133
Medhini Srinivasan director C/O POWERFLEET, INC., 123 TICE BLVD, WOODCLIFF LAKE NJ 07677
Anders Bjork director C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Ned Mavrommatis officer: Chief Financial Officer C/O ID SYSTEMS INC, ONE UNIVERSITY PLAZA, HACKENSACK NJ 07601