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SmartMetric (SmartMetric) Cyclically Adjusted FCF per Share : $-0.01 (As of Mar. 2024)


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What is SmartMetric 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.

SmartMetric's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.002. 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 $-0.01 for the trailing ten years ended in Mar. 2024.

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 SmartMetric was 20.60% per year. The lowest was 20.60% per year. And the median was 20.60% per year.

As of today (2024-06-21), SmartMetric's current stock price is $0.00015. SmartMetric's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.01. SmartMetric's Cyclically Adjusted Price-to-FCF of today is .


SmartMetric Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SmartMetric'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.

SmartMetric Cyclically Adjusted FCF per Share Chart

SmartMetric 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 -0.01 -0.01 - - -

SmartMetric 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 - - - - -0.01

Competitive Comparison of SmartMetric's Cyclically Adjusted FCF per Share

For the Software - Infrastructure subindustry, SmartMetric'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.


SmartMetric's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



SmartMetric 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, SmartMetric'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)
=-0.002/131.7762*131.7762
=-0.002

Current CPI (Mar. 2024) = 131.7762.

SmartMetric Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.004 100.560 -0.005
201409 -0.003 100.428 -0.004
201412 0.000 99.070 0.000
201503 -0.001 99.621 -0.001
201506 -0.001 100.684 -0.001
201509 -0.001 100.392 -0.001
201512 -0.001 99.792 -0.001
201603 -0.001 100.470 -0.001
201606 -0.001 101.688 -0.001
201609 -0.001 101.861 -0.001
201612 -0.001 101.863 -0.001
201703 -0.001 102.862 -0.001
201706 -0.001 103.349 -0.001
201709 -0.001 104.136 -0.001
201712 -0.001 104.011 -0.001
201803 -0.001 105.290 -0.001
201806 -0.001 106.317 -0.001
201809 -0.001 106.507 -0.001
201812 0.000 105.998 0.000
201903 -0.001 107.251 -0.001
201906 -0.001 108.070 -0.001
201909 -0.001 108.329 -0.001
201912 -0.001 108.420 -0.001
202003 0.000 108.902 0.000
202006 -0.001 108.767 -0.001
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 -0.001 115.734 -0.001
202112 -0.001 117.630 -0.001
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000
202403 -0.002 131.776 -0.002

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


SmartMetric  (OTCPK:SMME) 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.


SmartMetric Cyclically Adjusted FCF per Share Related Terms

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


SmartMetric (SmartMetric) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89109
SmartMetric Inc is engaged in the technology industry. It holds the license to biometric smart card technology. The company has developed a fingerprint sensor-activated payment card and a security card with a finger sensor and a fully functional fingerprint reader embedded inside the card. The cards have a rechargeable battery allowing for portable biometric identification and card activation. Its product offerings include Touch & Pay card, Smart Security card, Smart Identity card, Smart health records card, and smart driver's license.
Executives
Elizabeth Ryba director 78 BROWN ROAD, SCARSDALE NY 10583
Hendrick Colin director, 10 percent owner, officer: President and CEO 9195 COLLINS AVENUE, #302, SURFSIDE FL 33154
Jay Needleman officer: Chief Financial Officer 520 WEST 47TH STREET, MIAMI BEACH FL 33140
Peter Sleep director, officer: Secretary 3 BERNADETTE COURT, EAST DONCASTER C3 3109
Joseph Katzman director 790 MONTGOMERY STREET, BROOKLYN NY 11213

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