GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Stratasys Ltd (STU:SCY) » Definitions » Cyclically Adjusted FCF per Share

Stratasys (STU:SCY) Cyclically Adjusted FCF per Share : €-0.47 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Stratasys 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.

Stratasys's adjusted free cash flow per share for the three months ended in Dec. 2023 was €-0.165. 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 €-0.47 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -26.80% 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 Stratasys was 44.20% per year. The lowest was -102.70% per year. And the median was 8.90% per year.

As of today (2024-05-23), Stratasys's current stock price is €8.502. Stratasys's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €-0.47. Stratasys's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stratasys was 3456.00. The lowest was 241.13. And the median was 511.42.


Stratasys Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Stratasys'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.

Stratasys Cyclically Adjusted FCF per Share Chart

Stratasys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.20 -0.24 -0.36 -0.47

Stratasys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.36 -0.35 -0.41 -0.45 -0.47

Competitive Comparison of Stratasys's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Stratasys'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.


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

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

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.165/129.4194*129.4194
=-0.165

Current CPI (Dec. 2023) = 129.4194.

Stratasys Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.109 99.695 -0.141
201406 -0.124 100.560 -0.160
201409 -0.486 100.428 -0.626
201412 -0.034 99.070 -0.044
201503 -0.197 99.621 -0.256
201506 -0.808 100.684 -1.039
201509 -0.844 100.392 -1.088
201512 -0.032 99.792 -0.042
201603 0.409 100.470 0.527
201606 -0.121 101.688 -0.154
201609 -0.228 101.861 -0.290
201612 0.205 101.863 0.260
201703 0.334 102.862 0.420
201706 0.091 103.349 0.114
201709 -0.008 104.136 -0.010
201712 0.223 104.011 0.277
201803 0.290 105.290 0.356
201806 0.126 106.317 0.153
201809 -0.032 106.507 -0.039
201812 0.226 105.998 0.276
201903 -0.025 107.251 -0.030
201906 -0.144 108.070 -0.172
201909 -0.259 108.329 -0.309
201912 -0.173 108.420 -0.207
202003 0.076 108.902 0.090
202006 -0.272 108.767 -0.324
202009 -0.080 109.815 -0.094
202012 0.242 109.897 0.285
202103 0.265 111.754 0.307
202106 -0.026 114.631 -0.029
202109 -0.032 115.734 -0.036
202112 -0.067 117.630 -0.074
202203 -0.280 121.301 -0.299
202206 -0.386 125.017 -0.400
202209 -0.416 125.227 -0.430
202212 -0.284 125.222 -0.294
202303 -0.303 127.348 -0.308
202306 -0.352 128.729 -0.354
202309 -0.218 129.860 -0.217
202312 -0.165 129.419 -0.165

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


Stratasys  (STU:SCY) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stratasys was 3456.00. The lowest was 241.13. And the median was 511.42.


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.


Stratasys Cyclically Adjusted FCF per Share Related Terms

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


Stratasys (STU:SCY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Stratasys Ltd (STU:SCY) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
c/o Stratasys, Inc, 7665 Commerce Way, Eden Prairie, MN, USA, 55344
Stratasys Ltd is a provider of 3D printing and additive manufacturing solutions. The company's patented fused deposition modeling and PolyJet printing technologies print prototypes and manufactured goods directly from 3D CAD files or other 3D content. Its subsidiaries include printer makers MakerBot and Solidscape. It generates revenue through 3D printing systems, related services, and consumables and by providing additive manufacturing solutions.

Stratasys (STU:SCY) Headlines

No Headlines