GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Evertz Technologies Ltd (TSX:ET) » Definitions » Cyclically Adjusted FCF per Share

Evertz Technologies (TSX:ET) Cyclically Adjusted FCF per Share : C$1.21 (As of Jan. 2025)


View and export this data going back to 2006. Start your Free Trial

What is Evertz Technologies 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.

Evertz Technologies's adjusted free cash flow per share for the three months ended in Jan. 2025 was C$0.674. 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 C$1.21 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Evertz Technologies's average Cyclically Adjusted FCF Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% 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 Evertz Technologies was 6.30% per year. The lowest was 1.80% per year. And the median was 3.20% per year.

As of today (2025-05-21), Evertz Technologies's current stock price is C$11.89. Evertz Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2025 was C$1.21. Evertz Technologies's Cyclically Adjusted Price-to-FCF of today is 9.83.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Evertz Technologies was 22.50. The lowest was 8.09. And the median was 15.45.


Evertz Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Evertz Technologies'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.

Evertz Technologies Cyclically Adjusted FCF per Share Chart

Evertz Technologies Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.99 1.05 1.03 1.19

Evertz Technologies Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 1.12 1.19 1.20 1.19 1.21

Competitive Comparison of Evertz Technologies's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Evertz Technologies'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.


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

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

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


;
;

Evertz Technologies 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, Evertz Technologies's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.674/127.4427*127.4427
=0.674

Current CPI (Jan. 2025) = 127.4427.

Evertz Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201504 0.141 99.710 0.180
201507 0.091 100.579 0.115
201510 0.301 100.500 0.382
201601 0.651 100.184 0.828
201604 0.123 101.370 0.155
201607 0.247 101.844 0.309
201610 0.136 102.002 0.170
201701 0.287 102.318 0.357
201704 0.037 103.029 0.046
201707 0.383 103.029 0.474
201710 -0.069 103.424 -0.085
201801 0.616 104.056 0.754
201804 0.121 105.320 0.146
201807 0.287 106.110 0.345
201810 -0.139 105.952 -0.167
201901 0.591 105.557 0.714
201904 0.265 107.453 0.314
201907 0.081 108.243 0.095
201910 -0.198 107.927 -0.234
202001 0.837 108.085 0.987
202004 0.574 107.216 0.682
202007 0.452 108.401 0.531
202010 0.244 108.638 0.286
202101 0.108 109.192 0.126
202104 0.392 110.851 0.451
202107 0.480 112.431 0.544
202110 -0.012 113.695 -0.013
202201 0.093 114.801 0.103
202204 0.263 118.357 0.283
202207 0.228 120.964 0.240
202210 -0.132 121.517 -0.138
202301 0.193 121.596 0.202
202304 0.331 123.571 0.341
202307 0.740 124.914 0.755
202310 0.235 125.310 0.239
202401 0.385 125.072 0.392
202404 0.397 126.890 0.399
202407 0.262 128.075 0.261
202410 -0.144 127.838 -0.144
202501 0.674 127.443 0.674

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


Evertz Technologies  (TSX:ET) 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.

Evertz Technologies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.89/1.21
=9.83

* 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 Evertz Technologies was 22.50. The lowest was 8.09. And the median was 15.45.


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.


Evertz Technologies Cyclically Adjusted FCF per Share Related Terms

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


Evertz Technologies Business Description

Industry
Traded in Other Exchanges
Address
5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.
Executives
Douglas Moore Senior Officer
Evertz Technologies Limited Issuer
Rakesh Thakor Patel Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)