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Inventronics (TSXV:IVX) Cyclically Adjusted FCF per Share : C$0.12 (As of Dec. 2023)


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What is Inventronics 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.

Inventronics's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$-0.060. 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$0.12 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.70% 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 Inventronics was 67.10% per year. The lowest was -23.70% per year. And the median was 14.50% per year.

As of today (2024-05-02), Inventronics's current stock price is C$0.74. Inventronics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.12. Inventronics's Cyclically Adjusted Price-to-FCF of today is 6.17.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Inventronics was 41.00. The lowest was 0.80. And the median was 2.83.


Inventronics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Inventronics'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.

Inventronics Cyclically Adjusted FCF per Share Chart

Inventronics 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 0.05 0.06 0.08 0.12 0.12

Inventronics 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 0.12 0.12 0.13 0.13 0.12

Competitive Comparison of Inventronics's Cyclically Adjusted FCF per Share

For the Metal Fabrication subindustry, Inventronics'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.


Inventronics's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inventronics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Inventronics 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, Inventronics'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)
=-0.06/125.4675*125.4675
=-0.060

Current CPI (Dec. 2023) = 125.4675.

Inventronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.078 98.604 -0.099
201406 -0.030 99.473 -0.038
201409 0.072 99.394 0.091
201412 0.044 98.367 0.056
201503 -0.055 99.789 -0.069
201506 -0.016 100.500 -0.020
201509 0.024 100.421 0.030
201512 0.033 99.947 0.041
201603 -0.028 101.054 -0.035
201606 0.037 102.002 0.046
201609 0.009 101.765 0.011
201612 0.035 101.449 0.043
201703 0.000 102.634 0.000
201706 -0.028 103.029 -0.034
201709 0.067 103.345 0.081
201712 0.022 103.345 0.027
201803 -0.009 105.004 -0.011
201806 -0.031 105.557 -0.037
201809 0.010 105.636 0.012
201812 0.074 105.399 0.088
201903 -0.007 106.979 -0.008
201906 -0.023 107.690 -0.027
201909 0.046 107.611 0.054
201912 0.080 107.769 0.093
202003 -0.091 107.927 -0.106
202006 0.106 108.401 0.123
202009 0.011 108.164 0.013
202012 0.041 108.559 0.047
202103 -0.022 110.298 -0.025
202106 0.019 111.720 0.021
202109 0.166 112.905 0.184
202112 0.094 113.774 0.104
202203 -0.060 117.646 -0.064
202206 0.173 120.806 0.180
202209 0.178 120.648 0.185
202212 0.101 120.964 0.105
202303 -0.040 122.702 -0.041
202306 0.088 124.203 0.089
202309 0.141 125.230 0.141
202312 -0.060 125.468 -0.060

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


Inventronics  (TSXV:IVX) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.74/0.12
=6.17

* 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 Inventronics was 41.00. The lowest was 0.80. And the median was 2.83.


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.


Inventronics Cyclically Adjusted FCF per Share Related Terms

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


Inventronics (TSXV:IVX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1420 Van Horne Avenue East, Brandon, MB, CAN, R7A 7B6
Inventronics Ltd designs and manufactures custom protective enclosures and related products for the telecommunications, electric utility, cable television, oil and gas, electronics, and computer services industries in North America. Its products offering includes Nema 4 / 4x Cabinets and Enclosures, BOBCAT Cabinet Series, SG Pedestals, Traffic Control Enclosure, and other related products.

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