GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Electronic Control Security Inc (OTCPK:EKCS) » Definitions » Cyclically Adjusted Price-to-FCF

EKCS (Electronic Control Security) Cyclically Adjusted Price-to-FCF : (As of Sep. 25, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Electronic Control Security Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Electronic Control Security Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Electronic Control Security's Cyclically Adjusted Price-to-FCF 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.

Electronic Control Security Cyclically Adjusted Price-to-FCF Chart

Electronic Control Security Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Electronic Control Security Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
Cyclically Adjusted Price-to-FCF 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 - - - - -

Competitive Comparison of Electronic Control Security's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Electronic Control Security'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.


Electronic Control Security's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Electronic Control Security's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Electronic Control Security Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Electronic Control Security's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2014 is calculated as:

For example, Electronic Control Security's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2014 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2014 (Change)*Current CPI (Mar. 2014)
=-0.009/99.6945*99.6945
=-0.009

Current CPI (Mar. 2014) = 99.6945.

Electronic Control Security Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200406 -0.123 80.037 -0.153
200409 -0.072 80.121 -0.090
200412 0.007 80.290 0.009
200503 -0.083 81.555 -0.101
200506 -0.001 82.062 -0.001
200509 -0.023 83.876 -0.027
200512 -0.010 83.032 -0.012
200603 -0.041 84.298 -0.048
200606 -0.088 85.606 -0.102
200609 0.045 85.606 0.052
200612 0.000 85.142 0.000
200703 0.000 86.640 0.000
200706 0.003 87.906 0.003
200709 -0.005 87.964 -0.006
200712 0.007 88.616 0.008
200803 -0.008 90.090 -0.009
200806 0.011 92.320 0.012
200809 -0.003 92.307 -0.003
200812 0.014 88.697 0.016
200903 -0.010 89.744 -0.011
200906 0.005 91.003 0.005
200909 -0.011 91.120 -0.012
200912 0.037 91.111 0.040
201003 0.002 91.821 0.002
201006 0.037 91.962 0.040
201009 0.079 92.162 0.085
201012 -0.045 92.474 -0.049
201103 -0.021 94.283 -0.022
201106 -0.044 95.235 -0.046
201109 -0.003 95.727 -0.003
201112 -0.002 95.213 -0.002
201203 -0.016 96.783 -0.016
201206 -0.026 96.819 -0.027
201209 0.007 97.633 0.007
201212 -0.014 96.871 -0.014
201303 -0.006 98.209 -0.006
201306 -0.016 98.518 -0.016
201309 -0.007 98.790 -0.007
201312 -0.011 98.326 -0.011
201403 -0.009 99.695 -0.009

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


Electronic Control Security  (OTCPK:EKCS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Electronic Control Security Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Electronic Control Security's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Electronic Control Security Business Description

Traded in Other Exchanges
N/A
Address
790 Bloomfield Avenue, Building C-1, Clifton, NJ, USA, 07012
Electronic Control Security Inc is a single source security technology provider. It designs, manufactures, and supplies standalone and fully integrated state-of-the-art entry control and perimeter intrusion detection systems for the Department of Defense, Department of Energy, nuclear power stations, and various international customers. ECSI designs and interfaces commercial-off-the-shelf hardware, offering systems that are cost-effective and flexible to achieve a secure and normal environment for a facility. Its products are Advanced Radar Technologies; Water Infrastructure Sensing Equipment; Flight Line Security and Others.
Executives
Stephen Rossetti director 5408 DUVALL DR, BETHESDA MD 20816-1872
Gordon E Fornell director
Norman J Barta director C/O NEPHROS, INC., 3960 BROADWAY, NEW YORK NY 10032

Electronic Control Security Headlines

No Headlines