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Focus Universal (Focus Universal) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Focus Universal Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Focus Universal Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Focus Universal'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.

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Focus Universal Cyclically Adjusted Price-to-FCF Chart

Focus Universal Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Focus Universal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Focus Universal's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Focus Universal'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.


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

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

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



Focus Universal 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.

Focus Universal's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Focus Universal'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)
=-0.014/129.4194*129.4194
=-0.014

Current CPI (Dec. 2023) = 129.4194.

Focus Universal Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 99.695 0.000
201406 -0.003 100.560 -0.004
201409 -0.001 100.428 -0.001
201412 -0.003 99.070 -0.004
201503 -0.004 99.621 -0.005
201506 -0.002 100.684 -0.003
201509 -0.006 100.392 -0.008
201512 0.020 99.792 0.026
201603 -0.003 100.470 -0.004
201606 -0.002 101.688 -0.003
201609 -0.001 101.861 -0.001
201612 -0.002 101.863 -0.003
201703 -0.002 102.862 -0.003
201706 0.000 103.349 0.000
201709 -0.003 104.136 -0.004
201712 -0.004 104.011 -0.005
201803 -0.003 105.290 -0.004
201806 -0.007 106.317 -0.009
201809 -0.010 106.507 -0.012
201812 -0.004 105.998 -0.005
201903 -0.009 107.251 -0.011
201906 -0.002 108.070 -0.002
201909 -0.011 108.329 -0.013
201912 -0.009 108.420 -0.011
202003 -0.011 108.902 -0.013
202006 -0.009 108.767 -0.011
202009 -0.009 109.815 -0.011
202012 -0.004 109.897 -0.005
202103 -0.007 111.754 -0.008
202106 -0.009 114.631 -0.010
202109 -0.008 115.734 -0.009
202112 -0.009 117.630 -0.010
202203 -0.014 121.301 -0.015
202206 -0.009 125.017 -0.009
202209 -0.011 125.227 -0.011
202212 -0.008 125.222 -0.008
202303 -0.019 127.348 -0.019
202306 -0.012 128.729 -0.012
202309 -0.015 129.860 -0.015
202312 -0.014 129.419 -0.014

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.


Focus Universal  (NAS:FCUV) 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.


Focus Universal Cyclically Adjusted Price-to-FCF Related Terms

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Focus Universal (Focus Universal) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2311 East Locust Court, Ontario, CA, USA, 91761
Focus Universal Inc develops and manufactures universal smart device. Its products portfolio include Universal Smart Instrumentation Platform, Ubiquitor, Universal Smart Controller, and Sensors. The company also supplies various air filtration systems. The Company consists of three types of operations- Focus and Focus Shenzhen (Corporate), Perfecular and Lusher (IoT Products), AVX (IoT Installation Services). Majority of revenue is generated from IoT Installation Services. IoT Installation Services segment is an IoT installation and management company specializing in high performance and easy to use audio/video, home theater, lighting control, automation, and integration.
Executives
Sheri Lofgren director C/O LOGICAL CHOICE CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Michael Ross Pope director 1045 PROGRESS CIRCLE, LAWRENCEVILLE, GEORGIA GA 30043
Gregory S Butterfield director 3301 N. THANKSGIVING WAY, SUITE 500, LEHI UT 84043
Carine S. Clark director 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Duncan Lee officer: Chief Financial Officer 20511 EAST WALNUT DRIVE NORTH, WALNUT CA 91789
Jennifer Lingjie Gu director, 10 percent owner 2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Edward Shihai Lee director, 10 percent owner, officer: President 2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Desheng Wang director, 10 percent owner, officer: CEO and Secretary 140 SOUTH ROOSEVELT AVENUE, PASADENA CA 91107