GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Alvarion, Ltd. (FRA:BZC) » Definitions » Cyclically Adjusted Price-to-FCF

Alvarion, (FRA:BZC) Cyclically Adjusted Price-to-FCF : (As of Sep. 27, 2024)


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

What is Alvarion, Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alvarion, Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alvarion,'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.

Alvarion, Cyclically Adjusted Price-to-FCF Chart

Alvarion, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Alvarion, Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 Alvarion,'s Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Alvarion,'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.


Alvarion,'s Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Alvarion,'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alvarion, 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.

Alvarion,'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2013 is calculated as:

For example, Alvarion,'s adjusted Free Cash Flow per Share data for the three months ended in Mar. 2013 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2013 (Change)*Current CPI (Mar. 2013)
=-0.518/98.2094*98.2094
=-0.518

Current CPI (Mar. 2013) = 98.2094.

Alvarion, Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200306 0.000 77.505 0.000
200309 0.000 78.138 0.000
200312 0.000 77.758 0.000
200403 0.000 79.066 0.000
200406 0.000 80.037 0.000
200409 0.000 80.121 0.000
200412 0.000 80.290 0.000
200503 -0.115 81.555 -0.138
200506 0.000 82.062 0.000
200509 0.000 83.876 0.000
200512 0.000 83.032 0.000
200603 -0.832 84.298 -0.969
200606 0.000 85.606 0.000
200609 0.000 85.606 0.000
200612 0.000 85.142 0.000
200703 0.315 86.640 0.357
200706 -0.123 87.906 -0.137
200709 0.026 87.964 0.029
200712 0.902 88.616 1.000
200803 0.061 90.090 0.066
200806 0.017 92.320 0.018
200809 -0.401 92.307 -0.427
200812 0.135 88.697 0.149
200903 -0.636 89.744 -0.696
200906 0.000 91.003 0.000
200909 0.000 91.120 0.000
200912 0.000 91.111 0.000
201003 -1.238 91.821 -1.324
201006 0.000 91.962 0.000
201009 0.000 92.162 0.000
201012 0.000 92.474 0.000
201103 -1.621 94.283 -1.689
201106 0.000 95.235 0.000
201109 0.000 95.727 0.000
201112 0.000 95.213 0.000
201203 -1.473 96.783 -1.495
201206 -1.251 96.819 -1.269
201209 0.000 97.633 0.000
201212 0.000 96.871 0.000
201303 -0.518 98.209 -0.518

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.


Alvarion,  (FRA:BZC) 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.


Alvarion, Cyclically Adjusted Price-to-FCF Related Terms

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


Alvarion, Business Description

Traded in Other Exchanges
N/A
Address
21A HaBarzel Street, Tel Aviv, ISR, 69710
Alvarion Ltd is an Israel based company that designs, develops & markets wireless products. The company provides autonomous Wi-Fi networks designed with self-organizing capabilities. Its systems are used for providing Internet access & voice and data services for subscribers, for the feeding of cellular networks, for building connectivity, & for wireless local area network. Its products include Avidity WBSac Bolster WBSn, Arena Controller, BreezeACCESS VL, BreezeMAX Extreme, BreezeNET B and BreezeUltra. The company designs solutions for Carrier Wi-Fi, Enterprise Connectivity, Smart City, Smart Hospitality, Connected Campuses and Connected Events that are both complete and heterogeneous to ensure ease of use and optimize operational efficiency.

Alvarion, Headlines