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Faro Technologies (FRA:FT1) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Faro Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Faro Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Faro Technologies'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.

Faro Technologies Cyclically Adjusted Price-to-FCF Chart

Faro Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.36 100.91 120.63 135.80 -

Faro Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 761.65 - - - -

Competitive Comparison of Faro Technologies's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Faro 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.


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

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

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



Faro Technologies 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.

Faro Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Faro Technologies's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.184/131.7762*131.7762
=0.184

Current CPI (Mar. 2024) = 131.7762.

Faro Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.314 100.560 0.411
201409 -0.487 100.428 -0.639
201412 -0.342 99.070 -0.455
201503 -0.095 99.621 -0.126
201506 -0.359 100.684 -0.470
201509 0.335 100.392 0.440
201512 0.755 99.792 0.997
201603 0.580 100.470 0.761
201606 0.731 101.688 0.947
201609 -0.144 101.861 -0.186
201612 0.367 101.863 0.475
201703 -0.132 102.862 -0.169
201706 -0.337 103.349 -0.430
201709 0.024 104.136 0.030
201712 0.363 104.011 0.460
201803 -0.328 105.290 -0.411
201806 0.030 106.317 0.037
201809 0.130 106.507 0.161
201812 -0.136 105.998 -0.169
201903 0.185 107.251 0.227
201906 0.464 108.070 0.566
201909 0.141 108.329 0.172
201912 0.421 108.420 0.512
202003 0.777 108.902 0.940
202006 -0.063 108.767 -0.076
202009 -0.319 109.815 -0.383
202012 0.364 109.897 0.436
202103 -0.591 111.754 -0.697
202106 -0.157 114.631 -0.180
202109 -0.289 115.734 -0.329
202112 -0.149 117.630 -0.167
202203 -0.602 121.301 -0.654
202206 -0.010 125.017 -0.011
202209 -1.096 125.227 -1.153
202212 -0.491 125.222 -0.517
202303 -1.085 127.348 -1.123
202306 0.035 128.729 0.036
202309 -0.323 129.860 -0.328
202312 0.713 129.419 0.726
202403 0.184 131.776 0.184

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.


Faro Technologies  (FRA:FT1) 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.


Faro Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Faro Technologies (FRA:FT1) Business Description

Industry
Traded in Other Exchanges
Address
250 Technology Park, Lake Mary, FL, USA, 32746
Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.

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