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Planar Systems (FRA:PL4) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Planar Systems Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Planar Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Planar Systems'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.

Planar Systems Cyclically Adjusted Price-to-FCF Chart

Planar Systems Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Cyclically Adjusted Price-to-FCF
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Planar Systems Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Planar Systems's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Planar Systems'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.


Planar Systems's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Planar Systems 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.

Planar Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, Planar Systems's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=0.014/100.6839*100.6839
=0.014

Current CPI (Jun. 2015) = 100.6839.

Planar Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200509 0.614 83.876 0.737
200512 0.378 83.032 0.458
200603 -0.069 84.298 -0.082
200606 0.091 85.606 0.107
200609 0.152 85.606 0.179
200612 -0.284 85.142 -0.336
200703 0.029 86.640 0.034
200706 -0.526 87.906 -0.602
200709 -0.106 87.964 -0.121
200712 -0.101 88.616 -0.115
200803 -0.348 90.090 -0.389
200806 0.072 92.320 0.079
200809 -0.050 92.307 -0.055
200812 -0.047 88.697 -0.053
200903 0.034 89.744 0.038
200906 0.090 91.003 0.100
200909 0.210 91.120 0.232
200912 0.149 91.111 0.165
201003 -0.016 91.821 -0.018
201006 0.030 91.962 0.033
201009 -0.126 92.162 -0.138
201012 0.007 92.474 0.008
201103 -0.172 94.283 -0.184
201106 -0.151 95.235 -0.160
201109 -0.023 95.727 -0.024
201112 -0.049 95.213 -0.052
201203 -0.213 96.783 -0.222
201206 0.056 96.819 0.058
201209 0.037 97.633 0.038
201212 -0.107 96.871 -0.111
201303 -0.244 98.209 -0.250
201306 0.030 98.518 0.031
201309 -0.047 98.790 -0.048
201312 0.040 98.326 0.041
201403 0.011 99.695 0.011
201406 0.077 100.560 0.077
201409 0.079 100.428 0.079
201412 0.102 99.070 0.104
201503 0.133 99.621 0.134
201506 0.014 100.684 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.


Planar Systems  (FRA:PL4) 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.


Planar Systems Cyclically Adjusted Price-to-FCF Related Terms

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Planar Systems (FRA:PL4) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Planar Systems Inc was incorporated on April 27, 1983. The Company is a provider of specialty display products, solutions, and services for customers in a number of end-market segments. Products include display components, completed displays, and display solutions and systems based on a variety of flat panel and front- and rear-projection technologies. The Company capitalizes on its strong supply chain, logistics, and distribution relationships to sell a variety of mainly LCD based displays to the United States marketplace. The Company offers High-End Home Display which offers various high-performance home theater front-projection systems, video processing equipment, large-format thin displays, and accessories, that aims at the high-end home market and certain commercial installations The Company employs sales professionals in many countries around the world and sells both directly to end users and through reseller channels.The Company's direct competitors are numerous and diverse. In display systems including AMLCD components sourced from manufacturers, Planar's value-added specialty display products compete against those of NEC, Acer, Viewsonic, Dell and others in the IT market. The Company's operations are subject to environmental and various other regulations in each of the jurisdictions in which it conducts business.

Planar Systems (FRA:PL4) Headlines

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