GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Turtle Beach Corp (NAS:HEAR) » Definitions » Cyclically Adjusted Price-to-FCF

HEAR (Turtle Beach) Cyclically Adjusted Price-to-FCF : 43.40 (As of Dec. 11, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Turtle Beach Cyclically Adjusted Price-to-FCF?

As of today (2024-12-11), Turtle Beach's current share price is $18.23. Turtle Beach's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $0.42. Turtle Beach's Cyclically Adjusted Price-to-FCF for today is 43.40.

The historical rank and industry rank for Turtle Beach's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HEAR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.73   Med: 44.63   Max: 384.67
Current: 43.89

During the past years, Turtle Beach's highest Cyclically Adjusted Price-to-FCF was 384.67. The lowest was 33.73. And the median was 44.63.

HEAR's Cyclically Adjusted Price-to-FCF is ranked worse than
61.39% of 878 companies
in the Hardware industry
Industry Median: 32.42 vs HEAR: 43.89

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Turtle Beach's adjusted free cash flow per share data for the three months ended in Sep. 2024 was $-1.144. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.42 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turtle Beach Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Turtle Beach'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.

Turtle Beach Cyclically Adjusted Price-to-FCF Chart

Turtle Beach 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 - - - - 36.99

Turtle Beach Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 289.22 36.99 56.36 40.61 36.91

Competitive Comparison of Turtle Beach's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Turtle Beach'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.


Turtle Beach's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Turtle Beach 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.

Turtle Beach's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.23/0.42
=43.40

* 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.

Turtle Beach's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Turtle Beach's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-1.144/133.0289*133.0289
=-1.144

Current CPI (Sep. 2024) = 133.0289.

Turtle Beach Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.411 99.070 -0.552
201503 1.491 99.621 1.991
201506 -0.947 100.684 -1.251
201509 -1.972 100.392 -2.613
201512 -0.625 99.792 -0.833
201603 2.032 100.470 2.690
201606 -0.576 101.688 -0.754
201609 -1.278 101.861 -1.669
201612 -0.480 101.863 -0.627
201703 2.704 102.862 3.497
201706 -0.580 103.349 -0.747
201709 -1.574 104.136 -2.011
201712 -0.624 104.011 -0.798
201803 3.047 105.290 3.850
201806 0.615 106.317 0.770
201809 -0.285 106.507 -0.356
201812 -0.264 105.998 -0.331
201903 2.485 107.251 3.082
201906 -0.222 108.070 -0.273
201909 -0.792 108.329 -0.973
201912 0.610 108.420 0.748
202003 1.148 108.902 1.402
202006 0.795 108.767 0.972
202009 -0.048 109.815 -0.058
202012 0.948 109.897 1.148
202103 1.040 111.754 1.238
202106 -0.528 114.631 -0.613
202109 -1.307 115.734 -1.502
202112 0.486 117.630 0.550
202203 -0.862 121.301 -0.945
202206 -1.727 125.017 -1.838
202209 -1.751 125.227 -1.860
202212 1.571 125.222 1.669
202303 1.695 127.348 1.771
202306 -0.300 128.729 -0.310
202309 -0.977 129.860 -1.001
202312 1.081 129.419 1.111
202403 1.368 131.776 1.381
202406 -0.653 132.554 -0.655
202409 -1.144 133.029 -1.144

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.


Turtle Beach  (NAS:HEAR) 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.


Turtle Beach Cyclically Adjusted Price-to-FCF Related Terms

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


Turtle Beach Business Description

Industry
Traded in Other Exchanges
Address
44 South Broadway, 4th Floor, White Plains, NY, USA, 10601
Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware. With nearly five decades of expertise, it's a innovator in audio technology, particularly dominant in console gaming headsets. Expanding beyond headsets, Turtle Beach now offers game controllers, flight and racing simulation accessories, and high-quality microphones. Operating globally, its products are available through numerous major retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart, with a significant revenue portion generated during the holiday season. The majority of its revenue stems from North America.
Executives
Lloyd Gregory Ballard director 2 TOWNSEND ST, #2-1003, SAN FRANCISCO CA 94107
Cris Keirn officer: Interim CEO C/O TURTLE BEACH CORP, 44 SOUTH BROADWAY, 4TH FLOOR, WHITE PLAINS NY 10601
William Z Wyatt director 240 26TH STREET, SUITE 3, SANTA MONICA CA 90402
Terry Jimenez director TRONC, INC., 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Katherine Lee Scherping director 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Juergen M. Stark director, officer: See Remarks 100 SUMMIT LAKE DRIVE, SUITE 100, VALHALLA NY 10594
Julia Sze director C/O 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Michelle D Wilson director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Andrew Wolfe director 108 LEEWOOD CT., LOS GATOS CA 95032
John T Hanson officer: CFO, Treasurer and Secretary 11011 VIA FRONTERA, SUITE A/B, SAN DIEGO CA 92127
William E Keitel director
Brian Stech director 910 W. LEGACY CENTER WAY, SUITE 500, MIDVALE UT 84047
Yie-hsin Hung director 30 HUDSON STREET, JERSEY CITY NJ 07302
Kelly Ann Thompson director 921 LINCOLN PL, PACIFICA CA 94044
Ronald Doornink director 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405