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Hexagon AB (Hexagon AB) Cyclically Adjusted Price-to-FCF : 39.07 (As of May. 14, 2024)


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What is Hexagon AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Hexagon AB's current share price is $11.33. Hexagon AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.29. Hexagon AB's Cyclically Adjusted Price-to-FCF for today is 39.07.

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

HXGBY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.09   Med: 42.07   Max: 65.09
Current: 39.42

During the past years, Hexagon AB's highest Cyclically Adjusted Price-to-FCF was 65.09. The lowest was 29.09. And the median was 42.07.

HXGBY's Cyclically Adjusted Price-to-FCF is ranked worse than
60.83% of 965 companies
in the Hardware industry
Industry Median: 29.67 vs HXGBY: 39.42

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.

Hexagon AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.088. 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 $0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexagon AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hexagon AB'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.

Hexagon AB Cyclically Adjusted Price-to-FCF Chart

Hexagon AB 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 40.29 49.89 58.94 38.43 39.95

Hexagon AB 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 41.22 44.80 31.34 39.95 40.92

Competitive Comparison of Hexagon AB's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Hexagon AB'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.


Hexagon AB's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Hexagon AB 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.

Hexagon AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.33/0.29
=39.07

* 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.

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

For example, Hexagon AB'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)
=0.088/130.9575*130.9575
=0.088

Current CPI (Mar. 2024) = 130.9575.

Hexagon AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.036 100.432 0.047
201409 0.043 100.161 0.056
201412 0.054 100.225 0.071
201503 0.030 99.950 0.039
201506 0.038 99.995 0.050
201509 0.062 100.228 0.081
201512 0.071 100.276 0.093
201603 0.046 100.751 0.060
201606 0.049 101.019 0.064
201609 0.052 101.138 0.067
201612 0.076 102.022 0.098
201703 0.061 102.022 0.078
201706 0.060 102.752 0.076
201709 0.074 103.279 0.094
201712 0.072 103.793 0.091
201803 0.050 103.962 0.063
201806 0.075 104.875 0.094
201809 0.008 105.679 0.010
201812 0.123 105.912 0.152
201903 0.043 105.886 0.053
201906 0.084 106.742 0.103
201909 0.075 107.214 0.092
201912 0.079 107.766 0.096
202003 0.063 106.563 0.077
202006 0.111 107.498 0.135
202009 0.098 107.635 0.119
202012 0.140 108.296 0.169
202103 0.102 108.360 0.123
202106 0.131 108.928 0.157
202109 0.084 110.338 0.100
202112 0.089 112.486 0.104
202203 0.070 114.825 0.080
202206 0.091 118.384 0.101
202209 0.089 122.296 0.095
202212 0.045 126.365 0.047
202303 0.056 127.042 0.058
202306 0.085 129.407 0.086
202309 0.058 130.224 0.058
202312 0.098 130.958 0.098
202403 0.088 130.958 0.088

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.


Hexagon AB  (OTCPK:HXGBY) 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.


Hexagon AB Cyclically Adjusted Price-to-FCF Related Terms

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Hexagon AB (Hexagon AB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hexagon AB (OTCPK:HXGBY) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Lilla Bantorget 15, Stockholm, SWE, SE-111 23
Hexagon AB provides information technology for industrial applications. It offers solutions in two segments: geospatial enterprise solutions and industrial enterprise solutions. Each segment contributes roughly half of the firm's overall revenue. Hexagon's geospatial solutions are used for infrastructure, mining, agriculture, and public safety. The industrial enterprise solutions are used to measure and inspect the quality of complex parts used in manufacturing processes. Hexagon's largest geographic markets are Americas and EMEA, with each market contributing more than a fourth of the firm's overall revenue.