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Innovaro (Innovaro) Cyclically Adjusted Price-to-FCF : (As of Jun. 17, 2024)


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What is Innovaro Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Innovaro Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Innovaro'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.

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Innovaro Cyclically Adjusted Price-to-FCF Chart

Innovaro Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Price-to-FCF
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Innovaro Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Innovaro's Cyclically Adjusted Price-to-FCF

For the Shell Companies subindustry, Innovaro'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.


Innovaro's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Innovaro's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Innovaro 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.

Innovaro's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2013 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=-0.019/98.7900*98.7900
=-0.019

Current CPI (Sep. 2013) = 98.7900.

Innovaro Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200312 -0.181 77.758 -0.230
200403 -0.130 79.066 -0.162
200406 -0.201 80.037 -0.248
200409 -0.153 80.121 -0.189
200412 -0.234 80.290 -0.288
200503 -0.333 81.555 -0.403
200506 -0.217 82.062 -0.261
200509 -0.409 83.876 -0.482
200512 -0.503 83.032 -0.598
200603 -0.403 84.298 -0.472
200606 -0.763 85.606 -0.881
200609 -0.697 85.606 -0.804
200612 -0.436 85.142 -0.506
200703 -0.312 86.640 -0.356
200706 -0.236 87.906 -0.265
200709 -0.244 87.964 -0.274
200712 -0.213 88.616 -0.237
200803 -0.318 90.090 -0.349
200806 -0.088 92.320 -0.094
200809 0.316 92.307 0.338
200812 -0.167 88.697 -0.186
200903 -0.088 89.744 -0.097
200906 -0.098 91.003 -0.106
200909 -0.045 91.120 -0.049
200912 -0.099 91.111 -0.107
201003 -0.074 91.821 -0.080
201006 -0.079 91.962 -0.085
201009 -0.075 92.162 -0.080
201012 -0.140 92.474 -0.150
201103 0.045 94.283 0.047
201106 -0.013 95.235 -0.013
201109 0.089 95.727 0.092
201112 -0.326 95.213 -0.338
201203 -0.009 96.783 -0.009
201206 -0.038 96.819 -0.039
201209 -0.031 97.633 -0.031
201212 -0.032 96.871 -0.033
201303 -0.009 98.209 -0.009
201306 -0.017 98.518 -0.017
201309 -0.019 98.790 -0.019

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.


Innovaro  (OTCPK:INNI) 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.


Innovaro Cyclically Adjusted Price-to-FCF Related Terms

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Innovaro (Innovaro) Business Description

Traded in Other Exchanges
N/A
Address
624 Tyvola Road, Suite 103, No. 186, Charlotte, NC, USA, 28217
Innovaro Inc is a shell company. It was previously engaged in software services. Currently, the company does not have any operations.
Executives
John Micek director 300 HAMILTON AVENUE, 4TH FLOOR, PALO ALTO CA 94301
Mark S Berset director 700 CENTRAL AVE, SAINT PETERSBURG FL 33701
Bruce Lucas director 2109 E. PALM AVENUE, TAMPA FL 33605
Charles L Pope director 4902 EISENHOWER BOULEVARD, TAMPA FL 33634
David G Mooring officer: VICE PRESIDENT RAMBUS INC, 4444 EL CAMINO REAL, LOS ALTOS CA 94022

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