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Anite (LSE:AIE) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Anite 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


Anite Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Anite'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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Anite Cyclically Adjusted Price-to-FCF Chart

Anite Annual Data
Trend Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15
Cyclically Adjusted Price-to-FCF
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Anite Semi-Annual Data
Oct05 Apr06 Oct06 Apr07 Oct07 Apr08 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15
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Competitive Comparison of Anite's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Anite'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.


Anite's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Anite 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.

Anite's Cyclically Adjusted FCF per Share for the fiscal year that ended in Apr15 is calculated as:

For example, Anite's adjusted Free Cash Flow per Share data for the fiscal year that ended in Apr15 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr15 (Change)*Current CPI (Apr15)
=0.062/99.9000*99.9000
=0.062

Current CPI (Apr15) = 99.9000.

Anite Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200604 0.003 80.900 0.004
200704 0.016 83.100 0.019
200804 0.045 85.600 0.053
200904 0.055 87.500 0.063
201004 0.024 89.900 0.027
201104 0.019 93.300 0.020
201204 0.053 95.900 0.055
201304 0.049 98.000 0.050
201404 0.059 99.600 0.059
201504 0.062 99.900 0.062

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.


Anite  (LSE:AIE) 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.


Anite Cyclically Adjusted Price-to-FCF Related Terms

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Anite (LSE:AIE) Business Description

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Address
Anite PLC is a company incorporated in United Kingdom on March 7, 1984. It is a wireless testing company engaged in developing the software and hardware helping deliver the mobile technologies. The Company provides mobile device, infrastructure and network testing systems including hardware and software. The Company operates in two segments; Handset testing and Network testing. The Handset testing is a wireless test system enabling manufacturers to design efficient chipsets, mobile devices and network equipment. The Network testing technology enables mobile network operators and manufacturers to test and optimise their networks. The Company's Handset testing products include; Development Testing, Conformance Testing, Interoperability Testing, Propsim OTA Testing, Propsim Virtual Drive Testing, Propsim 802.11ac/n Testing, Propsim MANET Testing, Propsim Aerospace Testing, & Triton. The Company's Network testing products include; Nemo Outdoor, Nemo Handy, Nemo Walker Air, Nemo Invex, Nemo FSR1, Nemo Autonomous, Nemo Commander, Nemo Analyze, Nemo CEM Observer, and Nemo CEM Solution. Its customers include Device manufacturers, Chipset manufacturers, Mobile network operators, Mobile network operators, and Independent test companies.

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