GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xaar PLC (LSE:XAR) » Definitions » Cyclically Adjusted Price-to-FCF

Xaar (LSE:XAR) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Xaar Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Xaar Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Xaar'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.

Xaar Cyclically Adjusted Price-to-FCF Chart

Xaar 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 13.27 45.29 44.23 177.61 -

Xaar Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 44.23 - 177.61 - -

Competitive Comparison of Xaar's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Xaar'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.


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

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

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



Xaar 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.

Xaar's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Xaar's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.03/130.5000*130.5000
=-0.030

Current CPI (Dec23) = 130.5000.

Xaar Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.022 99.900 -0.029
201512 0.361 100.400 0.469
201612 -0.092 102.200 -0.117
201712 0.006 105.000 0.007
201812 -0.194 107.100 -0.236
201912 -0.172 108.500 -0.207
202012 -0.051 109.400 -0.061
202112 -0.050 114.700 -0.057
202212 -0.133 125.300 -0.139
202312 -0.030 130.500 -0.030

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.


Xaar  (LSE:XAR) 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.


Xaar Cyclically Adjusted Price-to-FCF Related Terms

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


Xaar (LSE:XAR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xaar PLC (LSE:XAR) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
3950 Cambridge Research Park, Waterbeach, Cambridgeshire, GBR, CB25 9PE
Xaar PLC is a digital inkjet technology company. The company manufactures piezoelectric drop-on-demand industrial inkjet printheads and ink systems. Its technology is used in a range of manufacturing applications, including graphics, labels, direct-to-shape packaging decoration, ceramic tiles, laminates, and outer case coding as well as printing with specialist functional fluids for manufacturing techniques. The Group's operations are reported under four operating segments: 'Printhead', 'Product Print Systems', 'Digital Imaging' and 'Ink Supply Systems'. The company has operations in Europe, Middle East, Africa, Asia, and the Americas. It generates revenues from product sales, commissions and fees, royalties, printhead, product print systems, and 3D printing.