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Zebra Technologies (MEX:ZBRA) Cyclically Adjusted Price-to-FCF : 29.41 (As of Jun. 21, 2024)


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What is Zebra Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-06-21), Zebra Technologies's current share price is MXN4751.42. Zebra Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN161.56. Zebra Technologies's Cyclically Adjusted Price-to-FCF for today is 29.41.

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

MEX:ZBRA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.58   Med: 38.33   Max: 71.76
Current: 28.93

During the past years, Zebra Technologies's highest Cyclically Adjusted Price-to-FCF was 71.76. The lowest was 20.58. And the median was 38.33.

MEX:ZBRA's Cyclically Adjusted Price-to-FCF is ranked better than
51.6% of 967 companies
in the Hardware industry
Industry Median: 30.26 vs MEX:ZBRA: 28.93

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.

Zebra Technologies's adjusted free cash flow per share data for the three months ended in Mar. 2024 was MXN35.570. 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 MXN161.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zebra Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zebra Technologies'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.

Zebra Technologies Cyclically Adjusted Price-to-FCF Chart

Zebra Technologies 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 46.91 55.18 64.31 25.00 27.40

Zebra Technologies 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 31.19 29.43 23.79 27.40 29.41

Competitive Comparison of Zebra Technologies's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Zebra Technologies'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.


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

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

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



Zebra Technologies 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.

Zebra Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4751.42/161.56
=29.41

* 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.

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

For example, Zebra Technologies'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)
=35.57/131.7762*131.7762
=35.570

Current CPI (Mar. 2024) = 131.7762.

Zebra Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 13.802 100.560 18.087
201409 2.010 100.428 2.637
201412 28.307 99.070 37.652
201503 3.009 99.621 3.980
201506 -12.018 100.684 -15.729
201509 19.160 100.392 25.150
201512 -9.738 99.792 -12.859
201603 25.838 100.470 33.889
201606 4.306 101.688 5.580
201609 42.644 101.861 55.168
201612 39.787 101.863 51.471
201703 36.984 102.862 47.380
201706 26.198 103.349 33.404
201709 -2.433 104.136 -3.079
201712 92.617 104.011 117.341
201803 32.979 105.290 41.275
201806 48.892 106.317 60.600
201809 61.519 106.507 76.115
201812 111.352 105.998 138.432
201903 9.600 107.251 11.795
201906 48.506 108.070 59.147
201909 76.239 108.329 92.740
201912 85.748 108.420 104.220
202003 41.010 108.902 49.624
202006 97.616 108.767 118.266
202009 65.801 109.815 78.960
202012 152.674 109.897 183.070
202103 81.061 111.754 95.584
202106 110.778 114.631 127.346
202109 108.408 115.734 123.434
202112 80.725 117.630 90.433
202203 14.901 121.301 16.188
202206 32.026 125.017 33.758
202209 18.126 125.227 19.074
202212 91.168 125.222 95.940
202303 -32.046 127.348 -33.160
202306 -17.241 128.729 -17.649
202309 -16.626 129.860 -16.871
202312 33.495 129.419 34.105
202403 35.570 131.776 35.570

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.


Zebra Technologies  (MEX:ZBRA) 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.


Zebra Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Zebra Technologies (MEX:ZBRA) Business Description

Industry
Traded in Other Exchanges
Address
3 Overlook Point, Lincolnshire, IL, USA, 60069
Zebra Technologies is a leading provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.