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Microwave Filter Co (Microwave Filter Co) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


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What is Microwave Filter Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Microwave Filter Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Microwave Filter Co'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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Microwave Filter Co Cyclically Adjusted Price-to-FCF Chart

Microwave Filter Co Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Cyclically Adjusted Price-to-FCF
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Microwave Filter Co Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Microwave Filter Co's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Microwave Filter Co'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.


Microwave Filter Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Microwave Filter Co 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.

Microwave Filter Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, Microwave Filter Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=-0.03/108.0695*108.0695
=-0.030

Current CPI (Jun. 2019) = 108.0695.

Microwave Filter Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200909 0.034 91.120 0.040
200912 -0.079 91.111 -0.094
201003 0.003 91.821 0.004
201006 0.031 91.962 0.036
201009 0.042 92.162 0.049
201012 0.076 92.474 0.089
201103 0.000 94.283 0.000
201106 0.002 95.235 0.002
201109 -0.006 95.727 -0.007
201112 0.008 95.213 0.009
201203 -0.074 96.783 -0.083
201206 -0.002 96.819 -0.002
201209 0.020 97.633 0.022
201212 -0.063 96.871 -0.070
201303 -0.086 98.209 -0.095
201306 -0.088 98.518 -0.097
201309 0.014 98.790 0.015
201312 0.006 98.326 0.007
201403 -0.015 99.695 -0.016
201406 0.064 100.560 0.069
201409 0.015 100.428 0.016
201412 -0.026 99.070 -0.028
201503 0.032 99.621 0.035
201506 -0.083 100.684 -0.089
201509 0.022 100.392 0.024
201512 0.028 99.792 0.030
201603 -0.015 100.470 -0.016
201606 0.017 101.688 0.018
201609 0.002 101.861 0.002
201612 0.008 101.863 0.008
201703 -0.029 102.862 -0.030
201706 -0.059 103.349 -0.062
201709 -0.001 104.136 -0.001
201712 -0.001 104.011 -0.001
201803 -0.034 105.290 -0.035
201806 0.007 106.317 0.007
201809 0.053 106.507 0.054
201812 -0.027 105.998 -0.028
201903 0.019 107.251 0.019
201906 -0.030 108.070 -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.


Microwave Filter Co  (OTCPK:MFCO) 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.


Microwave Filter Co Cyclically Adjusted Price-to-FCF Related Terms

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Microwave Filter Co (Microwave Filter Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6743 Kinne Street, East Syracuse, Syracuse, NY, USA, 13057
Microwave Filter Co Inc operates in the United States and principally in one Industry. The Company extends credit to business customers, including original equipment manufacturers (OEMs), distributors and other end users, based upon ongoing credit evaluations. MFC designs, develops, manufactures and sells electronic filters, both for radio and microwave frequencies, to help process signal distribution and to prevent unwanted signals from disrupting transmit or receive operations. Markets served include 5G, cable television, television and radio broadcast, satellite broadcast, mobile radio and commercial and defense electronics.
Executives
Hummingbird Value Fund Lp other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp other: See explanation of responses C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Christopher N Argyrople 10 percent owner 50 MILK STREET, 21ST FLOOR, BOSTON MA 02109

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