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Precise Biometrics AB (OSTO:PREC) Cyclically Adjusted Price-to-FCF : (As of May. 18, 2024)


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What is Precise Biometrics AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Precise Biometrics AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Precise Biometrics AB'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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Precise Biometrics AB Cyclically Adjusted Price-to-FCF Chart

Precise Biometrics AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Precise Biometrics AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Precise Biometrics AB's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Precise Biometrics AB'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.


Precise Biometrics AB's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Precise Biometrics AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Precise Biometrics AB 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.

Precise Biometrics AB's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Precise Biometrics AB's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.078/131.9118*131.9118
=-0.078

Current CPI (Dec. 2023) = 131.9118.

Precise Biometrics AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.319 99.788 -0.422
201406 -0.186 100.432 -0.244
201409 -0.166 100.161 -0.219
201412 -0.197 100.225 -0.259
201503 -0.248 99.950 -0.327
201506 -0.078 99.995 -0.103
201509 -0.055 100.228 -0.072
201512 0.221 100.276 0.291
201603 0.188 100.751 0.246
201606 0.146 101.019 0.191
201609 0.206 101.138 0.269
201612 0.294 102.022 0.380
201703 0.414 102.022 0.535
201706 -0.032 102.752 -0.041
201709 0.094 103.279 0.120
201712 0.075 103.793 0.095
201803 -0.199 103.962 -0.253
201806 -0.208 104.875 -0.262
201809 -0.004 105.679 -0.005
201812 -0.220 105.912 -0.274
201903 -0.247 105.886 -0.308
201906 -0.026 106.742 -0.032
201909 -0.083 107.214 -0.102
201912 0.343 107.766 0.420
202003 0.167 106.563 0.207
202006 0.055 107.498 0.067
202009 0.012 107.635 0.015
202012 0.293 108.296 0.357
202103 -0.016 108.360 -0.019
202106 -0.183 108.928 -0.222
202109 -0.158 110.338 -0.189
202112 -0.034 112.486 -0.040
202203 0.048 114.825 0.055
202206 -0.076 118.384 -0.085
202209 -0.302 122.296 -0.326
202212 -0.123 126.365 -0.128
202303 -0.202 127.042 -0.210
202306 0.020 129.407 0.020
202309 -0.134 130.224 -0.136
202312 -0.078 131.912 -0.078

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.


Precise Biometrics AB  (OSTO:PREC) 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.


Precise Biometrics AB Cyclically Adjusted Price-to-FCF Related Terms

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Precise Biometrics AB (OSTO:PREC) Business Description

Traded in Other Exchanges
Address
Precise Biometrics AB, Scheelevagen 27, Lund, SWE, SE-223 63
Precise Biometrics AB is engaged in the business of developing and selling fingerprint software for the authentication of people's identity in mobile phones, smart cards, and products with small fingerprint sensors. The firm also develops and sells mobile smart card readers for smartphones and tablets. Its products and services include precise bio match mobile, sensor vulnerability test, and fingerprint data collection. Overall it focuses on the areas of Capacitive sensors for mobile phones, In-display sensors for mobile phones in the upper price segment, Smart cards, and New applications. The company operates in Europe, Asia, and the United States, out of which the majority of revenue comes from Asia.

Precise Biometrics AB (OSTO:PREC) Headlines

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