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Tobii AB (OSTO:TOBII) Cyclically Adjusted Price-to-FCF : (As of May. 29, 2024)


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What is Tobii AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tobii AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tobii 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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Tobii AB Cyclically Adjusted Price-to-FCF Chart

Tobii AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Tobii AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Tobii AB's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Tobii 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.


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

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

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



Tobii 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.

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

For example, Tobii AB'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)
=-1.182/132.2054*132.2054
=-1.182

Current CPI (Mar. 2024) = 132.2054.

Tobii AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.310 100.432 -0.408
201409 -0.612 100.161 -0.808
201412 -0.616 100.225 -0.813
201503 -0.521 99.950 -0.689
201506 0.083 99.995 0.110
201509 -0.174 100.228 -0.230
201512 0.050 100.276 0.066
201603 0.024 100.751 0.031
201606 -0.353 101.019 -0.462
201609 -0.233 101.138 -0.305
201612 -0.229 102.022 -0.297
201703 -0.456 102.022 -0.591
201706 -0.788 102.752 -1.014
201709 -0.568 103.279 -0.727
201712 -0.419 103.793 -0.534
201803 -0.658 103.962 -0.837
201806 -0.620 104.875 -0.782
201809 -0.717 105.679 -0.897
201812 -0.405 105.912 -0.506
201903 -0.935 105.886 -1.167
201906 -0.756 106.742 -0.936
201909 -0.548 107.214 -0.676
201912 -0.398 107.766 -0.488
202003 -0.630 106.563 -0.782
202006 0.195 107.498 0.240
202009 0.111 107.635 0.136
202012 -0.957 108.296 -1.168
202103 -0.097 108.360 -0.118
202106 -0.903 108.928 -1.096
202109 -0.689 110.338 -0.826
202112 0.191 112.486 0.224
202203 -0.466 114.825 -0.537
202206 -0.618 118.384 -0.690
202209 -0.587 122.296 -0.635
202212 1.312 126.365 1.373
202303 0.426 127.042 0.443
202306 -0.615 129.407 -0.628
202309 -0.667 130.224 -0.677
202312 -0.245 131.912 -0.246
202403 -1.182 132.205 -1.182

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.


Tobii AB  (OSTO:TOBII) 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.


Tobii AB Cyclically Adjusted Price-to-FCF Related Terms

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Tobii AB (OSTO:TOBII) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tobii AB (OSTO:TOBII) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Karlsrovagen 2D, Danderyd, SWE, S-182 53
Tobii AB, along with its subsidiaries, provides eye-tracking solutions. The group comprises three business units: Tobii Dynavox, Tobii Pro and Tobii Tech. Tobii Dynavox provides assistive technology for communication. Tobii Pro is a provider of eye-tracking solutions and services to study human behavior. Tobii Tech provides eye-tracking components and platforms. Business operations of the company are functioned through Sweden, Europe, the USA, Asia/Oceania, and Other countries. It derives a majority of revenue from the USA.

Tobii AB (OSTO:TOBII) Headlines

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