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QinetiQ Group (QinetiQ Group) Cyclically Adjusted Price-to-FCF : 20.80 (As of May. 03, 2024)


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What is QinetiQ Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-03), QinetiQ Group's current share price is $18.10. QinetiQ Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was $0.87. QinetiQ Group's Cyclically Adjusted Price-to-FCF for today is 20.80.

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

QNTQY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.91   Med: 14.31   Max: 22.34
Current: 20.59

During the past 13 years, QinetiQ Group's highest Cyclically Adjusted Price-to-FCF was 22.34. The lowest was 9.91. And the median was 14.31.

QNTQY's Cyclically Adjusted Price-to-FCF is ranked better than
74.07% of 108 companies
in the Aerospace & Defense industry
Industry Median: 35.2 vs QNTQY: 20.59

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.

QinetiQ Group's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was $0.809. 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 $0.87 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


QinetiQ Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for QinetiQ Group'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.

QinetiQ Group Cyclically Adjusted Price-to-FCF Chart

QinetiQ Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.53 17.34 17.97 17.35 19.22

QinetiQ Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 17.35 - 19.22 -

Competitive Comparison of QinetiQ Group's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, QinetiQ Group'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.


QinetiQ Group's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



QinetiQ Group 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.

QinetiQ Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.10/0.87
=20.80

* 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.

QinetiQ Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, QinetiQ Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.809/126.8000*126.8000
=0.809

Current CPI (Mar23) = 126.8000.

QinetiQ Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.091 99.300 1.393
201503 0.787 99.600 1.002
201603 1.268 100.400 1.601
201703 0.652 102.700 0.805
201803 0.613 105.100 0.740
201903 0.332 107.000 0.393
202003 0.403 108.600 0.471
202103 0.984 109.700 1.137
202203 0.949 116.500 1.033
202303 0.809 126.800 0.809

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.


QinetiQ Group  (OTCPK:QNTQY) 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.


QinetiQ Group Cyclically Adjusted Price-to-FCF Related Terms

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


QinetiQ Group (QinetiQ Group) Business Description

Traded in Other Exchanges
Address
Ively Road, Cody Technology Park, Farnborough, Hampshire, GBR, GU14 0LX
QinetiQ Group PLC is a company operating in the global aerospace, defense, and security sectors. The services and products offered are air (air engineering services, air traffic management, safety, and environmental management); C4ISR (communication, reconnaissance, intelligence and surveillance, space security, fast jet sensor fusion training, sensors, cyber and data science among many others); Cyber (accreditation support, security health check, data classification, insider threat management among others); Maritime ( Maritime Autonomy Centre, Naval Mission Systems, Maritime Stealth among many others).

QinetiQ Group (QinetiQ Group) Headlines