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RELLB (Richardson Electronics) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is Richardson Electronics Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Richardson Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Richardson Electronics'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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Richardson Electronics Cyclically Adjusted Price-to-FCF Chart

Richardson Electronics Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Price-to-FCF
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Richardson Electronics Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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Competitive Comparison of Richardson Electronics's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Richardson Electronics'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.


Richardson Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Richardson Electronics 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.

Richardson Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2024 is calculated as:

For example, Richardson Electronics's adjusted Free Cash Flow per Share data for the three months ended in May. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=0.478/132.5091*132.5091
=0.478

Current CPI (May. 2024) = 132.5091.

Richardson Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 -0.083 100.352 -0.110
201411 -0.224 99.635 -0.298
201502 -0.511 99.032 -0.684
201505 -0.236 100.333 -0.312
201508 -0.550 100.548 -0.725
201511 -0.242 100.135 -0.320
201602 -0.543 100.040 -0.719
201605 -0.062 101.355 -0.081
201608 -0.291 101.617 -0.379
201611 -0.117 101.829 -0.152
201702 -0.158 102.779 -0.204
201705 0.300 103.256 0.385
201708 -0.270 103.587 -0.345
201711 -0.118 104.072 -0.150
201802 0.039 105.052 0.049
201805 0.167 106.148 0.208
201808 -0.359 106.383 -0.447
201811 -0.018 106.338 -0.022
201902 -0.265 106.649 -0.329
201905 0.150 108.048 0.184
201908 -0.183 108.245 -0.224
201911 0.011 108.519 0.013
202002 -0.104 109.139 -0.126
202005 0.287 108.175 0.352
202008 -0.311 109.662 -0.376
202011 0.295 109.793 0.356
202102 0.171 110.968 0.204
202105 -0.293 113.576 -0.342
202108 -0.436 115.421 -0.501
202111 0.295 117.269 0.333
202202 -0.135 119.703 -0.149
202205 0.184 123.323 0.198
202208 -0.357 124.958 -0.379
202211 -0.399 125.607 -0.421
202302 -0.496 126.928 -0.518
202305 0.062 128.314 0.064
202308 -0.010 129.538 -0.010
202311 -0.055 129.548 -0.056
202402 -0.224 130.930 -0.227
202405 0.478 132.509 0.478

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.


Richardson Electronics  (GREY:RELLB) 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.


Richardson Electronics Cyclically Adjusted Price-to-FCF Related Terms

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Richardson Electronics Business Description

Traded in Other Exchanges
Address
40W267 Keslinger Road, P.O. Box 393, LaFox, IL, USA, 60147-0393
Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. Its products have applications in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company segments include PMT (Power and Microwave Technologies Group), Canvys, (Green Energy Solutions) GES, and Healthcare reportable segments. The company derives the majority of its revenues from the PMT segment.

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