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Firan Technology Group (TSX:FTG) Cyclically Adjusted Price-to-FCF : 33.47 (As of May. 01, 2024)


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What is Firan Technology Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Firan Technology Group's current share price is C$5.02. Firan Technology Group's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was C$0.15. Firan Technology Group's Cyclically Adjusted Price-to-FCF for today is 33.47.

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

TSX:FTG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7   Med: 30.33   Max: 321
Current: 34.46

During the past years, Firan Technology Group's highest Cyclically Adjusted Price-to-FCF was 321.00. The lowest was 7.00. And the median was 30.33.

TSX:FTG's Cyclically Adjusted Price-to-FCF is ranked better than
50.91% of 110 companies
in the Aerospace & Defense industry
Industry Median: 35.86 vs TSX:FTG: 34.46

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.

Firan Technology Group's adjusted free cash flow per share data for the three months ended in Feb. 2024 was C$-0.098. 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 C$0.15 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Firan Technology Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Firan Technology 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.

Firan Technology Group Cyclically Adjusted Price-to-FCF Chart

Firan Technology Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.69 27.05 29.57 14.73 28.00

Firan Technology Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 21.96 21.30 23.42 28.00 39.33

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

For the Aerospace & Defense subindustry, Firan Technology 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.


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

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

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



Firan Technology 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.02/0.15
=33.47

* 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.

Firan Technology Group's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Firan Technology Group's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.098/125.4675*125.4675
=-0.098

Current CPI (Feb. 2024) = 125.4675.

Firan Technology Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.069 99.394 0.087
201408 -0.018 99.315 -0.023
201411 -0.017 99.078 -0.022
201502 0.029 99.078 0.037
201505 -0.013 100.263 -0.016
201508 0.130 100.579 0.162
201511 0.050 100.421 0.062
201602 -0.027 100.421 -0.034
201605 -0.189 101.765 -0.233
201608 -0.397 101.686 -0.490
201611 -0.070 101.607 -0.086
201702 0.036 102.476 0.044
201705 -0.015 103.108 -0.018
201708 0.035 103.108 0.043
201711 -0.127 103.740 -0.154
201802 -0.028 104.688 -0.034
201805 0.147 105.399 0.175
201808 0.020 106.031 0.024
201811 0.215 105.478 0.256
201902 -0.073 106.268 -0.086
201905 0.093 107.927 0.108
201908 0.241 108.085 0.280
201911 0.098 107.769 0.114
202002 0.144 108.559 0.166
202005 0.121 107.532 0.141
202008 0.127 108.243 0.147
202011 0.172 108.796 0.198
202102 0.001 109.745 0.001
202105 0.095 111.404 0.107
202108 0.028 112.668 0.031
202111 0.068 113.932 0.075
202202 -0.049 115.986 -0.053
202205 0.035 120.016 0.037
202208 0.195 120.569 0.203
202211 0.111 121.675 0.114
202302 0.032 122.070 0.033
202305 0.019 124.045 0.019
202308 0.067 125.389 0.067
202311 0.071 125.468 0.071
202402 -0.098 125.468 -0.098

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.


Firan Technology Group  (TSX:FTG) 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.


Firan Technology Group Cyclically Adjusted Price-to-FCF Related Terms

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Firan Technology Group (TSX:FTG) Business Description

Traded in Other Exchanges
Address
250 Finchdene Square, Finance Dept, Toronto, ON, CAN, M1X 1A5
Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the marketplace globally. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, sub-assemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe and generates substantial sales from the United States. The majority of revenue is from the Circuit segment.

Firan Technology Group (TSX:FTG) Headlines

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