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Zedcor (TSXV:ZDC) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is Zedcor Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zedcor Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zedcor'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.

Zedcor Cyclically Adjusted Price-to-FCF Chart

Zedcor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 55.55 -

Zedcor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 55.55 77.66 - - -

Competitive Comparison of Zedcor's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Zedcor'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.


Zedcor's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Zedcor 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.

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

For example, Zedcor'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)
=-0.023/125.0724*125.0724
=-0.023

Current CPI (Dec. 2023) = 125.0724.

Zedcor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.132 98.604 -0.167
201406 0.096 99.473 0.121
201409 -0.132 99.394 -0.166
201412 0.025 98.367 0.032
201503 0.068 99.789 0.085
201506 0.131 100.500 0.163
201509 0.056 100.421 0.070
201512 0.041 99.947 0.051
201603 0.009 101.054 0.011
201606 0.037 102.002 0.045
201609 -0.023 101.765 -0.028
201612 -0.052 101.449 -0.064
201703 -0.021 102.634 -0.026
201706 0.009 103.029 0.011
201709 -0.014 103.345 -0.017
201712 0.014 103.345 0.017
201803 -0.044 105.004 -0.052
201806 -0.039 105.557 -0.046
201809 -0.048 105.636 -0.057
201812 -0.043 105.399 -0.051
201903 0.000 106.979 0.000
201906 0.045 107.690 0.052
201909 -0.010 107.611 -0.012
201912 0.016 107.769 0.019
202003 0.005 107.927 0.006
202006 0.037 108.401 0.043
202009 -0.010 108.164 -0.012
202012 -0.014 108.559 -0.016
202103 -0.001 110.298 -0.001
202106 0.008 111.720 0.009
202109 0.002 112.905 0.002
202112 -0.030 113.774 -0.033
202203 -0.005 117.646 -0.005
202206 -0.029 120.806 -0.030
202209 -0.008 120.648 -0.008
202212 0.004 120.964 0.004
202303 -0.010 122.702 -0.010
202306 -0.034 124.203 -0.034
202309 0.022 125.230 0.022
202312 -0.023 125.072 -0.023

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.


Zedcor  (TSXV:ZDC) 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.


Zedcor Cyclically Adjusted Price-to-FCF Related Terms

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


Zedcor (TSXV:ZDC) Business Description

Industry
Traded in Other Exchanges
Address
151 Canada Olympic Road SW, Suite 300, Calgary, AB, CAN, T3B 6B7
Zedcor Inc is engaged in providing security & surveillance services, and rental of surface equipment & accommodations in Western Canada. The company operates in one segment namely, Security & Surveillance. The firm offers three main services to customers across all market segments such as surveillance and live monitoring through its proprietary MobileyeZ security towers; surveillance and live monitoring of fixed site locations; and security personnel.
Executives
Todd Ziniuk Senior Officer

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