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Ubiquiti (Ubiquiti) Cyclically Adjusted Price-to-FCF : 26.96 (As of May. 01, 2024)


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What is Ubiquiti Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Ubiquiti's current share price is $107.58. Ubiquiti's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.99. Ubiquiti's Cyclically Adjusted Price-to-FCF for today is 26.96.

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

UI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.73   Med: 70.7   Max: 137.77
Current: 27.32

During the past years, Ubiquiti's highest Cyclically Adjusted Price-to-FCF was 137.77. The lowest was 26.73. And the median was 70.70.

UI's Cyclically Adjusted Price-to-FCF is ranked better than
52.19% of 960 companies
in the Hardware industry
Industry Median: 28.155 vs UI: 27.32

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.

Ubiquiti's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.236. 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 $3.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ubiquiti Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ubiquiti'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.

Ubiquiti Cyclically Adjusted Price-to-FCF Chart

Ubiquiti Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 72.54 92.12 59.24 45.64

Ubiquiti 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 66.52 70.39 45.64 37.11 35.00

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

For the Communication Equipment subindustry, Ubiquiti'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.


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

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

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



Ubiquiti 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=107.58/3.99
=26.96

* 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.

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

For example, Ubiquiti'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)
=1.236/129.4194*129.4194
=1.236

Current CPI (Dec. 2023) = 129.4194.

Ubiquiti Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.170 99.695 -0.221
201406 0.612 100.560 0.788
201409 0.484 100.428 0.624
201412 0.309 99.070 0.404
201503 0.384 99.621 0.499
201506 0.183 100.684 0.235
201509 0.519 100.392 0.669
201512 0.885 99.792 1.148
201603 0.296 100.470 0.381
201606 0.526 101.688 0.669
201609 0.378 101.861 0.480
201612 0.490 101.863 0.623
201703 -0.152 102.862 -0.191
201706 0.545 103.349 0.682
201709 1.150 104.136 1.429
201712 0.843 104.011 1.049
201803 1.518 105.290 1.866
201806 0.607 106.317 0.739
201809 1.216 106.507 1.478
201812 0.687 105.998 0.839
201903 0.164 107.251 0.198
201906 0.811 108.070 0.971
201909 1.479 108.329 1.767
201912 1.872 108.420 2.235
202003 1.289 108.902 1.532
202006 1.931 108.767 2.298
202009 1.792 109.815 2.112
202012 2.909 109.897 3.426
202103 2.143 111.754 2.482
202106 2.580 114.631 2.913
202109 1.566 115.734 1.751
202112 1.470 117.630 1.617
202203 1.621 121.301 1.729
202206 1.117 125.017 1.156
202209 0.551 125.227 0.569
202212 -0.735 125.222 -0.760
202303 -2.719 127.348 -2.763
202306 0.152 128.729 0.153
202309 1.070 129.860 1.066
202312 1.236 129.419 1.236

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.


Ubiquiti  (NYSE:UI) 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.


Ubiquiti Cyclically Adjusted Price-to-FCF Related Terms

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


Ubiquiti (Ubiquiti) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ubiquiti Inc (NYSE:UI) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
685 Third Avenue, 27th Floor, New York, NY, USA, 10017
Ubiquiti Inc is a wireless and wireline network equipment provider for small Internet service providers and small- and midsize-business integrators. Its product is based on two primary categories namely Service Provider Technology and Enterprise Technology. The company generates maximum revenue from Enterprise Technology. Geographically, it derives a majority of revenue from North America and also has a presence in Europe, the Middle East and Africa; Asia Pacific and South America.
Executives
Ronald Sege director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Brandon Arrindell director UBIQUITI INC., 685 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Benjamin Moore officer: VP Business Development 91 E. TASMAN DRIVE, SAN JOSE CA 95134
Robert J Pera director, 10 percent owner, officer: Chief Executive Officer 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Rafael Torres director 4359 RED MAPLE CT, SAN JOSE CA 95138
Michael E. Hurlston director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kevin Radigan officer: Chief Accounting Officer 685 THIRD AVE, 27TH FLOOR, NEW YORK NY 10017
Mark Spragg officer: Interim CAO 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
John Sanford officer: Chief Technology Officer 91 E. TASMAN DRIVE, SAN JOSE CA 95134
Steven R Altman director
Peter Y Chung director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Summit Partners Private Equity Fund Vii-a, L.p. 10 percent owner C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02110
Fitzgerald Charles James Jr director SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Summit Partners L P other: Manager of GP of 10% owner. 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Jessica Zhou officer: General Counsel & VP UBIQUITI NETWORKS, INC., 91 E. TASMAN DRIVE, SAN JOSE CA 95134

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