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Vecima Networks (Vecima Networks) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Vecima Networks Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vecima Networks Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vecima Networks'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.

Vecima Networks Cyclically Adjusted Price-to-FCF Chart

Vecima Networks 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 17.38 21.73 34.12 39.16 120.70

Vecima Networks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 121.90 120.70 120.43 1,454.54 -

Competitive Comparison of Vecima Networks's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Vecima Networks'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.


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

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

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



Vecima Networks 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.

Vecima Networks's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vecima Networks's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.09/126.2576*126.2576
=-1.090

Current CPI (Mar. 2024) = 126.2576.

Vecima Networks Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.265 99.473 0.336
201409 0.149 99.394 0.189
201412 0.053 98.367 0.068
201503 0.197 99.789 0.249
201506 0.155 100.500 0.195
201509 0.226 100.421 0.284
201512 0.289 99.947 0.365
201603 0.398 101.054 0.497
201606 0.224 102.002 0.277
201609 0.266 101.765 0.330
201612 -0.104 101.449 -0.129
201703 0.033 102.634 0.041
201706 0.098 103.029 0.120
201709 0.192 103.345 0.235
201712 -0.116 103.345 -0.142
201803 0.186 105.004 0.224
201806 -0.160 105.557 -0.191
201809 -0.150 105.636 -0.179
201812 -0.180 105.399 -0.216
201903 0.119 106.979 0.140
201906 -0.038 107.690 -0.045
201909 -0.089 107.611 -0.104
201912 0.034 107.769 0.040
202003 -0.047 107.927 -0.055
202006 -0.007 108.401 -0.008
202009 -0.012 108.164 -0.014
202012 -0.173 108.559 -0.201
202103 -0.021 110.298 -0.024
202106 0.270 111.720 0.305
202109 -0.326 112.905 -0.365
202112 -0.147 113.774 -0.163
202203 -0.362 117.646 -0.388
202206 0.153 120.806 0.160
202209 -0.443 120.648 -0.464
202212 -0.562 120.964 -0.587
202303 -0.109 122.702 -0.112
202306 -0.070 124.203 -0.071
202309 0.044 125.230 0.044
202312 -0.641 125.072 -0.647
202403 -1.090 126.258 -1.090

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.


Vecima Networks  (OTCPK:VNWTF) 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.


Vecima Networks Cyclically Adjusted Price-to-FCF Related Terms

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Vecima Networks (Vecima Networks) Business Description

Industry
Traded in Other Exchanges
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.