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ClearOne (ClearOne) Cyclically Adjusted FCF per Share : $-0.05 (As of Dec. 2023)


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What is ClearOne Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

ClearOne's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.144. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.05 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of ClearOne was 111.80% per year. The lowest was -28.30% per year. And the median was -0.15% per year.

As of today (2024-04-28), ClearOne's current stock price is $0.9138. ClearOne's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.05. ClearOne's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ClearOne was 22.05. The lowest was 2.52. And the median was 12.46.


ClearOne Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ClearOne's Cyclically Adjusted FCF per Share 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.

ClearOne Cyclically Adjusted FCF per Share Chart

ClearOne Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.31 0.19 -0.42 -0.05

ClearOne Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -0.42 -0.01 -0.03 -0.08 -0.05

Competitive Comparison of ClearOne's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, ClearOne'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.


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

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

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



ClearOne Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, ClearOne'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)
=0.144/129.4194*129.4194
=0.144

Current CPI (Dec. 2023) = 129.4194.

ClearOne Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.338 99.695 0.439
201406 -0.090 100.560 -0.116
201409 0.298 100.428 0.384
201412 0.079 99.070 0.103
201503 0.291 99.621 0.378
201506 -0.009 100.684 -0.012
201509 0.377 100.392 0.486
201512 0.096 99.792 0.125
201603 0.205 100.470 0.264
201606 0.071 101.688 0.090
201609 0.467 101.861 0.593
201612 0.005 101.863 0.006
201703 -0.182 102.862 -0.229
201706 -0.415 103.349 -0.520
201709 -0.472 104.136 -0.587
201712 -0.390 104.011 -0.485
201803 -0.205 105.290 -0.252
201806 -0.334 106.317 -0.407
201809 -0.368 106.507 -0.447
201812 -0.389 105.998 -0.475
201903 -0.153 107.251 -0.185
201906 -0.075 108.070 -0.090
201909 -0.378 108.329 -0.452
201912 0.004 108.420 0.005
202003 -0.076 108.902 -0.090
202006 -0.165 108.767 -0.196
202009 -0.133 109.815 -0.157
202012 -0.101 109.897 -0.119
202103 -0.094 111.754 -0.109
202106 -0.033 114.631 -0.037
202109 -0.241 115.734 -0.269
202112 -0.252 117.630 -0.277
202203 -0.055 121.301 -0.059
202206 -0.082 125.017 -0.085
202209 0.019 125.227 0.020
202212 -0.079 125.222 -0.082
202303 2.515 127.348 2.556
202306 -0.323 128.729 -0.325
202309 -0.077 129.860 -0.077
202312 0.144 129.419 0.144

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


ClearOne  (NAS:CLRO) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ClearOne was 22.05. The lowest was 2.52. And the median was 12.46.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


ClearOne Cyclically Adjusted FCF per Share Related Terms

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


ClearOne (ClearOne) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ClearOne Inc (NAS:CLRO) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
5225 Wiley Post Way, Suite 500, Salt Lake City, UT, USA, 84116
ClearOne Inc is a communications solutions company, which is engaged in designing, developing, and selling conferencing, collaboration, streaming, and digital signage solutions for audio, video, and visual communication. It sells its commercial products to end-users primarily through a network of independent distributors, who in turn sells its products to dealers, systems integrators, and other resellers. Its products include professional audio, network media streaming, and professional microphones. Geographically the firm has its business presence across the US and international market.
Executives
Edward D Bagley director, 10 percent owner 2350 OAK HILL LANE, SALT LAKE CITY UT 84121
Larry Hendricks director 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Derek Graham officer: Interim CEO C/O CLEARONE, INC., 5225 WILEY POST WAY, STE. 500, SALT LAKE CITY UT 84116
Clearone, Inc. officer: Interim CEO 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Zeynep Hakimoglu officer: VP of Product Management 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Bruce Whaley director C/O CLEARONE, EDGEWATER CORPORATE PARK, S. TOWER, 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Narasimhan Narayanan officer: VP FINANCE 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Lisa Higley director C/O CLEARONE INC., 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
E Bryan Bagley 10 percent owner 1470 ARLINGTON DR, SALT LAKE CITY UT 84103
Scott Huntsman director 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Brad Baldwin director 3607 APPLEMILL COVE, SALT LAKE CITY UT 84109
Eric L Robinson director 551 EAST INDIAN SPRINGS ROAD, BOUNTIFUL UT 84010
Michael J Braithwaite officer: SVP 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Joseph Paul Sorrentino officer: EXEC VP OF SALES 1825 RESEARCH WAY, SALT LAKE CITY UT 84119
Mark Allen Fletcher officer: VP OF WORLDWIDE SALES 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116