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3D Systems (3D Systems) Cyclically Adjusted FCF per Share : $-0.15 (As of Dec. 2023)


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What is 3D Systems 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.

3D Systems's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.115. 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 $-0.15 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 3D Systems was 34.10% per year. The lowest was -22.90% per year. And the median was 14.00% per year.

As of today (2024-04-27), 3D Systems's current stock price is $3.43. 3D Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.15. 3D Systems's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of 3D Systems was 1205.25. The lowest was 33.21. And the median was 100.14.


3D Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for 3D Systems'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.

3D Systems Cyclically Adjusted FCF per Share Chart

3D Systems 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 0.18 0.10 0.09 -0.05 -0.15

3D Systems 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 -0.05 -0.08 -0.09 -0.15 -0.15

Competitive Comparison of 3D Systems's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, 3D Systems'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.


3D Systems's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, 3D Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where 3D Systems's Cyclically Adjusted Price-to-FCF falls into.



3D Systems 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, 3D Systems'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)
=-0.115/129.4194*129.4194
=-0.115

Current CPI (Dec. 2023) = 129.4194.

3D Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.033 99.695 -0.043
201406 0.126 100.560 0.162
201409 0.005 100.428 0.006
201412 0.153 99.070 0.200
201503 -0.043 99.621 -0.056
201506 -0.127 100.684 -0.163
201509 -0.092 100.392 -0.119
201512 0.029 99.792 0.038
201603 0.122 100.470 0.157
201606 0.081 101.688 0.103
201609 0.025 101.861 0.032
201612 0.129 101.863 0.164
201703 0.121 102.862 0.152
201706 -0.060 103.349 -0.075
201709 -0.099 104.136 -0.123
201712 -0.004 104.011 -0.005
201803 -0.110 105.290 -0.135
201806 0.030 106.317 0.037
201809 -0.198 106.507 -0.241
201812 -0.041 105.998 -0.050
201903 -0.212 107.251 -0.256
201906 0.116 108.070 0.139
201909 0.023 108.329 0.027
201912 0.138 108.420 0.165
202003 -0.058 108.902 -0.069
202006 -0.186 108.767 -0.221
202009 -0.131 109.815 -0.154
202012 0.081 109.897 0.095
202103 0.196 111.754 0.227
202106 0.075 114.631 0.085
202109 0.112 115.734 0.125
202112 -0.141 117.630 -0.155
202203 -0.152 121.301 -0.162
202206 -0.230 125.017 -0.238
202209 -0.163 125.227 -0.168
202212 -0.166 125.222 -0.172
202303 -0.285 127.348 -0.290
202306 -0.178 128.729 -0.179
202309 -0.254 129.860 -0.253
202312 -0.115 129.419 -0.115

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


3D Systems  (NYSE:DDD) 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 3D Systems was 1205.25. The lowest was 33.21. And the median was 100.14.


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.


3D Systems Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of 3D Systems's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


3D Systems (3D Systems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » 3D Systems Corp (NYSE:DDD) » Definitions » Cyclically Adjusted FCF per Share
Address
333 Three D Systems Circle, Rock Hill, SC, USA, 29730
3D Systems Corp provides comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on-demand manufacturing services, and digital design tools. The company's segments include Healthcare Solutions and Industrial Solutions. It generates maximum revenue from the Industrial segment. It conducts business through various offices and facilities located throughout the Americas, EMEA, and APAC; generating a vast majority of revenues from the Americas.
Executives
Thomas W Erickson director OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY STE. 350, AMM ARBER MI 48108
Margaret E Wicklund officer: Chief Accounting Officer 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Reji Puthenveetil officer: EVP, Industrial Solutions 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Malissia Clinton director 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Joseph R. Zuiker officer: EVP, Engineering & Operations 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Andrew Martin Johnson officer: VP, General Counsel & Secretar 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Jeffrey A Graves officer: President and CEO C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
Michael Lynn Turner officer: EVP & Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Charles W Hull director, officer: Exec. V.P./Chief Tech. Off. 3D SYSTEMS CORPORATION, 333 THREE D SYSTEMS CORPORATION, ROCK HILL SC 29730
Jim D Kever director C/O 3D SYSTEMS, 26081 AVENUE HALL, VALENCIA CA 91355
Jagtar Narula officer: EVP & Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Claudia Drayton director 12988 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Phyllis B Nordstrom officer: EVP & CHRO 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
David K Leigh officer: EVP & CTO (Additive Mfg) 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Michael S Crimmins officer: SVP, Chief Accounting Officer 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007