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Spectra Products (Spectra Products) Cyclically Adjusted FCF per Share : $0.02 (As of Sep. 2023)


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What is Spectra Products 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.

Spectra Products's adjusted free cash flow per share for the three months ended in Sep. 2023 was $0.004. 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 $0.02 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Spectra Products's average Cyclically Adjusted FCF Growth Rate was 50.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 44.20% per year. 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 Spectra Products was 44.20% per year. The lowest was 5.00% per year. And the median was 16.35% per year.

As of today (2024-04-30), Spectra Products's current stock price is $0.17. Spectra Products's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.02. Spectra Products's Cyclically Adjusted Price-to-FCF of today is 8.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Spectra Products was 35.00. The lowest was 5.67. And the median was 10.00.


Spectra Products Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Spectra Products'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.

Spectra Products Cyclically Adjusted FCF per Share Chart

Spectra Products Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.02 0.02 0.02

Spectra Products Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Spectra Products's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Spectra Products'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.


Spectra Products's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Spectra Products's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Spectra Products 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, Spectra Products's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.004/125.2304*125.2304
=0.004

Current CPI (Sep. 2023) = 125.2304.

Spectra Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.001 96.945 0.001
201403 0.000 98.604 0.000
201406 0.001 99.473 0.001
201409 0.002 99.394 0.003
201412 0.005 98.367 0.006
201503 -0.002 99.789 -0.003
201506 0.006 100.500 0.007
201509 0.003 100.421 0.004
201512 -0.001 99.947 -0.001
201603 0.007 101.054 0.009
201606 0.007 102.002 0.009
201609 -0.004 101.765 -0.005
201612 0.001 101.449 0.001
201703 0.006 102.634 0.007
201706 0.002 103.029 0.002
201709 0.005 103.345 0.006
201712 0.004 103.345 0.005
201803 0.007 105.004 0.008
201806 0.009 105.557 0.011
201809 0.011 105.636 0.013
201812 0.004 105.399 0.005
201903 0.008 106.979 0.009
201906 0.017 107.690 0.020
201909 0.004 107.611 0.005
201912 0.004 107.769 0.005
202003 0.003 107.927 0.003
202006 0.004 108.401 0.005
202009 0.009 108.164 0.010
202012 0.008 108.559 0.009
202103 0.005 110.298 0.006
202106 0.006 111.720 0.007
202109 0.009 112.905 0.010
202112 0.002 113.774 0.002
202203 0.001 117.646 0.001
202206 0.001 120.806 0.001
202209 0.008 120.648 0.008
202212 0.005 120.964 0.005
202303 -0.002 122.702 -0.002
202306 0.006 124.203 0.006
202309 0.004 125.230 0.004

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


Spectra Products  (OTCPK:SPKTF) 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.

Spectra Products's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.17/0.02
=8.50

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Spectra Products was 35.00. The lowest was 5.67. And the median was 10.00.


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.


Spectra Products Cyclically Adjusted FCF per Share Related Terms

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


Spectra Products (Spectra Products) Business Description

Traded in Other Exchanges
Address
41 Horner Avenue, Unit 2, Etobicoke, Toronto, ON, CAN, M8Z 4X4
Spectra Products Inc is a company engaged in manufacturing and supplying safety and productivity enhancement products to the bus and truck transportation industry. The operating segment of the company is Bus and Truck Transportation Safety Equipment. It manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors and direct sales to fleet operators. Geographically, it generates the majority of its revenue from the United States.

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