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TAT Technologies (TAT Technologies) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is TAT Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TAT Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TAT Technologies'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.

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TAT Technologies Cyclically Adjusted Price-to-FCF Chart

TAT Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 269.75 197.75 - - -

TAT Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of TAT Technologies's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, TAT Technologies'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.


TAT Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAT Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



TAT Technologies 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.

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

For example, TAT Technologies'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)
=-0.083/129.4194*129.4194
=-0.083

Current CPI (Dec. 2023) = 129.4194.

TAT Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.145 99.695 0.188
201406 0.110 100.560 0.142
201409 -0.182 100.428 -0.235
201412 -0.238 99.070 -0.311
201503 -0.126 99.621 -0.164
201506 -0.080 100.684 -0.103
201509 -0.094 100.392 -0.121
201512 0.007 99.792 0.009
201603 -0.096 100.470 -0.124
201606 -0.479 101.688 -0.610
201609 0.125 101.861 0.159
201612 0.430 101.863 0.546
201703 0.282 102.862 0.355
201706 -0.115 103.349 -0.144
201709 -0.198 104.136 -0.246
201712 -0.084 104.011 -0.105
201803 -0.134 105.290 -0.165
201806 -0.139 106.317 -0.169
201809 0.221 106.507 0.269
201812 -0.196 105.998 -0.239
201903 -0.189 107.251 -0.228
201906 0.009 108.070 0.011
201909 0.285 108.329 0.340
201912 -0.068 108.420 -0.081
202003 0.041 108.902 0.049
202006 0.562 108.767 0.669
202009 -0.223 109.815 -0.263
202012 -0.355 109.897 -0.418
202103 -0.955 111.754 -1.106
202106 -0.352 114.631 -0.397
202109 -0.568 115.734 -0.635
202112 -0.327 117.630 -0.360
202203 -0.871 121.301 -0.929
202206 -0.699 125.017 -0.724
202209 -0.762 125.227 -0.788
202212 -0.019 125.222 -0.020
202303 0.037 127.348 0.038
202306 0.158 128.729 0.159
202309 -0.470 129.860 -0.468
202312 -0.083 129.419 -0.083

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.


TAT Technologies  (NAS:TATT) 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.


TAT Technologies Cyclically Adjusted Price-to-FCF Related Terms

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TAT Technologies (TAT Technologies) Business Description

Traded in Other Exchanges
Address
Hamelacha 5, Netanya, ISR, 4250540
TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.