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Baylin Technologies (TSX:BYL) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Baylin Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Baylin 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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Baylin Technologies Cyclically Adjusted Price-to-FCF Chart

Baylin Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Baylin 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 Baylin Technologies's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Baylin 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.


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

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

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



Baylin 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.

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

For example, Baylin 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)
=-0/125.4675*125.4675
=0.000

Current CPI (Dec. 2023) = 125.4675.

Baylin Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.198 98.604 -0.252
201406 -0.244 99.473 -0.308
201409 -0.314 99.394 -0.396
201412 -0.424 98.367 -0.541
201503 -0.286 99.789 -0.360
201506 -0.041 100.500 -0.051
201509 -0.593 100.421 -0.741
201512 -0.025 99.947 -0.031
201603 -0.071 101.054 -0.088
201606 -0.048 102.002 -0.059
201609 0.079 101.765 0.097
201612 0.021 101.449 0.026
201703 -0.216 102.634 -0.264
201706 -0.048 103.029 -0.058
201709 -0.028 103.345 -0.034
201712 0.159 103.345 0.193
201803 -0.178 105.004 -0.213
201806 -0.114 105.557 -0.136
201809 0.002 105.636 0.002
201812 0.074 105.399 0.088
201903 -0.221 106.979 -0.259
201906 0.023 107.690 0.027
201909 -0.045 107.611 -0.052
201912 0.007 107.769 0.008
202003 -0.014 107.927 -0.016
202006 -0.031 108.401 -0.036
202009 0.056 108.164 0.065
202012 -0.093 108.559 -0.107
202103 -0.072 110.298 -0.082
202106 -0.062 111.720 -0.070
202109 0.010 112.905 0.011
202112 -0.029 113.774 -0.032
202203 -0.060 117.646 -0.064
202206 -0.040 120.806 -0.042
202209 0.011 120.648 0.011
202212 0.000 120.964 0.000
202303 0.005 122.702 0.005
202306 -0.010 124.203 -0.010
202309 -0.078 125.230 -0.078
202312 0.000 125.468 0.000

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.


Baylin Technologies  (TSX:BYL) 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.


Baylin Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Baylin Technologies (TSX:BYL) Business Description

Industry
Traded in Other Exchanges
Address
4711 Yonge Street, Suite 503, Toronto, ON, CAN, M2N 6K8
Baylin Technologies Inc is a diversified wireless technology management company. It focuses on the research, design, development, manufacturing, and sales of passive and active radio frequency and terrestrial microwave products and services. The products are marketed and sold under the brand names Galtronics, Advantech Wireless, Alga Microwave, and Mitec VSAT.

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