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Viewcast.com (Viewcast.com) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Viewcast.com Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Viewcast.com Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Viewcast.com'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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Viewcast.com Cyclically Adjusted Price-to-FCF Chart

Viewcast.com Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Price-to-FCF
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Viewcast.com Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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Competitive Comparison of Viewcast.com's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Viewcast.com'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.


Viewcast.com's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Viewcast.com's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Viewcast.com 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.

Viewcast.com's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2013 is calculated as:

For example, Viewcast.com's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2013 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2013 (Change)*Current CPI (Jun. 2013)
=-0/98.5178*98.5178
=0.000

Current CPI (Jun. 2013) = 98.5178.

Viewcast.com Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200309 0.025 78.138 0.032
200312 -0.074 77.758 -0.094
200403 0.025 79.066 0.031
200406 -0.050 80.037 -0.062
200409 0.008 80.121 0.010
200412 -0.017 80.290 -0.021
200503 -0.001 81.555 -0.001
200506 -0.018 82.062 -0.022
200509 -0.026 83.876 -0.031
200512 -0.042 83.032 -0.050
200603 -0.024 84.298 -0.028
200606 -0.018 85.606 -0.021
200609 0.010 85.606 0.012
200612 -0.006 85.142 -0.007
200703 -0.011 86.640 -0.013
200706 -0.013 87.906 -0.015
200709 0.000 87.964 0.000
200712 0.023 88.616 0.026
200803 0.049 90.090 0.054
200806 -0.002 92.320 -0.002
200809 -0.054 92.307 -0.058
200812 0.049 88.697 0.054
200903 0.005 89.744 0.005
200906 -0.025 91.003 -0.027
200909 -0.001 91.120 -0.001
200912 0.002 91.111 0.002
201003 -0.013 91.821 -0.014
201006 0.003 91.962 0.003
201009 0.004 92.162 0.004
201012 -0.002 92.474 -0.002
201103 -0.011 94.283 -0.011
201106 -0.013 95.235 -0.013
201109 -0.008 95.727 -0.008
201112 -0.003 95.213 -0.003
201203 -0.011 96.783 -0.011
201206 0.001 96.819 0.001
201209 -0.002 97.633 -0.002
201212 -0.007 96.871 -0.007
201303 0.004 98.209 0.004
201306 0.000 98.518 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.


Viewcast.com  (OTCPK:VCST) 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.


Viewcast.com Cyclically Adjusted Price-to-FCF Related Terms

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Viewcast.com (Viewcast.com) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3701 W. Plano Parkway, Suite 300, Plano, TX, USA, 75075-7840
Viewcast.com Inc is engaged in developing industry hardware and software for the capture, management, transformation and delivery of digital media over IP and mobile networks. The company products include Niagara System and Osprey Cards, provides required technology to deliver the multi-platform experiences.
Executives
Adrian Giuhat officer: CTO 750 W JOHN CARPENTER FWY, STE 700, IRVING TX 75039
Laurie L Latham officer: Chief Financial Officer C/O VIEWCAST COM, 2665 VILLA CREEK DRIVE, DALLAS TX 75234

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