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VTech Holdings (VTech Holdings) Cyclically Adjusted Price-to-FCF : 7.06 (As of Apr. 27, 2024)


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What is VTech Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), VTech Holdings's current share price is $5.44. VTech Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was $0.77. VTech Holdings's Cyclically Adjusted Price-to-FCF for today is 7.06.

The historical rank and industry rank for VTech Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

VTKLF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.89   Med: 12.72   Max: 23.71
Current: 7.33

During the past 13 years, VTech Holdings's highest Cyclically Adjusted Price-to-FCF was 23.71. The lowest was 6.89. And the median was 12.72.

VTKLF's Cyclically Adjusted Price-to-FCF is ranked better than
91.92% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs VTKLF: 7.33

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.

VTech Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was $0.836. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.77 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


VTech Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for VTech Holdings'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.

* Premium members only.

VTech Holdings Cyclically Adjusted Price-to-FCF Chart

VTech Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.78 9.19 11.07 9.45 7.65

VTech Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cyclically Adjusted Price-to-FCF 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 - 9.45 - 7.65 -

Competitive Comparison of VTech Holdings's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, VTech Holdings'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.


VTech Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



VTech Holdings 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.

VTech Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.44/0.77
=7.06

* 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.

VTech Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, VTech Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.836/115.4269*115.4269
=0.836

Current CPI (Mar23) = 115.4269.

VTech Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.811 95.749 0.978
201503 0.791 99.927 0.914
201603 0.697 102.785 0.783
201703 0.596 103.335 0.666
201803 0.550 105.973 0.599
201903 0.843 108.172 0.900
202003 0.804 110.920 0.837
202103 0.922 111.579 0.954
202203 0.411 113.558 0.418
202303 0.836 115.427 0.836

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.


VTech Holdings  (OTCPK:VTKLF) 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.


VTech Holdings Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of VTech Holdings's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


VTech Holdings (VTech Holdings) Business Description

Industry
Traded in Other Exchanges
Address
Block 1, 57 Ting Kok Road, Tai Po, 23rd Floor, Tai Ping Industrial Centre, New Territories, Hong Kong, HKG
VTech Holdings Ltd is engaged in designing, manufacturing, and distribution of consumer electronic products. It also provides contract manufacturing services. VTech's diverse collection of products include Telephone Products, Business Phones, Electronic Learning Toys, Baby Monitors and Hospitality Products. It offers turnkey services to customers in a number of product categories. The company operates through four geographical segments, North America including the United States and Canada, Europe, Asia Pacific and Others, which covers sales of electronic products to the rest of the world. VTech generates a majority of its revenue from North America and Europe.

VTech Holdings (VTech Holdings) Headlines

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