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FLIR Systems (FLIR Systems) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2021)


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What is FLIR Systems 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.

FLIR Systems's adjusted free cash flow per share for the three months ended in Mar. 2021 was $0.076. 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 $0.00 for the trailing ten years ended in Mar. 2021.

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.

As of today (2024-05-05), FLIR Systems's current stock price is $57.17. FLIR Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2021 was $0.00. FLIR Systems's Cyclically Adjusted Price-to-FCF of today is .


FLIR Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for FLIR Systems'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.

FLIR Systems Cyclically Adjusted FCF per Share Chart

FLIR Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted FCF per Share
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FLIR Systems Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of FLIR Systems's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, FLIR Systems'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.


FLIR Systems's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



FLIR Systems 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, FLIR Systems's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2021 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=0.076/111.7544*111.7544
=0.076

Current CPI (Mar. 2021) = 111.7544.

FLIR Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201106 0.030 95.235 0.035
201109 0.209 95.727 0.244
201112 0.667 95.213 0.783
201203 0.230 96.783 0.266
201206 0.411 96.819 0.474
201209 0.221 97.633 0.253
201212 0.626 96.871 0.722
201303 0.337 98.209 0.383
201306 0.867 98.518 0.983
201309 0.269 98.790 0.304
201312 0.626 98.326 0.711
201403 0.349 99.695 0.391
201406 0.377 100.560 0.419
201409 0.125 100.428 0.139
201412 0.297 99.070 0.335
201503 0.437 99.621 0.490
201506 0.221 100.684 0.245
201509 0.386 100.392 0.430
201512 0.559 99.792 0.626
201603 0.259 100.470 0.288
201606 0.554 101.688 0.609
201609 0.594 101.861 0.652
201612 0.643 101.863 0.705
201703 0.445 102.862 0.483
201706 0.145 103.349 0.157
201709 0.688 104.136 0.738
201712 0.624 104.011 0.670
201803 0.256 105.290 0.272
201806 0.741 106.317 0.779
201809 0.821 106.507 0.861
201812 0.635 105.998 0.669
201903 0.338 107.251 0.352
201906 0.431 108.070 0.446
201909 1.024 108.329 1.056
201912 0.594 108.420 0.612
202003 0.283 108.902 0.290
202006 0.369 108.767 0.379
202009 0.549 109.815 0.559
202012 0.729 109.897 0.741
202103 0.076 111.754 0.076

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


FLIR Systems  (NAS:FLIR) 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.


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.


FLIR Systems Cyclically Adjusted FCF per Share Related Terms

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


FLIR Systems (FLIR Systems) Business Description

Industry
Traded in Other Exchanges
N/A
Address
27700 SW Parkway Avenue, Wilsonville, OR, USA, 97070
FLIR Systems Inc designs, develops, markets, and distributes technologies that detect people, objects, and substances. The company's two business units are Industrial Technologies and Defense Technologies segment. The Industrial Technologies segment develops components used to create thermal, industrial, and other imaging systems. The Defense Technologies unit develops imaging and recognition solutions for military, law enforcement, and other government customers. The company operates around the world, with a significant portion of revenue coming from the United States.
Executives
John D Carter director 17575 LITTLE RIVER DRIVE, BEND OR 97707
James J Cannon officer: President and CEO 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Sonia Galindo officer: Sr VP, General Counsel and Sec C/O ROSETTA STONE, 1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Travis Barton Johnson officer: VP, Controller & CAO 41789 IVY GLEN COURT, ASHBURN VA 20148
Paula M. Cooney officer: SVP and CHRO 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
William Wright Crouch director 27700 SW PARKWAY AVENUE WILSONVILLE OR 97070
Carol P Lowe officer: Exec VP, Finance and CFO 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104
Steven E Wynne director 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Angus L Macdonald director 27700 SW PARKWAY AVENUE WILSONVILLE OR 97070
Earl R Lewis director C/O NXSTAGE MEDICAL INC. (NXTM), 439 SOUTH UNION STREET, 5TH FLOOR, LAWRENCE MA 01843
Jeffrey Frank officer: Sr VP, Global Product Strategy 27700 SW PARKWAY AVE WILSONVILLE OR 97070
Wood John W Jr director C/O ANALOGIC, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Cathy A Stauffer director
Robert S Tyrer director EDO CORP 60 EAST 42ND STR 42ND FL NEW YORK NY 10165
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431

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