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Leatt (LEAT) Cyclically Adjusted FCF per Share : $0.24 (As of Mar. 2024)


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What is Leatt 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.

Leatt's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.427. 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 $0.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Leatt's average Cyclically Adjusted FCF Growth Rate was 33.30% per year. 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 (2024-05-24), Leatt's current stock price is $7.23. Leatt's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.24. Leatt's Cyclically Adjusted Price-to-FCF of today is 30.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Leatt was 1103.33. The lowest was 30.01. And the median was 393.80.


Leatt Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Leatt'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.

Leatt Cyclically Adjusted FCF per Share Chart

Leatt Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.06 0.12 0.20

Leatt Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.18 0.21 0.19 0.20 0.24

Competitive Comparison of Leatt's Cyclically Adjusted FCF per Share

For the Leisure subindustry, Leatt'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.


Leatt's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Leatt's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Leatt 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, Leatt's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.427/155.4180*155.4180
=0.427

Current CPI (Mar. 2024) = 155.4180.

Leatt Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.047 95.813 0.076
201409 0.086 96.794 0.138
201412 -0.102 96.794 -0.164
201503 0.086 98.538 0.136
201506 0.076 100.173 0.118
201509 -0.053 101.154 -0.081
201512 -0.029 101.808 -0.044
201603 0.104 104.969 0.154
201606 -0.054 106.713 -0.079
201609 0.027 107.694 0.039
201612 -0.063 109.002 -0.090
201703 0.046 111.400 0.064
201706 0.045 112.054 0.062
201709 0.019 112.926 0.026
201712 -0.046 113.907 -0.063
201803 0.010 115.542 0.013
201806 0.045 116.959 0.060
201809 0.065 118.376 0.085
201812 -0.089 118.921 -0.116
201903 0.005 120.774 0.006
201906 0.001 122.191 0.001
201909 0.062 123.281 0.078
201912 -0.073 123.717 -0.092
202003 -0.086 125.679 -0.106
202006 0.280 124.807 0.349
202009 0.061 126.878 0.075
202012 -0.088 127.467 -0.107
202103 0.176 129.628 0.211
202106 0.001 131.113 0.001
202109 -0.133 133.273 -0.155
202112 0.242 135.029 0.279
202203 -0.152 137.594 -0.172
202206 0.234 140.835 0.258
202209 0.058 143.671 0.063
202212 0.180 145.156 0.193
202303 0.782 147.586 0.823
202306 0.262 148.802 0.274
202309 -0.220 151.502 -0.226
202312 -0.081 152.718 -0.082
202403 0.427 155.418 0.427

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


Leatt  (OTCPK:LEAT) 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.

Leatt's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.23/0.24
=30.13

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Leatt was 1103.33. The lowest was 30.01. And the median was 393.80.


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.


Leatt Cyclically Adjusted FCF per Share Related Terms

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


Leatt (LEAT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Atlas Gardens, Contermanskloof Road, 12 Kiepersol Drive, Durbanville, WC, ZAF, 7550
Leatt Corp designs, develops, markets, and distributes personal protective equipment for participants in all forms of motorsports and leisure activities, including riders of motorcycles, bicycles, snowmobiles, and ATVs, as well as racing car drivers. It operates through the Leatt-Brace brand which offers a patented injection molded neck protection system designed to prevent potentially devastating injuries to the cervical spine and neck. Leatt also acts as the original equipment manufacturer for neck braces sold by other international brands. Geographically all the operations function through the region of the US.
Executives
Christopher James Leatt director, 10 percent owner C/O LEATT CORP., 50 KIEPERSOL CRESCENT, ATLAS GARDENS, CONTERMANSKLOOF, DURBANVILLE, CAPE TOWN T3 7550
Sean Macdonald director, officer: CEO, CFO C/O LEATT CORP., 50 KIEPERSOL CRESCENT, ATLAS GARDENS, CONTERMANSKLOOF, DURBANVILLE, CAPE TOWN T3 7550
Jeffrey J Guzy director 3130 19TH STREET, NORTH, ARLINGTON VA 22201
Villiers Jean-pierre De 10 percent owner GOEDEMOED FARM, KEISIE VALLEY, MONTAGU T3 6720
Zafiris M. Zafiropoulos director C/P LEATT CORP., 50 KIEPERSOL CRESCENT, ATLAS GARDEN, CONTERMANSKLOOF, DURBANVILLE, CAPE TOWN T3 7550