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Minim (MINM) Cyclically Adjusted FCF per Share : $-4.22 (As of Mar. 2024)


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What is Minim 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.

Minim's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.896. 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 $-4.22 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -10.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Minim was 6.90% per year. The lowest was -10.10% per year. And the median was -2.50% per year.

As of today (2024-05-24), Minim's current stock price is $3.23. Minim's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-4.22. Minim's Cyclically Adjusted Price-to-FCF of today is .


Minim Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Minim'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.

Minim Cyclically Adjusted FCF per Share Chart

Minim 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 -3.85 -3.08 -3.78 -4.14 -4.11

Minim 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 -4.19 -4.15 -4.21 -4.11 -4.22

Competitive Comparison of Minim's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Minim'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.


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

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

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



Minim 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, Minim'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)
=-0.896/131.7762*131.7762
=-0.896

Current CPI (Mar. 2024) = 131.7762.

Minim Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.536 100.560 -2.013
201409 1.345 100.428 1.765
201412 -0.618 99.070 -0.822
201503 0.928 99.621 1.228
201506 -1.219 100.684 -1.595
201509 -1.047 100.392 -1.374
201512 -0.183 99.792 -0.242
201603 -2.753 100.470 -3.611
201606 -1.454 101.688 -1.884
201609 -2.656 101.861 -3.436
201612 -0.857 101.863 -1.109
201703 -0.467 102.862 -0.598
201706 -0.204 103.349 -0.260
201709 1.510 104.136 1.911
201712 1.056 104.011 1.338
201803 0.183 105.290 0.229
201806 -1.013 106.317 -1.256
201809 -2.449 106.507 -3.030
201812 0.106 105.998 0.132
201903 -0.613 107.251 -0.753
201906 -1.512 108.070 -1.844
201909 0.546 108.329 0.664
201912 -1.436 108.420 -1.745
202003 -1.630 108.902 -1.972
202006 4.715 108.767 5.712
202009 -3.838 109.815 -4.606
202012 -5.398 109.897 -6.473
202103 -3.708 111.754 -4.372
202106 -0.195 114.631 -0.224
202109 -2.961 115.734 -3.371
202112 -2.345 117.630 -2.627
202203 -2.491 121.301 -2.706
202206 -2.387 125.017 -2.516
202209 -1.639 125.227 -1.725
202212 -0.430 125.222 -0.453
202303 0.648 127.348 0.671
202306 0.467 128.729 0.478
202309 0.650 129.860 0.660
202312 0.541 129.419 0.551
202403 -0.896 131.776 -0.896

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


Minim  (NAS:MINM) 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.


Minim Cyclically Adjusted FCF per Share Related Terms

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


Minim (MINM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minim Inc (NAS:MINM) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
848 Elm Street, Manchester, NH, USA, 03101
Minim Inc manufactures communications equipment. The company delivers smart software-driven communications products under the Motorola brand. Its hardware products include cable modems, cable modems/routers, mobile broadband modems, wireless routers, MoCA adapters, and mesh home networking devices. Geographically, it generates nearly all of its revenue from North America.
Executives
Elizabeth Cash Hitchcock director, 10 percent owner 848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Jeremy P. Hitchcock director, 10 percent owner 848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Andrew F. Papanicolau director 848 ELM STREET, MANCHESTER NH 03101
Mehul A Patel officer: Chief Financial Officer 3770 BLACKBURN COURT, CHALFONT PA 18914
Dustin Tacker officer: Interim Chief Acctng. Officer 224 ATLANTIC ST, GLOUCESTER MA 01930
Daniel A Artusi director 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Hitchcock Elizabeth Sarah Cash director, 10 percent owner 101 ARCH STREET, BOSTON MA 02110
Sandra Kaye Howe director 101 ARCH STREET, BOSTON MA 02110
David Bradley Aronoff director 101 ARCH STREET, BOSTON MA 02110
Graham James Chynoweth director, officer: Chief Executive Officer 101 ARCH STREET, BOSTON MA 02110
Joshua Horowitz director 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Sean Patrick Doherty officer: Chief Financial Officer 101 ARCH STREET, BOSTON MA 02110
Nicole Elisabeth Zheng officer: President & CMO 101 ARCH STREET, BOSTON MA 02110
John Lauten officer: Chief Operating Officer 848 ELM STREET, MANCHESTER NH 03101
Terry Manning officer: VP of Sales & Marketing