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Track Group (Track Group) Cyclically Adjusted FCF per Share : $-0.10 (As of Mar. 2024)


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What is Track Group 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.

Track Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.029. 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 $-0.10 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 47.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 51.10% 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 Track Group was 59.10% per year. The lowest was 35.30% per year. And the median was 42.20% per year.

As of today (2024-05-23), Track Group's current stock price is $0.22. Track Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.10. Track Group's Cyclically Adjusted Price-to-FCF of today is .


Track Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Track Group'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.

Track Group Cyclically Adjusted FCF per Share Chart

Track Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.75 -0.90 -0.30 -0.12 -0.13

Track Group 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 -0.12 -0.15 -0.13 -0.11 -0.10

Competitive Comparison of Track Group's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, Track Group'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.


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

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

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



Track Group 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, Track Group'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)
=0.029/131.7762*131.7762
=0.029

Current CPI (Mar. 2024) = 131.7762.

Track Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.292 100.560 -0.383
201409 -0.091 100.428 -0.119
201412 -0.330 99.070 -0.439
201503 0.194 99.621 0.257
201506 -0.158 100.684 -0.207
201509 -0.040 100.392 -0.053
201512 -0.180 99.792 -0.238
201603 0.009 100.470 0.012
201606 -0.017 101.688 -0.022
201609 -0.216 101.861 -0.279
201612 0.071 101.863 0.092
201703 -0.074 102.862 -0.095
201706 -0.030 103.349 -0.038
201709 0.014 104.136 0.018
201712 -0.025 104.011 -0.032
201803 0.088 105.290 0.110
201806 0.237 106.317 0.294
201809 0.022 106.507 0.027
201812 0.053 105.998 0.066
201903 -0.022 107.251 -0.027
201906 0.111 108.070 0.135
201909 0.017 108.329 0.021
201912 0.144 108.420 0.175
202003 -0.053 108.902 -0.064
202006 0.032 108.767 0.039
202009 0.032 109.815 0.038
202012 -0.083 109.897 -0.100
202103 -0.071 111.754 -0.084
202106 0.142 114.631 0.163
202109 0.034 115.734 0.039
202112 0.034 117.630 0.038
202203 -0.126 121.301 -0.137
202206 -0.152 125.017 -0.160
202209 0.050 125.227 0.053
202212 0.012 125.222 0.013
202303 -0.131 127.348 -0.136
202306 0.008 128.729 0.008
202309 0.053 129.860 0.054
202312 -0.018 129.419 -0.018
202403 0.029 131.776 0.029

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


Track Group  (OTCPK:TRCK) 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.


Track Group Cyclically Adjusted FCF per Share Related Terms

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


Track Group (Track Group) Business Description

Industry
Traded in Other Exchanges
Address
200 E. 5th Avenue, Suite 100, Naperville, IL, USA, 60563
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include ReliAlert XC4, TrackerPAL, TrackerPAL Mobile, a portfolio of software applications including predictive analytics, a device-agnostic operating system, and a variety of accessories, services, and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
Executives
Conrent Invest S.a. 10 percent owner 19 RUE DE BITBOURG, LUXEMBOURG N4 L-1273
Matthew J. Swando officer: CHIEF REVENUE OFFICER C/O TRACK GROUP, INC., 200 E 5TH AVE, SUITE 100, NAPERVILLE IL 60563
Karim Sehnaoui director 57 ROUTE DE CHENE, GENEVA V8 1208
Derek Cassell officer: Chief Executive Officer 200 E. 5TH AVE., SUITE 100, NAPERVILLE IL 60563
Van Daele Dirk Karel director BERGSTRASSE 6, HORGEN V8 CH8810
Peter K Poli officer: CHIEF FINANCIAL OFFICER 1215 W. LAKEVIEW COURT, ROMEOVILLE IL 60446
Ray O Johnson director C/O RIGETTI & CO., INC., 775 HEINZ AVENUE, BERKELEY CA 94710
Charles Eric Rosenblum director 405 SOUTH MAIN STREET, SUITE 700, SALT LAKE CITY UT 84111
Karen M Macleod director C/O TRACK GROUP, INC., 200 E 5TH AVENUE STE 100, NAPERVILLE IL 60563
John R Merrill officer: Chief Financial Officer 4222 HILLTOP DRIVE, PARK CITY UT 84098
Sapinda Asia Ltd 10 percent owner 8TH FLOOR, HANG SENG BANK BUILDING, 200 HENNESSEY ROAD, WANCHAI, HONG KONG K3 00000
Safety Invest S.a. 10 percent owner 19 RUE DE BITBOURG, LUXEMBOURG N4 L-1273
Winfried Kunz director AM GASTEIG 9, TRAUBING 2M 82327
Guy Dubois director, 10 percent owner C/O POLLEKE III, SEESTRASSE 227, KILCHBERG V8 CH8802
Lars Windhorst 10 percent owner C/O SAPINDA ASIA LTD, RMS 803-4, 8TH FLR, HANG SENG WANCHAI BLDG, 200 HENNESY ROAD, WANCHAI K3 999077

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