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Acacia Research (Acacia Research) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Acacia Research Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Acacia Research Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Acacia Research'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.

Acacia Research Cyclically Adjusted Price-to-FCF Chart

Acacia Research Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Acacia Research Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Acacia Research's Cyclically Adjusted Price-to-FCF

For the Business Equipment & Supplies subindustry, Acacia Research'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.


Acacia Research's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acacia Research's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Acacia Research 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.

Acacia Research's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Acacia Research'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)
=0.547/131.7762*131.7762
=0.547

Current CPI (Mar. 2024) = 131.7762.

Acacia Research Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.027 100.560 -0.035
201409 0.248 100.428 0.325
201412 -0.571 99.070 -0.760
201503 -0.664 99.621 -0.878
201506 0.153 100.684 0.200
201509 0.156 100.392 0.205
201512 -0.243 99.792 -0.321
201603 0.202 100.470 0.265
201606 0.533 101.688 0.691
201609 -0.288 101.861 -0.373
201612 0.216 101.863 0.279
201703 -0.019 102.862 -0.024
201706 -0.086 103.349 -0.110
201709 0.795 104.136 1.006
201712 -0.433 104.011 -0.549
201803 0.987 105.290 1.235
201806 -0.806 106.317 -0.999
201809 -0.043 106.507 -0.053
201812 0.270 105.998 0.336
201903 -0.040 107.251 -0.049
201906 -0.095 108.070 -0.116
201909 0.026 108.329 0.032
201912 -0.028 108.420 -0.034
202003 -0.163 108.902 -0.197
202006 -0.263 108.767 -0.319
202009 0.140 109.815 0.168
202012 -0.511 109.897 -0.613
202103 -0.353 111.754 -0.416
202106 -0.023 114.631 -0.026
202109 -0.035 115.734 -0.040
202112 0.298 117.630 0.334
202203 -0.069 121.301 -0.075
202206 -0.449 125.017 -0.473
202209 0.054 125.227 0.057
202212 -0.578 125.222 -0.608
202303 -0.050 127.348 -0.052
202306 -0.254 128.729 -0.260
202309 0.012 129.860 0.012
202312 -0.106 129.419 -0.108
202403 0.547 131.776 0.547

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.


Acacia Research  (NAS:ACTG) 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.


Acacia Research Cyclically Adjusted Price-to-FCF Related Terms

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Acacia Research (Acacia Research) Business Description

Traded in Other Exchanges
Address
767 Third Avenue, 6th Floor, New York, NY, USA, 10017
Acacia Research Corp is engaged in the acquisition, development, and patents technologies through its subsidiaries. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies. It has two segments Intellectual Property Operations and Industrial Operations.
Executives
Jason W. Soncini officer: General Counsel 767 THIRD AVENUE, SUITE 602, NEW YORK NY 10017
Mcnulty Martin D. Jr. officer: COO & Head of M&A C/O STARBOARD VALUE ACQUISITION CORP., 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Geoffrey G Ribar director
Kirsten Hoover officer: Controller 4 PARK PLAZA, SUITE 550, IRVINE CA 92614
Robert Rasamny officer: Chief Administrative Officer 767 THIRD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity Master Fund Ltd other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Peter A Feld 10 percent owner, other: See Footnote 2 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Starboard Value Lp 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value Gp Llc 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Lp 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Gp Llc 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity S Llc other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity C Lp other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Lp other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Gp Llc other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017