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Airgain (Airgain) Cyclically Adjusted Price-to-FCF : 58.17 (As of Jun. 03, 2024)


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What is Airgain Cyclically Adjusted Price-to-FCF?

As of today (2024-06-03), Airgain's current share price is $5.235. Airgain's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.09. Airgain's Cyclically Adjusted Price-to-FCF for today is 58.17.

The historical rank and industry rank for Airgain's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AIRG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 36.67   Med: 44.44   Max: 60.56
Current: 55.42

During the past 10 years, Airgain's highest Cyclically Adjusted Price-to-FCF was 60.56. The lowest was 36.67. And the median was 44.44.

AIRG's Cyclically Adjusted Price-to-FCF is ranked worse than
70.75% of 964 companies
in the Hardware industry
Industry Median: 30.455 vs AIRG: 55.42

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.

Airgain's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $-0.351. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.09 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airgain Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Airgain'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.

Airgain Cyclically Adjusted Price-to-FCF Chart

Airgain Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 37.69

Airgain Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - - - 37.69 -

Competitive Comparison of Airgain's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Airgain'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.


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

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

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



Airgain 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.

Airgain's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.235/0.09
=58.17

* 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.

Airgain's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Airgain's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.351/129.4194*129.4194
=-0.351

Current CPI (Dec23) = 129.4194.

Airgain Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.118 99.070 0.154
201512 0.305 99.792 0.396
201612 0.941 101.863 1.196
201712 -0.050 104.011 -0.062
201812 0.041 105.998 0.050
201912 0.114 108.420 0.136
202012 0.306 109.897 0.360
202112 -1.188 117.630 -1.307
202212 0.361 125.222 0.373
202312 -0.351 129.419 -0.351

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.


Airgain  (NAS:AIRG) 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.


Airgain Cyclically Adjusted Price-to-FCF Related Terms

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


Airgain (Airgain) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airgain Inc (NAS:AIRG) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
3611 Valley Centre Drive, Suite 150, San Diego, CA, USA, 92130
Airgain Inc is engaged in providing antenna technologies. These technologies can be used to enable performance wireless networking across devices and markets which include connected home, enterprise, automotive, and internet of things. It also provides solutions to complex radio frequency, engineering challenges, and improving wireless service that require higher throughput, broad coverage footprint, and carrier-grade quality. Geographically, it derives maximum revenue from North America and also has a presence in China and Rest of the World. The company products include Antenna Plus: Fleet, M2M, IoT Antennas, Carrier-Class Antenna, Embedded Antennas, and External Dipole Antennas.
Executives
Michael Elbaz officer: Chief Financial Officer C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, STE. 150, SAN DIEGO CA 92130
James K Sims director, 10 percent owner 5400 LEGACY DRIVE, H3-3A-05, PLANO TX 75024
Jacob Suen officer: Sr. VP, Worldwide Sales C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
T J Chung director C/O BRUNSWICK CORP, 1 N FIELD COURT, LAKE FOREST IL 60045
Ali Sadri officer: Chief Technology Officer C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Arthur M. Toscanini director C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Morad Sbahi officer: SVP, Global Prod. & Marketing C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Kiva A. Allgood director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Kevin Thill officer: Sr. VP, Engineering C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
David Lyle officer: Chief Financial Officer 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Anil Doradla officer: Chief Financial Officer C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Gen3 Capital Partners, Llc 10 percent owner C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Charles A. Myers director, officer: President and CEO C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Francis X Egan director 20 WINTHROP SQUARE, 2ND FLOOR, BOSTON MA 02110
Thomas A Munro director C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130