GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Akoustis Technologies Inc (NAS:AKTS) » Definitions » Cyclically Adjusted Price-to-FCF

Akoustis Technologies (Akoustis Technologies) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Akoustis Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Akoustis Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Akoustis Technologies'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.

Akoustis Technologies Cyclically Adjusted Price-to-FCF Chart

Akoustis Technologies Annual Data
Trend Jul14 Jun15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Akoustis Technologies 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 - - - - -

Competitive Comparison of Akoustis Technologies's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Akoustis Technologies'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.


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

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

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



Akoustis Technologies 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.

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

For example, Akoustis Technologies'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)
=-0.089/131.7762*131.7762
=-0.089

Current CPI (Mar. 2024) = 131.7762.

Akoustis Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.000 100.023 0.000
201407 -0.002 100.520 -0.003
201410 0.000 100.176 0.000
201501 0.000 98.604 0.000
201504 -0.002 99.824 -0.003
201509 -0.074 100.392 -0.097
201512 -0.073 99.792 -0.096
201603 -0.040 100.470 -0.052
201606 0.000 101.688 0.000
201609 -0.070 101.861 -0.091
201612 -0.095 101.863 -0.123
201703 -0.114 102.862 -0.146
201706 -0.139 103.349 -0.177
201709 -0.221 104.136 -0.280
201712 -0.347 104.011 -0.440
201803 -0.232 105.290 -0.290
201806 -0.216 106.317 -0.268
201809 -0.263 106.507 -0.325
201812 -0.162 105.998 -0.201
201903 -0.253 107.251 -0.311
201906 -0.154 108.070 -0.188
201909 -0.245 108.329 -0.298
201912 -0.283 108.420 -0.344
202003 -0.182 108.902 -0.220
202006 -0.226 108.767 -0.274
202009 -0.269 109.815 -0.323
202012 -0.264 109.897 -0.317
202103 -0.248 111.754 -0.292
202106 -0.194 114.631 -0.223
202109 -0.358 115.734 -0.408
202112 -0.339 117.630 -0.380
202203 -0.339 121.301 -0.368
202206 -0.316 125.017 -0.333
202209 -0.347 125.227 -0.365
202212 -0.250 125.222 -0.263
202303 -0.177 127.348 -0.183
202306 -0.138 128.729 -0.141
202309 -0.239 129.860 -0.243
202312 -0.177 129.419 -0.180
202403 -0.089 131.776 -0.089

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.


Akoustis Technologies  (NAS:AKTS) 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.


Akoustis Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Akoustis Technologies (Akoustis Technologies) Business Description

Industry
Traded in Other Exchanges
Address
9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078
Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.
Executives
David Aichele officer: VP of Business Development 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078
Kenneth Boller officer: Interim CFO 9805 NORTHCROSS CENTER CT., SUITE A, HUNTERSVILLE NC 28078
Steven Denbaars director 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078
Michelle Petock director 9805 NORTHCROSS CENTER CT., SUITE A, HUNTERSVILLE NC 28078
Jeffrey B. Shealy director, 10 percent owner, officer: Chief Executive Officer 9805 NORTHCROSS CENTER CT, SUITE A, HUNTERSVILLE NC 28078
James Michael Mcguire director 9805 NORTHCROSS CENTER CT., SUITE A, HUNTERSVILLE NC 28078
Suzanne B Rudy director 7628 THORNDIKE RD, GREENSBORO NC 27409
Arthur Geiss director 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078
Rohan Houlden officer: Chief Product Officer 9805 NORTHCROSS CENTER CT., SUITE A, HUNTERSVILLE NC 27078
Jeffrey Mcmahon director 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078
Jerry D Neal director
Steven P Miller director C/O TRIQUINT SEMICONDUCTOR INC, 2300 NE BROOKWOOD PKWY, HILLSBORO OR 97124
John T Kurtzweil director C/O CIRRUS LOGIC, INC., 2901 VIA FORTUNA, AUSTIN TX 78746
Mark N. Tompkins 10 percent owner APP. 1, VIA GUIDINO 23, LUGANO-PARADISO V8 6900
Mark Boomgarden officer: Vice President of Operations 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078