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FLIR Systems (BSP:F1LI34) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is FLIR Systems Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


FLIR Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FLIR Systems'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.

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FLIR Systems Cyclically Adjusted Price-to-FCF Chart

FLIR Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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FLIR Systems Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of FLIR Systems's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, FLIR Systems'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.


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

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

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



FLIR Systems 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.

FLIR Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, FLIR Systems's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2021 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=0.43/111.7544*111.7544
=0.430

Current CPI (Mar. 2021) = 111.7544.

FLIR Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201106 0.048 95.235 0.056
201109 0.365 95.727 0.426
201112 1.226 95.213 1.439
201203 0.412 96.783 0.476
201206 0.842 96.819 0.972
201209 0.448 97.633 0.513
201212 1.301 96.871 1.501
201303 0.669 98.209 0.761
201306 1.884 98.518 2.137
201309 0.609 98.790 0.689
201312 1.470 98.326 1.671
201403 0.812 99.695 0.910
201406 0.843 100.560 0.937
201409 0.292 100.428 0.325
201412 0.785 99.070 0.886
201503 1.371 99.621 1.538
201506 0.689 100.684 0.765
201509 1.507 100.392 1.678
201512 2.169 99.792 2.429
201603 0.958 100.470 1.066
201606 1.896 101.688 2.084
201609 1.934 101.861 2.122
201612 2.157 101.863 2.366
201703 1.392 102.862 1.512
201706 0.478 103.349 0.517
201709 2.154 104.136 2.312
201712 2.056 104.011 2.209
201803 0.839 105.290 0.891
201806 2.794 106.317 2.937
201809 3.375 106.507 3.541
201812 2.464 105.998 2.598
201903 1.298 107.251 1.353
201906 1.664 108.070 1.721
201909 4.217 108.329 4.350
201912 2.437 108.420 2.512
202003 1.382 108.902 1.418
202006 1.916 108.767 1.969
202009 2.964 109.815 3.016
202012 3.753 109.897 3.816
202103 0.430 111.754 0.430

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.


FLIR Systems  (BSP:F1LI34) 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.


FLIR Systems Cyclically Adjusted Price-to-FCF Related Terms

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


FLIR Systems (BSP:F1LI34) Business Description

Industry
Traded in Other Exchanges
N/A
Address
27700 SW Parkway Avenue, Wilsonville, OR, USA, 97070
FLIR Systems Inc designs, develops, markets, and distributes technologies that detect people, objects, and substances. The company's two business units are Industrial Technologies and Defense Technologies segment. The Industrial Technologies segment develops components used to create thermal, industrial, and other imaging systems. The Defense Technologies unit develops imaging and recognition solutions for military, law enforcement, and other government customers. The company operates around the world, with a significant portion of revenue coming from the United States.

FLIR Systems (BSP:F1LI34) Headlines

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