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Electro Scientific Industries (Electro Scientific Industries) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Electro Scientific Industries Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Electro Scientific Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Electro Scientific Industries'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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Electro Scientific Industries Cyclically Adjusted Price-to-FCF Chart

Electro Scientific Industries Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cyclically Adjusted Price-to-FCF
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Electro Scientific Industries Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Electro Scientific Industries's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Electro Scientific Industries'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.


Electro Scientific Industries's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Electro Scientific Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Electro Scientific Industries 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.

Electro Scientific Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2018 is calculated as:

For example, Electro Scientific Industries's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=-0.137/105.9979*105.9979
=-0.137

Current CPI (Dec. 2018) = 105.9979.

Electro Scientific Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200903 -0.344 89.744 -0.406
200906 -0.048 91.003 -0.056
200909 -0.069 91.120 -0.080
200912 0.006 91.111 0.007
201003 0.098 91.821 0.113
201006 0.478 91.962 0.551
201009 -0.115 92.162 -0.132
201012 0.230 92.474 0.264
201103 0.935 94.283 1.051
201106 -0.437 95.235 -0.486
201109 0.845 95.727 0.936
201112 0.023 95.213 0.026
201203 -0.113 96.783 -0.124
201206 0.356 96.819 0.390
201209 -0.424 97.633 -0.460
201212 0.824 96.871 0.902
201303 -0.390 98.209 -0.421
201306 -0.333 98.518 -0.358
201309 0.151 98.790 0.162
201312 -0.127 98.326 -0.137
201403 -0.580 99.695 -0.617
201406 -0.014 100.560 -0.015
201409 -0.165 100.428 -0.174
201412 -0.479 99.070 -0.512
201503 -0.412 99.621 -0.438
201506 0.032 100.684 0.034
201509 0.042 100.392 0.044
201512 0.094 99.792 0.100
201603 -0.135 100.470 -0.142
201606 0.314 101.688 0.327
201609 -0.269 101.861 -0.280
201612 -0.133 101.863 -0.138
201703 -0.053 102.862 -0.055
201706 0.203 103.349 0.208
201709 0.495 104.136 0.504
201712 0.373 104.011 0.380
201803 0.699 105.290 0.704
201806 0.197 106.317 0.196
201809 1.350 106.507 1.344
201812 -0.137 105.998 -0.137

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.


Electro Scientific Industries  (NAS:ESIO) 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.


Electro Scientific Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Electro Scientific Industries (Electro Scientific Industries) Business Description

Traded in Other Exchanges
N/A
Address
Electro Scientific Industries Inc is a manufacturer of electronic components. The company operates through two segments: Component Processing and Micromachining. The Component Processing segment includes interconnect products, semiconductor products, and component products. The interconnect, semiconductor and component products are sold to manufacturers of electronic components and are used to drill, cut, trim, ablate and test and mark features for the functionality of the component. The Micromachining segment includes products that are sold to manufacturers of end devices across various industries and are used to drill, cut or mark features on a range of materials, generally on the casing or external surface of the end device.
Executives
Raymond A Link director C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Michael D Burger officer: PRESIDENT AND CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Allen L. Muhich officer: CHIEF FINANCIAL OFFICER 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Lynne J Camp director 714 NW 914TH TERRACE, PORTLAND OR 97229
Paul R Oldham officer: CFO, Sr. VP of Finance 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
John K Medica director C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC EXPWY, BLDG C, AUSTIN TX 78759
Edward C Grady director, officer: President & CEO
Richard J Faubert director 14242 S CANYON DR, PHOENIX AZ 85048
Jon D Tompkins director 17075 THORNMINT COURT, SAN DIEGO CA 92127
D3 Family Fund Lp director, 10 percent owner 19605 NE 8TH STREET CAMAS WA 98607
Nierenberg Investment Management Co director 19605 NE 8TH ST, CAMAS WA 98607
David Nierenberg director, 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
Nierenberg Investment Management Offshore Inc 10 percent owner 19605 NE 8TH STREET CAMAS WA 98607
D3 Family Canadian Fund, L.p. 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
D3 Offshore Fund Lp 10 percent owner 19605 NE 8TH ST CAMAS WA 98607

Electro Scientific Industries (Electro Scientific Industries) Headlines

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