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Kromek Group (LSE:KMK) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


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What is Kromek Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kromek Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kromek Group'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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Kromek Group Cyclically Adjusted Price-to-FCF Chart

Kromek Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
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Kromek Group Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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Competitive Comparison of Kromek Group's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Kromek Group'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.


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

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

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



Kromek Group 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.

Kromek Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Apr23 is calculated as:

For example, Kromek Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Apr23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr23 (Change)*Current CPI (Apr23)
=-0.02/128.3000*128.3000
=-0.020

Current CPI (Apr23) = 128.3000.

Kromek Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.060 99.600 -0.077
201504 -0.062 99.900 -0.080
201604 -0.043 100.600 -0.055
201704 -0.035 103.200 -0.044
201804 -0.034 105.500 -0.041
201904 -0.041 107.600 -0.049
202004 -0.036 108.600 -0.043
202104 -0.021 110.400 -0.024
202204 -0.023 119.000 -0.025
202304 -0.020 128.300 -0.020

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.


Kromek Group  (LSE:KMK) 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.


Kromek Group Cyclically Adjusted Price-to-FCF Related Terms

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Kromek Group (LSE:KMK) Business Description

Industry
Traded in Other Exchanges
Address
Thomas Wright Way, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Kromek Group PLC is the developer of radiation detectors based on cadmium zinc telluride, providing improved detection and characterization capabilities within the medical imaging, nuclear detection, and security screening markets. Based on its technology platforms, the company design, develop, and produces x-ray and gamma-ray imaging and radiation detection products for the industrial and consumer markets. Some of its products include TN15 thermal neutron detector, SPEAR CZT-based radiation detector, VTF voltage to frequency converter, D3S NET networked radiation detector, and Photon-counting spectral CT. Its geographical segments include the United Kingdom, North America, Asia, Europe, and Australasia, of which the majority of the revenue comes from North America.

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