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Motorola Solutions (MIL:1MSI) Cyclically Adjusted Price-to-FCF : 48.45 (As of May. 26, 2024)


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What is Motorola Solutions Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Motorola Solutions's current share price is €334.80. Motorola Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €6.91. Motorola Solutions's Cyclically Adjusted Price-to-FCF for today is 48.45.

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

MIL:1MSI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.94   Med: 37.22   Max: 51.95
Current: 47.7

During the past years, Motorola Solutions's highest Cyclically Adjusted Price-to-FCF was 51.95. The lowest was 9.94. And the median was 37.22.

MIL:1MSI's Cyclically Adjusted Price-to-FCF is ranked worse than
66.45% of 933 companies
in the Hardware industry
Industry Median: 30.71 vs MIL:1MSI: 47.70

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.

Motorola Solutions's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.859. 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 €6.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Motorola Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Motorola Solutions'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.

Motorola Solutions Cyclically Adjusted Price-to-FCF Chart

Motorola Solutions 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 37.19 37.24 48.75 39.99 42.83

Motorola Solutions 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 43.66 44.28 38.89 42.83 46.44

Competitive Comparison of Motorola Solutions's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Motorola Solutions'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.


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

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

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



Motorola Solutions 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=334.80/6.91
=48.45

* 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.

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

For example, Motorola Solutions'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)
=1.859/131.7762*131.7762
=1.859

Current CPI (Mar. 2024) = 131.7762.

Motorola Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.379 100.560 0.497
201409 -0.591 100.428 -0.775
201412 -2.375 99.070 -3.159
201503 0.522 99.621 0.690
201506 0.434 100.684 0.568
201509 1.111 100.392 1.458
201512 1.891 99.792 2.497
201603 -0.193 100.470 -0.253
201606 1.013 101.688 1.313
201609 1.471 101.861 1.903
201612 2.520 101.863 3.260
201703 0.407 102.862 0.521
201706 0.632 103.349 0.806
201709 0.918 104.136 1.162
201712 3.860 104.011 4.890
201803 -2.572 105.290 -3.219
201806 1.914 106.317 2.372
201809 1.450 106.507 1.794
201812 3.771 105.998 4.688
201903 0.938 107.251 1.152
201906 0.945 108.070 1.152
201909 2.399 108.329 2.918
201912 3.779 108.420 4.593
202003 1.338 108.902 1.619
202006 0.793 108.767 0.961
202009 1.678 109.815 2.014
202012 3.023 109.897 3.625
202103 1.542 111.754 1.818
202106 1.563 114.631 1.797
202109 1.538 115.734 1.751
202112 3.226 117.630 3.614
202203 0.514 121.301 0.558
202206 -0.271 125.017 -0.286
202209 1.873 125.227 1.971
202212 6.590 125.222 6.935
202303 -0.336 127.348 -0.348
202306 0.214 128.729 0.219
202309 3.542 129.860 3.594
202312 6.213 129.419 6.326
202403 1.859 131.776 1.859

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.


Motorola Solutions  (MIL:1MSI) 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.


Motorola Solutions Cyclically Adjusted Price-to-FCF Related Terms

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


Motorola Solutions (MIL:1MSI) Business Description

Industry
Address
500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

Motorola Solutions (MIL:1MSI) Headlines

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