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Socket Mobile (Socket Mobile) Cyclically Adjusted Price-to-FCF : 25.80 (As of May. 23, 2024)


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What is Socket Mobile Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Socket Mobile's current share price is $1.29. Socket Mobile's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.05. Socket Mobile's Cyclically Adjusted Price-to-FCF for today is 25.80.

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

SCKT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.35   Med: 28.51   Max: 835
Current: 29.2

During the past years, Socket Mobile's highest Cyclically Adjusted Price-to-FCF was 835.00. The lowest was 7.35. And the median was 28.51.

SCKT's Cyclically Adjusted Price-to-FCF is ranked worse than
52.83% of 920 companies
in the Hardware industry
Industry Median: 30.97 vs SCKT: 29.20

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.

Socket Mobile's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.020. 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 $0.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Socket Mobile Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Socket Mobile'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.

Socket Mobile Cyclically Adjusted Price-to-FCF Chart

Socket Mobile 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 - 838.16 71.93 26.46 24.05

Socket Mobile 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 24.53 22.44 20.34 24.05 21.90

Competitive Comparison of Socket Mobile's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Socket Mobile'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.


Socket Mobile's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Socket Mobile 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.

Socket Mobile's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.29/0.05
=25.80

* 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.

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

For example, Socket Mobile'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)
=-0.02/131.7762*131.7762
=-0.020

Current CPI (Mar. 2024) = 131.7762.

Socket Mobile Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.008 100.560 0.010
201409 0.003 100.428 0.004
201412 -0.033 99.070 -0.044
201503 -0.008 99.621 -0.011
201506 0.015 100.684 0.020
201509 0.084 100.392 0.110
201512 0.072 99.792 0.095
201603 0.005 100.470 0.007
201606 0.043 101.688 0.056
201609 0.013 101.861 0.017
201612 0.020 101.863 0.026
201703 0.020 102.862 0.026
201706 0.059 103.349 0.075
201709 0.094 104.136 0.119
201712 0.067 104.011 0.085
201803 -0.082 105.290 -0.103
201806 0.118 106.317 0.146
201809 0.014 106.507 0.017
201812 0.018 105.998 0.022
201903 -0.082 107.251 -0.101
201906 0.029 108.070 0.035
201909 0.063 108.329 0.077
201912 0.033 108.420 0.040
202003 -0.034 108.902 -0.041
202006 0.032 108.767 0.039
202009 0.004 109.815 0.005
202012 0.042 109.897 0.050
202103 0.018 111.754 0.021
202106 0.002 114.631 0.002
202109 0.053 115.734 0.060
202112 0.094 117.630 0.105
202203 -0.076 121.301 -0.083
202206 0.082 125.017 0.086
202209 -0.137 125.227 -0.144
202212 -0.042 125.222 -0.044
202303 -0.051 127.348 -0.053
202306 -0.177 128.729 -0.181
202309 -0.049 129.860 -0.050
202312 -0.017 129.419 -0.017
202403 -0.020 131.776 -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.


Socket Mobile  (NAS:SCKT) 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.


Socket Mobile Cyclically Adjusted Price-to-FCF Related Terms

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


Socket Mobile (Socket Mobile) Business Description

Industry
Traded in Other Exchanges
Address
40675 Encyclopedia Circle, Fremont, CA, USA, 94538
Socket Mobile Inc is a producer of data capture products. The company's products are integrated into mobile applications used in mobile point of sale (mPOS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. The company offers barcode scanning products for both one-dimensional, including imager and laser, and two-dimensional barcode scanning in standard and durable cases. The company's geographical segments are the United States, Europe, Asia, and the rest of the world, out of which the majority of the revenue is generated from the United States.
Executives
Kevin J Mills director, officer: President and CEO 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Charlie Bass director 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Giacomo Marini director 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Laura Weinstein director 40675 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538
Leonard L Ott officer: Chief Technical Officer 37400 CENTRAL COURT, NEWARK CA 94560
David A. Holmes officer: Chief Business Officer 39700 EUREKA DRIVE, NEWARK CA 94560
Lynn Zhao officer: Vice President and Controller 39700 EUREKA DRIVE, NEWARK CA 94560
David W Dunlap officer: CFO 37400 CENTRAL COURT, NEWARK CA 94560
Ivan Lazarev director 40675 ENCYCLOPEDIA CIR, FREMONT CA 94538
Parnell William L. Jr director 40675 ENCYCLOPEDIA CIR, FREMONT CA 94538
Nelson C Chan director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Brenton Earl Macdonald director 39700 EUREKA DRIVE, NEWARK CA 94560
James Lopez officer: VP Marketing & Business Dev. 39700 EUREKA DRIVE, NEWARK CA 94560
Erik L. Fidel director 39700 EUREKA DRIVE, NEWARK CA 94560
Kevin R Jost director 10370 RICHMOND AVENUE, SUITE 600, HOUSTON TX 77042