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EMC (EMC) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is EMC Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


EMC Cyclically Adjusted Price-to-FCF Historical Data

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

EMC Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Price-to-FCF
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EMC Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of EMC's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, EMC'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.


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

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

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



EMC 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.

EMC's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, EMC's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=0.681/101.6881*101.6881
=0.681

Current CPI (Jun. 2016) = 101.6881.

EMC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200609 0.095 85.606 0.113
200612 0.175 85.142 0.209
200703 0.276 86.640 0.324
200706 0.199 87.906 0.230
200709 0.218 87.964 0.252
200712 0.330 88.616 0.379
200803 0.340 90.090 0.384
200806 0.179 92.320 0.197
200809 0.340 92.307 0.375
200812 0.373 88.697 0.428
200903 0.337 89.744 0.382
200906 0.197 91.003 0.220
200909 0.361 91.120 0.403
200912 0.386 91.111 0.431
201003 0.524 91.821 0.580
201006 0.224 91.962 0.248
201009 0.296 92.162 0.327
201012 0.567 92.474 0.623
201103 0.380 94.283 0.410
201106 0.234 95.235 0.250
201109 0.454 95.727 0.482
201112 0.846 95.213 0.904
201203 0.649 96.783 0.682
201206 0.434 96.819 0.456
201209 0.515 97.633 0.536
201212 0.680 96.871 0.714
201303 0.659 98.209 0.682
201306 0.388 98.518 0.400
201309 0.662 98.790 0.681
201312 0.832 98.326 0.860
201403 0.456 99.695 0.465
201406 0.450 100.560 0.455
201409 0.652 100.428 0.660
201412 0.883 99.070 0.906
201503 0.378 99.621 0.386
201506 0.332 100.684 0.335
201509 0.530 100.392 0.537
201512 0.756 99.792 0.770
201603 0.299 100.470 0.303
201606 0.681 101.688 0.681

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.


EMC  (NYSE:EMC) 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.


EMC Cyclically Adjusted Price-to-FCF Related Terms

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EMC (EMC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » EMC Corp (NYSE:EMC) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
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Address
EMC Corp is a Massachusetts corporation, incorporated in 1979. The Company together with its subsidiaries supports the businesses and service providers to transform information technology (IT) operations to an as a service model (ITaaS). The Company operates in three segments: EMC Information Infrastructure, Pivotal and VMware Virtual Infrastructure. The Company's information infrastructure provides a foundation for organizations to store, manage, protect, analyze and secure ever-increasing quantities of information, while at the same time improving business agility, lowering cost and increasing competitive advantage. VMware Virtual Infrastructure provides virtualization infrastructure solutions. Pivotal provides application and data infrastructure software, agile development services and data science consulting. The Company offers a comprehensive portfolio of enterprise storage systems and software - including high-end EMC VMAX and mid-tier EMC VNX unified storage and a portfolio of backup products that support enterprise application workloads. The Company's two additional storage families, EMC Isilon and EMC Atmos, are specifically designed to handle vast quantities of unstructured data. EMC supports a broad range of customers, including service providers, around the world - in every industry, in both public and private sectors, and of sizes ranging from the Fortune 500 to small business and individual consumers. The Company markets its products through direct sales and through multiple distribution channels. It has a direct sales presence throughout North America, Latin America, Europe, the Middle East, South Africa and the Asia Pacific region. The Company also has agreements in place with many partners, including value-added resellers and distributors, cloud service providers, systems integrators, outsourcers, Independent Software Vendors ("ISVs"), and Original Equipment Manufacturers ("OEMs"). The Company competes with many companies in the markets it serve, including companies that offer IT products and services and others that offer specific information storage, protection, security, management and intelligence, data analytics or virtualization products or services.
Executives
Laura Sen director ONE MERCER ROAD, P.O. BOX 9601, NATICK MA 01760-9601
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Donald J Carty director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Judith A Miscik director 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
William D Green director C/O ACCENTURE, 161 N CLARK STREET, CHICAGO IL 60601
William F Scannell officer: President,Global Sales/Cust Op EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Randolph L Cowen director 176 SOUTH STREET HOPKINTON MA 01748
Howard D Elias officer: President & COO, Glob Ent Srvs C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Paul T Dacier officer: EVP & General Counsel EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Erin Mcsweeney officer: EVP, Human Resources EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Teuber William J Jr officer: Vice Chairman EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
James S Distasio director C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, BOSTON MA 01104
Paul Sagan director AKAMAI TECHNOLOGIES INC, 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Jeremy Burton officer: President, Prod & Marketing C/O SNOWFLAKE INC., 106 EAST BABCOCK STREET SUITE 3A, BOZEMAN MT 59715
David I Goulden officer: CEO, EMCII 176 SOUTH STREET, HOPKINTON MA 01748

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