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Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Kratos Defense & Security Solutions Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kratos Defense & Security Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kratos Defense & Security 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.

Kratos Defense & Security Solutions Cyclically Adjusted Price-to-FCF Chart

Kratos Defense & Security 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 202.88 - - - -

Kratos Defense & Security Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Kratos Defense & Security Solutions's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Kratos Defense & Security 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.


Kratos Defense & Security Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kratos Defense & Security Solutions's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Kratos Defense & Security Solutions's Cyclically Adjusted Price-to-FCF falls into.



Kratos Defense & Security 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.

Kratos Defense & Security Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kratos Defense & Security Solutions's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.36/129.4194*129.4194
=0.360

Current CPI (Dec. 2023) = 129.4194.

Kratos Defense & Security Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.033 99.695 -0.043
201406 -0.301 100.560 -0.387
201409 -0.125 100.428 -0.161
201412 0.372 99.070 0.486
201503 -0.093 99.621 -0.121
201506 -0.195 100.684 -0.251
201509 -0.213 100.392 -0.275
201512 -0.146 99.792 -0.189
201603 -0.235 100.470 -0.303
201606 -0.030 101.688 -0.038
201609 0.035 101.861 0.044
201612 -0.129 101.863 -0.164
201703 -0.191 102.862 -0.240
201706 -0.115 103.349 -0.144
201709 -0.125 104.136 -0.155
201712 -0.172 104.011 -0.214
201803 -0.031 105.290 -0.038
201806 -0.120 106.317 -0.146
201809 0.064 106.507 0.078
201812 -0.029 105.998 -0.035
201903 0.114 107.251 0.138
201906 -0.019 108.070 -0.023
201909 0.026 108.329 0.031
201912 -0.086 108.420 -0.103
202003 -0.010 108.902 -0.012
202006 -0.005 108.767 -0.006
202009 -0.002 109.815 -0.002
202012 0.098 109.897 0.115
202103 0.103 111.754 0.119
202106 -0.097 114.631 -0.110
202109 0.004 115.734 0.004
202112 -0.097 117.630 -0.107
202203 -0.149 121.301 -0.159
202206 -0.259 125.017 -0.268
202209 -0.123 125.227 -0.127
202212 -0.031 125.222 -0.032
202303 -0.261 127.348 -0.265
202306 0.096 128.729 0.097
202309 -0.110 129.860 -0.110
202312 0.360 129.419 0.360

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.


Kratos Defense & Security Solutions  (NAS:KTOS) 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.


Kratos Defense & Security Solutions Cyclically Adjusted Price-to-FCF Related Terms

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


Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Business Description

Traded in Other Exchanges
Address
1 Chisholm Trail, Suite 300, Round Rock, TX, USA, 78681
Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.
Executives
Phillip D Carrai officer: President, TTS Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Deanna Hom Lund officer: Senior Vice President & CFO 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Steven S. Fendley officer: President, US Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Mills Thomas E Iv officer: Modular Systems Div. President 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Marie Mendoza officer: VP & General Counsel 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Stacey G Rock officer: President, KTT Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Bradley L Boyd director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Daniel J Hagen director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Benjamin M. Goodwin officer: President, PSS Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jonah Adelman officer: Pres., Microwave Elec. Div. 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jane Elizabeth Judd director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Cervantes De Burgreen Maria officer: VP & Corporate Controller 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Samuel N Liberatore director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Eric M Demarco director, officer: President & CEO 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Scott I Anderson director C/O KRATOS DEFENSE & SECURITY SOLUTIONS, 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131

Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Headlines

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