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Motorola Solutions (Motorola Solutions) Cyclically Adjusted Price-to-FCF : 47.40 (As of Apr. 27, 2024)


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

As of today (2024-04-27), Motorola Solutions's current share price is $346.48. Motorola Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $7.31. Motorola Solutions's Cyclically Adjusted Price-to-FCF for today is 47.40.

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

MSI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.94   Med: 37.12   Max: 51.95
Current: 47.39

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 37.12.

MSI's Cyclically Adjusted Price-to-FCF is ranked worse than
68.31% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs MSI: 47.39

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 Dec. 2023 was $6.775. 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 $7.31 for the trailing ten years ended in Dec. 2023.

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
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 39.99 43.66 44.28 38.89 42.83

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
=346.48/7.31
=47.40

* 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 Dec. 2023 is calculated as:

For example, Motorola 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)
=6.775/129.4194*129.4194
=6.775

Current CPI (Dec. 2023) = 129.4194.

Motorola Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.019 99.695 0.025
201406 0.515 100.560 0.663
201409 -0.761 100.428 -0.981
201412 -2.929 99.070 -3.826
201503 0.565 99.621 0.734
201506 0.487 100.684 0.626
201509 1.247 100.392 1.608
201512 2.060 99.792 2.672
201603 -0.215 100.470 -0.277
201606 1.138 101.688 1.448
201609 1.651 101.861 2.098
201612 2.658 101.863 3.377
201703 0.436 102.862 0.549
201706 0.710 103.349 0.889
201709 1.095 104.136 1.361
201712 4.568 104.011 5.684
201803 -3.171 105.290 -3.898
201806 2.236 106.317 2.722
201809 1.692 106.507 2.056
201812 4.290 105.998 5.238
201903 1.060 107.251 1.279
201906 1.068 108.070 1.279
201909 2.642 108.329 3.156
201912 4.199 108.420 5.012
202003 1.478 108.902 1.756
202006 0.893 108.767 1.063
202009 1.977 109.815 2.330
202012 3.677 109.897 4.330
202103 1.836 111.754 2.126
202106 1.883 114.631 2.126
202109 1.809 115.734 2.023
202112 3.645 117.630 4.010
202203 0.566 121.301 0.604
202206 -0.287 125.017 -0.297
202209 1.854 125.227 1.916
202212 6.981 125.222 7.215
202303 -0.359 127.348 -0.365
202306 0.232 128.729 0.233
202309 3.780 129.860 3.767
202312 6.775 129.419 6.775

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  (NYSE:MSI) 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 (Motorola Solutions) 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.
Executives
John P Molloy officer: EVP and COO 500 WEST MONROE ST., CHICAGO IL 60661
Cynthia Yazdi officer: SVP, Communications & Brand 500 WEST MONROE STREET, CHICAGO IL 60661
Jason J Winkler officer: EVP and CFO 500 WEST MONROE STREET, CHICAGO IL 60661
Rajan Naik officer: SVP, Strategy & Ventures 500 WEST MONROE STREET, CHICAGO IL 60661
James A Niewiara officer: SVP, GENERAL COUNSEL MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Katherine A Maher officer: CVP and CAO 500 WEST MONROE ST., CHICAGO IL 60661
Gregory Q Brown director, officer: Chairman and CEO 500 WEST MONROE ST., CHICAGO IL 60661
Kenneth D Denman director
Karen E Dunning officer: SVP, Human Resources MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Mark S. Hacker officer: EVP, GC & Chief Admin Officer 500 WEST MONROE ST., CHICAGO IL 60661
Joseph M Tucci director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Clayton M Jones director 400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Judy C Lewent director PO BOX 100, WHITEHOUSE STATION NJ 08889
Ayanna Howard director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Mahesh Saptharishi officer: EVP and CTO 500 WEST MONROE ST., CHICAGO IL 60661