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


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What is Stratasys Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stratasys Cyclically Adjusted Price-to-FCF Historical Data

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

Stratasys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Stratasys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Stratasys's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Stratasys'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.


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

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

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



Stratasys 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.

Stratasys's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Stratasys'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)
=-0.18/129.4194*129.4194
=-0.180

Current CPI (Dec. 2023) = 129.4194.

Stratasys Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.151 99.695 -0.196
201406 -0.169 100.560 -0.218
201409 -0.626 100.428 -0.807
201412 -0.042 99.070 -0.055
201503 -0.214 99.621 -0.278
201506 -0.907 100.684 -1.166
201509 -0.947 100.392 -1.221
201512 -0.035 99.792 -0.045
201603 0.456 100.470 0.587
201606 -0.136 101.688 -0.173
201609 -0.256 101.861 -0.325
201612 0.216 101.863 0.274
201703 0.358 102.862 0.450
201706 0.103 103.349 0.129
201709 -0.010 104.136 -0.012
201712 0.264 104.011 0.328
201803 0.357 105.290 0.439
201806 0.147 106.317 0.179
201809 -0.038 106.507 -0.046
201812 0.258 105.998 0.315
201903 -0.028 107.251 -0.034
201906 -0.162 108.070 -0.194
201909 -0.285 108.329 -0.340
201912 -0.193 108.420 -0.230
202003 0.084 108.902 0.100
202006 -0.306 108.767 -0.364
202009 -0.094 109.815 -0.111
202012 0.294 109.897 0.346
202103 0.315 111.754 0.365
202106 -0.031 114.631 -0.035
202109 -0.038 115.734 -0.042
202112 -0.075 117.630 -0.083
202203 -0.308 121.301 -0.329
202206 -0.408 125.017 -0.422
202209 -0.412 125.227 -0.426
202212 -0.301 125.222 -0.311
202303 -0.325 127.348 -0.330
202306 -0.382 128.729 -0.384
202309 -0.232 129.860 -0.231
202312 -0.180 129.419 -0.180

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.


Stratasys  (NAS:SSYS) 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.


Stratasys Cyclically Adjusted Price-to-FCF Related Terms

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


Stratasys (Stratasys) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Stratasys Ltd (NAS:SSYS) » Definitions » Cyclically Adjusted Price-to-FCF
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Address
c/o Stratasys, Inc, 7665 Commerce Way, Eden Prairie, MN, USA, 55344
Stratasys Ltd is a provider of 3D printing and additive manufacturing solutions. The company's patented fused deposition modeling and PolyJet printing technologies print prototypes and manufactured goods directly from 3D CAD files or other 3D content. Its subsidiaries include printer makers MakerBot and Solidscape. It generates revenue through 3D printing systems, related services, and consumables and by providing additive manufacturing solutions.