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Universal Electronics (Universal Electronics) Cyclically Adjusted Price-to-FCF : 11.58 (As of Jun. 11, 2024)


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What is Universal Electronics Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Universal Electronics's current share price is $11.35. Universal Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.98. Universal Electronics's Cyclically Adjusted Price-to-FCF for today is 11.58.

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

UEIC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.76   Med: 40.42   Max: 80.28
Current: 12.23

During the past years, Universal Electronics's highest Cyclically Adjusted Price-to-FCF was 80.28. The lowest was 5.76. And the median was 40.42.

UEIC's Cyclically Adjusted Price-to-FCF is ranked better than
81.24% of 965 companies
in the Hardware industry
Industry Median: 29.6 vs UEIC: 12.23

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.

Universal Electronics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.398. 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 $0.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Universal Electronics'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.

Universal Electronics Cyclically Adjusted Price-to-FCF Chart

Universal Electronics 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 52.48 46.41 29.46 18.57 8.61

Universal Electronics 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 8.38 8.27 6.98 8.61 10.23

Competitive Comparison of Universal Electronics's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Universal Electronics'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.


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

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

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



Universal Electronics 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.

Universal Electronics's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.35/0.98
=11.58

* 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.

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

For example, Universal Electronics'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)
=-0.398/131.7762*131.7762
=-0.398

Current CPI (Mar. 2024) = 131.7762.

Universal Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.564 100.560 0.739
201409 0.564 100.428 0.740
201412 0.960 99.070 1.277
201503 -0.834 99.621 -1.103
201506 0.161 100.684 0.211
201509 0.344 100.392 0.452
201512 -0.243 99.792 -0.321
201603 -0.335 100.470 -0.439
201606 0.622 101.688 0.806
201609 0.278 101.861 0.360
201612 -0.095 101.863 -0.123
201703 -1.320 102.862 -1.691
201706 -0.254 103.349 -0.324
201709 -0.943 104.136 -1.193
201712 0.269 104.011 0.341
201803 -1.550 105.290 -1.940
201806 0.232 106.317 0.288
201809 -0.343 106.507 -0.424
201812 0.973 105.998 1.210
201903 -0.579 107.251 -0.711
201906 1.218 108.070 1.485
201909 0.966 108.329 1.175
201912 2.607 108.420 3.169
202003 -0.816 108.902 -0.987
202006 0.481 108.767 0.583
202009 2.289 109.815 2.747
202012 1.559 109.897 1.869
202103 -0.812 111.754 -0.957
202106 1.429 114.631 1.643
202109 0.160 115.734 0.182
202112 0.964 117.630 1.080
202203 -1.652 121.301 -1.795
202206 -0.345 125.017 -0.364
202209 0.855 125.227 0.900
202212 0.399 125.222 0.420
202303 -0.538 127.348 -0.557
202306 0.856 128.729 0.876
202309 0.344 129.860 0.349
202312 0.211 129.419 0.215
202403 -0.398 131.776 -0.398

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.


Universal Electronics  (NAS:UEIC) 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.


Universal Electronics Cyclically Adjusted Price-to-FCF Related Terms

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


Universal Electronics (Universal Electronics) Business Description

Industry
Traded in Other Exchanges
Address
15147 N. Scottsdale Road, Suite H300, Scottsdale, AZ, USA, 85254-2494
Universal Electronics Inc is a United States-based company that is principally engaged in developing and manufacturing a series of electronic products, including wireless control products, audio-video accessories, intelligent wireless automation components, and software. The company focuses on the subscription broadcast, consumer electronics and residential security markets, with customers consisting of subscription broadcasters, original equipment manufacturer, private-label brands, retailers, pro-security dealers, and companies in the computing industry. The company has a global presence and generates most of its total revenue from the United States.
Executives
Toro 18 Holdings Llc 10 percent owner 2999 N.E. 191ST STREET, SUITE 610, AVENTURA FL 33180
Eric Singer 10 percent owner 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
William C Martin 10 percent owner C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Immersion Corp 10 percent owner 2999 N. E. 191ST STREET, SUITE 610, AVENTURA FL 33180
Bryan M Hackworth officer: Vice President and CFO 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Edward K Zinser director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Chong David Cheung Hyen officer: Executive Vice President -Asia 201 EAST SANDPOINTE AVENUE, 8TH FLOOR, SANTA ANA CA 92707
Paul D Arling director, officer: CEO 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Romulo Pontual director 15147 N SCOTTSDALE ROAD, SUITE H300, SCOTTSDALE AZ 85254
William C Mulligan director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Richard K Carnifax officer: V.P. Global Operations 15147 N. SCOTTSDALE ROAD, SUITE H300, SCOTTSDALE AZ 85254
Satjiv S Chahil director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Firehammer Richard A Jr officer: Senior Vice Presiden 201 E. SANDPOINTE AVENUE, 8TH FLOOR, SANTA ANA CA 92707
Ramzi Ammari officer: Sr.VP Corp Planning & Strategy 15147 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85268
Joseph Miketo officer: Sr. VP Operations 15147 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85254