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BK Technologies (BK Technologies) Cyclically Adjusted FCF per Share : $-0.33 (As of Mar. 2024)


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What is BK Technologies Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

BK Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.281. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.33 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of BK Technologies was 127.30% per year. The lowest was -34.00% per year. And the median was 6.80% per year.

As of today (2024-06-06), BK Technologies's current stock price is $13.255. BK Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.33. BK Technologies's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BK Technologies was 687.50. The lowest was 20.51. And the median was 49.36.


BK Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BK Technologies's Cyclically Adjusted FCF per Share 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.

BK Technologies Cyclically Adjusted FCF per Share Chart

BK Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.53 0.28 -0.23 -0.31

BK Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -0.13 -0.17 -0.22 -0.31 -0.33

Competitive Comparison of BK Technologies's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, BK Technologies'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.


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

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

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



BK Technologies Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, BK Technologies'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)
=-0.281/131.7762*131.7762
=-0.281

Current CPI (Mar. 2024) = 131.7762.

BK Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.398 100.560 0.522
201409 0.626 100.428 0.821
201412 0.166 99.070 0.221
201503 -0.259 99.621 -0.343
201506 0.344 100.684 0.450
201509 -0.385 100.392 -0.505
201512 -1.159 99.792 -1.530
201603 0.782 100.470 1.026
201606 1.439 101.688 1.865
201609 0.296 101.861 0.383
201612 0.857 101.863 1.109
201703 -0.523 102.862 -0.670
201706 -0.134 103.349 -0.171
201709 0.361 104.136 0.457
201712 -0.766 104.011 -0.970
201803 -1.258 105.290 -1.574
201806 1.330 106.317 1.648
201809 0.531 106.507 0.657
201812 0.875 105.998 1.088
201903 -1.229 107.251 -1.510
201906 0.134 108.070 0.163
201909 0.587 108.329 0.714
201912 -1.439 108.420 -1.749
202003 0.312 108.902 0.378
202006 0.916 108.767 1.110
202009 -0.115 109.815 -0.138
202012 0.282 109.897 0.338
202103 -0.396 111.754 -0.467
202106 -1.238 114.631 -1.423
202109 -0.350 115.734 -0.399
202112 -0.944 117.630 -1.058
202203 -1.080 121.301 -1.173
202206 -0.706 125.017 -0.744
202209 -0.530 125.227 -0.558
202212 -0.864 125.222 -0.909
202303 -0.010 127.348 -0.010
202306 0.193 128.729 0.198
202309 0.430 129.860 0.436
202312 -0.735 129.419 -0.748
202403 -0.281 131.776 -0.281

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


BK Technologies  (AMEX:BKTI) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BK Technologies was 687.50. The lowest was 20.51. And the median was 49.36.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


BK Technologies Cyclically Adjusted FCF per Share Related Terms

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


BK Technologies (BK Technologies) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7100 Technology Drive, West Melbourne, FL, USA, 32904
BK Technologies Corp designs, manufactures, markets wireless communication products. The company has divided its products into business and industrial analog, portables, mobiles, base stations, and repeaters. Its product portfolio consists of two-way land mobile radios, handheld radios, radios installed in vehicles. Its products are sold in the government and public safety market and business and industrial market.
Executives
Scott A. Malmanger officer: CFO and Secretary 13506 SUMMERPORT PKWY #160, WINDERMERE FL 34786
E. Gray Payne director C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
John M Suzuki director, officer: CEO 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Fundamental Global Gp, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Robert Joseph Jackson director 743 JETTON STREET, DAVIDSON NC 28036
Bk Technologies Holdings, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Lloyd Roberts Sams director 10849 FLOWERSTONE STREET, OAKTON VA 22124
Michael C Mitchell director C/O BALLANTYNE STRONG, INC., 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Fundamental Global Investors, Llc 10 percent owner 136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Joseph H Moglia 10 percent owner AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Lewis M Johnson 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Kyle Cerminara director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Branko Avanic officer: Chief Technology Officer C/O BK TECHNOLOGIES CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Randy Willis officer: Chief Operating Officer C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
James R. Holthaus officer: Chief Technology Officer C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904