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Motorola Solutions (BUE:MSI) Cyclically Adjusted FCF per Share : ARS409.68 (As of Mar. 2024)


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What is Motorola Solutions 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.

Motorola Solutions's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS8,511.125. 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 ARS409.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Motorola Solutions's average Cyclically Adjusted FCF Growth Rate was 16.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.20% per year. 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 Motorola Solutions was 73.00% per year. The lowest was -39.30% per year. And the median was 12.35% per year.

As of today (2024-06-02), Motorola Solutions's current stock price is ARS22588.00. Motorola Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS409.68. Motorola Solutions's Cyclically Adjusted Price-to-FCF of today is 55.14.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Motorola Solutions was 51.95. The lowest was 9.94. And the median was 37.25.


Motorola Solutions Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Motorola Solutions'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.

Motorola Solutions Cyclically Adjusted FCF per Share Chart

Motorola Solutions 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 4.07 83.57 224.51 110.58 357.94

Motorola Solutions 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 133.22 170.96 285.40 357.94 409.68

Competitive Comparison of Motorola Solutions's Cyclically Adjusted FCF per Share

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 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, Motorola Solutions'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)
=8511.125/131.7762*131.7762
=8,511.125

Current CPI (Mar. 2024) = 131.7762.

Motorola Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 20.931 100.560 27.429
201409 -32.055 100.428 -42.061
201412 -125.223 99.070 -166.564
201503 24.904 99.621 32.942
201506 22.120 100.684 28.951
201509 58.618 100.392 76.943
201512 133.322 99.792 176.052
201603 -15.677 100.470 -20.562
201606 79.576 101.688 103.121
201609 123.134 101.861 159.297
201612 210.715 101.863 272.595
201703 33.574 102.862 43.011
201706 58.537 103.349 74.638
201709 95.913 104.136 121.371
201712 436.120 104.011 552.539
201803 -319.479 105.290 -399.847
201806 278.886 106.317 345.670
201809 311.278 106.507 385.131
201812 808.742 105.998 1,005.425
201903 207.092 107.251 254.449
201906 238.491 108.070 290.808
201909 738.705 108.329 898.590
201912 1,254.802 108.420 1,525.114
202003 458.727 108.902 555.082
202006 305.625 108.767 370.278
202009 733.842 109.815 880.599
202012 1,496.266 109.897 1,794.158
202103 826.947 111.754 975.102
202106 892.027 114.631 1,025.443
202109 884.569 115.734 1,007.179
202112 1,840.662 117.630 2,062.029
202203 303.942 121.301 330.190
202206 -172.504 125.017 -181.831
202209 1,288.224 125.227 1,355.602
202212 5,851.658 125.222 6,157.947
202303 -354.812 127.348 -367.150
202306 278.100 128.729 284.684
202309 6,613.790 129.860 6,711.408
202312 12,229.453 129.419 12,452.158
202403 8,511.125 131.776 8,511.125

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


Motorola Solutions  (BUE:MSI) 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.

Motorola Solutions's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22588.00/409.68
=55.14

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Motorola Solutions was 51.95. The lowest was 9.94. And the median was 37.25.


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.


Motorola Solutions Cyclically Adjusted FCF per Share Related Terms

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


Motorola Solutions (BUE:MSI) 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.

Motorola Solutions (BUE:MSI) Headlines