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CTT Systems AB (CHIX:CTTS) Cyclically Adjusted FCF per Share : kr2.30 (As of Mar. 2024)


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What is CTT Systems AB 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.

CTT Systems AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr2.003. 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 kr2.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CTT Systems AB's average Cyclically Adjusted FCF Growth Rate was 60.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 40.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 28.10% 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 CTT Systems AB was 40.90% per year. The lowest was 16.00% per year. And the median was 23.10% per year.

As of today (2024-05-23), CTT Systems AB's current stock price is kr194.60. CTT Systems AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr2.30. CTT Systems AB's Cyclically Adjusted Price-to-FCF of today is 84.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CTT Systems AB was 367.21. The lowest was 61.18. And the median was 118.77.


CTT Systems AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CTT Systems AB'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.

CTT Systems AB Cyclically Adjusted FCF per Share Chart

CTT Systems AB 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 1.49 1.25 1.11 2.13 3.11

CTT Systems AB 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 2.43 2.72 2.99 3.11 2.30

Competitive Comparison of CTT Systems AB's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, CTT Systems AB'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.


CTT Systems AB's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CTT Systems AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CTT Systems AB 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, CTT Systems AB'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)
=2.003/132.2054*132.2054
=2.003

Current CPI (Mar. 2024) = 132.2054.

CTT Systems AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.536 100.432 0.706
201409 0.421 100.161 0.556
201412 0.519 100.225 0.685
201503 -0.040 99.950 -0.053
201506 0.159 99.995 0.210
201509 0.024 100.228 0.032
201512 0.758 100.276 0.999
201603 0.487 100.751 0.639
201606 0.774 101.019 1.013
201609 -0.072 101.138 -0.094
201612 1.341 102.022 1.738
201703 1.940 102.022 2.514
201706 1.796 102.752 2.311
201709 1.324 103.279 1.695
201712 0.910 103.793 1.159
201803 -0.072 103.962 -0.092
201806 0.295 104.875 0.372
201809 1.612 105.679 2.017
201812 1.077 105.912 1.344
201903 1.197 105.886 1.495
201906 1.117 106.742 1.383
201909 2.155 107.214 2.657
201912 2.377 107.766 2.916
202003 -0.008 106.563 -0.010
202006 -1.453 107.498 -1.787
202009 -1.445 107.635 -1.775
202012 -0.647 108.296 -0.790
202103 -0.766 108.360 -0.935
202106 0.375 108.928 0.455
202109 0.670 110.338 0.803
202112 1.445 112.486 1.698
202203 0.543 114.825 0.625
202206 0.128 118.384 0.143
202209 2.275 122.296 2.459
202212 1.357 126.365 1.420
202303 -0.463 127.042 -0.482
202306 4.749 129.407 4.852
202309 2.115 130.224 2.147
202312 2.303 131.912 2.308
202403 2.003 132.205 2.003

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


CTT Systems AB  (CHIX:CTTs) 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.

CTT Systems AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=194.60/2.3
=84.61

* 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 CTT Systems AB was 367.21. The lowest was 61.18. And the median was 118.77.


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.


CTT Systems AB Cyclically Adjusted FCF per Share Related Terms

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


CTT Systems AB (CHIX:CTTS) Business Description

Industry
Traded in Other Exchanges
Address
Brukslagarvagen 5, Box 1042, Nykoping, SWE, 61129
CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for existing aircraft fleets. Geographically company generates the majority of its revenue from Denmark.

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