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Network-1 Technologies (LTS:0K6P) Cyclically Adjusted FCF per Share : $0.37 (As of Mar. 2024)


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What is Network-1 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.

Network-1 Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.025. 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 $0.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Network-1 Technologies's average Cyclically Adjusted FCF Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 22.90% 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 Network-1 Technologies was 97.20% per year. The lowest was -3.90% per year. And the median was 38.65% per year.

As of today (2024-06-05), Network-1 Technologies's current stock price is $2.269. Network-1 Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.37. Network-1 Technologies's Cyclically Adjusted Price-to-FCF of today is 6.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Network-1 Technologies was 95.00. The lowest was 5.10. And the median was 10.00.


Network-1 Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Network-1 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.

Network-1 Technologies Cyclically Adjusted FCF per Share Chart

Network-1 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 0.33 0.14 0.35 0.35 0.35

Network-1 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 0.35 0.33 0.33 0.35 0.37

Competitive Comparison of Network-1 Technologies's Cyclically Adjusted FCF per Share

For the Specialty Business Services subindustry, Network-1 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.


Network-1 Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Network-1 Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Network-1 Technologies's Cyclically Adjusted Price-to-FCF falls into.



Network-1 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, Network-1 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)
=-0.025/131.7762*131.7762
=-0.025

Current CPI (Mar. 2024) = 131.7762.

Network-1 Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.092 100.560 0.121
201409 0.123 100.428 0.161
201412 0.013 99.070 0.017
201503 -0.065 99.621 -0.086
201506 0.135 100.684 0.177
201509 0.058 100.392 0.076
201512 0.110 99.792 0.145
201603 0.005 100.470 0.007
201606 0.594 101.688 0.770
201609 0.889 101.861 1.150
201612 -0.286 101.863 -0.370
201703 -0.105 102.862 -0.135
201706 0.185 103.349 0.236
201709 0.067 104.136 0.085
201712 0.109 104.011 0.138
201803 0.660 105.290 0.826
201806 -0.361 106.317 -0.447
201809 -0.046 106.507 -0.057
201812 0.032 105.998 0.040
201903 -0.061 107.251 -0.075
201906 0.003 108.070 0.004
201909 -0.003 108.329 -0.004
201912 0.030 108.420 0.036
202003 -0.064 108.902 -0.077
202006 -0.024 108.767 -0.029
202009 0.088 109.815 0.106
202012 -0.025 109.897 -0.030
202103 -0.056 111.754 -0.066
202106 0.528 114.631 0.607
202109 0.342 115.734 0.389
202112 -0.005 117.630 -0.006
202203 -0.053 121.301 -0.058
202206 -0.162 125.017 -0.171
202209 -0.024 125.227 -0.025
202212 -0.011 125.222 -0.012
202303 -0.012 127.348 -0.012
202306 -0.011 128.729 -0.011
202309 -0.008 129.860 -0.008
202312 0.046 129.419 0.047
202403 -0.025 131.776 -0.025

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


Network-1 Technologies  (LTS:0K6P) 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.

Network-1 Technologies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.269/0.37
=6.13

* 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 Network-1 Technologies was 95.00. The lowest was 5.10. And the median was 10.00.


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.


Network-1 Technologies Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Network-1 Technologies's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Network-1 Technologies (LTS:0K6P) Business Description

Traded in Other Exchanges
Address
65 Locust Avenue, Suite 912, New Canaan, CT, USA, 06840
Network-1 Technologies Inc is involved in the business of the development, licensing, and protection of intellectual property rights. The company's current strategy includes continuing to pursue licensing opportunities for its intellectual property assets.

Network-1 Technologies (LTS:0K6P) Headlines

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