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Ubiquiti (Ubiquiti) Cyclically Adjusted FCF per Share : $4.35 (As of Mar. 2024)


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What is Ubiquiti 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.

Ubiquiti's adjusted free cash flow per share for the three months ended in Mar. 2024 was $2.657. 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 $4.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ubiquiti's average Cyclically Adjusted FCF Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.90% 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 Ubiquiti was 16.90% per year. The lowest was 16.90% per year. And the median was 16.90% per year.

As of today (2024-05-21), Ubiquiti's current stock price is $151.39. Ubiquiti's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.35. Ubiquiti's Cyclically Adjusted Price-to-FCF of today is 34.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ubiquiti was 137.77. The lowest was 24.52. And the median was 70.56.


Ubiquiti Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ubiquiti'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.

Ubiquiti Cyclically Adjusted FCF per Share Chart

Ubiquiti Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.41 3.39 4.19 3.85

Ubiquiti 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 3.86 3.85 3.92 3.99 4.35

Competitive Comparison of Ubiquiti's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Ubiquiti'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.


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

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

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



Ubiquiti 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, Ubiquiti'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)
=2.657/131.7762*131.7762
=2.657

Current CPI (Mar. 2024) = 131.7762.

Ubiquiti Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.612 100.560 0.802
201409 0.484 100.428 0.635
201412 0.309 99.070 0.411
201503 0.384 99.621 0.508
201506 0.183 100.684 0.240
201509 0.519 100.392 0.681
201512 0.885 99.792 1.169
201603 0.296 100.470 0.388
201606 0.526 101.688 0.682
201609 0.378 101.861 0.489
201612 0.490 101.863 0.634
201703 -0.152 102.862 -0.195
201706 0.545 103.349 0.695
201709 1.150 104.136 1.455
201712 0.843 104.011 1.068
201803 1.518 105.290 1.900
201806 0.607 106.317 0.752
201809 1.216 106.507 1.505
201812 0.687 105.998 0.854
201903 0.164 107.251 0.202
201906 0.811 108.070 0.989
201909 1.479 108.329 1.799
201912 1.872 108.420 2.275
202003 1.289 108.902 1.560
202006 1.931 108.767 2.339
202009 1.792 109.815 2.150
202012 2.909 109.897 3.488
202103 2.143 111.754 2.527
202106 2.580 114.631 2.966
202109 1.566 115.734 1.783
202112 1.470 117.630 1.647
202203 1.621 121.301 1.761
202206 1.117 125.017 1.177
202209 0.551 125.227 0.580
202212 -0.735 125.222 -0.773
202303 -2.719 127.348 -2.814
202306 0.152 128.729 0.156
202309 1.070 129.860 1.086
202312 1.236 129.419 1.259
202403 2.657 131.776 2.657

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


Ubiquiti  (NYSE:UI) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=151.39/4.35
=34.80

* 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 Ubiquiti was 137.77. The lowest was 24.52. And the median was 70.56.


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.


Ubiquiti Cyclically Adjusted FCF per Share Related Terms

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


Ubiquiti (Ubiquiti) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ubiquiti Inc (NYSE:UI) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
685 Third Avenue, 27th Floor, New York, NY, USA, 10017
Ubiquiti Inc is a wireless and wireline network equipment provider for small Internet service providers and small- and midsize-business integrators. Its product is based on two primary categories namely Service Provider Technology and Enterprise Technology. The company generates maximum revenue from Enterprise Technology. Geographically, it derives a majority of revenue from North America and also has a presence in Europe, the Middle East and Africa; Asia Pacific and South America.
Executives
Ronald Sege director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Brandon Arrindell director UBIQUITI INC., 685 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Benjamin Moore officer: VP Business Development 91 E. TASMAN DRIVE, SAN JOSE CA 95134
Robert J Pera director, 10 percent owner, officer: Chief Executive Officer 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Rafael Torres director 4359 RED MAPLE CT, SAN JOSE CA 95138
Michael E. Hurlston director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kevin Radigan officer: Chief Accounting Officer 685 THIRD AVE, 27TH FLOOR, NEW YORK NY 10017
Mark Spragg officer: Interim CAO 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
John Sanford officer: Chief Technology Officer 91 E. TASMAN DRIVE, SAN JOSE CA 95134
Steven R Altman director
Peter Y Chung director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Summit Partners Private Equity Fund Vii-a, L.p. 10 percent owner C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02110
Fitzgerald Charles James Jr director SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Summit Partners L P other: Manager of GP of 10% owner. 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Jessica Zhou officer: General Counsel & VP UBIQUITI NETWORKS, INC., 91 E. TASMAN DRIVE, SAN JOSE CA 95134

Ubiquiti (Ubiquiti) Headlines

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