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PC Connection (PC Connection) Cyclically Adjusted Price-to-FCF : 33.36 (As of May. 29, 2024)


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What is PC Connection Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), PC Connection's current share price is $67.39. PC Connection's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.02. PC Connection's Cyclically Adjusted Price-to-FCF for today is 33.36.

The historical rank and industry rank for PC Connection's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CNXN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 27.77   Med: 44.51   Max: 68.59
Current: 33.72

During the past years, PC Connection's highest Cyclically Adjusted Price-to-FCF was 68.59. The lowest was 27.77. And the median was 44.51.

CNXN's Cyclically Adjusted Price-to-FCF is ranked worse than
53.79% of 950 companies
in the Hardware industry
Industry Median: 30.96 vs CNXN: 33.72

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.

PC Connection's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $2.099. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PC Connection Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PC Connection's Cyclically Adjusted Price-to-FCF 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.

PC Connection Cyclically Adjusted Price-to-FCF Chart

PC Connection Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.78 48.99 33.23 39.93 35.63

PC Connection Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 38.25 28.19 30.88 35.63 32.61

Competitive Comparison of PC Connection's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, PC Connection'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.


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

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

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



PC Connection Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

PC Connection's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=67.39/2.02
=33.36

* 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.

PC Connection's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PC Connection'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)
=2.099/131.7762*131.7762
=2.099

Current CPI (Mar. 2024) = 131.7762.

PC Connection Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.187 100.560 -0.245
201409 0.226 100.428 0.297
201412 0.167 99.070 0.222
201503 0.712 99.621 0.942
201506 -0.309 100.684 -0.404
201509 0.170 100.392 0.223
201512 0.105 99.792 0.139
201603 0.802 100.470 1.052
201606 -0.381 101.688 -0.494
201609 0.741 101.861 0.959
201612 -0.349 101.863 -0.451
201703 0.891 102.862 1.141
201706 -1.421 103.349 -1.812
201709 1.290 104.136 1.632
201712 -0.479 104.011 -0.607
201803 1.198 105.290 1.499
201806 -0.024 106.317 -0.030
201809 1.265 106.507 1.565
201812 0.000 105.998 0.000
201903 0.435 107.251 0.534
201906 -0.833 108.070 -1.016
201909 1.131 108.329 1.376
201912 -0.319 108.420 -0.388
202003 1.512 108.902 1.830
202006 2.064 108.767 2.501
202009 -2.182 109.815 -2.618
202012 -0.445 109.897 -0.534
202103 0.135 111.754 0.159
202106 0.897 114.631 1.031
202109 -0.966 115.734 -1.100
202112 1.733 117.630 1.941
202203 -1.543 121.301 -1.676
202206 1.051 125.017 1.108
202209 0.819 125.227 0.862
202212 0.646 125.222 0.680
202303 0.667 127.348 0.690
202306 4.285 128.729 4.386
202309 1.805 129.860 1.832
202312 0.379 129.419 0.386
202403 2.099 131.776 2.099

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


PC Connection  (NAS:CNXN) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


PC Connection Cyclically Adjusted Price-to-FCF Related Terms

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


PC Connection (PC Connection) Business Description

Industry
Traded in Other Exchanges
Address
730 Milford Road, Merrimack, NH, USA, 03054-4631
PC Connection Inc is a provider of information technology solutions. It provides products such as computer systems, software and peripheral equipment, networking communications, and other products and accessories that company purchase from manufacturers and distributors. The company also offers services involving design, configuration, and implementation of IT solutions. It conducts business operations through three business segments namely Business Solutions, Enterprise Solutions, and Public Sector Solutions. The company generates maximum revenue Enterprise Solutions segment.
Executives
Thomas C Baker officer: Sr. VP, CFO & Treasurer 730 MILFORD ROAD, MERRIMACK NH 03054
Negrini David Beffa director, officer: VP, Corporate Communications PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Timothy J Mcgrath officer: President & CEO PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Jack L Ferguson officer: Treasurer & Interim CFO PC CONNECTION, INC., 730 MILFORD ROAD, MERRIMACK NH 03054
Barbara Duckett director 730 MILFORD ROAD, MERRIMACK NH 03054
Patricia Gallup director, 10 percent owner, officer: Chairman & Chief Admin Officer 730 MILFORD ROAD, MERRIMACK NH 03054
Pc Connection Inc 10 percent owner ROUTE 101A, 730 MILFORD RD, MERRIMACK NH 03054
Comack Trust 10 percent owner 450 MARLBORO STREET, KEENE NH 03431
Jay E Bothwick director C/O PC CONENCTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Gary Kinyon director 730 MILFORD ROAD, MERRIMACK NH 03054
Estate Of David Mclellan Hall 10 percent owner C/O PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Joseph A Baute director 730 MILFORD ROAD, MERRIMACK NH 03054
Stephen P Sarno officer: Sr. VP, Treasurer & CFO C/O SAPIENT CORPORATION, 25 FIRST STREET, CAMBRIDGE MA 02141
David Hall director, 10 percent owner, officer: Vice Chairman 730 MILFORD ROAD, MERRIMACK NH 03054
Glynn W Schulze officer: Interim CFO and VP C/O PC CONNECTION, INC., 730 MILFORD ROAD, MERRIMACK NH 03054