GURUFOCUS.COM » STOCK LIST » Technology » Hardware » The Coretec Group Inc (OTCPK:CRTG) » Definitions » Cyclically Adjusted Price-to-FCF

The Coretec Group (The Coretec Group) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


View and export this data going back to 2003. Start your Free Trial

What is The Coretec Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Coretec Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Coretec Group'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.

The Coretec Group Cyclically Adjusted Price-to-FCF Chart

The Coretec Group 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 - - - - -

The Coretec Group 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 - - - - -

Competitive Comparison of The Coretec Group's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, The Coretec Group'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.


The Coretec Group's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



The Coretec Group 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.

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

For example, The Coretec Group'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)
=-0.001/131.7762*131.7762
=-0.001

Current CPI (Mar. 2024) = 131.7762.

The Coretec Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.084 100.560 -0.110
201409 -0.186 100.428 -0.244
201412 -0.044 99.070 -0.059
201503 -0.085 99.621 -0.112
201506 -0.007 100.684 -0.009
201509 -0.007 100.392 -0.009
201512 0.014 99.792 0.018
201603 -0.002 100.470 -0.003
201606 -0.029 101.688 -0.038
201609 -0.022 101.861 -0.028
201612 -0.064 101.863 -0.083
201703 -0.053 102.862 -0.068
201706 -0.039 103.349 -0.050
201709 -0.002 104.136 -0.003
201712 -0.004 104.011 -0.005
201803 -0.005 105.290 -0.006
201806 -0.002 106.317 -0.002
201809 -0.002 106.507 -0.002
201812 -0.001 105.998 -0.001
201903 -0.001 107.251 -0.001
201906 -0.002 108.070 -0.002
201909 -0.001 108.329 -0.001
201912 -0.005 108.420 -0.006
202003 -0.002 108.902 -0.002
202006 -0.001 108.767 -0.001
202009 -0.002 109.815 -0.002
202012 -0.002 109.897 -0.002
202103 0.000 111.754 0.000
202106 -0.002 114.631 -0.002
202109 -0.002 115.734 -0.002
202112 -0.001 117.630 -0.001
202203 -0.002 121.301 -0.002
202206 -0.002 125.017 -0.002
202209 -0.002 125.227 -0.002
202212 -0.002 125.222 -0.002
202303 -0.001 127.348 -0.001
202306 -0.002 128.729 -0.002
202309 -0.001 129.860 -0.001
202312 -0.002 129.419 -0.002
202403 -0.001 131.776 -0.001

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.


The Coretec Group  (OTCPK:CRTG) 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.


The Coretec Group Cyclically Adjusted Price-to-FCF Related Terms

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


The Coretec Group (The Coretec Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
600 South Wagner Road, Ann Arbor, MI, USA, 48103
The Coretec Group Inc is technology company. The company is currently developing, testing, and providing new and/or improved technologies, products, and service solutions for energy-related industries including, but not limited to oil/gas, renewable energy, and distributed energy industries. Many of these technologies and products also have applications for medical, electronic, photonic, display, and lighting markets among others. The company's product portfolio includes Endurion, Coretec HexaSilane, CSpace, and other Technologies which are based on the production of silicon products.
Executives
Victor F Keen director C/O RESEARCH FRONTIERS INC., 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Simon Calton director, 10 percent owner C/O 3DICON CORPORATION, 505 BROADWAY, S. 208, FARGO ND 58102
Matthew Joseph Kappers director, officer: Chief Executive Officer C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Matthew Leo Hoffman officer: Chief Financial Officer 333 JACKSON PLAZA, SUITE 1200, ANN ARBOR MI 48103
Michael Anthony Kraft officer: Chief Executive Officer 3169 REDHILL AVENUE, COSTA MESA CA 92626
Dennis Keith Anderson director, 10 percent owner C/O 3DICON CORPORATION, 505 BROADWAY, S. 208, FARGO ND 58102
Ronald Dombrowski director C/O 3DICON CORPORATION, 505 BROADWAY, S. 208, FARGO ND 58102
Doug Freitag director, officer: Chief Executive Officer C/O 3DICON CORPORATION, 505 BROADWAY, S.208, FARGO ND 58102
Ronald Wayne Robinson officer: Chief Financial Officer 6804 SOUTH CANTON AVENUE, SUITE 150, TULSA OK 74136
Anthony Martin Keating director 7507 SOUTH SANDUSKY AVENUE, TULSA OK 74136
John Michael Oconnor director 2828 E. 34, TULSA OK 74105
Chris Dunstan officer: Chief Financial Officer
Sidney A Aroesty director DIAGNOSTIC PRODUCTS CORP, 5700 WEST 96TH STREET, LOS ANGELES CA 90045
Keating Judith Faye Snider other: Corporate Secretary 7507 SOUTH SANDUSKY AVENUE, TULSA OK 74136
Mark G Willner officer: Chief Executive Officer 543 MONROE STREET, DENVER CO 80206