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Electronic Systems Technology (Electronic Systems Technology) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Electronic Systems Technology Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Electronic Systems Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Electronic Systems Technology'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.

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Electronic Systems Technology Cyclically Adjusted Price-to-FCF Chart

Electronic Systems Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Electronic Systems Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Electronic Systems Technology's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Electronic Systems Technology'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.


Electronic Systems Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Electronic Systems Technology 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.

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

For example, Electronic Systems Technology'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)
=-0.01/131.7762*131.7762
=-0.010

Current CPI (Mar. 2024) = 131.7762.

Electronic Systems Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.001 100.560 0.001
201409 -0.016 100.428 -0.021
201412 0.006 99.070 0.008
201503 -0.018 99.621 -0.024
201506 -0.019 100.684 -0.025
201509 -0.022 100.392 -0.029
201512 0.017 99.792 0.022
201603 -0.017 100.470 -0.022
201606 0.021 101.688 0.027
201609 -0.038 101.861 -0.049
201612 -0.021 101.863 -0.027
201703 0.001 102.862 0.001
201706 -0.020 103.349 -0.026
201709 -0.024 104.136 -0.030
201712 -0.010 104.011 -0.013
201803 -0.013 105.290 -0.016
201806 0.019 106.317 0.024
201809 0.004 106.507 0.005
201812 -0.007 105.998 -0.009
201903 -0.027 107.251 -0.033
201906 0.010 108.070 0.012
201909 -0.025 108.329 -0.030
201912 -0.015 108.420 -0.018
202003 -0.026 108.902 -0.031
202006 -0.015 108.767 -0.018
202009 -0.031 109.815 -0.037
202012 0.013 109.897 0.016
202103 0.021 111.754 0.025
202106 0.049 114.631 0.056
202109 -0.018 115.734 -0.020
202112 -0.026 117.630 -0.029
202203 0.010 121.301 0.011
202206 -0.025 125.017 -0.026
202209 -0.003 125.227 -0.003
202212 0.009 125.222 0.009
202303 -0.032 127.348 -0.033
202306 -0.013 128.729 -0.013
202309 0.008 129.860 0.008
202312 0.013 129.419 0.013
202403 -0.010 131.776 -0.010

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.


Electronic Systems Technology  (OTCPK:ELST) 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.


Electronic Systems Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Electronic Systems Technology (Electronic Systems Technology) Business Description

Traded in Other Exchanges
N/A
Address
415 N. Roosevelt Street, STE B1, Kennewick, WA, USA, 99336
Electronic Systems Technology Inc is engaged in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. It designs, develops, manufactures, and markets industrial wireless products and accessories. The company's products provide communication solutions for applications underutilized by conventional, commercial-grade communication systems. It offers product lines in markets for process automation in commercial, industrial, and government arenas domestically as well as internationally.
Executives
Daniel M. Tolley director C/O ELECTRONIC SYSTEMS TECHNOLOGY, INC., 415 N. ROOSEVELT ST., STE B1, KENNEWICH WA 99336
Michael William Eller director, officer: President 415 N QUAY, BLDG B1, KENNEWICK WA 99336
Partners Lllp Edco 10 percent owner 4605 S DENICE DR, ENGLEWOOD CO 80111
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Theodore Deinard director C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216
Donald E. Siecke director, 10 percent owner 12441 W 49TH AVE., UNIT 4, WHEAT RIDGE CO 80033
Thomas J. Schaefer director 6800 EAST HIGHLAND AVE, SCOTTSDALE AZ 85251
Vern D Kornelsen director, 10 percent owner 4605 S. DENICE DR, ENGLEWOOD CO 80111
Electronic Systems Technology Inc director, officer: Secretary/Treasurer 415 N. ROOSEVELT ST., STE B1, KENNEWICK WA 99336
Hummingbird Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp 10 percent owner, other: see footnote #1 C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022

Electronic Systems Technology (Electronic Systems Technology) Headlines

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