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Network-1 Technologies (FRA:6LK) Cyclically Adjusted Price-to-FCF : 5.19 (As of May. 31, 2024)


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What is Network-1 Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), Network-1 Technologies's current share price is €1.61. Network-1 Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.31. Network-1 Technologies's Cyclically Adjusted Price-to-FCF for today is 5.19.

The historical rank and industry rank for Network-1 Technologies's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:6LK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.15   Med: 10   Max: 95
Current: 5.21

During the past years, Network-1 Technologies's highest Cyclically Adjusted Price-to-FCF was 95.00. The lowest was 5.15. And the median was 10.00.

FRA:6LK's Cyclically Adjusted Price-to-FCF is ranked better than
86.94% of 360 companies
in the Business Services industry
Industry Median: 18.3 vs FRA:6LK: 5.21

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 adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.023. 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 €0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Network-1 Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Network-1 Technologies'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.

Network-1 Technologies Cyclically Adjusted Price-to-FCF Chart

Network-1 Technologies 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 6.77 15.24 8.44 6.91 6.44

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 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 6.54 6.86 6.98 6.44 6.03

Competitive Comparison of Network-1 Technologies's Cyclically Adjusted Price-to-FCF

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 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.61/0.31
=5.19

* 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.

Network-1 Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=-0.023/131.7762*131.7762
=-0.023

Current CPI (Mar. 2024) = 131.7762.

Network-1 Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.068 100.560 0.089
201409 0.096 100.428 0.126
201412 0.010 99.070 0.013
201503 -0.060 99.621 -0.079
201506 0.120 100.684 0.157
201509 0.051 100.392 0.067
201512 0.101 99.792 0.133
201603 0.004 100.470 0.005
201606 0.529 101.688 0.686
201609 0.792 101.861 1.025
201612 -0.271 101.863 -0.351
201703 -0.099 102.862 -0.127
201706 0.165 103.349 0.210
201709 0.056 104.136 0.071
201712 0.092 104.011 0.117
201803 0.535 105.290 0.670
201806 -0.309 106.317 -0.383
201809 -0.039 106.507 -0.048
201812 0.028 105.998 0.035
201903 -0.054 107.251 -0.066
201906 0.002 108.070 0.002
201909 -0.002 108.329 -0.002
201912 0.027 108.420 0.033
202003 -0.058 108.902 -0.070
202006 -0.021 108.767 -0.025
202009 0.075 109.815 0.090
202012 -0.021 109.897 -0.025
202103 -0.047 111.754 -0.055
202106 0.438 114.631 0.504
202109 0.291 115.734 0.331
202112 -0.004 117.630 -0.004
202203 -0.048 121.301 -0.052
202206 -0.153 125.017 -0.161
202209 -0.024 125.227 -0.025
202212 -0.010 125.222 -0.011
202303 -0.011 127.348 -0.011
202306 -0.010 128.729 -0.010
202309 -0.008 129.860 -0.008
202312 0.042 129.419 0.043
202403 -0.023 131.776 -0.023

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.


Network-1 Technologies  (FRA:6LK) 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.


Network-1 Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Network-1 Technologies (FRA:6LK) 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 (FRA:6LK) Headlines

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