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Acacia Research (FRA:AZG2) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Acacia Research Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Acacia Research Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Acacia Research'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.

Acacia Research Cyclically Adjusted Price-to-FCF Chart

Acacia Research Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Acacia Research 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 Acacia Research's Cyclically Adjusted Price-to-FCF

For the Business Equipment & Supplies subindustry, Acacia Research'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.


Acacia Research's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acacia Research's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Acacia Research 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.

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

For example, Acacia Research'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)
=0.503/131.7762*131.7762
=0.503

Current CPI (Mar. 2024) = 131.7762.

Acacia Research Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.020 100.560 -0.026
201409 0.192 100.428 0.252
201412 -0.463 99.070 -0.616
201503 -0.614 99.621 -0.812
201506 0.136 100.684 0.178
201509 0.139 100.392 0.182
201512 -0.223 99.792 -0.294
201603 0.182 100.470 0.239
201606 0.475 101.688 0.616
201609 -0.257 101.861 -0.332
201612 0.205 101.863 0.265
201703 -0.018 102.862 -0.023
201706 -0.077 103.349 -0.098
201709 0.667 104.136 0.844
201712 -0.366 104.011 -0.464
201803 0.800 105.290 1.001
201806 -0.690 106.317 -0.855
201809 -0.037 106.507 -0.046
201812 0.237 105.998 0.295
201903 -0.035 107.251 -0.043
201906 -0.084 108.070 -0.102
201909 0.024 108.329 0.029
201912 -0.025 108.420 -0.030
202003 -0.148 108.902 -0.179
202006 -0.234 108.767 -0.284
202009 0.119 109.815 0.143
202012 -0.420 109.897 -0.504
202103 -0.297 111.754 -0.350
202106 -0.019 114.631 -0.022
202109 -0.030 115.734 -0.034
202112 0.264 117.630 0.296
202203 -0.062 121.301 -0.067
202206 -0.425 125.017 -0.448
202209 0.054 125.227 0.057
202212 -0.546 125.222 -0.575
202303 -0.046 127.348 -0.048
202306 -0.234 128.729 -0.240
202309 0.011 129.860 0.011
202312 -0.097 129.419 -0.099
202403 0.503 131.776 0.503

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.


Acacia Research  (FRA:AZG2) 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.


Acacia Research Cyclically Adjusted Price-to-FCF Related Terms

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Acacia Research (FRA:AZG2) Business Description

Traded in Other Exchanges
Address
767 Third Avenue, 6th Floor, New York, NY, USA, 10017
Acacia Research Corp is engaged in the acquisition, development, and patents technologies through its subsidiaries. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies. It has two segments Intellectual Property Operations and Industrial Operations.

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