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CommScope Holding Co (FRA:CM9) Cyclically Adjusted Price-to-FCF : 0.80 (As of Jun. 05, 2024)


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What is CommScope Holding Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), CommScope Holding Co's current share price is €1.38. CommScope Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.72. CommScope Holding Co's Cyclically Adjusted Price-to-FCF for today is 0.80.

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

FRA:CM9' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.48   Med: 3.44   Max: 7.54
Current: 0.79

During the past years, CommScope Holding Co's highest Cyclically Adjusted Price-to-FCF was 7.54. The lowest was 0.48. And the median was 3.44.

FRA:CM9's Cyclically Adjusted Price-to-FCF is ranked better than
99.27% of 965 companies
in the Hardware industry
Industry Median: 30.44 vs FRA:CM9: 0.79

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.

CommScope Holding Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.796. 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 €1.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CommScope Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CommScope Holding Co'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.

CommScope Holding Co Cyclically Adjusted Price-to-FCF Chart

CommScope Holding Co 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 - - 5.65 3.84 1.45

CommScope Holding Co 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 3.25 2.83 1.69 1.45 0.68

Competitive Comparison of CommScope Holding Co's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, CommScope Holding Co'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.


CommScope Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where CommScope Holding Co's Cyclically Adjusted Price-to-FCF falls into.



CommScope Holding Co 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.

CommScope Holding Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.38/1.72
=0.80

* 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.

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

For example, CommScope Holding Co'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)
=-0.796/131.7762*131.7762
=-0.796

Current CPI (Mar. 2024) = 131.7762.

CommScope Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.088 100.560 -0.115
201409 0.817 100.428 1.072
201412 0.488 99.070 0.649
201503 -0.033 99.621 -0.044
201506 0.258 100.684 0.338
201509 0.455 100.392 0.597
201512 0.597 99.792 0.788
201603 0.482 100.470 0.632
201606 0.672 101.688 0.871
201609 1.126 101.861 1.457
201612 0.338 101.863 0.437
201703 0.422 102.862 0.541
201706 0.314 103.349 0.400
201709 0.535 104.136 0.677
201712 1.011 104.011 1.281
201803 0.090 105.290 0.113
201806 0.363 106.317 0.450
201809 0.887 106.507 1.097
201812 0.475 105.998 0.591
201903 -0.144 107.251 -0.177
201906 -1.272 108.070 -1.551
201909 2.328 108.329 2.832
201912 1.409 108.420 1.713
202003 -0.309 108.902 -0.374
202006 0.839 108.767 1.016
202009 0.631 109.815 0.757
202012 0.206 109.897 0.247
202103 -0.626 111.754 -0.738
202106 0.642 114.631 0.738
202109 0.129 115.734 0.147
202112 -0.206 117.630 -0.231
202203 -0.186 121.301 -0.202
202206 -0.557 125.017 -0.587
202209 -0.532 125.227 -0.560
202212 1.650 125.222 1.736
202303 -0.266 127.348 -0.275
202306 0.509 128.729 0.521
202309 0.575 129.860 0.583
202312 0.220 129.419 0.224
202403 -0.796 131.776 -0.796

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.


CommScope Holding Co  (FRA:CM9) 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.


CommScope Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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CommScope Holding Co (FRA:CM9) Business Description

Industry
Traded in Other Exchanges
Address
1100 CommScope Place, South East, Hickory, NC, USA, 28602
CommScope Holding Co Inc is a provider of infrastructure solutions for communication, data center and entertainment networks. The company provides solutions for wired and wireless networks to enable service providers, including cable, telephone, data center and digital broadcast satellite operators and media programmers, to deliver media, voice, Internet Protocol (IP) data services and Wi-Fi to their subscribers and allow enterprises to experience constant wireless and wired connectivity across complex and varied networking environments. The company is into digital video and IP television (IPTV) distribution systems, broadband access infrastructure platforms and equipment that delivers data and voice networks to homes.

CommScope Holding Co (FRA:CM9) Headlines

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