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Tobii AB (STU:24T) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Tobii AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tobii AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tobii AB'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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Tobii AB Cyclically Adjusted Price-to-FCF Chart

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

For the Computer Hardware subindustry, Tobii AB'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.


Tobii AB's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Tobii AB 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.

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

For example, Tobii AB'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)
=-0.104/132.2054*132.2054
=-0.104

Current CPI (Mar. 2024) = 132.2054.

Tobii AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.034 100.432 -0.045
201409 -0.067 100.161 -0.088
201412 -0.065 100.225 -0.086
201503 -0.056 99.950 -0.074
201506 0.009 99.995 0.012
201509 -0.018 100.228 -0.024
201512 0.005 100.276 0.007
201603 0.003 100.751 0.004
201606 -0.038 101.019 -0.050
201609 -0.024 101.138 -0.031
201612 -0.024 102.022 -0.031
201703 -0.048 102.022 -0.062
201706 -0.081 102.752 -0.104
201709 -0.059 103.279 -0.076
201712 -0.042 103.793 -0.053
201803 -0.065 103.962 -0.083
201806 -0.060 104.875 -0.076
201809 -0.069 105.679 -0.086
201812 -0.039 105.912 -0.049
201903 -0.089 105.886 -0.111
201906 -0.071 106.742 -0.088
201909 -0.051 107.214 -0.063
201912 -0.038 107.766 -0.047
202003 -0.058 106.563 -0.072
202006 0.019 107.498 0.023
202009 0.011 107.635 0.014
202012 -0.094 108.296 -0.115
202103 -0.010 108.360 -0.012
202106 -0.089 108.928 -0.108
202109 -0.068 110.338 -0.081
202112 0.019 112.486 0.022
202203 -0.044 114.825 -0.051
202206 -0.058 118.384 -0.065
202209 -0.054 122.296 -0.058
202212 0.119 126.365 0.124
202303 0.038 127.042 0.040
202306 -0.053 129.407 -0.054
202309 -0.056 130.224 -0.057
202312 -0.022 131.912 -0.022
202403 -0.104 132.205 -0.104

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.


Tobii AB  (STU:24T) 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.


Tobii AB Cyclically Adjusted Price-to-FCF Related Terms

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Tobii AB (STU:24T) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tobii AB (STU:24T) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Karlsrovagen 2D, Danderyd, SWE, S-182 53
Tobii AB, along with its subsidiaries, provides eye-tracking solutions. The group comprises three business units: Tobii Dynavox, Tobii Pro and Tobii Tech. Tobii Dynavox provides assistive technology for communication. Tobii Pro is a provider of eye-tracking solutions and services to study human behavior. Tobii Tech provides eye-tracking components and platforms. Business operations of the company are functioned through Sweden, Europe, the USA, Asia/Oceania, and Other countries. It derives a majority of revenue from the USA.

Tobii AB (STU:24T) Headlines

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