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Tel Instrument Electronics (Tel Instrument Electronics) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Tel Instrument Electronics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tel Instrument Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tel Instrument Electronics'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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Tel Instrument Electronics Cyclically Adjusted Price-to-FCF Chart

Tel Instrument Electronics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Tel Instrument Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 459.24 - 1,009.50 - -

Competitive Comparison of Tel Instrument Electronics's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Tel Instrument Electronics'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.


Tel Instrument Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Tel Instrument Electronics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tel Instrument Electronics's Cyclically Adjusted Price-to-FCF falls into.



Tel Instrument Electronics 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.

Tel Instrument Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tel Instrument Electronics's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.024/129.4194*129.4194
=-0.024

Current CPI (Dec. 2023) = 129.4194.

Tel Instrument Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.047 99.695 0.061
201406 0.045 100.560 0.058
201409 0.069 100.428 0.089
201412 0.029 99.070 0.038
201503 -0.023 99.621 -0.030
201506 0.027 100.684 0.035
201509 0.253 100.392 0.326
201512 0.005 99.792 0.006
201603 0.144 100.470 0.185
201606 -0.130 101.688 -0.165
201609 0.381 101.861 0.484
201612 0.138 101.863 0.175
201703 -0.296 102.862 -0.372
201706 -0.044 103.349 -0.055
201709 -0.182 104.136 -0.226
201712 -0.845 104.011 -1.051
201803 0.019 105.290 0.023
201806 0.000 106.317 0.000
201809 -0.006 106.507 -0.007
201812 -0.329 105.998 -0.402
201903 0.187 107.251 0.226
201906 0.091 108.070 0.109
201909 0.261 108.329 0.312
201912 -0.089 108.420 -0.106
202003 0.278 108.902 0.330
202006 -0.203 108.767 -0.242
202009 0.053 109.815 0.062
202012 0.033 109.897 0.039
202103 -0.019 111.754 -0.022
202106 0.266 114.631 0.300
202109 0.026 115.734 0.029
202112 0.111 117.630 0.122
202203 -0.049 121.301 -0.052
202206 -0.190 125.017 -0.197
202209 -0.250 125.227 -0.258
202212 -0.028 125.222 -0.029
202303 -0.044 127.348 -0.045
202306 0.133 128.729 0.134
202309 -2.121 129.860 -2.114
202312 -0.024 129.419 -0.024

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.


Tel Instrument Electronics  (OTCPK:TIKK) 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.


Tel Instrument Electronics Cyclically Adjusted Price-to-FCF Related Terms

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Tel Instrument Electronics (Tel Instrument Electronics) Business Description

Traded in Other Exchanges
N/A
Address
One Branca Road, East Rutherford, NJ, USA, 07073
Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The avionics government segment consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. The Avionics commercial segment consists of design, manufacture, and sale of test equipment to domestic and foreign airlines. It generates a majority of its revenue from the Avionics Government segment.
Executives
Dowling Vincent J. Jr 10 percent owner 54 LEDYARD, WEST HARTFORD CT 06117
Robert A Rice director 728 GARDEN ST, CARLSTADT NJ 07072
Joseph P Macaluso 10 percent owner, officer: Principal Accounting Officer
Stephen A Fletcher director, 10 percent owner ONE BRANCA RD, EAST RUTHERFORD NJ 07073-2121
Sadie Elizabeth Fletcher 10 percent owner ONE BRANCA RD, EAST RUTHERFORD NJ 07073-2121
Michael Wolfgang Schirmer officer: Chief Operating Officer ONE BRANCA ROAD, EAST RUTHERFORD NJ 07073
Jeff C Ohara director ONE BRANCA RD, EAST RUTHERFORD NJ 07073
George J Leon director, 10 percent owner
Chris H Allen officer: VP of Operations ONE BRANCA RD, EAST RUTHERFORD NJ 07073
Harold K Fletcher director, 10 percent owner, officer: CEO
Marc A Mastrangelo officer: Vice President-Manufacturing 728 GARDEN ST, CARLSTADT NJ 07072
Adam Rachlin officer: Vice President 728 GARDEN ST, CARLSTADT NJ 07072
Charles R Palanzo officer: COO 728 GARDEN STREET, CARLSTADT NJ 07072
Robert H Walker director C/O ROBOTIC VISION SYSTEMS INC, 486 AMHERST STREET, NASHUA NH 03063
Robert J Melnick director, officer: Vice President

Tel Instrument Electronics (Tel Instrument Electronics) Headlines