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Vishay Precision Group (Vishay Precision Group) Cyclically Adjusted FCF per Share : $1.25 (As of Dec. 2023)


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What is Vishay Precision Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Vishay Precision Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.991. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $1.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Vishay Precision Group's average Cyclically Adjusted FCF Growth Rate was 17.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Vishay Precision Group was 14.20% per year. The lowest was 7.60% per year. And the median was 10.90% per year.

As of today (2024-04-28), Vishay Precision Group's current stock price is $33.41. Vishay Precision Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.25. Vishay Precision Group's Cyclically Adjusted Price-to-FCF of today is 26.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Vishay Precision Group was 44.65. The lowest was 21.12. And the median was 33.53.


Vishay Precision Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Vishay Precision Group's Cyclically Adjusted FCF per Share 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.

Vishay Precision Group Cyclically Adjusted FCF per Share Chart

Vishay Precision Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.84 1.03 1.06 1.25

Vishay Precision Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 1.06 1.13 1.15 1.20 1.25

Competitive Comparison of Vishay Precision Group's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, Vishay Precision Group'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.


Vishay Precision Group's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Vishay Precision Group's Cyclically Adjusted Price-to-FCF falls into.



Vishay Precision Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Vishay Precision Group'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)
=0.991/129.4194*129.4194
=0.991

Current CPI (Dec. 2023) = 129.4194.

Vishay Precision Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.012 99.695 0.016
201406 0.092 100.560 0.118
201409 0.390 100.428 0.503
201412 0.519 99.070 0.678
201503 -0.369 99.621 -0.479
201506 0.005 100.684 0.006
201509 0.216 100.392 0.278
201512 0.489 99.792 0.634
201603 -0.109 100.470 -0.140
201606 -0.202 101.688 -0.257
201609 0.333 101.861 0.423
201612 0.057 101.863 0.072
201703 0.068 102.862 0.086
201706 0.243 103.349 0.304
201709 0.464 104.136 0.577
201712 0.394 104.011 0.490
201803 -0.185 105.290 -0.227
201806 0.276 106.317 0.336
201809 0.499 106.507 0.606
201812 0.948 105.998 1.157
201903 0.352 107.251 0.425
201906 0.478 108.070 0.572
201909 0.348 108.329 0.416
201912 0.274 108.420 0.327
202003 0.217 108.902 0.258
202006 0.200 108.767 0.238
202009 0.098 109.815 0.115
202012 0.391 109.897 0.460
202103 -0.009 111.754 -0.010
202106 0.307 114.631 0.347
202109 0.206 115.734 0.230
202112 0.700 117.630 0.770
202203 -0.335 121.301 -0.357
202206 0.330 125.017 0.342
202209 0.367 125.227 0.379
202212 0.495 125.222 0.512
202303 0.362 127.348 0.368
202306 0.468 128.729 0.471
202309 0.433 129.860 0.432
202312 0.991 129.419 0.991

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Vishay Precision Group  (NYSE:VPG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Vishay Precision Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=33.41/1.25
=26.73

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Vishay Precision Group was 44.65. The lowest was 21.12. And the median was 33.53.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Vishay Precision Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Vishay Precision Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Vishay Precision Group (Vishay Precision Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Great Valley Parkway, Suite 150, Malvern, PA, USA, 19355
Vishay Precision Group Inc manufactures and markets sensors, and sensor-based measurement systems, as well as specialty resistors and strain gages based on proprietary technology. The company provides precision products and solutions, many of which are designed-in by customers, specializing in the growing markets of stress, force, weight, pressure, and current measurements. The company reports in three product segments: Sensors segment, Weighing Solutions segment, and Measurement Systems segment. It has a business presence in the United States and other countries. It generates majority revenue from United States.
Executives
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
William M Clancy officer: Exec. VP/CFO 3 GREAT VALLEY PKWY, MALVERN PA 19355
Bruce A. Lerner director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Saul Reibstein director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Janet M Clarke director EXPRESSJET HOLDINGS, INC., 700 N SAM HOUSTON PRKWY W, SUITE 200, HOUSTON TX 77067
Marc Zandman director C/O VISHAY INTERTECHNOLOGY, INC., 63 LINCOLN HIGHWAY, MALVERN PA 19355
Timothy Talbert director 3152 CASWELL DR, TROY MI 48084
Amir Tal officer: SVP and CAO C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Sejal Shah Gulati director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Ziv Shoshani director, officer: President & CEO C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVE, MALVERN PA 19355
Nokomis Capital, L.l.c. 10 percent owner 1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Cary B Wood director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Roland B Desilets officer: General Counsel & Secretary 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Brett Hendrickson 10 percent owner 300 CRESCENT COURT, SUITE 1740, DALLAS TX 75201
Samuel Broydo director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355