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Iridium Communications (Iridium Communications) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Iridium Communications Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Iridium Communications Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Iridium Communications'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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Iridium Communications Cyclically Adjusted Price-to-FCF Chart

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

For the Telecom Services subindustry, Iridium Communications'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.


Iridium Communications's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Iridium Communications's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Iridium Communications 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.

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

For example, Iridium Communications'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)
=0.459/129.4194*129.4194
=0.459

Current CPI (Mar. 2024) = 129.4194.

Iridium Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.009 100.560 -0.012
201409 0.208 100.428 0.268
201412 -1.528 99.070 -1.996
201503 0.012 99.621 0.016
201506 -0.673 100.684 -0.865
201509 -0.060 100.392 -0.077
201512 -1.974 99.792 -2.560
201603 -0.234 100.470 -0.301
201606 -0.155 101.688 -0.197
201609 -0.156 101.861 -0.198
201612 -0.876 101.863 -1.113
201703 0.118 102.862 0.148
201706 -0.498 103.349 -0.624
201709 -0.308 104.136 -0.383
201712 -0.401 104.011 -0.499
201803 -0.237 105.290 -0.291
201806 -0.443 106.317 -0.539
201809 0.043 106.507 0.052
201812 -0.520 105.998 -0.635
201903 0.119 107.251 0.144
201906 -0.340 108.070 -0.407
201909 0.518 108.329 0.619
201912 0.307 108.420 0.366
202003 0.236 108.902 0.280
202006 0.410 108.767 0.488
202009 0.478 109.815 0.563
202012 0.455 109.897 0.536
202103 0.306 111.754 0.354
202106 0.484 114.631 0.546
202109 0.590 115.734 0.660
202112 0.569 117.630 0.626
202203 0.396 121.301 0.423
202206 0.635 125.017 0.657
202209 0.582 125.227 0.601
202212 0.492 125.222 0.508
202303 0.358 127.348 0.364
202306 0.512 128.729 0.515
202309 0.472 129.860 0.470
202312 0.548 129.419 0.548
202403 0.459 129.419 0.459

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.


Iridium Communications  (NAS:IRDM) 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.


Iridium Communications Cyclically Adjusted Price-to-FCF Related Terms

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Iridium Communications (Iridium Communications) Business Description

Traded in Other Exchanges
Address
1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102
Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.
Executives
Matthew J Desch director, officer: Chief Executive Officer C/O SAIC, 10260 CAMPUS POINT DR M/S F3, SAN DIEGO CA 92121
Jacqueline E Yeaney director 2002 SUMMIT BOULEVARD, SUITE 100, ATLANTA GA 30319
Bryan J. Hartin officer: EVP-Sales and Marketing C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Robert H Niehaus director, officer: Senior Vice President 4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Suzanne E. Mcbride officer: Chief Operations Officer C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Barry West director NEXTEL, 2001 EDMUND HALLEY DR, RESTON VA 20191
Scott Scheimreif officer: EVP-Government Programs C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Thomas C Canfield director C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Kathleen A. Morgan officer: Chief Legal Officer C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD SUITE 1400, MCLEAN VA 22102
Thomas Fitzpatrick officer: Chief Financial Officer C/O CENTENNIAL COMMUNICATIONS CORP, 3349 RTE 138, WALL NJ 07719
Henrik O. Schliemann director C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Timothy Kapalka officer: VP Iridium Satellite LLC C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, MCLEAN VA 22102
Parker William Rush director 5525 LBJ FREEWAY, DALLAS TX 75240
A B Krongard director C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230
Kay Sears director C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102