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ASM International NV (ASM International NV) Cyclically Adjusted FCF per Share : $4.10 (As of Mar. 2024)


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What is ASM International NV 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.

ASM International NV's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.387. 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 $4.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ASM International NV's average Cyclically Adjusted FCF Growth Rate was 17.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 32.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 26.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.30% 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 ASM International NV was 55.80% per year. The lowest was -9.20% per year. And the median was 19.70% per year.

As of today (2024-06-02), ASM International NV's current stock price is $701.43. ASM International NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.10. ASM International NV's Cyclically Adjusted Price-to-FCF of today is 171.08.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ASM International NV was 227.05. The lowest was 19.82. And the median was 47.84.


ASM International NV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ASM International NV'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.

ASM International NV Cyclically Adjusted FCF per Share Chart

ASM International NV 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 1.90 1.92 2.23 3.13 4.11

ASM International NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.49 3.71 3.77 4.11 4.10

Competitive Comparison of ASM International NV's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, ASM International NV'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.


ASM International NV's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ASM International NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ASM International NV's Cyclically Adjusted Price-to-FCF falls into.



ASM International NV 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, ASM International NV'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)
=1.387/128.5800*128.5800
=1.387

Current CPI (Mar. 2024) = 128.5800.

ASM International NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.244 99.240 0.316
201409 0.254 99.960 0.327
201412 -0.093 99.050 -0.121
201503 0.479 99.750 0.617
201506 -0.057 100.230 -0.073
201509 1.015 100.500 1.299
201512 0.382 99.730 0.493
201603 -0.119 100.310 -0.153
201606 -0.097 100.260 -0.124
201609 0.190 100.570 0.243
201612 0.347 100.710 0.443
201703 0.345 101.440 0.437
201706 -0.470 101.370 -0.596
201709 0.528 102.030 0.665
201712 0.056 101.970 0.071
201803 0.330 102.470 0.414
201806 -0.791 103.100 -0.986
201809 -0.388 103.950 -0.480
201812 1.353 103.970 1.673
201903 0.513 105.370 0.626
201906 2.404 105.840 2.921
201909 1.543 106.700 1.859
201912 3.987 106.800 4.800
202003 0.922 106.850 1.110
202006 -0.010 107.510 -0.012
202009 0.393 107.880 0.468
202012 1.094 107.850 1.304
202103 2.103 108.870 2.484
202106 1.158 109.670 1.358
202109 1.996 110.790 2.317
202112 0.161 114.010 0.182
202203 2.232 119.460 2.402
202206 1.921 119.050 2.075
202209 2.132 126.890 2.160
202212 0.857 124.940 0.882
202303 3.323 124.720 3.426
202306 1.431 125.830 1.462
202309 2.239 127.160 2.264
202312 2.087 126.450 2.122
202403 1.387 128.580 1.387

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


ASM International NV  (OTCPK:ASMIY) 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.

ASM International NV's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=701.43/4.1
=171.08

* 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 ASM International NV was 227.05. The lowest was 19.82. And the median was 47.84.


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.


ASM International NV Cyclically Adjusted FCF per Share Related Terms

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


ASM International NV (ASM International NV) Business Description

Industry
Address
Versterkerstraat 8, Almere, FL, NLD, 1322 AP
Based in the Netherlands, ASM International supplies semiconductor manufacturing equipment. ASM's front-end equipment, such as atomic layer deposition, or ALD, and epitaxial tools, are used in the preparation of silicon wafers and fabrication of semiconductor layers. The firm is the top supplier in the ALD equipment segment. ASM's 25%-owned subsidiary, ASM Pacific Technology, manufactures back-end tools used to assemble and package semiconductors into their final form.