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SolarEdge Technologies (SolarEdge Technologies) Cyclically Adjusted FCF per Share : $0.09 (As of Mar. 2024)


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What is SolarEdge Technologies 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.

SolarEdge Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-4.259. 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 $0.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SolarEdge Technologies's average Cyclically Adjusted FCF Growth Rate was -92.00% 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.

As of today (2024-05-14), SolarEdge Technologies's current stock price is $52.21. SolarEdge Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.09. SolarEdge Technologies's Cyclically Adjusted Price-to-FCF of today is 580.11.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of SolarEdge Technologies was 741.00. The lowest was 85.71. And the median was 173.59.


SolarEdge Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SolarEdge Technologies'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.

SolarEdge Technologies Cyclically Adjusted FCF per Share Chart

SolarEdge Technologies Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.49

SolarEdge Technologies 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 1.13 0.86 0.83 0.49 0.09

Competitive Comparison of SolarEdge Technologies's Cyclically Adjusted FCF per Share

For the Solar subindustry, SolarEdge Technologies'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.


SolarEdge Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



SolarEdge Technologies 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, SolarEdge Technologies'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)
=-4.259/129.4194*129.4194
=-4.259

Current CPI (Mar. 2024) = 129.4194.

SolarEdge Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.180 100.560 -0.232
201409 -0.040 100.428 -0.052
201412 0.198 99.070 0.259
201503 -2.559 99.621 -3.324
201506 0.310 100.684 0.398
201509 0.042 100.392 0.054
201512 0.245 99.792 0.318
201603 0.212 100.470 0.273
201606 0.315 101.688 0.401
201609 0.467 101.861 0.593
201612 0.384 101.863 0.488
201703 0.543 102.862 0.683
201706 0.577 103.349 0.723
201709 0.606 104.136 0.753
201712 0.803 104.011 0.999
201803 1.104 105.290 1.357
201806 0.701 106.317 0.853
201809 0.532 106.507 0.646
201812 0.804 105.998 0.982
201903 0.935 107.251 1.128
201906 0.784 108.070 0.939
201909 1.004 108.329 1.199
201912 0.984 108.420 1.175
202003 1.547 108.902 1.838
202006 0.622 108.767 0.740
202009 -0.159 109.815 -0.187
202012 -0.169 109.897 -0.199
202103 -0.008 111.754 -0.009
202106 -0.036 114.631 -0.041
202109 0.589 115.734 0.659
202112 0.615 117.630 0.677
202203 -3.662 121.301 -3.907
202206 0.491 125.017 0.508
202209 -0.471 125.227 -0.487
202212 1.141 125.222 1.179
202303 -0.514 127.348 -0.522
202306 -2.441 128.729 -2.454
202309 -0.105 129.860 -0.105
202312 -3.169 129.419 -3.169
202403 -4.259 129.419 -4.259

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


SolarEdge Technologies  (NAS:SEDG) 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.

SolarEdge Technologies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=52.21/0.09
=580.11

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of SolarEdge Technologies was 741.00. The lowest was 85.71. And the median was 173.59.


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.


SolarEdge Technologies Cyclically Adjusted FCF per Share Related Terms

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


SolarEdge Technologies (SolarEdge Technologies) Business Description

Address
1 HaMada Street, Post Box 12001, Herziliya Pituach, ISR, 4673335
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.
Executives
Marcel Gani director 142 ALMENDRAL AVE, ATHERTON CA 94027
More Avery director 5930 ROYAL LANE SUITE E-120, DALLAS TX 75230
Ronen Faier officer: Chief Financial Officer MARVA 11, HERZLIA L3 46417
Dana Rebecca Gross director C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Meir Adest officer: VP, Core Technologies 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Uri Bechor officer: Chief Operating Officer 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Zvi Lando officer: Vice President, Global Sales 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Rachel Prishkolnik officer: VP, GC and Corporate Secretary 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Dirk Hoke director 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Doron Inbar director C/O CARMEL VENTURES, 12 ABBA EBAN AVENUE, HERZELIYA L3 46725
Yoav Galin officer: VP, Research and Development 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Tal Payne director 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Betsy S Atkins director
Jonathan Cheifetz director 9 EIN YAKOV ST., TEL AVIV L3 65155
Lior Handelsman officer: VP, Marktng and Prod Strategy 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335

SolarEdge Technologies (SolarEdge Technologies) Headlines

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