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BE Semiconductor Industries NV (XAMS:BESI) Cyclically Adjusted FCF per Share : €2.12 (As of Mar. 2024)


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What is BE Semiconductor Industries 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.

BE Semiconductor Industries NV's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.608. 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 €2.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BE Semiconductor Industries NV's average Cyclically Adjusted FCF Growth Rate was 12.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 42.20% 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 BE Semiconductor Industries NV was 141.00% per year. The lowest was 20.40% per year. And the median was 29.90% per year.

As of today (2024-05-22), BE Semiconductor Industries NV's current stock price is €137.75. BE Semiconductor Industries NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.12. BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF of today is 64.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BE Semiconductor Industries NV was 452.00. The lowest was 22.24. And the median was 46.72.


BE Semiconductor Industries NV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BE Semiconductor Industries 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.

BE Semiconductor Industries NV Cyclically Adjusted FCF per Share Chart

BE Semiconductor Industries 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 0.92 1.10 1.41 1.80 2.03

BE Semiconductor Industries 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 1.88 1.92 2.01 2.03 2.12

Competitive Comparison of BE Semiconductor Industries NV's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, BE Semiconductor Industries 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.


BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF falls into.



BE Semiconductor Industries 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, BE Semiconductor Industries 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)
=0.608/128.5800*128.5800
=0.608

Current CPI (Mar. 2024) = 128.5800.

BE Semiconductor Industries NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.013 99.240 0.017
201409 0.303 99.960 0.390
201412 0.413 99.050 0.536
201503 0.164 99.750 0.211
201506 0.205 100.230 0.263
201509 0.234 100.500 0.299
201512 0.392 99.730 0.505
201603 0.226 100.310 0.290
201606 0.176 100.260 0.226
201609 0.357 100.570 0.456
201612 0.376 100.710 0.480
201703 0.191 101.440 0.242
201706 0.339 101.370 0.430
201709 0.497 102.030 0.626
201712 0.893 101.970 1.126
201803 0.594 102.470 0.745
201806 0.018 103.100 0.022
201809 0.732 103.950 0.905
201812 0.615 103.970 0.761
201903 0.529 105.370 0.646
201906 -0.071 105.840 -0.086
201909 0.418 106.700 0.504
201912 0.381 106.800 0.459
202003 0.266 106.850 0.320
202006 0.219 107.510 0.262
202009 0.656 107.880 0.782
202012 0.523 107.850 0.624
202103 0.222 108.870 0.262
202106 0.525 109.670 0.616
202109 1.077 110.790 1.250
202112 1.102 114.010 1.243
202203 0.448 119.460 0.482
202206 0.249 119.050 0.269
202209 1.222 126.890 1.238
202212 0.931 124.940 0.958
202303 0.655 124.720 0.675
202306 0.255 125.830 0.261
202309 0.709 127.160 0.717
202312 0.561 126.450 0.570
202403 0.608 128.580 0.608

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


BE Semiconductor Industries NV  (XAMS:BESI) 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.

BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=137.75/2.12
=64.98

* 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 BE Semiconductor Industries NV was 452.00. The lowest was 22.24. And the median was 46.72.


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.


BE Semiconductor Industries NV Cyclically Adjusted FCF per Share Related Terms

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BE Semiconductor Industries NV (XAMS:BESI) Business Description

Address
Ratio 6, Duiven, NLD, 6921 RW
Besi provides equipment for the semiconductor assembly and packaging market (known as the back-end). Besi is one of the market leaders with a focused portfolio and flexible business operations, which allow it to maintain leading gross and operating margins. Besi's main clients are the world's largest foundries (TSMC, Samsung, and Intel) as well as integrated device manufacturers.

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