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SolarEdge Technologies (LTS:0L7S) Cyclically Adjusted Price-to-FCF : 520.20 (As of May. 23, 2024)


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What is SolarEdge Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), SolarEdge Technologies's current share price is $52.02. SolarEdge Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.10. SolarEdge Technologies's Cyclically Adjusted Price-to-FCF for today is 520.20.

The historical rank and industry rank for SolarEdge Technologies's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0L7S' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 85.71   Med: 188.02   Max: 666.9
Current: 544.7

During the past years, SolarEdge Technologies's highest Cyclically Adjusted Price-to-FCF was 666.90. The lowest was 85.71. And the median was 188.02.

LTS:0L7S's Cyclically Adjusted Price-to-FCF is ranked worse than
97.85% of 325 companies
in the Semiconductors industry
Industry Median: 40.27 vs LTS:0L7S: 544.70

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 adjusted free cash flow per share data 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 10 will get our Cyclically Adjusted FCF per Share, which is $0.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SolarEdge Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SolarEdge Technologies'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.

* Premium members only.

SolarEdge Technologies Cyclically Adjusted Price-to-FCF Chart

SolarEdge Technologies Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 191.05

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 Price-to-FCF 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 268.87 314.42 155.98 191.05 731.83

Competitive Comparison of SolarEdge Technologies's Cyclically Adjusted Price-to-FCF

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 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=52.02/0.1
=520.20

* 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.

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

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)
=-4.259/131.7762*131.7762
=-4.259

Current CPI (Mar. 2024) = 131.7762.

SolarEdge Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.180 100.560 -0.236
201409 -0.040 100.428 -0.052
201412 0.198 99.070 0.263
201503 -2.559 99.621 -3.385
201506 0.310 100.684 0.406
201509 0.042 100.392 0.055
201512 0.245 99.792 0.324
201603 0.212 100.470 0.278
201606 0.315 101.688 0.408
201609 0.467 101.861 0.604
201612 0.384 101.863 0.497
201703 0.543 102.862 0.696
201706 0.577 103.349 0.736
201709 0.606 104.136 0.767
201712 0.803 104.011 1.017
201803 1.104 105.290 1.382
201806 0.701 106.317 0.869
201809 0.532 106.507 0.658
201812 0.804 105.998 1.000
201903 0.935 107.251 1.149
201906 0.784 108.070 0.956
201909 1.004 108.329 1.221
201912 0.984 108.420 1.196
202003 1.547 108.902 1.872
202006 0.622 108.767 0.754
202009 -0.159 109.815 -0.191
202012 -0.169 109.897 -0.203
202103 -0.008 111.754 -0.009
202106 -0.036 114.631 -0.041
202109 0.589 115.734 0.671
202112 0.615 117.630 0.689
202203 -3.662 121.301 -3.978
202206 0.491 125.017 0.518
202209 -0.471 125.227 -0.496
202212 1.141 125.222 1.201
202303 -0.514 127.348 -0.532
202306 -2.441 128.729 -2.499
202309 -0.105 129.860 -0.107
202312 -3.169 129.419 -3.227
202403 -4.259 131.776 -4.259

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.


SolarEdge Technologies  (LTS:0L7S) 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.


SolarEdge Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


SolarEdge Technologies (LTS:0L7S) Business Description

Traded in Other Exchanges
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.

SolarEdge Technologies (LTS:0L7S) Headlines

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