GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Synaptics Inc (NAS:SYNA) » Definitions » Cyclically Adjusted FCF per Share

Synaptics (Synaptics) Cyclically Adjusted FCF per Share : $5.78 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Synaptics 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.

Synaptics's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.735. 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 $5.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Synaptics's average Cyclically Adjusted FCF Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.90% 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 Synaptics was 18.80% per year. The lowest was 6.40% per year. And the median was 13.25% per year.

As of today (2024-04-27), Synaptics's current stock price is $89.26. Synaptics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.78. Synaptics's Cyclically Adjusted Price-to-FCF of today is 15.44.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Synaptics was 63.29. The lowest was 8.04. And the median was 21.08.


Synaptics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Synaptics'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.

Synaptics Cyclically Adjusted FCF per Share Chart

Synaptics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 3.67 4.38 5.45 6.16

Synaptics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.65 5.92 6.16 5.91 5.78

Competitive Comparison of Synaptics's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Synaptics'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.


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

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

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



Synaptics 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, Synaptics's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.735/129.4194*129.4194
=0.735

Current CPI (Dec. 2023) = 129.4194.

Synaptics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.276 99.695 -0.358
201406 0.879 100.560 1.131
201409 1.041 100.428 1.342
201412 -0.804 99.070 -1.050
201503 3.158 99.621 4.103
201506 0.523 100.684 0.672
201509 -0.052 100.392 -0.067
201512 2.369 99.792 3.072
201603 0.839 100.470 1.081
201606 2.774 101.688 3.530
201609 -0.160 101.861 -0.203
201612 0.613 101.863 0.779
201703 1.308 102.862 1.646
201706 1.187 103.349 1.486
201709 0.848 104.136 1.054
201712 1.396 104.011 1.737
201803 0.751 105.290 0.923
201806 0.037 106.317 0.045
201809 -0.061 106.507 -0.074
201812 1.553 105.998 1.896
201903 1.166 107.251 1.407
201906 1.090 108.070 1.305
201909 1.185 108.329 1.416
201912 2.020 108.420 2.411
202003 1.280 108.902 1.521
202006 1.370 108.767 1.630
202009 0.076 109.815 0.090
202012 1.729 109.897 2.036
202103 3.404 111.754 3.942
202106 2.440 114.631 2.755
202109 1.320 115.734 1.476
202112 2.799 117.630 3.080
202203 2.801 121.301 2.988
202206 2.951 125.017 3.055
202209 1.776 125.227 1.835
202212 0.995 125.222 1.028
202303 2.376 127.348 2.415
202306 2.238 128.729 2.250
202309 -2.353 129.860 -2.345
202312 0.735 129.419 0.735

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


Synaptics  (NAS:SYNA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=89.26/5.78
=15.44

* 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 Synaptics was 63.29. The lowest was 8.04. And the median was 21.08.


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.


Synaptics Cyclically Adjusted FCF per Share Related Terms

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


Synaptics (Synaptics) Business Description

Industry
Traded in Other Exchanges
Address
1109 McKay Drive, San Jose, CA, USA, 95131
Synaptics Inc is a global producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. Geographically, it derives a majority of revenue from China. The company operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.
Executives
Vikram Gupta officer: See Remarks 1109 MCKAY DRIVE, SAN JOSE CA 95131
John Mcfarland officer: SVP and General Counsel 1251 MCKAY DR., SAN JOSE CA 95131
Dean Warren Butler officer: See Remarks C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Saleel Awsare officer: See Remarks C/O SIGMA DESIGN, INC., 47467 FREMONT BLVD., FREMONT CA 94538
Michael E. Hurlston director, officer: See remarks below 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kiva A. Allgood director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
James L Whims director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Kermit Nolan officer: See Remarks 1251 MCKAY DRIVE, SAN JOSE CA 95131
Jeffrey D Buchanan director C/O SMITH & WESSON, 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Patricia Lorraine Kummrow director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Craig Browning Stein officer: Please see remarks C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Nelson C Chan director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Susan J Hardman director 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Richard L Sanquini director 14087 LOMA RIO DR, SARATOGA CA 95070