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Vishay Intertechnology (Vishay Intertechnology) Cyclically Adjusted FCF per Share : $1.12 (As of Dec. 2023)


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What is Vishay Intertechnology 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.

Vishay Intertechnology's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.999. 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 $1.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Vishay Intertechnology's average Cyclically Adjusted FCF Growth Rate was -5.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 0.90% 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 Vishay Intertechnology was 217.50% per year. The lowest was -4.70% per year. And the median was 3.60% per year.

As of today (2024-04-27), Vishay Intertechnology's current stock price is $22.63. Vishay Intertechnology's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.12. Vishay Intertechnology's Cyclically Adjusted Price-to-FCF of today is 20.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Vishay Intertechnology was 25.97. The lowest was 8.65. And the median was 15.52.


Vishay Intertechnology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Vishay Intertechnology'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.

Vishay Intertechnology Cyclically Adjusted FCF per Share Chart

Vishay Intertechnology 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 1.13 1.02 1.11 1.18 1.12

Vishay Intertechnology 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 1.18 1.25 1.26 1.27 1.12

Competitive Comparison of Vishay Intertechnology's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Vishay Intertechnology'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.


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

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

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



Vishay Intertechnology 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, Vishay Intertechnology'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)
=-0.999/129.4194*129.4194
=-0.999

Current CPI (Dec. 2023) = 129.4194.

Vishay Intertechnology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.070 99.695 0.091
201406 0.228 100.560 0.293
201409 0.391 100.428 0.504
201412 0.220 99.070 0.287
201503 -0.041 99.621 -0.053
201506 0.324 100.684 0.416
201509 0.162 100.392 0.209
201512 0.217 99.792 0.281
201603 0.006 100.470 0.008
201606 0.290 101.688 0.369
201609 0.583 101.861 0.741
201612 0.198 101.863 0.252
201703 0.174 102.862 0.219
201706 0.336 103.349 0.421
201709 0.522 104.136 0.649
201712 0.259 104.011 0.322
201803 0.117 105.290 0.144
201806 -0.362 106.317 -0.441
201809 0.137 106.507 0.166
201812 0.311 105.998 0.380
201903 0.297 107.251 0.358
201906 0.155 108.070 0.186
201909 0.318 108.329 0.380
201912 0.193 108.420 0.230
202003 0.070 108.902 0.083
202006 0.454 108.767 0.540
202009 0.292 109.815 0.344
202012 0.502 109.897 0.591
202103 0.198 111.754 0.229
202106 0.586 114.631 0.662
202109 0.538 115.734 0.602
202112 0.319 117.630 0.351
202203 -0.016 121.301 -0.017
202206 0.103 125.017 0.107
202209 0.927 125.227 0.958
202212 0.094 125.222 0.097
202303 0.597 127.348 0.607
202306 0.253 128.729 0.254
202309 0.396 129.860 0.395
202312 -0.999 129.419 -0.999

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


Vishay Intertechnology  (NYSE:VSH) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.63/1.12
=20.21

* 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 Vishay Intertechnology was 25.97. The lowest was 8.65. And the median was 15.52.


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.


Vishay Intertechnology Cyclically Adjusted FCF per Share Related Terms

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


Vishay Intertechnology (Vishay Intertechnology) Business Description

Traded in Other Exchanges
Address
63 Lancaster Avenue, Malvern, PA, USA, 19355-2143
Vishay Intertechnology Inc provides a broad product portfolio of discrete semiconductors and passive electronic components to original equipment manufacturers and distributors. These products are found in industrial, computing, automotive, consumer, telecommunications, power supplies, military, aerospace, and medical markets and serve customer worldwide. Its product segments consist of two general classes: semiconductors and passive components. The company's operating segment includes metal oxide semiconductor field-effect transistors, diodes, optoelectronic components, resistors, inductors, and capacitors. Revenue mainly comes from resistors, which are basic components used in all forms of electronic circuitry to adjust and regulate levels of voltage and current.
Executives
Marc Zandman director, officer: ExecChairman & Chief Bus Dev C/O VISHAY INTERTECHNOLOGY, INC., 63 LINCOLN HIGHWAY, MALVERN PA 19355
Abraham Ludomirski director SUITE 190, 7 GREAT VALLEY PARKWAY, MALVERN PA 19355
Joel Smejkal director, officer: President and CEO 63 LANCASTER AVE, MALVERN PA 19355
Roy Shoshani officer: EVP & Chief Technical Officer 63 LANCASTER AVE, MALVERN PA 19355
Peter Henrici officer: EVP - Corporate Development 63 LANCASTER AVE, MALVERN PA 19355
Lori Lipcaman officer: EVP & Chief Financial Officer C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVENUE, MALVERN PA 19355
Jeffrey Allen Webster officer: EVP & Chief Operating Officer 63 LANCASTER AVE, MALVERN PA 19355
Andreas Randebrock officer: EVP - Global Human Resources 63 LANCASTER AVE, MALVERN PA 19355
Gerald Paul director, officer: President and CEO
Raanan Zilberman director 63 LANCASTER AVE, MALVERN PA 19355
Michiko Kurahashi director 63 LANCASTER AVE, MALVERN PA 19355
Renee B Booth director C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVE, MALVERN PA 19355
Ziv Shoshani director, officer: Exec. VP and COO C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVE, MALVERN PA 19355
Ruta Zandman director
Michael J Cody director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748