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Vishay Intertechnology (Vishay Intertechnology) Cyclically Adjusted Price-to-FCF : 20.21 (As of Apr. 27, 2024)


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What is Vishay Intertechnology Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Vishay Intertechnology's current share 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 for today is 20.21.

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

VSH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.65   Med: 15.52   Max: 25.97
Current: 19.7

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

VSH's Cyclically Adjusted Price-to-FCF is ranked better than
75.73% of 342 companies
in the Semiconductors industry
Industry Median: 35.235 vs VSH: 19.70

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.

Vishay Intertechnology's adjusted free cash flow per share data 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 10 will get our Cyclically Adjusted FCF per Share, which is $1.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vishay Intertechnology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vishay Intertechnology'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.

Vishay Intertechnology Cyclically Adjusted Price-to-FCF Chart

Vishay Intertechnology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.91 20.28 19.71 18.33 21.37

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 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 18.33 18.04 23.43 19.46 21.37

Competitive Comparison of Vishay Intertechnology's Cyclically Adjusted Price-to-FCF

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 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.

Vishay Intertechnology's Cyclically Adjusted Price-to-FCF for 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.

Vishay Intertechnology's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Vishay Intertechnology  (NYSE:VSH) 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.


Vishay Intertechnology Cyclically Adjusted Price-to-FCF Related Terms

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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