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STMicroelectronics NV (STMicroelectronics NV) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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What is STMicroelectronics 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.

STMicroelectronics NV's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.912. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, STMicroelectronics NV's average Cyclically Adjusted FCF Growth Rate was 28.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 44.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 31.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.70% 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 STMicroelectronics NV was 44.20% per year. The lowest was -23.70% per year. And the median was 6.10% per year.

As of today (2024-04-30), STMicroelectronics NV's current stock price is $41.18. STMicroelectronics NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. STMicroelectronics NV's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of STMicroelectronics NV was 179.26. The lowest was 13.43. And the median was 67.92.


STMicroelectronics NV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for STMicroelectronics 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.

STMicroelectronics NV Cyclically Adjusted FCF per Share Chart

STMicroelectronics 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 0.27 0.29 0.44 0.60 0.80

STMicroelectronics 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 0.64 0.68 0.73 0.80 -

Competitive Comparison of STMicroelectronics NV's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, STMicroelectronics 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.


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

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

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



STMicroelectronics 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, STMicroelectronics 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)
=0.912/106.4611*106.4611
=0.912

Current CPI (Mar. 2024) = 106.4611.

STMicroelectronics NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.317 101.517 -0.332
201409 0.356 101.247 0.374
201412 0.220 100.704 0.233
201503 0.062 100.339 0.066
201506 -0.132 100.464 -0.140
201509 0.248 99.785 0.265
201512 0.142 99.386 0.152
201603 0.034 99.475 0.036
201606 -0.096 100.088 -0.102
201609 0.351 99.604 0.375
201612 0.151 99.380 0.162
201703 0.063 100.040 0.067
201706 -0.093 100.285 -0.099
201709 0.075 100.254 0.080
201712 0.157 100.213 0.167
201803 0.104 100.836 0.110
201806 -0.033 101.435 -0.035
201809 0.144 101.246 0.151
201812 0.401 100.906 0.423
201903 0.010 101.571 0.010
201906 -0.053 102.044 -0.055
201909 0.189 101.396 0.198
201912 0.563 101.063 0.593
202003 0.122 101.048 0.129
202006 -0.101 100.743 -0.107
202009 0.072 100.585 0.076
202012 0.557 100.241 0.592
202103 0.278 100.800 0.294
202106 0.177 101.352 0.186
202109 0.496 101.533 0.520
202112 0.329 101.776 0.344
202203 0.086 103.205 0.089
202206 0.262 104.783 0.266
202209 0.736 104.835 0.747
202212 0.621 104.666 0.632
202303 0.217 106.245 0.217
202306 0.186 106.576 0.186
202309 0.741 106.570 0.740
202312 0.399 106.461 0.399
202403 0.912 106.461 0.912

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


STMicroelectronics NV  (NYSE:STM) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of STMicroelectronics NV was 179.26. The lowest was 13.43. And the median was 67.92.


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.


STMicroelectronics NV Cyclically Adjusted FCF per Share Related Terms

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


STMicroelectronics NV (STMicroelectronics NV) Business Description

Industry
Address
39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, CHE, 1228
A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconductors in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It is an especially prominent chip supplier to the industrial and automotive industries.