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Super Micro Computer (FRA:MS5) Cyclically Adjusted FCF per Share : €-2.50 (As of Mar. 2024)


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What is Super Micro Computer 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.

Super Micro Computer's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-24.149. 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 €-2.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Super Micro Computer's average Cyclically Adjusted FCF Growth Rate was -718.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 101.70% 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 Super Micro Computer was 101.70% per year. The lowest was -63.00% per year. And the median was -2.40% per year.

As of today (2024-05-15), Super Micro Computer's current stock price is €761.60. Super Micro Computer's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-2.50. Super Micro Computer's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Super Micro Computer was 923.58. The lowest was 84.40. And the median was 274.29.


Super Micro Computer Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Super Micro Computer'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.

Super Micro Computer Cyclically Adjusted FCF per Share Chart

Super Micro Computer 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 - 0.04 0.19 -0.67 0.38

Super Micro Computer 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 0.41 0.38 0.80 -0.11 -2.50

Competitive Comparison of Super Micro Computer's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Super Micro Computer'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.


Super Micro Computer's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Super Micro Computer's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Super Micro Computer 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, Super Micro Computer'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)
=-24.149/129.4194*129.4194
=-24.149

Current CPI (Mar. 2024) = 129.4194.

Super Micro Computer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.148 100.560 -0.190
201409 0.379 100.428 0.488
201412 -0.698 99.070 -0.912
201503 0.074 99.621 0.096
201506 -1.236 100.684 -1.589
201509 0.234 100.392 0.302
201512 1.050 99.792 1.362
201603 -0.057 100.470 -0.073
201606 0.082 101.688 0.104
201609 -0.392 101.861 -0.498
201612 -0.922 101.863 -1.171
201703 -0.742 102.862 -0.934
201706 -0.202 103.349 -0.253
201709 0.110 104.136 0.137
201712 -0.047 104.011 -0.058
201803 -0.021 105.290 -0.026
201806 0.929 106.317 1.131
201809 0.566 106.507 0.688
201812 0.645 105.998 0.788
201903 1.598 107.251 1.928
201906 1.234 108.070 1.478
201909 -0.136 108.329 -0.162
201912 1.226 108.420 1.463
202003 -0.543 108.902 -0.645
202006 -1.730 108.767 -2.058
202009 1.696 109.815 1.999
202012 0.760 109.897 0.895
202103 -2.265 111.754 -2.623
202106 0.789 114.631 0.891
202109 -2.335 115.734 -2.611
202112 -1.084 117.630 -1.193
202203 -4.033 121.301 -4.303
202206 -0.631 125.017 -0.653
202209 5.560 125.227 5.746
202212 2.542 125.222 2.627
202303 3.160 127.348 3.211
202306 -0.286 128.729 -0.288
202309 4.389 129.860 4.374
202312 -9.628 129.419 -9.628
202403 -24.149 129.419 -24.149

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


Super Micro Computer  (FRA:MS5) 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 Super Micro Computer was 923.58. The lowest was 84.40. And the median was 274.29.


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.


Super Micro Computer Cyclically Adjusted FCF per Share Related Terms

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


Super Micro Computer (FRA:MS5) Business Description

Industry
Traded in Other Exchanges
Address
980 Rock Avenue, San Jose, CA, USA, 95131
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.

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