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Littelfuse (Littelfuse) Cyclically Adjusted FCF per Share : $10.38 (As of Dec. 2023)


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What is Littelfuse 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.

Littelfuse's adjusted free cash flow per share for the three months ended in Dec. 2023 was $4.828. 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 $10.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Littelfuse's average Cyclically Adjusted FCF Growth Rate was 14.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.50% 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 Littelfuse was 21.70% per year. The lowest was 1.40% per year. And the median was 13.90% per year.

As of today (2024-04-27), Littelfuse's current stock price is $231.64. Littelfuse's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $10.38. Littelfuse's Cyclically Adjusted Price-to-FCF of today is 22.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Littelfuse was 51.14. The lowest was 17.89. And the median was 34.90.


Littelfuse Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Littelfuse'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.

Littelfuse Cyclically Adjusted FCF per Share Chart

Littelfuse 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 6.32 6.79 7.85 9.08 10.38

Littelfuse 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 9.08 9.28 9.63 10.06 10.38

Competitive Comparison of Littelfuse's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Littelfuse'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.


Littelfuse's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Littelfuse 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, Littelfuse'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)
=4.828/129.4194*129.4194
=4.828

Current CPI (Dec. 2023) = 129.4194.

Littelfuse Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.224 99.695 0.291
201406 1.068 100.560 1.375
201409 2.425 100.428 3.125
201412 1.603 99.070 2.094
201503 0.481 99.621 0.625
201506 1.078 100.684 1.386
201509 1.894 100.392 2.442
201512 1.916 99.792 2.485
201603 0.016 100.470 0.021
201606 0.649 101.688 0.826
201609 2.219 101.861 2.819
201612 2.989 101.863 3.798
201703 0.460 102.862 0.579
201706 2.377 103.349 2.977
201709 2.943 104.136 3.658
201712 3.060 104.011 3.808
201803 2.073 105.290 2.548
201806 1.939 106.317 2.360
201809 3.752 106.507 4.559
201812 2.407 105.998 2.939
201903 0.673 107.251 0.812
201906 1.521 108.070 1.821
201909 2.740 108.329 3.273
201912 2.479 108.420 2.959
202003 1.167 108.902 1.387
202006 1.773 108.767 2.110
202009 2.072 109.815 2.442
202012 3.195 109.897 3.763
202103 1.424 111.754 1.649
202106 2.339 114.631 2.641
202109 3.589 115.734 4.013
202112 3.983 117.630 4.382
202203 0.878 121.301 0.937
202206 3.492 125.017 3.615
202209 5.062 125.227 5.231
202212 3.190 125.222 3.297
202303 1.107 127.348 1.125
202306 3.283 128.729 3.301
202309 5.562 129.860 5.543
202312 4.828 129.419 4.828

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


Littelfuse  (NAS:LFUS) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=231.64/10.38
=22.32

* 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 Littelfuse was 51.14. The lowest was 17.89. And the median was 34.90.


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.


Littelfuse Cyclically Adjusted FCF per Share Related Terms

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


Littelfuse (Littelfuse) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Littelfuse Inc (NAS:LFUS) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
8755 West Higgins Road, Suite 500, Chicago, IL, USA, 60631
Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.
Executives
Deepak Nayar officer: SVP & GM Electronics Business 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Matthew Cole officer: SVP eMobility & Corp Strategy 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Gayla J Delly director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Gregory N. Henderson director C/O HITTITE MICROWAVE CORPORATION, 2 ELIZABETH DRIVE, CHELMSFORD MA 01824
T J Chung director C/O BRUNSWICK CORP, 1 N FIELD COURT, LAKE FOREST IL 60045
Maggie Chu officer: SVP, CHRO 8755 W HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Kristina A. Cerniglia director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Cary T Fu director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Anthony Grillo director PLEASANTVILLE RD, NEW VERNON NJ 07976
William P Noglows director C/O CABOT MICROELECTRONICS CORP, 870 N. COMMONS DR, AURORA IL 60504
Maria C Green director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Gordon Hunter director 25950 ELENA RD, LOS ALTOS HILLS CA 94022
Jeffrey G Gorski officer: VP & Chief Accounting Officer C/O RR DONNELLEY $ SONS COMPANY, 35 W. WACKER DRIVE, CHICAGO IL 60601
Ryan K Stafford officer: EVP, CLO & Corp Secretary 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Meenal Sethna officer: Executive VP, CFO 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631

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