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Advanced Energy Industries (Advanced Energy Industries) Cyclically Adjusted Price-to-FCF : 27.50 (As of Apr. 27, 2024)


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What is Advanced Energy Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Advanced Energy Industries's current share price is $95.96. Advanced Energy Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.49. Advanced Energy Industries's Cyclically Adjusted Price-to-FCF for today is 27.50.

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

AEIS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.89   Med: 30.27   Max: 60.81
Current: 27.48

During the past years, Advanced Energy Industries's highest Cyclically Adjusted Price-to-FCF was 60.81. The lowest was 16.89. And the median was 30.27.

AEIS's Cyclically Adjusted Price-to-FCF is ranked better than
57.38% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs AEIS: 27.48

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.

Advanced Energy Industries's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.862. 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 $3.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Energy Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Advanced Energy Industries'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.

Advanced Energy Industries Cyclically Adjusted Price-to-FCF Chart

Advanced Energy Industries 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 35.14 39.02 31.35 27.71 31.19

Advanced Energy Industries 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 27.71 30.75 34.01 29.85 31.19

Competitive Comparison of Advanced Energy Industries's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Advanced Energy Industries'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.


Advanced Energy Industries's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advanced Energy Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Advanced Energy Industries 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.

Advanced Energy Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=95.96/3.49
=27.50

* 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.

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

For example, Advanced Energy Industries'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)
=1.862/129.4194*129.4194
=1.862

Current CPI (Dec. 2023) = 129.4194.

Advanced Energy Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.125 99.695 0.162
201406 0.933 100.560 1.201
201409 0.219 100.428 0.282
201412 0.519 99.070 0.678
201503 0.687 99.621 0.892
201506 0.580 100.684 0.746
201509 0.405 100.392 0.522
201512 0.764 99.792 0.991
201603 0.262 100.470 0.337
201606 0.754 101.688 0.960
201609 0.824 101.861 1.047
201612 0.970 101.863 1.232
201703 0.966 102.862 1.215
201706 1.441 103.349 1.804
201709 0.761 104.136 0.946
201712 1.155 104.011 1.437
201803 0.730 105.290 0.897
201806 1.183 106.317 1.440
201809 0.544 106.507 0.661
201812 0.870 105.998 1.062
201903 0.078 107.251 0.094
201906 0.118 108.070 0.141
201909 0.154 108.329 0.184
201912 0.251 108.420 0.300
202003 0.580 108.902 0.689
202006 0.811 108.767 0.965
202009 1.442 109.815 1.699
202012 1.442 109.897 1.698
202103 1.173 111.754 1.358
202106 0.731 114.631 0.825
202109 0.292 115.734 0.327
202112 0.706 117.630 0.777
202203 -0.086 121.301 -0.092
202206 0.673 125.017 0.697
202209 1.363 125.227 1.409
202212 1.361 125.222 1.407
202303 0.360 127.348 0.366
202306 0.137 128.729 0.138
202309 1.568 129.860 1.563
202312 1.862 129.419 1.862

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.


Advanced Energy Industries  (NAS:AEIS) 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.


Advanced Energy Industries Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Advanced Energy Industries's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Advanced Energy Industries (Advanced Energy Industries) Business Description

Traded in Other Exchanges
Address
1595 Wynkoop Street, Suite 800, Denver, CO, USA, 80202
Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.
Executives
Anne Delsanto director 1133 INNOVATION WAY, SUNNYVALE CA 94089
Ronald C Foster director 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Paul R Oldham officer: EVP, CFO 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Lanesha Minnix director TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
John Donaghey officer: EVP, Global Sales 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Brian Shirley director 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Elizabeth Karpinski Vonne officer: EVP, General Counsel 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Eduardo Bernal Acebedo officer: EVP and COO 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Reed David director 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Stephen Douglas Kelley officer: President and CEO 1900 S. PRICE ROAD, CHANDLER AZ 85286
Yuval Wasserman officer: EVP, Sales, Service & Mktg 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Dana Edward Huth officer: CHIEF REVENUE OFFICER 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Thomas O Mcgimpsey officer: EVP Gen Counsel & Corp Sec 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Neil David Brinker officer: EVP, COO 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525