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SemiLEDs (SemiLEDs) Cyclically Adjusted Price-to-FCF : (As of Jun. 03, 2024)


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What is SemiLEDs Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


SemiLEDs Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SemiLEDs'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.

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SemiLEDs Cyclically Adjusted Price-to-FCF Chart

SemiLEDs Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
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SemiLEDs Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of SemiLEDs's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, SemiLEDs'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.


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

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

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



SemiLEDs 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.

SemiLEDs's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, SemiLEDs's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.127/130.9299*130.9299
=-0.127

Current CPI (Feb. 2024) = 130.9299.

SemiLEDs Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -1.681 100.373 -2.193
201408 -0.963 100.352 -1.256
201411 -1.156 99.635 -1.519
201502 -0.630 99.032 -0.833
201505 -0.063 100.333 -0.082
201508 -0.304 100.548 -0.396
201511 -0.318 100.135 -0.416
201602 -0.401 100.040 -0.525
201605 -0.523 101.355 -0.676
201608 -0.231 101.617 -0.298
201611 -0.338 101.829 -0.435
201702 -0.189 102.779 -0.241
201705 -0.260 103.256 -0.330
201708 0.139 103.587 0.176
201711 -0.043 104.072 -0.054
201802 0.052 105.052 0.065
201805 -0.156 106.148 -0.192
201808 -0.280 106.383 -0.345
201811 -0.363 106.338 -0.447
201902 -0.210 106.649 -0.258
201905 -0.252 108.048 -0.305
201908 -0.202 108.245 -0.244
201911 -0.106 108.519 -0.128
202002 0.005 109.139 0.006
202005 -0.178 108.175 -0.215
202008 -0.062 109.662 -0.074
202011 0.010 109.793 0.012
202102 -0.192 110.968 -0.227
202105 -0.053 113.576 -0.061
202108 -0.199 115.421 -0.226
202111 -0.143 117.269 -0.160
202202 -0.100 119.703 -0.109
202205 -0.190 123.323 -0.202
202208 0.031 124.958 0.032
202211 0.069 125.607 0.072
202302 -0.105 126.928 -0.108
202305 -0.142 128.314 -0.145
202308 -0.069 129.538 -0.070
202311 -0.029 129.548 -0.029
202402 -0.127 130.930 -0.127

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.


SemiLEDs  (NAS:LEDS) 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.


SemiLEDs Cyclically Adjusted Price-to-FCF Related Terms

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


SemiLEDs (SemiLEDs) Business Description

Industry
Traded in Other Exchanges
Address
3rd Floor, No.11 Ke Jung Road, Chu-Nan Site. Chu-Nan 350, Hsinchu Science Park, Miao-Li County, Miao-Li, TWN, 350
SemiLEDs Corp develops, manufacture, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, that includes street lights and commercial, industrial, system and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from the United States.
Executives
Hsin-liang Christopher Lee officer: Chief Financial Officer 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO LI COUNTY, CHU-HAN F5 F5 350
Scott R. Simplot director, 10 percent owner 999 MAIN STREET, SUITE 1300, BOISE ID 83702
J.r. Simplot Co 10 percent owner 999 MAIN STREET, SUITE 1300, BOISE ID 83702
Semileds Corp officer: CFO 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Roger Lee director C/O SEMILEDS CORPORATION, 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, TAIWAN F5 00000
Well Thrive Ltd 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Sheng-chun Chang 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Peter Chiou director C/O SEMILEDS CORPORATION, 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, MIAO-LI COUNTY CA 350
Walter Michael Gough director C/O SEMILEDS CORPORATION, 3F, NO.11 KE JUNG RD., CHU-NAN SITE, MIAO-LI COUNTY F5 00000
Del Prado Arthur H director 10 JAN VAN EYCKLAAN, BILTHOVEN P7 3723 BC
Anh Chuong Tran director, 10 percent owner, officer: President and COO 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Chen-hao Timothy Lin officer: Chief Financial Officer 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Ilkan Cokgor officer: Exec VP of Sales & Marketing 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Hsieh Edward Kuan Hsiung director 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTI, CHU-NAN F5 350
Yingku (adam) Lin officer: VP Bus. Dev. & General Counsel 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350