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Super Micro Computer (Super Micro Computer) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Super Micro Computer Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Super Micro Computer Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Super Micro Computer'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.

Super Micro Computer Cyclically Adjusted Price-to-FCF Chart

Super Micro Computer Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.80 623.38 162.11 - 604.18

Super Micro Computer 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 711.50 243.91 604.18 327.89 -

Competitive Comparison of Super Micro Computer's Cyclically Adjusted Price-to-FCF

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 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.

Super Micro Computer's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Super Micro Computer'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)
=-10.5/129.4194*129.4194
=-10.500

Current CPI (Dec. 2023) = 129.4194.

Super Micro Computer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.184 99.695 -0.239
201406 -0.201 100.560 -0.259
201409 0.489 100.428 0.630
201412 -0.861 99.070 -1.125
201503 0.080 99.621 0.104
201506 -1.387 100.684 -1.783
201509 0.263 100.392 0.339
201512 1.143 99.792 1.482
201603 -0.063 100.470 -0.081
201606 0.092 101.688 0.117
201609 -0.440 101.861 -0.559
201612 -0.972 101.863 -1.235
201703 -0.793 102.862 -0.998
201706 -0.227 103.349 -0.284
201709 0.131 104.136 0.163
201712 -0.056 104.011 -0.070
201803 -0.026 105.290 -0.032
201806 1.085 106.317 1.321
201809 0.661 106.507 0.803
201812 0.734 105.998 0.896
201903 1.806 107.251 2.179
201906 1.395 108.070 1.671
201909 -0.150 108.329 -0.179
201912 1.362 108.420 1.626
202003 -0.600 108.902 -0.713
202006 -1.948 108.767 -2.318
202009 1.997 109.815 2.354
202012 0.925 109.897 1.089
202103 -2.696 111.754 -3.122
202106 0.950 114.631 1.073
202109 -2.747 115.734 -3.072
202112 -1.225 117.630 -1.348
202203 -4.441 121.301 -4.738
202206 -0.667 125.017 -0.690
202209 5.504 125.227 5.688
202212 2.693 125.222 2.783
202303 3.383 127.348 3.438
202306 -0.310 128.729 -0.312
202309 4.684 129.860 4.668
202312 -10.500 129.419 -10.500

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.


Super Micro Computer  (NAS:SMCI) 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.


Super Micro Computer Cyclically Adjusted Price-to-FCF Related Terms

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Super Micro Computer (Super Micro Computer) 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.
Executives
Daniel W Fairfax director 1421 MCCARTHY BLVD., MILPITAS CA 95035
Robert L Blair director 48401 FREMONT BLVD, FREMONT CA 94538
Liu Liang Chiu-chu Sara director, 10 percent owner, officer: Senior VP and Treasurer 980 ROCK AVE, SAN JOSE CA 95131
Charles Liang director, 10 percent owner, officer: President and CEO SUPER MICRO COMPUTER, INC., 980 ROCK AVE, SAN JOSE CA 95131
Sherman Tuan director C/O ABOVENET COMMUNICATIONS INC, 50 W SAN FERNANDO STREET, SAN JOSE CA 95113
David E Weigand officer: SVP, CHIEF COMPLIANCE OFFICER 980 ROCK AVENUE, SAN JOSE CA 95131
George Kao officer: SVP, OPERATIONS 980 ROCK AVENUE, SAN JOSE CA 95131
Shiu Leung Chan director 48401 FREMONT BLVD, FREMONT CA 94538
Don W Clegg officer: SVP, Worldwide Sales 980 ROCK AVENUE, SAN JOSE CA 95131
Judy L. Lin director 980 ROCK AVENUE, SAN JOSE CA 95131
Tally C Liu director 50 W SAN FERNANDO ST 15TH FLR, SAN JOSE CA 95113
Hwei-ming Fred Tsai director 980 ROCK AVE, SAN JOSE CA 95131
Kevin S Bauer officer: Chief Financial Officer 980 ROCK AVE., SAN JOSE CA 95131
Cheng-hsien Phidias Chou officer: VP Worldwide Sales 980 ROCK AVENUE, SAN JOSE CA 95131
Howard Hideshima officer: Chief Financial Officer 980 ROCK AVENUE, SAN JOSE CA 95131