GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASM International NV (OTCPK:ASMIY) » Definitions » Cyclically Adjusted FCF per Share

ASMIY (ASM International NV) Cyclically Adjusted FCF per Share : $5.85 (As of Mar. 2025)


View and export this data going back to 2015. Start your Free Trial

What is ASM International NV 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.

ASM International NV's adjusted free cash flow per share for the three months ended in Mar. 2025 was $5.812. 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 $5.85 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ASM International NV's average Cyclically Adjusted FCF Growth Rate was 40.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 26.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.80% 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 ASM International NV was 55.80% per year. The lowest was -9.20% per year. And the median was 22.00% per year.

As of today (2025-05-20), ASM International NV's current stock price is $541.707. ASM International NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $5.85. ASM International NV's Cyclically Adjusted Price-to-FCF of today is 92.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ASM International NV was 227.05. The lowest was 20.96. And the median was 72.27.


ASM International NV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ASM International NV'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.

ASM International NV Cyclically Adjusted FCF per Share Chart

ASM International NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 2.23 3.13 4.11 4.89

ASM International NV Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.10 4.32 5.00 4.89 5.85

Competitive Comparison of ASM International NV's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, ASM International NV'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.


ASM International NV's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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


;
;

ASM International NV 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, ASM International NV's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.812/133.3300*133.3300
=5.812

Current CPI (Mar. 2025) = 133.3300.

ASM International NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.057 100.230 -0.076
201509 1.015 100.500 1.347
201512 0.382 99.730 0.511
201603 -0.119 100.310 -0.158
201606 -0.097 100.260 -0.129
201609 0.190 100.570 0.252
201612 0.347 100.710 0.459
201703 0.345 101.440 0.453
201706 -0.470 101.370 -0.618
201709 0.528 102.030 0.690
201712 0.056 101.970 0.073
201803 0.330 102.470 0.429
201806 -0.791 103.100 -1.023
201809 -0.388 103.950 -0.498
201812 1.353 103.970 1.735
201903 0.513 105.370 0.649
201906 2.404 105.840 3.028
201909 1.543 106.700 1.928
201912 3.987 106.800 4.977
202003 0.922 106.850 1.150
202006 -0.010 107.510 -0.012
202009 0.393 107.880 0.486
202012 1.094 107.850 1.352
202103 2.103 108.870 2.575
202106 1.158 109.670 1.408
202109 1.996 110.790 2.402
202112 0.161 114.010 0.188
202203 2.232 119.460 2.491
202206 1.921 119.050 2.151
202209 2.132 126.890 2.240
202212 0.857 124.940 0.915
202303 3.323 124.720 3.552
202306 1.432 125.830 1.517
202309 2.239 127.160 2.348
202312 2.080 126.450 2.193
202403 1.384 128.580 1.435
202406 2.304 129.910 2.365
202409 4.988 131.610 5.053
202412 2.999 131.630 3.038
202503 5.812 133.330 5.812

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


ASM International NV  (OTCPK:ASMIY) 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.

ASM International NV's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=541.707/5.85
=92.60

* 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 ASM International NV was 227.05. The lowest was 20.96. And the median was 72.27.


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.


ASM International NV Cyclically Adjusted FCF per Share Related Terms

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


ASM International NV Business Description

Industry
Address
Versterkerstraat 8, Almere, FL, NLD, 1322 AP
ASM International is a Dutch company that provides deposition equipment for chip fabrication. It is the leader in atomic layer deposition, or ALD, a precise deposition technique that is required in the most advanced semiconductors. ASM's main clients are foundries TSMC, Samsung, and Intel. Foundries and wafer fab equipment providers like ASM work closely, which gives the firm insight into the customer's innovation and product road maps. Once a machine is established in a fab, it can generate service revenue for decades.