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Amyris (FRA:3A01) Cyclically Adjusted FCF per Share : €-6.85 (As of Mar. 2023)


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What is Amyris 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.

Amyris's adjusted free cash flow per share for the three months ended in Mar. 2023 was €-0.242. 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 €-6.85 for the trailing ten years ended in Mar. 2023.

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.

As of today (2024-06-18), Amyris's current stock price is €0.0391. Amyris's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 was €-6.85. Amyris's Cyclically Adjusted Price-to-FCF of today is .


Amyris Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Amyris'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.

Amyris Cyclically Adjusted FCF per Share Chart

Amyris Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.36 -36.78 -14.82 -11.97 -7.67

Amyris Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -10.86 -10.27 -9.91 -7.67 -6.85

Competitive Comparison of Amyris's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Amyris'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.


Amyris's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Amyris's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Amyris 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, Amyris's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.242/127.3478*127.3478
=-0.242

Current CPI (Mar. 2023) = 127.3478.

Amyris Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -3.378 98.518 -4.367
201309 -3.879 98.790 -5.000
201312 -5.536 98.326 -7.170
201403 -1.043 99.695 -1.332
201406 -3.740 100.560 -4.736
201409 -4.397 100.428 -5.576
201412 -1.736 99.070 -2.232
201503 -0.763 99.621 -0.975
201506 -4.624 100.684 -5.849
201509 -1.900 100.392 -2.410
201512 -2.267 99.792 -2.893
201603 -1.561 100.470 -1.979
201606 -0.780 101.688 -0.977
201609 -0.361 101.861 -0.451
201612 -1.934 101.863 -2.418
201703 -1.250 102.862 -1.548
201706 -1.330 103.349 -1.639
201709 -0.954 104.136 -1.167
201712 -0.044 104.011 -0.054
201803 -0.424 105.290 -0.513
201806 -0.498 106.317 -0.597
201809 -0.522 106.507 -0.624
201812 -0.307 105.998 -0.369
201903 -0.457 107.251 -0.543
201906 -0.231 108.070 -0.272
201909 -0.511 108.329 -0.601
201912 -0.325 108.420 -0.382
202003 -0.277 108.902 -0.324
202006 -0.329 108.767 -0.385
202009 -0.208 109.815 -0.241
202012 -0.044 109.897 -0.051
202103 0.333 111.754 0.379
202106 -0.199 114.631 -0.221
202109 -0.230 115.734 -0.253
202112 -0.473 117.630 -0.512
202203 -0.522 121.301 -0.548
202206 -0.519 125.017 -0.529
202209 -0.513 125.227 -0.522
202212 -0.261 125.222 -0.265
202303 -0.242 127.348 -0.242

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


Amyris  (FRA:3A01) 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.


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.


Amyris Cyclically Adjusted FCF per Share Related Terms

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


Amyris (FRA:3A01) Business Description

Industry
Traded in Other Exchanges
Address
5885 Hollis Street, Suite 100, Emeryville, CA, USA, 94608
Amyris Inc is an industrial biotechnology company. It is engaged in the engineering, manufacturing, and sales of products in a variety of consumer and industrial markets, including cosmetics, flavors and fragrances, solvents and cleaners, polymers, lubricants, healthcare products, and fuels. The business operations are spread across the world with the majority of the revenues generated in the United States. The company generates revenue from the sale of renewable products, licenses of and royalties from intellectual property, and grants, and collaborative research and development services.

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