SemiLEDs (FRA:6LD1) Cyclically Adjusted FCF per Share: €-0.37 (As of May. 2026)

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FRA:6LD1 SemiLEDs Corp FRA:6LD1
59 GF Score
Price €2.12
GF Value €3.34
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is SemiLEDs Cyclically Adjusted FCF per Share?

SemiLEDs FRA:6LD1 +18.44% 59 Cyclically Adjusted FCF per Share is €-0.37 as of May. 2026. GuruFocus rates FRA:6LD1 with a GF Score™ of 59/100 and a GF Value™ of €3.34 (Possible Value Trap). The stock has 6 warning signs investors should review.

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.

SemiLEDs's adjusted free cash flow per share for the three months ended in May. 2026 was €0.219. 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 €-0.37 for the trailing ten years ended in May. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 36.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 34.20% 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 SemiLEDs was 36.70% per year. The lowest was 21.40% per year. And the median was 32.60% per year.

As of today (2026-07-17), SemiLEDs's current stock price is €2.12. SemiLEDs's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2026 was €-0.37. SemiLEDs's Cyclically Adjusted Price-to-FCF of today is .


SemiLEDs  (FRA:6LD1) 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.


SemiLEDs Cyclically Adjusted FCF per Share Related Terms


SemiLEDs Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for SemiLEDs'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.

SemiLEDs Cyclically Adjusted FCF per Share Chart

SemiLEDs Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.98 -2.45 -1.56 -0.78 -0.53

SemiLEDs Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -0.51 -0.53 -0.58 -0.43 -0.37

FRA:6LD1 vs PRSO, PRKR, GUER: Cyclically Adjusted FCF per Share Comparison

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 Cyclically Adjusted Price-to-FCF vs 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.


FRA:6LD1
59GF Score
SemiLEDs Corp FRA:6LD1
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SemiLEDs 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, SemiLEDs's adjusted Free Cash Flow per Share data for the three months ended in May. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.219/335.1230*335.1230
=0.219

Current CPI (May. 2026) = 335.1230.

SemiLEDs Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201608 -0.206 240.849 -0.287
201611 -0.314 241.353 -0.436
201702 -0.177 243.603 -0.243
201705 -0.235 244.733 -0.322
201708 0.118 245.519 0.161
201711 -0.037 246.669 -0.050
201802 0.042 248.991 0.057
201805 -0.132 251.588 -0.176
201808 -0.243 252.146 -0.323
201811 -0.319 252.038 -0.424
201902 -0.185 252.776 -0.245
201905 -0.226 256.092 -0.296
201908 -0.182 256.558 -0.238
201911 -0.096 257.208 -0.125
202002 0.004 258.678 0.005
202005 -0.163 256.394 -0.213
202008 -0.053 259.918 -0.068
202011 0.008 260.229 0.010
202102 -0.159 263.014 -0.203
202105 -0.044 269.195 -0.055
202108 -0.170 273.567 -0.208
202111 -0.125 277.948 -0.151
202202 -0.088 283.716 -0.104
202205 -0.180 292.296 -0.206
202208 0.030 296.171 0.034
202211 0.067 297.711 0.075
202302 -0.098 300.840 -0.109
202305 -0.131 304.127 -0.144
202308 -0.063 307.026 -0.069
202311 -0.027 307.051 -0.029
202402 -0.118 310.326 -0.127
202405 0.013 314.069 0.014
202408 0.019 314.796 0.020
202411 -0.037 315.493 -0.039
202502 0.169 319.082 0.177
202505 0.047 321.465 0.049
202508 0.026 323.976 0.027
202511 0.035 324.122 0.036
202602 0.122 326.785 0.125
202605 0.219 335.123 0.219

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

What does a Cyclically Adjusted FCF per Share of €-0.37 mean?
SemiLEDs (FRA:6LD1) has a Cyclically Adjusted FCF per Share of €-0.37 as of May. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on SemiLEDs and its competitors.
Is SemiLEDs' Cyclically Adjusted FCF per Share too high?
SemiLEDs' current Cyclically Adjusted FCF per Share is €-0.37. Overall, SemiLEDs has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SemiLEDs' Cyclically Adjusted FCF per Share compare to PRSO and PRKR?
SemiLEDs' Cyclically Adjusted FCF per Share of €-0.37 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on SemiLEDs and its competitors. SemiLEDs's current Cyclically Adjusted FCF per Share is €-0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SemiLEDs stock overvalued right now?
Based on GuruFocus' analysis, SemiLEDs (FRA:6LD1) is currently considered Possible Value Trap. The stock's GF Value™ is €3.34, compared to a current price of €2.12 — trading 36.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.37. SemiLEDs' overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For SemiLEDs (FRA:6LD1), the current Cyclically Adjusted FCF per Share is €-0.37 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SemiLEDs (FRA:6LD1) Overvalued in 2026?

Based on GuruFocus' analysis, SemiLEDs stock appears to be undervalued. The current stock price of €2.12 is trading 36.5% below its estimated GF Value™ of €3.34. GuruFocus considers SemiLEDs to be Possible Value Trap.

Key valuation signals for FRA:6LD1:

  • Cyclically Adjusted FCF per Share: €-0.37
  • GF Value™: €3.34 vs. price of €2.12 (36.5% below fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the FRA:6LD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SemiLEDs Business Description

Other Exchanges LEDS:USA
Address No.11 Ke Jung Road, 3rd Floor, Chu-Nan Site. Chu-Nan 350, Hsinchu Science Park, Miao-Li County, Miao-Li, TWN, 350
SemiLEDs Corp develops, manufactures, 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, including 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 Japan.
59GF Score

Get the complete analysis for FRA:6LD1

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.12
Price
€3.34
GF Value