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LEDS (SemiLEDs) Cyclically Adjusted FCF per Share : $-0.68 (As of Feb. 2025)


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What is SemiLEDs 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.

SemiLEDs's adjusted free cash flow per share for the three months ended in Feb. 2025 was $0.176. 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 $-0.68 for the trailing ten years ended in Feb. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 29.10% 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 35.80% per year. The lowest was 21.40% per year. And the median was 29.40% per year.

As of today (2025-05-11), SemiLEDs's current stock price is $2.15. SemiLEDs's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 was $-0.68. SemiLEDs's Cyclically Adjusted Price-to-FCF of today is .


SemiLEDs Cyclically Adjusted FCF per Share Historical Data

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.

* Premium members only.

SemiLEDs Cyclically Adjusted FCF per Share Chart

SemiLEDs Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.97 -3.47 -2.48 -1.75 -0.92

SemiLEDs Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 -1.26 -1.05 -0.92 -0.77 -0.68

Competitive Comparison of SemiLEDs's Cyclically Adjusted FCF per Share

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.


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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 Feb. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=0.176/134.6241*134.6241
=0.176

Current CPI (Feb. 2025) = 134.6241.

SemiLEDs Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 -0.063 100.333 -0.085
201508 -0.304 100.548 -0.407
201511 -0.318 100.135 -0.428
201602 -0.401 100.040 -0.540
201605 -0.523 101.355 -0.695
201608 -0.231 101.617 -0.306
201611 -0.338 101.829 -0.447
201702 -0.189 102.779 -0.248
201705 -0.260 103.256 -0.339
201708 0.139 103.587 0.181
201711 -0.043 104.072 -0.056
201802 0.052 105.052 0.067
201805 -0.156 106.148 -0.198
201808 -0.280 106.383 -0.354
201811 -0.363 106.338 -0.460
201902 -0.210 106.649 -0.265
201905 -0.252 108.048 -0.314
201908 -0.202 108.245 -0.251
201911 -0.106 108.519 -0.131
202002 0.005 109.139 0.006
202005 -0.178 108.175 -0.222
202008 -0.062 109.662 -0.076
202011 0.010 109.793 0.012
202102 -0.192 110.968 -0.233
202105 -0.053 113.576 -0.063
202108 -0.199 115.421 -0.232
202111 -0.143 117.269 -0.164
202202 -0.100 119.703 -0.112
202205 -0.190 123.323 -0.207
202208 0.031 124.958 0.033
202211 0.069 125.607 0.074
202302 -0.105 126.928 -0.111
202305 -0.142 128.314 -0.149
202308 -0.069 129.538 -0.072
202311 -0.029 129.548 -0.030
202402 -0.127 130.930 -0.131
202405 0.014 132.509 0.014
202408 0.021 132.816 0.021
202411 -0.039 133.110 -0.039
202502 0.176 134.624 0.176

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


SemiLEDs  (NAS:LEDS) 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

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


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, 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.
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