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LSRCY (Lasertec) Cyclically Adjusted FCF per Share : $0.19 (As of Mar. 2025)


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What is Lasertec 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.

Lasertec's adjusted free cash flow per share for the three months ended in Mar. 2025 was $0.569. 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 $0.19 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Lasertec's average Cyclically Adjusted FCF Growth Rate was 69.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.70% 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 Lasertec was 27.50% per year. The lowest was 5.50% per year. And the median was 16.85% per year.

As of today (2025-05-14), Lasertec's current stock price is $21.08. Lasertec's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.19. Lasertec's Cyclically Adjusted Price-to-FCF of today is 110.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lasertec was 844.51. The lowest was 42.17. And the median was 318.40.


Lasertec Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lasertec'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.

Lasertec Cyclically Adjusted FCF per Share Chart

Lasertec Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.08 0.05 0.08 0.11

Lasertec 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 0.11 0.11 0.13 0.12 0.19

Competitive Comparison of Lasertec's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, Lasertec'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.


Lasertec's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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


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Lasertec 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, Lasertec'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)
=0.569/111.1000*111.1000
=0.569

Current CPI (Mar. 2025) = 111.1000.

Lasertec Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.019 98.400 0.021
201509 -0.007 98.500 -0.008
201512 0.029 98.100 0.033
201603 -0.003 97.900 -0.003
201606 0.035 98.100 0.040
201609 0.014 98.000 0.016
201612 -0.030 98.400 -0.034
201703 0.000 98.100 0.000
201706 0.076 98.500 0.086
201709 0.038 98.800 0.043
201712 0.019 99.400 0.021
201803 -0.026 99.200 -0.029
201806 0.011 99.200 0.012
201809 0.039 99.900 0.043
201812 0.087 99.700 0.097
201903 -0.008 99.700 -0.009
201906 -0.023 99.800 -0.026
201909 0.035 100.100 0.039
201912 0.016 100.500 0.018
202003 0.241 100.300 0.267
202006 0.010 99.900 0.011
202009 -0.127 99.900 -0.141
202012 -0.014 99.300 -0.016
202103 0.083 99.900 0.092
202106 0.191 99.500 0.213
202109 0.004 100.100 0.004
202112 -0.094 100.100 -0.104
202203 0.137 101.100 0.151
202206 -0.190 101.800 -0.207
202209 -0.062 103.100 -0.067
202212 0.083 104.100 0.089
202303 0.214 104.400 0.228
202306 0.095 105.200 0.100
202309 0.199 106.200 0.208
202312 0.058 106.800 0.060
202403 0.074 107.200 0.077
202406 0.108 108.200 0.111
202409 -0.023 108.900 -0.023
202412 0.083 110.700 0.083
202503 0.569 111.100 0.569

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


Lasertec  (OTCPK:LSRCY) 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.

Lasertec's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.08/0.19
=110.95

* 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 Lasertec was 844.51. The lowest was 42.17. And the median was 318.40.


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.


Lasertec Cyclically Adjusted FCF per Share Related Terms

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


Lasertec Business Description

Industry
Traded in Other Exchanges
Address
2-10-1 Shin-Yokohama, 10-1222-8552 Kohoku-ku, Yokohama-shi, Yokohama Prefecture, Yokohama, JPN
Lasertec Corp is a Japan based company engaged in developing, manufacturing, selling and servicing the semiconductor related equipment, energy and environment related equipment, FPD related equipment and laser microscopes.