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Realtek Semiconductor (LUX:RTKSM) Cyclically Adjusted FCF per Share : $2.39 (As of Mar. 2024)


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What is Realtek Semiconductor 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.

Realtek Semiconductor's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.686. 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 $2.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Realtek Semiconductor's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.10% 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 Realtek Semiconductor was 25.20% per year. The lowest was 20.10% per year. And the median was 22.65% per year.

As of today (2024-05-15), Realtek Semiconductor's current stock price is $66.50. Realtek Semiconductor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.39. Realtek Semiconductor's Cyclically Adjusted Price-to-FCF of today is 27.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Realtek Semiconductor was 49.55. The lowest was 14.34. And the median was 29.57.


Realtek Semiconductor Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Realtek Semiconductor'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.

Realtek Semiconductor Cyclically Adjusted FCF per Share Chart

Realtek Semiconductor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.54 1.95 2.12 2.44

Realtek Semiconductor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.14 2.22 2.28 2.44 2.39

Competitive Comparison of Realtek Semiconductor's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Realtek Semiconductor'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.


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

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

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



Realtek Semiconductor 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, Realtek Semiconductor's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.686/129.4194*129.4194
=0.686

Current CPI (Mar. 2024) = 129.4194.

Realtek Semiconductor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.371 100.560 0.477
201409 0.310 100.428 0.399
201412 0.314 99.070 0.410
201503 -0.171 99.621 -0.222
201506 -0.028 100.684 -0.036
201509 0.109 100.392 0.141
201512 0.502 99.792 0.651
201603 0.320 100.470 0.412
201606 0.279 101.688 0.355
201609 0.085 101.861 0.108
201612 0.219 101.863 0.278
201703 -0.086 102.862 -0.108
201706 0.150 103.349 0.188
201709 0.121 104.136 0.150
201712 0.420 104.011 0.523
201803 0.359 105.290 0.441
201806 0.702 106.317 0.855
201809 0.288 106.507 0.350
201812 0.444 105.998 0.542
201903 0.259 107.251 0.313
201906 0.820 108.070 0.982
201909 0.390 108.329 0.466
201912 0.996 108.420 1.189
202003 -0.082 108.902 -0.097
202006 0.635 108.767 0.756
202009 1.487 109.815 1.752
202012 1.360 109.897 1.602
202103 0.377 111.754 0.437
202106 1.763 114.631 1.990
202109 1.189 115.734 1.330
202112 0.765 117.630 0.842
202203 2.106 121.301 2.247
202206 1.526 125.017 1.580
202209 1.057 125.227 1.092
202212 -0.807 125.222 -0.834
202303 -0.225 127.348 -0.229
202306 1.308 128.729 1.315
202309 1.506 129.860 1.501
202312 0.926 129.419 0.926
202403 0.686 129.419 0.686

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


Realtek Semiconductor  (LUX:RTKSM) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=66.50/2.39
=27.82

* 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 Realtek Semiconductor was 49.55. The lowest was 14.34. And the median was 29.57.


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.


Realtek Semiconductor Cyclically Adjusted FCF per Share Related Terms

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


Realtek Semiconductor (LUX:RTKSM) Business Description

Traded in Other Exchanges
Address
No. 2, Innovation Road II, Hsinchu Science Park, Hsinchu, TWN, 300
Realtek Semiconductor Corp provides a range of integrated circuits (ICs) for communications networks, computer peripheral, and multimedia markets. The company is a fabless designer and supplier of its ICs, which means it outsources the fabrication of devices. Its complete product line includes data, voice, and image ICs. Realtek offers its product and services to PC companies, motherboard manufacturers, network hardware makers, and various PC peripheral product companies. Core technologies are advanced through high-performance analog and mixed-signal circuit design capabilities, in addition to in-house knowledge in IC manufacturing and intellectual properties.

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