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BE Semiconductor Industries NV (BE Semiconductor Industries NV) Cyclically Adjusted FCF per Share : $2.30 (As of Mar. 2024)


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What is BE Semiconductor Industries NV 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.

BE Semiconductor Industries NV's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.661. 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 $2.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BE Semiconductor Industries NV's average Cyclically Adjusted FCF Growth Rate was 12.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 42.20% 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 BE Semiconductor Industries NV was 141.00% per year. The lowest was 20.40% per year. And the median was 29.90% per year.

As of today (2024-06-02), BE Semiconductor Industries NV's current stock price is $147.926. BE Semiconductor Industries NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.30. BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF of today is 64.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BE Semiconductor Industries NV was 452.00. The lowest was 22.24. And the median was 46.95.


BE Semiconductor Industries NV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BE Semiconductor Industries NV'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.

BE Semiconductor Industries NV Cyclically Adjusted FCF per Share Chart

BE Semiconductor Industries NV 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 1.03 1.31 1.59 1.86 2.25

BE Semiconductor Industries NV 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 2.04 2.10 2.15 2.25 2.30

Competitive Comparison of BE Semiconductor Industries NV's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, BE Semiconductor Industries NV'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.


BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



BE Semiconductor Industries NV 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, BE Semiconductor Industries NV'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)
=0.661/128.5800*128.5800
=0.661

Current CPI (Mar. 2024) = 128.5800.

BE Semiconductor Industries NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.017 99.240 0.022
201409 0.390 99.960 0.502
201412 0.509 99.050 0.661
201503 0.178 99.750 0.229
201506 0.230 100.230 0.295
201509 0.262 100.500 0.335
201512 0.427 99.730 0.551
201603 0.252 100.310 0.323
201606 0.198 100.260 0.254
201609 0.400 100.570 0.511
201612 0.397 100.710 0.507
201703 0.204 101.440 0.259
201706 0.381 101.370 0.483
201709 0.593 102.030 0.747
201712 1.057 101.970 1.333
201803 0.732 102.470 0.919
201806 0.021 103.100 0.026
201809 0.854 103.950 1.056
201812 0.700 103.970 0.866
201903 0.597 105.370 0.729
201906 -0.080 105.840 -0.097
201909 0.460 106.700 0.554
201912 0.423 106.800 0.509
202003 0.294 106.850 0.354
202006 0.247 107.510 0.295
202009 0.773 107.880 0.921
202012 0.636 107.850 0.758
202103 0.264 108.870 0.312
202106 0.632 109.670 0.741
202109 1.267 110.790 1.470
202112 1.245 114.010 1.404
202203 0.493 119.460 0.531
202206 0.264 119.050 0.285
202209 1.210 126.890 1.226
202212 0.987 124.940 1.016
202303 0.701 124.720 0.723
202306 0.276 125.830 0.282
202309 0.757 127.160 0.765
202312 0.612 126.450 0.622
202403 0.661 128.580 0.661

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


BE Semiconductor Industries NV  (OTCPK:BESIY) 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 Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=147.926/2.3
=64.32

* 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 BE Semiconductor Industries NV was 452.00. The lowest was 22.24. And the median was 46.95.


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.


BE Semiconductor Industries NV Cyclically Adjusted FCF per Share Related Terms

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BE Semiconductor Industries NV (BE Semiconductor Industries NV) Business Description

Address
Ratio 6, Duiven, NLD, 6921 RW
Besi provides equipment for the semiconductor assembly and packaging market (known as the back-end). Besi is one of the market leaders with a focused portfolio and flexible business operations, which allow it to maintain leading gross and operating margins. Besi's main clients are the world's largest foundries (TSMC, Samsung, and Intel) as well as integrated device manufacturers.