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SODI (Solitron Devices) Cyclically Adjusted FCF per Share : $-0.04 (As of Aug. 2024)


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What is Solitron Devices 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.

Solitron Devices's adjusted free cash flow per share for the three months ended in Aug. 2024 was $0.395. 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 $-0.04 for the trailing ten years ended in Aug. 2024.

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 Solitron Devices was 6.30% per year. The lowest was -18.60% per year. And the median was -2.50% per year.

As of today (2024-12-14), Solitron Devices's current stock price is $16.05. Solitron Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Aug. 2024 was $-0.04. Solitron Devices's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Solitron Devices was 250.50. The lowest was 9.33. And the median was 21.00.


Solitron Devices Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Solitron Devices'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.

Solitron Devices Cyclically Adjusted FCF per Share Chart

Solitron Devices Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.17 0.04 -0.07 -0.03

Solitron Devices Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -0.06 -0.04 -0.03 -0.09 -0.04

Competitive Comparison of Solitron Devices's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, Solitron Devices'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.


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

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

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



Solitron Devices 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, Solitron Devices's adjusted Free Cash Flow per Share data for the three months ended in Aug. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=0.395/132.8158*132.8158
=0.395

Current CPI (Aug. 2024) = 132.8158.

Solitron Devices Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201211 -0.263 97.133 -0.360
201302 -0.043 97.953 -0.058
201305 0.120 98.282 0.162
201308 -0.013 98.675 -0.017
201311 -0.060 98.334 -0.081
201402 0.126 99.057 0.169
201405 0.127 100.373 0.168
201408 0.137 100.352 0.181
201411 0.017 99.635 0.023
201502 0.152 99.032 0.204
201505 0.144 100.333 0.191
201508 -0.188 100.548 -0.248
201511 0.167 100.135 0.222
201602 0.041 100.040 0.054
201605 -0.168 101.355 -0.220
201608 -0.591 101.617 -0.772
201611 -0.266 101.829 -0.347
201902 0.000 106.649 0.000
201905 0.281 108.048 0.345
201908 -0.064 108.245 -0.079
201911 0.152 108.519 0.186
202002 0.141 109.139 0.172
202005 0.131 108.175 0.161
202008 0.202 109.662 0.245
202011 0.326 109.793 0.394
202102 0.115 110.968 0.138
202105 -1.768 113.576 -2.067
202108 0.733 115.421 0.843
202111 0.411 117.269 0.465
202202 -0.416 119.703 -0.462
202205 0.193 123.323 0.208
202208 -0.398 124.958 -0.423
202211 -0.051 125.607 -0.054
202302 -0.332 126.928 -0.347
202305 -0.008 128.314 -0.008
202308 0.425 129.538 0.436
202311 0.158 129.548 0.162
202402 0.175 130.930 0.178
202405 -0.497 132.509 -0.498
202408 0.395 132.816 0.395

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


Solitron Devices  (OTCPK:SODI) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Solitron Devices was 250.50. The lowest was 9.33. And the median was 21.00.


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.


Solitron Devices Cyclically Adjusted FCF per Share Related Terms

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


Solitron Devices Business Description

Industry
Traded in Other Exchanges
N/A
Address
901 Sansburys Way, West Palm Beach, FL, USA, 33411
Solitron Devices Inc designs, develop, manufactures, and markets solid-state semiconductor components and related devices mainly for the military and aerospace markets. It manufactures a large variety of bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field-effect transistors (Power MOSFETS), field effect transistors, and other related products. It derives the majority of its revenues from its business operations in the United States, while it also holds a presence in Canada, Latin America, the Far East, and the Middle East.
Executives
Olesen Value Fund Gp Llc 10 percent owner C/O OLESEN CAPITAL MANAGEMENT LLC, 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
Howard Timothy Eriksen director 567 WILDROSE CIRCLE, LYNDEN WA 98264
Mark Matson officer: President and COO 600 S. ROCKFORD DRIVE, TEMPE AZ 85281
David William Pointer director PO BOX 402, NEWMAN LAKE WA 99025
Christian Olesen 10 percent owner C/O OLESEN CAPITAL MANAGEMENT LLC, 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
Olesen Capital Management Llc 10 percent owner 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
Olesen Value Fund L.p. 10 percent owner C/O OLESEN CAPITAL MANAGEMENT LLC, 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
John Stayduhar other: Shareholder C/O JOHN FARINA, 1601 FORUM PL. #900, WEST PALM BEACH FL 33401
Charles M Gillman director 1223 WILSHIRE BOULEVARD, OFFICE 648, SANTA MONICA CA 90402
Cedar Creek Partners Llc other: Shareholder 8695 GLENDALE RD., CUSTER WA 98240
Eriksen Capital Management Llc other: Shareholder 8695 GLENDALE RD., CUSTER WA 98240
John F Chiste director
Dwight P Aubrey director C/O SOLITRON DEVICES, INC., 3301 ELECTRONICS WAY, WEST PALM BEACH FL 33407
Joseph F Gerrity director
Sidney H Kopperl director C/O SOLITRON DEVICES, INC., 3301 ELECTRONICS WAY, WEST PALM BEACH FL 33407

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