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Spectra7 Microsystems (Spectra7 Microsystems) Cyclically Adjusted FCF per Share : $-2.24 (As of Dec. 2023)


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What is Spectra7 Microsystems 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.

Spectra7 Microsystems's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.031. 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 $-2.24 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-19), Spectra7 Microsystems's current stock price is $0.09. Spectra7 Microsystems's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-2.24. Spectra7 Microsystems's Cyclically Adjusted Price-to-FCF of today is .


Spectra7 Microsystems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Spectra7 Microsystems'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.

Spectra7 Microsystems Cyclically Adjusted FCF per Share Chart

Spectra7 Microsystems 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 - - -3.66 -3.24 -2.24

Spectra7 Microsystems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.24 -3.18 -3.15 -2.39 -2.24

Competitive Comparison of Spectra7 Microsystems's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, Spectra7 Microsystems'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.


Spectra7 Microsystems's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Spectra7 Microsystems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Spectra7 Microsystems's Cyclically Adjusted Price-to-FCF falls into.



Spectra7 Microsystems 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, Spectra7 Microsystems's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.031/125.0724*125.0724
=-0.031

Current CPI (Dec. 2023) = 125.0724.

Spectra7 Microsystems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.029 98.604 -2.574
201406 -1.653 99.473 -2.078
201409 -0.690 99.394 -0.868
201412 -0.245 98.367 -0.312
201503 -0.637 99.789 -0.798
201506 -2.125 100.500 -2.645
201509 -1.151 100.421 -1.434
201512 -0.855 99.947 -1.070
201603 -0.763 101.054 -0.944
201606 -1.444 102.002 -1.771
201609 -0.466 101.765 -0.573
201612 -1.000 101.449 -1.233
201703 -0.408 102.634 -0.497
201706 -0.076 103.029 -0.092
201709 -0.739 103.345 -0.894
201712 -0.516 103.345 -0.624
201803 -1.202 105.004 -1.432
201806 -0.515 105.557 -0.610
201809 -0.193 105.636 -0.229
201812 -0.565 105.399 -0.670
201903 -0.106 106.979 -0.124
201906 -0.353 107.690 -0.410
201909 -0.386 107.611 -0.449
201912 -0.159 107.769 -0.185
202003 -0.065 107.927 -0.075
202006 0.020 108.401 0.023
202009 -0.052 108.164 -0.060
202012 -0.049 108.559 -0.056
202103 -0.055 110.298 -0.062
202106 -0.215 111.720 -0.241
202109 -0.059 112.905 -0.065
202112 -0.178 113.774 -0.196
202203 -0.022 117.646 -0.023
202206 -0.074 120.806 -0.077
202209 -0.056 120.648 -0.058
202212 -0.001 120.964 -0.001
202303 -0.006 122.702 -0.006
202306 -0.049 124.203 -0.049
202309 -0.054 125.230 -0.054
202312 -0.031 125.072 -0.031

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


Spectra7 Microsystems  (OTCPK:SPVNF) 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.


Spectra7 Microsystems Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Spectra7 Microsystems's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Spectra7 Microsystems (Spectra7 Microsystems) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Spectra7 Microsystems Inc is a high-performance analog semiconductor company delivering unprecedented bandwidth, speed, and resolution to enable disruptive industrial design for electronics manufacturers in virtual reality, augmented reality, mixed reality, data centers, and other connectivity markets.