GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Strasbaugh (OTCPK:STRB) » Definitions » Cyclically Adjusted FCF per Share

Strasbaugh (Strasbaugh) Cyclically Adjusted FCF per Share : $0.00 (As of Jun. 2010)


View and export this data going back to 1995. Start your Free Trial

What is Strasbaugh 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.

Strasbaugh's adjusted free cash flow per share for the three months ended in Jun. 2010 was $0.054. 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 $0.00 for the trailing ten years ended in Jun. 2010.

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 (2024-06-09), Strasbaugh's current stock price is $0.0001. Strasbaugh's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2010 was $0.00. Strasbaugh's Cyclically Adjusted Price-to-FCF of today is .


Strasbaugh Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Strasbaugh'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.

Strasbaugh Cyclically Adjusted FCF per Share Chart

Strasbaugh Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Dec07 Dec08 Dec09
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Strasbaugh Quarterly Data
Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 - - - - -

Competitive Comparison of Strasbaugh's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Strasbaugh'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.


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

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

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



Strasbaugh 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, Strasbaugh's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2010 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2010 (Change)*Current CPI (Jun. 2010)
=0.054/91.9618*91.9618
=0.054

Current CPI (Jun. 2010) = 91.9618.

Strasbaugh Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
199709 -5.676 68.012 -7.675
199712 -13.025 68.054 -17.601
199803 4.117 68.434 5.532
199806 -4.790 68.771 -6.405
199809 -17.086 69.025 -22.764
199812 2.162 69.151 2.875
199903 -3.000 69.615 -3.963
199906 3.101 70.122 4.067
199909 -3.563 70.839 -4.625
199912 -13.000 71.008 -16.836
200003 -14.330 72.231 -18.244
200006 -18.650 72.737 -23.579
200009 -1.647 73.286 -2.067
200012 -20.528 73.413 -25.715
200103 -24.706 74.341 -30.562
200106 -18.614 75.100 -22.793
200109 -3.105 75.227 -3.796
200112 4.797 74.552 5.917
200203 -9.517 75.438 -11.602
200206 11.435 75.902 13.855
200209 7.230 76.366 8.707
200212 -6.690 76.324 -8.061
200303 -8.822 77.716 -10.439
200306 -10.590 77.505 -12.565
200309 -7.985 78.138 -9.398
200312 -6.090 77.758 -7.202
200403 0.841 79.066 0.978
200406 -5.528 80.037 -6.352
200409 -2.536 80.121 -2.911
200412 -1.827 80.290 -2.093
200803 -0.017 90.090 -0.017
200806 0.022 92.320 0.022
200809 -0.061 92.307 -0.061
200812 -0.047 88.697 -0.049
200903 0.053 89.744 0.054
200906 -0.032 91.003 -0.032
200909 0.191 91.120 0.193
200912 -0.145 91.111 -0.146
201003 -0.064 91.821 -0.064
201006 0.054 91.962 0.054

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


Strasbaugh  (OTCPK:STRB) 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.


Strasbaugh Cyclically Adjusted FCF per Share Related Terms

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


Strasbaugh (Strasbaugh) Business Description

Industry
Traded in Other Exchanges
N/A
Address
825 Buckley Road, San Luis Obispo, CA, USA, 93401
Strasbaugh makes equipment that is used to make microelectronics. The company manufactures and sells CMP and grinding equipment for use in the production of semiconductor devices. Its CMP and wafer grinding systems are used to manufacture a range of mobile devices, including MEMS, LEDs, RF/power devices, thin film heads, and ICs.
Executives
Bryant R Riley director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Miller Lloyd I Iii 10 percent owner
Richard H Nance officer: Executive VP and CFO 825 BUCKLEY ROAD, SAN LUIS OBISPO CA 93401
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
Danilo Cacciamatta director
Michael B Targoff director 40 WEST 57TH ST., NEW YORK NY 10019

Strasbaugh (Strasbaugh) Headlines

No Headlines