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Synaptics (STU:SJN) Cyclically Adjusted FCF per Share : €5.43 (As of Mar. 2024)


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What is Synaptics 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.

Synaptics's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.531. 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 €5.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Synaptics's average Cyclically Adjusted FCF Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.90% 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 Synaptics was 18.80% per year. The lowest was 6.40% per year. And the median was 13.25% per year.

As of today (2024-05-23), Synaptics's current stock price is €85.86. Synaptics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €5.43. Synaptics's Cyclically Adjusted Price-to-FCF of today is 15.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Synaptics was 63.29. The lowest was 8.04. And the median was 20.87.


Synaptics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Synaptics'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.

Synaptics Cyclically Adjusted FCF per Share Chart

Synaptics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 3.20 3.60 5.32 5.59

Synaptics 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 5.45 5.59 5.33 5.33 5.43

Competitive Comparison of Synaptics's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Synaptics'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.


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

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

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



Synaptics 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, Synaptics'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)
=-0.531/131.7762*131.7762
=-0.531

Current CPI (Mar. 2024) = 131.7762.

Synaptics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.647 100.560 0.848
201409 0.808 100.428 1.060
201412 -0.652 99.070 -0.867
201503 2.918 99.621 3.860
201506 0.466 100.684 0.610
201509 -0.047 100.392 -0.062
201512 2.174 99.792 2.871
201603 0.753 100.470 0.988
201606 2.469 101.688 3.200
201609 -0.143 101.861 -0.185
201612 0.581 101.863 0.752
201703 1.223 102.862 1.567
201706 1.056 103.349 1.346
201709 0.711 104.136 0.900
201712 1.180 104.011 1.495
201803 0.609 105.290 0.762
201806 0.032 106.317 0.040
201809 -0.052 106.507 -0.064
201812 1.365 105.998 1.697
201903 1.032 107.251 1.268
201906 0.965 108.070 1.177
201909 1.076 108.329 1.309
201912 1.818 108.420 2.210
202003 1.158 108.902 1.401
202006 1.216 108.767 1.473
202009 0.065 109.815 0.078
202012 1.421 109.897 1.704
202103 2.859 111.754 3.371
202106 2.025 114.631 2.328
202109 1.122 115.734 1.278
202112 2.477 117.630 2.775
202203 2.543 121.301 2.763
202206 2.792 125.017 2.943
202209 1.794 125.227 1.888
202212 0.939 125.222 0.988
202303 2.219 127.348 2.296
202306 2.066 128.729 2.115
202309 -2.205 129.860 -2.238
202312 0.674 129.419 0.686
202403 -0.531 131.776 -0.531

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


Synaptics  (STU:SJN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=85.86/5.43
=15.81

* 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 Synaptics was 63.29. The lowest was 8.04. And the median was 20.87.


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.


Synaptics Cyclically Adjusted FCF per Share Related Terms

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


Synaptics (STU:SJN) Business Description

Industry
Traded in Other Exchanges
Address
1109 McKay Drive, San Jose, CA, USA, 95131
Synaptics Inc is a global producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. Geographically, it derives a majority of revenue from China. The company operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.

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