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ams-OSRAM AG (WBO:AMS) Cyclically Adjusted FCF per Share : €0.21 (As of Mar. 2024)


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What is ams-OSRAM AG 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.

ams-OSRAM AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.066. 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 €0.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ams-OSRAM AG's average Cyclically Adjusted FCF Growth Rate was -25.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -39.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -30.00% 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 ams-OSRAM AG was -6.90% per year. The lowest was -39.00% per year. And the median was -27.90% per year.

As of today (2024-06-24), ams-OSRAM AG's current stock price is €1.25. ams-OSRAM AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.21. ams-OSRAM AG's Cyclically Adjusted Price-to-FCF of today is 5.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ams-OSRAM AG was 39.89. The lowest was 3.62. And the median was 13.07.


ams-OSRAM AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ams-OSRAM AG'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.

ams-OSRAM AG Cyclically Adjusted FCF per Share Chart

ams-OSRAM AG 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 1.08 0.80 0.48 0.30 0.22

ams-OSRAM AG 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 0.27 0.27 0.23 0.22 0.21

Competitive Comparison of ams-OSRAM AG's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, ams-OSRAM AG'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.


ams-OSRAM AG's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



ams-OSRAM AG 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, ams-OSRAM AG'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)
=-0.066/133.7589*133.7589
=-0.066

Current CPI (Mar. 2024) = 133.7589.

ams-OSRAM AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.087 99.496 0.117
201409 0.083 99.586 0.111
201412 0.151 99.676 0.203
201503 0.066 99.992 0.088
201506 0.069 100.492 0.092
201509 0.092 100.292 0.123
201512 0.156 100.692 0.207
201603 -0.074 100.692 -0.098
201606 -0.081 101.092 -0.107
201609 0.110 101.192 0.145
201612 -0.001 102.092 -0.001
201703 -0.324 102.592 -0.422
201706 -0.717 102.991 -0.931
201709 -0.741 103.591 -0.957
201712 -0.514 104.291 -0.659
201803 -0.418 104.491 -0.535
201806 -0.839 105.091 -1.068
201809 -0.084 105.691 -0.106
201812 0.936 106.291 1.178
201903 0.047 106.391 0.059
201906 0.015 106.791 0.019
201909 1.066 106.991 1.333
201912 0.972 108.091 1.203
202003 0.353 108.024 0.437
202006 0.170 107.915 0.211
202009 0.000 108.348 0.000
202012 0.498 109.321 0.609
202103 0.338 110.186 0.410
202106 0.300 110.943 0.362
202109 0.261 111.916 0.312
202112 0.178 113.971 0.209
202203 0.073 117.647 0.083
202206 0.006 120.567 0.007
202209 0.115 123.811 0.124
202212 -0.064 125.541 -0.068
202303 -0.382 128.460 -0.398
202306 -0.064 130.191 -0.066
202309 -0.129 131.272 -0.131
202312 -0.144 132.570 -0.145
202403 -0.066 133.759 -0.066

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


ams-OSRAM AG  (WBO:AMS) 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.

ams-OSRAM AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.25/0.21
=5.95

* 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 ams-OSRAM AG was 39.89. The lowest was 3.62. And the median was 13.07.


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.


ams-OSRAM AG Cyclically Adjusted FCF per Share Related Terms

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ams-OSRAM AG (WBO:AMS) Business Description

Industry
Address
Tobelbader Strasse 30, Premstaetten, AUT, 8141
ams-OSRAM AG designs manufactures and sells sensors, sensor interfaces, and analog integrated circuit solutions worldwide. The company is an important supplier to customers in the consumer, communications, medical, automotive, and industrial end markets. The firm operates in two segments semiconductors and Lamps and systems. The majority of its revenues is generated from semiconductor.