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SolarEdge Technologies (WBO:SEDG) Cyclically Adjusted FCF per Share : €0.09 (As of Mar. 2024)


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What is SolarEdge Technologies 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.

SolarEdge Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-3.918. 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 €0.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SolarEdge Technologies's average Cyclically Adjusted FCF Growth Rate was -91.20% 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.

As of today (2024-05-20), SolarEdge Technologies's current stock price is €44.52. SolarEdge Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.09. SolarEdge Technologies's Cyclically Adjusted Price-to-FCF of today is 494.67.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of SolarEdge Technologies was 666.90. The lowest was 85.71. And the median was 180.81.


SolarEdge Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SolarEdge Technologies'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.

SolarEdge Technologies Cyclically Adjusted FCF per Share Chart

SolarEdge Technologies Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.46

SolarEdge Technologies 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 1.05 0.78 0.79 0.46 0.09

Competitive Comparison of SolarEdge Technologies's Cyclically Adjusted FCF per Share

For the Solar subindustry, SolarEdge Technologies'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.


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

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

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



SolarEdge Technologies 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, SolarEdge Technologies'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)
=-3.918/131.7762*131.7762
=-3.918

Current CPI (Mar. 2024) = 131.7762.

SolarEdge Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.132 100.560 -0.173
201409 -0.031 100.428 -0.041
201412 0.161 99.070 0.214
201503 -2.364 99.621 -3.127
201506 0.276 100.684 0.361
201509 0.037 100.392 0.049
201512 0.224 99.792 0.296
201603 0.190 100.470 0.249
201606 0.280 101.688 0.363
201609 0.416 101.861 0.538
201612 0.364 101.863 0.471
201703 0.508 102.862 0.651
201706 0.514 103.349 0.655
201709 0.508 104.136 0.643
201712 0.679 104.011 0.860
201803 0.896 105.290 1.121
201806 0.600 106.317 0.744
201809 0.456 106.507 0.564
201812 0.707 105.998 0.879
201903 0.827 107.251 1.016
201906 0.694 108.070 0.846
201909 0.911 108.329 1.108
201912 0.886 108.420 1.077
202003 1.400 108.902 1.694
202006 0.552 108.767 0.669
202009 -0.135 109.815 -0.162
202012 -0.139 109.897 -0.167
202103 -0.007 111.754 -0.008
202106 -0.030 114.631 -0.034
202109 0.500 115.734 0.569
202112 0.544 117.630 0.609
202203 -3.325 121.301 -3.612
202206 0.464 125.017 0.489
202209 -0.475 125.227 -0.500
202212 1.077 125.222 1.133
202303 -0.480 127.348 -0.497
202306 -2.253 128.729 -2.306
202309 -0.099 129.860 -0.100
202312 -2.906 129.419 -2.959
202403 -3.918 131.776 -3.918

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


SolarEdge Technologies  (WBO:SEDG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=44.52/0.09
=494.67

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of SolarEdge Technologies was 666.90. The lowest was 85.71. And the median was 180.81.


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.


SolarEdge Technologies Cyclically Adjusted FCF per Share Related Terms

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


SolarEdge Technologies (WBO:SEDG) Business Description

Traded in Other Exchanges
Address
1 HaMada Street, Post Box 12001, Herziliya Pituach, ISR, 4673335
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.

SolarEdge Technologies (WBO:SEDG) Headlines

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