GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lasertec Corp (TSE:6920) » Definitions » Cyclically Adjusted Price-to-FCF

Lasertec (TSE:6920) Cyclically Adjusted Price-to-FCF : 106.94 (As of Jun. 05, 2025)


View and export this data going back to 2012. Start your Free Trial

What is Lasertec Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Lasertec's current share price is 円14730.00. Lasertec's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was 円137.74. Lasertec's Cyclically Adjusted Price-to-FCF for today is 106.94.

The historical rank and industry rank for Lasertec's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSE:6920' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 42.17   Med: 315.46   Max: 844.51
Current: 106.04

During the past years, Lasertec's highest Cyclically Adjusted Price-to-FCF was 844.51. The lowest was 42.17. And the median was 315.46.

TSE:6920's Cyclically Adjusted Price-to-FCF is ranked worse than
81.13% of 355 companies
in the Semiconductors industry
Industry Median: 31.78 vs TSE:6920: 106.04

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.

Lasertec's adjusted free cash flow per share data for the three months ended in Mar. 2025 was 円423.855. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is 円137.74 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lasertec Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lasertec's Cyclically Adjusted Price-to-FCF 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.

Lasertec Cyclically Adjusted Price-to-FCF Chart

Lasertec Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 235.11 461.14 460.32 372.60 409.25

Lasertec Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 516.36 409.25 264.17 155.74 92.06

Competitive Comparison of Lasertec's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Lasertec'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.


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

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

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


;
;

Lasertec Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Lasertec's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14730.00/137.74
=106.94

* 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.

Lasertec's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Lasertec's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=423.855/111.1000*111.1000
=423.855

Current CPI (Mar. 2025) = 111.1000.

Lasertec Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 11.862 98.400 13.393
201509 -4.142 98.500 -4.672
201512 17.679 98.100 20.022
201603 -1.769 97.900 -2.008
201606 18.314 98.100 20.741
201609 7.274 98.000 8.246
201612 -17.233 98.400 -19.457
201703 -0.024 98.100 -0.027
201706 41.934 98.500 47.298
201709 21.271 98.800 23.919
201712 10.893 99.400 12.175
201803 -13.665 99.200 -15.304
201806 6.238 99.200 6.986
201809 21.875 99.900 24.327
201812 48.938 99.700 54.534
201903 -4.382 99.700 -4.883
201906 -12.696 99.800 -14.134
201909 18.682 100.100 20.735
201912 8.949 100.500 9.893
202003 129.590 100.300 143.544
202006 5.478 99.900 6.092
202009 -66.862 99.900 -74.358
202012 -7.281 99.300 -8.146
202103 45.165 99.900 50.229
202106 104.886 99.500 117.114
202109 2.428 100.100 2.695
202112 -53.610 100.100 -59.501
202203 80.980 101.100 88.990
202206 -127.552 101.800 -139.205
202209 -44.631 103.100 -48.094
202212 56.143 104.100 59.918
202303 143.090 104.400 152.273
202306 67.006 105.200 70.764
202309 147.229 106.200 154.022
202312 41.682 106.800 43.360
202403 55.483 107.200 57.502
202406 85.585 108.200 87.879
202409 -16.730 108.900 -17.068
202412 63.481 110.700 63.710
202503 423.855 111.100 423.855

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


Lasertec  (TSE:6920) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Lasertec Cyclically Adjusted Price-to-FCF Related Terms

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


Lasertec Business Description

Industry
Traded in Other Exchanges
Address
2-10-1 Shin-Yokohama, 10-1222-8552 Kohoku-ku, Yokohama-shi, Yokohama Prefecture, Yokohama, JPN
Lasertec Corp is a Japan based company engaged in developing, manufacturing, selling and servicing the semiconductor related equipment, energy and environment related equipment, FPD related equipment and laser microscopes.

Lasertec Headlines

No Headlines