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SMA Solar Technology AG (WBO:S92) Cyclically Adjusted Price-to-FCF : 109.28 (As of Jun. 01, 2025)


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What is SMA Solar Technology AG Cyclically Adjusted Price-to-FCF?

As of today (2025-06-01), SMA Solar Technology AG's current share price is €19.67. SMA Solar Technology AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €0.18. SMA Solar Technology AG's Cyclically Adjusted Price-to-FCF for today is 109.28.

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

WBO:S92' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.26   Med: 58.83   Max: 6715
Current: 107.72

During the past years, SMA Solar Technology AG's highest Cyclically Adjusted Price-to-FCF was 6715.00. The lowest was 10.26. And the median was 58.83.

WBO:S92's Cyclically Adjusted Price-to-FCF is ranked worse than
83.33% of 354 companies
in the Semiconductors industry
Industry Median: 31.93 vs WBO:S92: 107.72

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.

SMA Solar Technology AG's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €2.768. 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 €0.18 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SMA Solar Technology AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SMA Solar Technology AG'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.

SMA Solar Technology AG Cyclically Adjusted Price-to-FCF Chart

SMA Solar Technology AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,521.87 - - 708.67 -

SMA Solar Technology AG 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 - - - - 83.17

Competitive Comparison of SMA Solar Technology AG's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, SMA Solar Technology 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.


SMA Solar Technology AG's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where SMA Solar Technology AG's Cyclically Adjusted Price-to-FCF falls into.


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SMA Solar Technology AG 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.

SMA Solar Technology AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.67/0.18
=109.28

* 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.

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

For example, SMA Solar Technology AG'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)
=2.768/127.7792*127.7792
=2.768

Current CPI (Mar. 2025) = 127.7792.

SMA Solar Technology AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.352 100.417 -0.448
201509 1.280 100.417 1.629
201512 0.915 99.717 1.173
201603 1.083 100.017 1.384
201606 0.031 100.717 0.039
201609 1.872 101.017 2.368
201612 0.344 101.217 0.434
201703 1.004 101.417 1.265
201706 -0.311 102.117 -0.389
201709 0.907 102.717 1.128
201712 0.809 102.617 1.007
201803 -0.093 102.917 -0.115
201806 -1.205 104.017 -1.480
201809 -0.626 104.718 -0.764
201812 -0.802 104.217 -0.983
201903 -0.487 104.217 -0.597
201906 -1.454 105.718 -1.757
201909 -0.349 106.018 -0.421
201912 1.461 105.818 1.764
202003 -1.661 105.718 -2.008
202006 -1.232 106.618 -1.477
202009 -0.194 105.818 -0.234
202012 1.065 105.518 1.290
202103 0.207 107.518 0.246
202106 -0.423 108.486 -0.498
202109 0.019 109.435 0.022
202112 1.545 110.384 1.788
202203 -0.577 113.968 -0.647
202206 -0.644 115.760 -0.711
202209 0.298 118.818 0.320
202212 -0.032 119.345 -0.034
202303 1.439 122.402 1.502
202306 0.883 123.140 0.916
202309 -0.055 124.195 -0.057
202312 -0.642 123.773 -0.663
202403 -1.842 125.038 -1.882
202406 -4.521 125.882 -4.589
202409 -0.521 126.198 -0.528
202412 1.040 127.041 1.046
202503 2.768 127.779 2.768

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.


SMA Solar Technology AG  (WBO:S92) 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.


SMA Solar Technology AG Cyclically Adjusted Price-to-FCF Related Terms

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


SMA Solar Technology AG Business Description

Address
Sonnenallee 1, Niestetal, DEU, 34266
SMA Solar Technology AG produces, develops, and sells systems and solutions for the efficient and sustainable generation, storage and use of solar energy. Its products include PV and battery inverters, monitoring systems for PV systems, charging solutions for electric vehicles as well as energy management systems, and digital services for the future energy supply. The company operates through the following segments; Home Solutions, Commercial & Industrial Solutions, and Large Scale & Project Solutions. The Large Scale & Project Solutions segment, which derives key revenue for the company, offers products, systems and solutions for industrial solar, storage and hydrogen projects as well as for the conversion of utility grids to a higher proportion of renewable energy.

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