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SolarEdge Technologies (WBO:SEDG) Cyclically Adjusted Price-to-FCF : (As of Jan. 19, 2025)


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What is SolarEdge Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


SolarEdge Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SolarEdge Technologies'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.

SolarEdge Technologies Cyclically Adjusted Price-to-FCF Chart

SolarEdge Technologies Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 191.05

SolarEdge Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 155.98 191.05 731.83 - -

Competitive Comparison of SolarEdge Technologies's Cyclically Adjusted Price-to-FCF

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 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.

SolarEdge Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, SolarEdge Technologies's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-1.757/133.0289*133.0289
=-1.757

Current CPI (Sep. 2024) = 133.0289.

SolarEdge Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.161 99.070 0.216
201503 -2.364 99.621 -3.157
201506 0.276 100.684 0.365
201509 0.037 100.392 0.049
201512 0.224 99.792 0.299
201603 0.190 100.470 0.252
201606 0.280 101.688 0.366
201609 0.416 101.861 0.543
201612 0.364 101.863 0.475
201703 0.508 102.862 0.657
201706 0.514 103.349 0.662
201709 0.508 104.136 0.649
201712 0.679 104.011 0.868
201803 0.896 105.290 1.132
201806 0.600 106.317 0.751
201809 0.456 106.507 0.570
201812 0.707 105.998 0.887
201903 0.827 107.251 1.026
201906 0.694 108.070 0.854
201909 0.911 108.329 1.119
201912 0.886 108.420 1.087
202003 1.400 108.902 1.710
202006 0.552 108.767 0.675
202009 -0.135 109.815 -0.164
202012 -0.139 109.897 -0.168
202103 -0.007 111.754 -0.008
202106 -0.030 114.631 -0.035
202109 0.500 115.734 0.575
202112 0.544 117.630 0.615
202203 -3.325 121.301 -3.646
202206 0.464 125.017 0.494
202209 -0.475 125.227 -0.505
202212 1.077 125.222 1.144
202303 -0.480 127.348 -0.501
202306 -2.253 128.729 -2.328
202309 -0.099 129.860 -0.101
202312 -2.906 129.419 -2.987
202403 -3.918 131.776 -3.955
202406 -1.261 132.554 -1.266
202409 -1.757 133.029 -1.757

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.


SolarEdge Technologies  (WBO:SEDG) 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.


SolarEdge Technologies Cyclically Adjusted Price-to-FCF Related Terms

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SolarEdge Technologies 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.