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Soitec (XPAR:SOI) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Soitec Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Soitec Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Soitec'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.

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Soitec Cyclically Adjusted Price-to-FCF Chart

Soitec Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Soitec Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Soitec's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Soitec'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.


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

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

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



Soitec 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.

Soitec's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Soitec's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.936/116.7900*116.7900
=0.936

Current CPI (Mar23) = 116.7900.

Soitec Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -19.914 100.240 -23.202
201503 -0.629 100.170 -0.733
201603 -1.472 100.020 -1.719
201703 0.893 101.170 1.031
201803 0.261 102.750 0.297
201903 -1.855 103.890 -2.085
202003 0.456 104.590 0.509
202103 1.152 105.750 1.272
202203 1.325 110.490 1.401
202303 0.936 116.790 0.936

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.


Soitec  (XPAR:SOI) 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.


Soitec Cyclically Adjusted Price-to-FCF Related Terms

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Soitec (XPAR:SOI) Business Description

Industry
Traded in Other Exchanges
Address
Parc Technologique des Fontaines, Chemin des Franques, Bernin, FRA, 38190
Soitec is a French company that manufactures and sells engineered wafers for the semiconductor industry. Soitec is the number one provider of silicon-on-insulator, or SOI, wafers worldwide and also provides other engineered substrates like gallium nitride or silicon carbide. Soitec sells wafers to fabrication plants that use the them to produce chips. Soitec has facilities in France, Singapore, and China and plans to expand its capacity by 75% from 2022 to 2026.