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TE Connectivity (BSP:T1EL34) Cyclically Adjusted FCF per Share : R$10.72 (As of Mar. 2024)


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What is TE Connectivity 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.

TE Connectivity's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$4.361. 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 R$10.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TE Connectivity's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of TE Connectivity was 11.30% per year. The lowest was 6.90% per year. And the median was 8.65% per year.

As of today (2024-04-28), TE Connectivity's current stock price is R$301.62. TE Connectivity's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$10.72. TE Connectivity's Cyclically Adjusted Price-to-FCF of today is 28.14.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TE Connectivity was 39.82. The lowest was 15.14. And the median was 26.90.


TE Connectivity Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TE Connectivity'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.

TE Connectivity Cyclically Adjusted FCF per Share Chart

TE Connectivity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10.09 11.52 12.12 12.67

TE Connectivity 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 11.63 10.62 12.67 10.86 10.72

Competitive Comparison of TE Connectivity's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, TE Connectivity'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.


TE Connectivity's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



TE Connectivity 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, TE Connectivity'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)
=4.361/106.4611*106.4611
=4.361

Current CPI (Mar. 2024) = 106.4611.

TE Connectivity Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.903 101.517 0.947
201409 1.567 101.247 1.648
201412 0.512 100.704 0.541
201503 0.920 100.339 0.976
201506 1.745 100.464 1.849
201509 2.246 99.785 2.396
201512 1.249 99.386 1.338
201603 0.121 99.475 0.129
201606 2.693 100.088 2.864
201609 2.283 99.604 2.440
201612 1.280 99.380 1.371
201703 1.577 100.040 1.678
201706 1.657 100.285 1.759
201709 2.850 100.254 3.026
201712 0.529 100.213 0.562
201803 0.810 100.836 0.855
201806 3.032 101.435 3.182
201809 3.886 101.246 4.086
201812 0.491 100.906 0.518
201903 2.062 101.571 2.161
201906 2.969 102.044 3.098
201909 4.272 101.396 4.485
201912 1.431 101.063 1.507
202003 2.546 101.048 2.682
202006 1.965 100.743 2.077
202009 4.916 100.585 5.203
202012 3.847 100.241 4.086
202103 3.695 100.800 3.903
202106 3.866 101.352 4.061
202109 4.264 101.533 4.471
202112 3.084 101.776 3.226
202203 1.781 103.205 1.837
202206 2.913 104.783 2.960
202209 5.997 104.835 6.090
202212 3.272 104.666 3.328
202303 3.644 106.245 3.651
202306 4.693 106.576 4.688
202309 7.424 106.570 7.416
202312 4.446 106.461 4.446
202403 4.361 106.461 4.361

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


TE Connectivity  (BSP:T1EL34) 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.

TE Connectivity's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=301.62/10.72
=28.14

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of TE Connectivity was 39.82. The lowest was 15.14. And the median was 26.90.


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.


TE Connectivity Cyclically Adjusted FCF per Share Related Terms

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


TE Connectivity (BSP:T1EL34) Business Description

Industry
Traded in Other Exchanges
Address
Muhlenstrasse 26, Schaffhausen, CHE, CH-8200
TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.

TE Connectivity (BSP:T1EL34) Headlines

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