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Sequans Communications (Sequans Communications) Cyclically Adjusted FCF per Share : $-1.36 (As of Sep. 2023)


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What is Sequans Communications 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.

Sequans Communications's adjusted free cash flow per share for the three months ended in Sep. 2023 was $-0.101. 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 $-1.36 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.90% 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 Sequans Communications was 1.90% per year. The lowest was 1.90% per year. And the median was 1.90% per year.

As of today (2024-04-28), Sequans Communications's current stock price is $0.5252. Sequans Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $-1.36. Sequans Communications's Cyclically Adjusted Price-to-FCF of today is .


Sequans Communications Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sequans Communications'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.

Sequans Communications Cyclically Adjusted FCF per Share Chart

Sequans Communications Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.59 -1.70 -1.73 -1.50

Sequans Communications Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1.59 -1.50 -1.43 -1.38 -1.36

Competitive Comparison of Sequans Communications's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Sequans Communications'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.


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

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

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



Sequans Communications 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, Sequans Communications's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.101/118.2600*118.2600
=-0.101

Current CPI (Sep. 2023) = 118.2600.

Sequans Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.880 99.800 -1.043
201403 -0.623 100.240 -0.735
201406 -0.438 100.180 -0.517
201409 -0.508 99.920 -0.601
201412 -0.503 99.860 -0.596
201503 -0.283 100.170 -0.334
201506 -0.587 100.440 -0.691
201509 -0.263 99.950 -0.311
201512 -0.347 100.040 -0.410
201603 0.178 100.020 0.210
201606 -0.390 100.630 -0.458
201609 -0.680 100.340 -0.801
201612 -0.394 100.650 -0.463
201703 -0.551 101.170 -0.644
201706 -0.331 101.320 -0.386
201709 -0.355 101.330 -0.414
201712 -0.569 101.850 -0.661
201803 -0.297 102.750 -0.342
201806 -0.451 103.370 -0.516
201809 -0.193 103.560 -0.220
201812 -0.425 103.470 -0.486
201903 -0.265 103.890 -0.302
201906 -0.075 104.580 -0.085
201909 -0.046 104.500 -0.052
201912 0.576 104.980 0.649
202003 -0.422 104.590 -0.477
202006 -0.183 104.790 -0.207
202009 -0.420 104.550 -0.475
202012 -0.173 104.960 -0.195
202103 0.095 105.750 0.106
202106 -0.339 106.340 -0.377
202109 -0.443 106.810 -0.490
202112 -0.266 107.850 -0.292
202203 -0.178 110.490 -0.191
202206 -0.256 112.550 -0.269
202209 -0.155 112.740 -0.163
202212 0.068 114.160 0.070
202303 -0.064 116.790 -0.065
202306 -0.283 117.650 -0.284
202309 -0.101 118.260 -0.101

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


Sequans Communications  (NYSE:SQNS) 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.


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.


Sequans Communications Cyclically Adjusted FCF per Share Related Terms

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


Sequans Communications (Sequans Communications) Business Description

Traded in Other Exchanges
Address
15-55 Boulevard Charles de Gaulle, Colombes, FRA, 92700
Sequans Communications SA is a designer, developer, and supplier of cellular semiconductor solutions for broadband Internet of Things (IoT) markets. Its solutions incorporate baseband processor and radio frequency, transceiver integrated circuits, along with its proprietary signal processing techniques, algorithms, and software stacks. The company's solutions serve as the core wireless broadband communications platform in devices, including smartphones, USB dongles, portable routers, laptops, netbooks, tablets, and other consumer multimedia and industrial devices. Its geographical segments are Taiwan, Korea, China (including Hong Kong), the Rest of Asia, the United States, and the Rest of the world.