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Infineon Technologies AG (WBO:IFX) Cyclically Adjusted FCF per Share : €0.59 (As of Dec. 2023)


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What is Infineon Technologies AG 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.

Infineon Technologies AG's adjusted free cash flow per share for the three months ended in Dec. 2023 was €-0.612. 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 €0.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Infineon Technologies AG's average Cyclically Adjusted FCF Growth Rate was -1.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 34.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 30.70% 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 Infineon Technologies AG was 184.40% per year. The lowest was -57.10% per year. And the median was 35.80% per year.

As of today (2024-04-29), Infineon Technologies AG's current stock price is €32.935. Infineon Technologies AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.59. Infineon Technologies AG's Cyclically Adjusted Price-to-FCF of today is 55.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Infineon Technologies AG was 1654.00. The lowest was 40.33. And the median was 86.60.


Infineon Technologies AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Infineon Technologies AG'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.

Infineon Technologies AG Cyclically Adjusted FCF per Share Chart

Infineon Technologies AG 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 0.23 0.27 0.37 0.60 0.66

Infineon Technologies AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.60 0.62 0.63 0.66 0.59

Competitive Comparison of Infineon Technologies AG's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Infineon Technologies 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.


Infineon Technologies AG's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Infineon Technologies AG 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, Infineon Technologies AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.612/123.6675*123.6675
=-0.612

Current CPI (Dec. 2023) = 123.6675.

Infineon Technologies AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.038 99.543 0.047
201406 0.074 99.543 0.092
201409 0.138 99.823 0.171
201412 -0.285 99.543 -0.354
201503 -0.010 99.717 -0.012
201506 0.191 100.417 0.235
201509 0.131 100.417 0.161
201512 -0.006 99.717 -0.007
201603 0.027 100.017 0.033
201606 0.243 100.717 0.298
201609 0.146 101.017 0.179
201612 0.069 101.217 0.084
201703 0.069 101.417 0.084
201706 0.263 102.117 0.319
201709 0.217 102.717 0.261
201712 -0.114 102.617 -0.137
201803 0.040 102.917 0.048
201806 0.160 104.017 0.190
201809 0.123 104.718 0.145
201812 -0.087 104.217 -0.103
201903 -0.120 104.217 -0.142
201906 0.042 105.718 0.049
201909 0.268 106.018 0.313
201912 0.332 105.818 0.388
202003 0.084 105.718 0.098
202006 0.210 106.618 0.244
202009 0.318 105.818 0.372
202012 0.233 105.518 0.273
202103 0.314 107.518 0.361
202106 0.369 108.486 0.421
202109 0.286 109.435 0.323
202112 0.297 110.384 0.333
202203 0.092 113.968 0.100
202206 0.347 115.760 0.371
202209 0.546 118.818 0.568
202212 0.019 119.345 0.020
202303 0.060 122.402 0.061
202306 0.203 123.140 0.204
202309 0.456 124.195 0.454
202312 -0.612 123.668 -0.612

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


Infineon Technologies AG  (WBO:IFX) 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.

Infineon Technologies AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=32.935/0.59
=55.82

* 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 Infineon Technologies AG was 1654.00. The lowest was 40.33. And the median was 86.60.


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.


Infineon Technologies AG Cyclically Adjusted FCF per Share Related Terms

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


Infineon Technologies AG (WBO:IFX) Business Description

Industry
Address
Am Campeon 1-15, Neubiberg, Munich, DEU, 85579
Infineon Technologies AG headquartered in Munich, was spun off from German industrial conglomerate Siemens in 2000 and today is one of Europe's largest chipmakers. The company is a leader in the automotive semiconductor market with prominent products used in active safety and powertrain content within vehicles. Infineon is also the market leader in power semiconductors used to deliver voltage within a wide variety of electrical systems. The company operates in four segments: automotive, or ATV, green industrial power, or GIP, power and sensor systems, or PSS, and connected secure systems, or CSS.

Infineon Technologies AG (WBO:IFX) Headlines

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