GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » BE Semiconductor Industries NV (OTCPK:BESIY) » Definitions » Cyclically Adjusted Price-to-FCF

BE Semiconductor Industries NV (BE Semiconductor Industries NV) Cyclically Adjusted Price-to-FCF : 63.07 (As of Apr. 27, 2024)


View and export this data going back to 1995. Start your Free Trial

What is BE Semiconductor Industries NV Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), BE Semiconductor Industries NV's current share price is $142.54. BE Semiconductor Industries NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.26. BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF for today is 63.07.

The historical rank and industry rank for BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BESIY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.24   Med: 46.62   Max: 452
Current: 62.57

During the past years, BE Semiconductor Industries NV's highest Cyclically Adjusted Price-to-FCF was 452.00. The lowest was 22.24. And the median was 46.62.

BESIY's Cyclically Adjusted Price-to-FCF is ranked worse than
67.16% of 341 companies
in the Semiconductors industry
Industry Median: 35.23 vs BESIY: 62.57

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 Semiconductor Industries NV's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.661. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BE Semiconductor Industries NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BE Semiconductor Industries NV'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.

BE Semiconductor Industries NV Cyclically Adjusted Price-to-FCF Chart

BE Semiconductor Industries NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.31 44.87 53.04 31.46 67.33

BE Semiconductor Industries NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 42.53 51.78 46.31 67.33 68.08

Competitive Comparison of BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, BE Semiconductor Industries NV'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.


BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF falls into.



BE Semiconductor Industries NV 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.

BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=142.54/2.26
=63.07

* 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.

BE Semiconductor Industries NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, BE Semiconductor Industries NV'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)
=0.661/126.4000*126.4000
=0.661

Current CPI (Mar. 2024) = 126.4000.

BE Semiconductor Industries NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.017 99.240 0.022
201409 0.390 99.960 0.493
201412 0.509 99.050 0.650
201503 0.178 99.750 0.226
201506 0.230 100.230 0.290
201509 0.262 100.500 0.330
201512 0.427 99.730 0.541
201603 0.252 100.310 0.318
201606 0.198 100.260 0.250
201609 0.400 100.570 0.503
201612 0.397 100.710 0.498
201703 0.204 101.440 0.254
201706 0.381 101.370 0.475
201709 0.593 102.030 0.735
201712 1.057 101.970 1.310
201803 0.732 102.470 0.903
201806 0.021 103.100 0.026
201809 0.854 103.950 1.038
201812 0.700 103.970 0.851
201903 0.597 105.370 0.716
201906 -0.080 105.840 -0.096
201909 0.460 106.700 0.545
201912 0.423 106.800 0.501
202003 0.294 106.850 0.348
202006 0.247 107.510 0.290
202009 0.773 107.880 0.906
202012 0.636 107.850 0.745
202103 0.264 108.870 0.307
202106 0.632 109.670 0.728
202109 1.267 110.790 1.446
202112 1.245 114.010 1.380
202203 0.493 119.460 0.522
202206 0.264 119.050 0.280
202209 1.210 126.890 1.205
202212 0.987 124.940 0.999
202303 0.701 124.720 0.710
202306 0.276 125.830 0.277
202309 0.757 127.160 0.752
202312 0.612 126.400 0.612
202403 0.661 126.400 0.661

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.


BE Semiconductor Industries NV  (OTCPK:BESIY) 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.


BE Semiconductor Industries NV Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of BE Semiconductor Industries NV's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


BE Semiconductor Industries NV (BE Semiconductor Industries NV) Business Description

Address
Ratio 6, Duiven, NLD, 6921 RW
Besi provides equipment for the semiconductor assembly and packaging market (known as the back-end). Besi is one of the market leaders with a focused portfolio and flexible business operations, which allow it to maintain leading gross and operating margins. Besi's main clients are the world's largest foundries (TSMC, Samsung, and Intel) as well as integrated device manufacturers.