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Diodes (FRA:DDQ) Cyclically Adjusted FCF per Share : €2.15 (As of Mar. 2024)


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What is Diodes 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.

Diodes's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.024. 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 €2.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Diodes's average Cyclically Adjusted FCF Growth Rate was -3.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 24.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 18.30% 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 Diodes was 175.90% per year. The lowest was -10.10% per year. And the median was 20.20% per year.

As of today (2024-06-08), Diodes's current stock price is €67.00. Diodes's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.15. Diodes's Cyclically Adjusted Price-to-FCF of today is 31.16.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Diodes was 72.87. The lowest was 25.10. And the median was 40.18.


Diodes Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Diodes'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.

Diodes Cyclically Adjusted FCF per Share Chart

Diodes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.95 1.60 2.14 2.27

Diodes 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 2.18 2.26 2.36 2.27 2.15

Competitive Comparison of Diodes's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Diodes'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.


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

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

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



Diodes 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, Diodes'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)
=-1.024/131.7762*131.7762
=-1.024

Current CPI (Mar. 2024) = 131.7762.

Diodes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.336 100.560 0.440
201409 0.220 100.428 0.289
201412 0.103 99.070 0.137
201503 0.284 99.621 0.376
201506 -0.162 100.684 -0.212
201509 -0.047 100.392 -0.062
201512 -0.342 99.792 -0.452
201603 0.221 100.470 0.290
201606 0.016 101.688 0.021
201609 0.269 101.861 0.348
201612 0.720 101.863 0.931
201703 0.499 102.862 0.639
201706 -0.088 103.349 -0.112
201709 0.048 104.136 0.061
201712 0.778 104.011 0.986
201803 0.358 105.290 0.448
201806 0.220 106.317 0.273
201809 0.275 106.507 0.340
201812 0.796 105.998 0.990
201903 0.881 107.251 1.082
201906 0.146 108.070 0.178
201909 0.732 108.329 0.890
201912 0.510 108.420 0.620
202003 0.681 108.902 0.824
202006 0.279 108.767 0.338
202009 0.353 109.815 0.424
202012 0.543 109.897 0.651
202103 0.947 111.754 1.117
202106 1.207 114.631 1.388
202109 1.077 115.734 1.226
202112 0.427 117.630 0.478
202203 0.669 121.301 0.727
202206 0.938 125.017 0.989
202209 1.370 125.227 1.442
202212 0.797 125.222 0.839
202303 1.048 127.348 1.084
202306 1.110 128.729 1.136
202309 0.235 129.860 0.238
202312 0.219 129.419 0.223
202403 -1.024 131.776 -1.024

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


Diodes  (FRA:DDQ) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=67.00/2.15
=31.16

* 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 Diodes was 72.87. The lowest was 25.10. And the median was 40.18.


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.


Diodes Cyclically Adjusted FCF per Share Related Terms

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


Diodes (FRA:DDQ) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Diodes Inc (FRA:DDQ) » Definitions » Cyclically Adjusted FCF per Share
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Address
4949 Hedgcoxe Road, Suite 200, Plano, TX, USA, 75024
Diodes Inc is a manufacturer and supplier of high-quality application-specific products within the broad discrete, logic, analog, and mixed-signal semiconductor markets. It serves the customer electronics, computing, communications, industrial, and automotive markets. The Company's products include diodes; rectifiers; transistors; MOSFETs; GPP bridges; GPP rectifiers; protection devices; function-specific arrays; single gate logic; amplifiers and comparators; Hall-effect and temperature sensors; and power management devices, including LED drivers, AC-DC converters and controllers, DC-DC switching and linear voltage regulators, voltage references along with special-function devices, such as USB power switches, load switches, voltage supervisors, and motor controllers.

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