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Seagate Technology Holdings (HAM:847) Cyclically Adjusted FCF per Share : €4.90 (As of Mar. 2024)


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What is Seagate Technology Holdings 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.

Seagate Technology Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.553. 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 €4.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seagate Technology Holdings's average Cyclically Adjusted FCF Growth Rate was -5.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.40% 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 Seagate Technology Holdings was 24.10% per year. The lowest was 5.20% per year. And the median was 10.20% per year.

As of today (2024-05-17), Seagate Technology Holdings's current stock price is €90.59. Seagate Technology Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.90. Seagate Technology Holdings's Cyclically Adjusted Price-to-FCF of today is 18.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Seagate Technology Holdings was 24.68. The lowest was 5.80. And the median was 12.63.


Seagate Technology Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Seagate Technology Holdings'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.

Seagate Technology Holdings Cyclically Adjusted FCF per Share Chart

Seagate Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 4.22 4.27 5.44 5.12

Seagate Technology Holdings 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 4.92 5.12 5.15 4.82 4.90

Competitive Comparison of Seagate Technology Holdings's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Seagate Technology Holdings'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.


Seagate Technology Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Seagate Technology Holdings 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, Seagate Technology Holdings'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)
=0.553/120.9901*120.9901
=0.553

Current CPI (Mar. 2024) = 120.9901.

Seagate Technology Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.980 100.773 1.177
201409 0.990 100.474 1.192
201412 2.964 99.576 3.601
201503 0.602 99.975 0.729
201506 0.083 100.573 0.100
201509 1.779 100.274 2.147
201512 0.747 99.676 0.907
201603 0.331 99.676 0.402
201606 0.366 101.072 0.438
201609 1.335 100.274 1.611
201612 1.781 99.676 2.162
201703 1.035 100.374 1.248
201706 0.414 100.673 0.498
201709 0.325 100.474 0.391
201712 2.245 100.075 2.714
201803 1.363 100.573 1.640
201806 1.079 101.072 1.292
201809 1.203 101.371 1.436
201812 0.493 100.773 0.592
201903 0.907 101.670 1.079
201906 0.952 102.168 1.127
201909 1.039 102.268 1.229
201912 0.971 102.068 1.151
202003 0.895 102.367 1.058
202006 0.929 101.769 1.104
202009 0.610 101.072 0.730
202012 1.028 101.072 1.231
202103 0.971 102.367 1.148
202106 1.261 103.364 1.476
202109 1.395 104.859 1.610
202112 1.676 106.653 1.901
202203 1.485 109.245 1.645
202206 0.469 112.779 0.503
202209 0.539 113.504 0.575
202212 0.788 115.436 0.826
202303 0.785 117.609 0.808
202306 0.749 119.662 0.757
202309 0.257 120.749 0.258
202312 0.434 120.749 0.435
202403 0.553 120.990 0.553

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


Seagate Technology Holdings  (HAM:847) 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.

Seagate Technology Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=90.59/4.9
=18.49

* 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 Seagate Technology Holdings was 24.68. The lowest was 5.80. And the median was 12.63.


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.


Seagate Technology Holdings Cyclically Adjusted FCF per Share Related Terms

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


Seagate Technology Holdings (HAM:847) Business Description

Address
38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

Seagate Technology Holdings (HAM:847) Headlines

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