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SPI Energy Co (SPI Energy Co) Cyclically Adjusted FCF per Share : $-10.81 (As of Sep. 2023)


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What is SPI Energy Co 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.

SPI Energy Co's adjusted free cash flow per share for the three months ended in Sep. 2023 was $0.286. 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 $-10.81 for the trailing ten years ended in Sep. 2023.

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.

As of today (2024-05-24), SPI Energy Co's current stock price is $0.61. SPI Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $-10.81. SPI Energy Co's Cyclically Adjusted Price-to-FCF of today is .


SPI Energy Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SPI Energy Co'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.

SPI Energy Co Cyclically Adjusted FCF per Share Chart

SPI Energy Co 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 - - - -22.38 -14.75

SPI Energy Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 -16.27 -14.75 -13.64 -12.43 -10.81

Competitive Comparison of SPI Energy Co's Cyclically Adjusted FCF per Share

For the Solar subindustry, SPI Energy Co'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.


SPI Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



SPI Energy Co 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, SPI Energy Co'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)
=0.286/129.8595*129.8595
=0.286

Current CPI (Sep. 2023) = 129.8595.

SPI Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201106 -6.646 95.235 -9.062
201109 -4.797 95.727 -6.507
201112 -1.197 95.213 -1.633
201203 -0.944 96.783 -1.267
201206 -5.581 96.819 -7.486
201209 -1.960 97.633 -2.607
201212 0.224 96.871 0.300
201303 -7.112 98.209 -9.404
201306 0.324 98.518 0.427
201309 1.320 98.790 1.735
201312 11.123 98.326 14.690
201403 -0.350 99.695 -0.456
201406 -3.560 100.560 -4.597
201409 -6.737 100.428 -8.711
201412 -4.525 99.070 -5.931
201503 -12.847 99.621 -16.747
201506 -10.049 100.684 -12.961
201509 -4.118 100.392 -5.327
201512 -2.530 99.792 -3.292
201606 0.000 101.688 0.000
201612 0.000 101.863 0.000
201706 0.000 103.349 0.000
201712 0.000 104.011 0.000
201806 0.000 106.317 0.000
201812 0.000 105.998 0.000
201906 0.000 108.070 0.000
201912 0.000 108.420 0.000
202006 0.000 108.767 0.000
202012 0.000 109.897 0.000
202103 -0.173 111.754 -0.201
202106 -0.546 114.631 -0.619
202109 -0.222 115.734 -0.249
202112 -0.199 117.630 -0.220
202203 -0.342 121.301 -0.366
202206 -0.173 125.017 -0.180
202209 -0.186 125.227 -0.193
202212 -0.224 125.222 -0.232
202303 -0.173 127.348 -0.176
202306 -0.074 128.729 -0.075
202309 0.286 129.860 0.286

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


SPI Energy Co  (NAS:SPI) 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.


SPI Energy Co Cyclically Adjusted FCF per Share Related Terms

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


SPI Energy Co (SPI Energy Co) Business Description

Industry
Traded in Other Exchanges
Address
4803 Urbani Avenue, McClellan Park, Sacramento, CA, USA, 95652
SPI Energy Co Ltd offers photovoltaic solutions for business, residential, government, and utility customers and investors. The company provides a range of engineering, procurement, and construction services to third-party project developers. It is also engaged in the development, manufacture, and marketing of various PV modules. It procures PV modules and other equipment for project construction from independent suppliers and contract work to third-party EPC contractors in areas such as logistics, installation, construction, and supervision. The company's geographical segments are the United Kingdom, Australia, United States, Greece, Japan, and Italy, of which the majority of its revenue comes from Australia.
Executives
Dejun Ye officer: Chief Executive Officer ROOM 502, NO.16, LANE 28, EAST GUILIN ST, XUHUI DISTRICT, SHANGHAI F4 200235
Yunan Ren director C/O TIGER MEDIA, INC. ROOM 1705, 511 WEIHAI ROAD, JING AN DISTRICT, SHANGHAI F4 200041
Jing Liu officer: Chief Financial Officer RM 1708 YINGU PLZA NO.9 OF N 4TH, RING ROAD WEST HAIDIAN DISTRICT, BEIJING F4 100080
Gang Dong director 2512,COSCO TOWER, 183 QUEEN'S ROAD CENTRAL, SHEUNG WAN K3 852
Xiaofeng Pen director 7TH FLOOR, BUILDING B, 2145 LONG, JINSHAJIANG ROAD, PUTUO DISTRICT, SHANGHAI F4 200333
Hoong Khoeng Cheong officer: Chief Operating Officer #04-152, BLOCK 532, BUKIT BATOK ST 5 1, SINGAPORE U0 650532
Lang Zhou director LDK SOLAR, SAIWEI ROAD, HIGH-TEC ZONE, XINYU F4 338000
Xiahou Min director, officer: Chief Executive Officer LDK SOLAR,SAIWEI ROAD, HIGH-TECH ZONE, XINYU CITY F4 338000
Charlotte Xi Klein officer: President, Global COO, CFO 201 CALIFORNIA STREET, SUITE 1250, SAN FRANCISCO CA 94111
James Pekarsky officer: Chief Financial Officer 1349A OLIVE STREET, SAN CARLO CA 94070
Dennis Wu director SOLAR POWER INC, 2240 DOUGLAS BLVD, SUITE 200, ROSEVILLE CA 95661
Ldk Solar Co., Ltd. 10 percent owner HIGH-TECH INDUSTRIAL PARK, XINYU CITY, JIANGXI PROVINCE F4 338032
Jack K Lai director C/O LDK SOLAR USA, INC., 1290 OAKMEAD PARKWAY, SUITE 306, SUNNYVALE CA 94085
Peng Xiaofeng director #15, 35/F WEST TOWER, SHUN TAK CENTRE, 200 CONNAUGHT ROAD, CENTRAL K3 00000
Joseph Bedewi officer: Chief Financial Officer SOLAR POWER INC, 1115 ORLANDO AVE, ROSEVILLE CA 95661