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SunPower (SunPower) Cyclically Adjusted FCF per Share : $-3.55 (As of Dec. 2023)


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What is SunPower 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.

SunPower's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.301. 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 $-3.55 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -6.00% 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 SunPower was -1.50% per year. The lowest was -11.80% per year. And the median was -4.60% per year.

As of today (2024-04-28), SunPower's current stock price is $1.99. SunPower's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-3.55. SunPower's Cyclically Adjusted Price-to-FCF of today is .


SunPower Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SunPower'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.

SunPower Cyclically Adjusted FCF per Share Chart

SunPower 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 -3.12 -3.26 -3.21 -3.30 -3.55

SunPower 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 -3.30 -3.56 -3.53 -3.55 -3.55

Competitive Comparison of SunPower's Cyclically Adjusted FCF per Share

For the Solar subindustry, SunPower'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.


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

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

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



SunPower 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, SunPower'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)
=-0.301/129.4194*129.4194
=-0.301

Current CPI (Dec. 2023) = 129.4194.

SunPower Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.166 99.695 0.215
201406 -0.982 100.560 -1.264
201409 -0.438 100.428 -0.564
201412 0.238 99.070 0.311
201503 -1.196 99.621 -1.554
201506 -1.839 100.684 -2.364
201509 -1.414 100.392 -1.823
201512 -3.110 99.792 -4.033
201603 -3.208 100.470 -4.132
201606 -2.691 101.688 -3.425
201609 -1.467 101.861 -1.864
201612 2.828 101.863 3.593
201703 -1.279 102.862 -1.609
201706 -1.472 103.349 -1.843
201709 -0.665 104.136 -0.826
201712 -0.534 104.011 -0.664
201803 -1.915 105.290 -2.354
201806 -1.095 106.317 -1.333
201809 -1.361 106.507 -1.654
201812 -0.793 105.998 -0.968
201903 -1.293 107.251 -1.560
201906 -0.650 108.070 -0.778
201909 -0.500 108.329 -0.597
201912 -0.070 108.420 -0.084
202003 -1.051 108.902 -1.249
202006 0.073 108.767 0.087
202009 -0.246 109.815 -0.290
202012 0.067 109.897 0.079
202103 -0.251 111.754 -0.291
202106 0.088 114.631 0.099
202109 -0.134 115.734 -0.150
202112 -0.030 117.630 -0.033
202203 -0.685 121.301 -0.731
202206 -0.402 125.017 -0.416
202209 -0.114 125.227 -0.118
202212 -0.142 125.222 -0.147
202303 -0.870 127.348 -0.884
202306 -0.200 128.729 -0.201
202309 0.177 129.860 0.176
202312 -0.301 129.419 -0.301

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


SunPower  (NAS:SPWR) 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.


SunPower Cyclically Adjusted FCF per Share Related Terms

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


SunPower (SunPower) Business Description

Industry
Traded in Other Exchanges
Address
51 Rio Robles, San Jose, CA, USA, 95134
SunPower is a leading solar technology and energy services provider that offers fully integrated solar, storage, and home energy solutions to customers primarily in the United States and Canada through an array of hardware, software, and financing options and smart energy solutions. The company's sales channels include a network of both installing and noninstalling dealers and resellers that operate in residential and commercial markets as well as a group of in-house sales teams in each segment engaged in direct sales to end customers.
Executives
Elizabeth Lynne Eby officer: EVP, CFO 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Jennifer Johnston officer: EVP, Chief Operating Officer 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Audrey Zibelman director 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Steve Louden director C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Vichheka Heang officer: Principal Accounting Officer 77 RIO ROBLES, C/O SUNPOWER CORPORATION, SAN JOSE CA 95134
June Sauvaget officer: EVP, Chief Marketing Officer 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Eileen Evans officer: EVP, Chief Legal Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Nathaniel Anschuetz director C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Jonathan Bram director C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Guthrie Dundas officer: Interim CFO 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Gip Iii Sol Holdings, L.p. director, 10 percent owner 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Global Infrastructure Investors Iii, Llc director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Global Infrastructure Gp Iii, L.p. director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Gip Iii Sol Acquisition, Llc director, 10 percent owner 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Totalenergies Gestion Usa Sarl 10 percent owner LA DEFENSE 6 2 PLACE JEAN MILLIER, COURBEVOIE, HAUTS-DE-SEINE I0 92400

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