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Ambarella (Ambarella) Cyclically Adjusted FCF per Share : $1.86 (As of Jan. 2024)


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What is Ambarella 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.

Ambarella's adjusted free cash flow per share for the three months ended in Jan. 2024 was $-0.148. 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 $1.86 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Ambarella's average Cyclically Adjusted FCF Growth Rate was -3.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.00% 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 Ambarella was 3.00% per year. The lowest was 3.00% per year. And the median was 3.00% per year.

As of today (2024-04-30), Ambarella's current stock price is $45.97. Ambarella's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $1.86. Ambarella's Cyclically Adjusted Price-to-FCF of today is 24.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ambarella was 118.07. The lowest was 22.04. And the median was 40.66.


Ambarella Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ambarella'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.

Ambarella Cyclically Adjusted FCF per Share Chart

Ambarella Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.70 1.79 1.93 1.86

Ambarella Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.93 2.00 1.93 1.93 1.86

Competitive Comparison of Ambarella's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, Ambarella'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.


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

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

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



Ambarella 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, Ambarella's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.148/129.4194*129.4194
=-0.148

Current CPI (Jan. 2024) = 129.4194.

Ambarella Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.316 100.023 0.409
201407 0.255 100.520 0.328
201410 0.510 100.176 0.659
201501 0.490 98.604 0.643
201504 0.729 99.824 0.945
201507 0.950 100.691 1.221
201510 1.042 100.346 1.344
201601 0.875 99.957 1.133
201604 0.444 100.947 0.569
201607 0.643 101.524 0.820
201610 1.212 101.988 1.538
201701 0.915 102.456 1.156
201704 0.636 103.167 0.798
201707 0.281 103.278 0.352
201710 0.759 104.070 0.944
201801 0.686 104.578 0.849
201804 -0.018 105.708 -0.022
201807 0.169 106.324 0.206
201810 0.097 106.695 0.118
201901 0.418 106.200 0.509
201904 0.148 107.818 0.178
201907 0.233 108.250 0.279
201910 0.642 108.577 0.765
202001 0.111 108.841 0.132
202004 0.212 108.173 0.254
202007 -0.077 109.318 -0.091
202010 0.351 109.861 0.413
202101 0.257 110.364 0.301
202104 -0.181 112.673 -0.208
202107 0.347 115.183 0.390
202110 0.150 116.696 0.166
202201 0.461 118.619 0.503
202204 0.765 121.978 0.812
202207 -0.103 125.002 -0.107
202210 0.028 125.734 0.029
202301 0.079 126.223 0.081
202304 0.501 127.992 0.507
202307 -0.308 128.974 -0.309
202310 0.138 129.810 0.138
202401 -0.148 129.419 -0.148

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


Ambarella  (NAS:AMBA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=45.97/1.86
=24.72

* 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 Ambarella was 118.07. The lowest was 22.04. And the median was 40.66.


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.


Ambarella Cyclically Adjusted FCF per Share Related Terms

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


Ambarella (Ambarella) Business Description

Industry
Traded in Other Exchanges
Address
3101 Jay Street, Santa Clara, CA, USA, 95054
Ambarella Inc is a developer of semiconductor processing solutions for high-definition video capture, sharing, and display. The firm's solutions are sold to original design manufacturers and original equipment manufacturers to be designed for use in infrastructure broadcast encoders, wearable device cameras, automotive cameras, and security cameras. Ambarella's system-on-a-chip designs, based on its proprietary technology platform, are highly configurable to applications in various end markets. Geographical presence in Taiwan, Asia Pacific, Europe, North America and United States. The firm derives majority of revenue from Taiwan.
Executives
Christopher B Paisley director 14870 THREE OAKS COURT, SARATOGA CA 95070
Chi-hong Ju officer: Sr. Vice President, Systems 3101 JAY STREET, SANTA CLARA CA 95054
Chan W Lee officer: Chief Operating Officer 3101 JAY STREET, SANTA CLARA CA 95054
Brian C White officer: CFO C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Feng-ming Wang director, officer: Chief Executive Officer 2975 SAN YSIDRO WAY, SANTA CLARA CA 95051
Christopher Day officer: See Remarks 2975 SAN YSIDRO WAY, SANTA CLARA CA 95051
Leslie Kohn director, officer: Chief Technology Officer 2975 SAN YSIDRO WAY, SANTA CLARA CA 95051
Elizabeth M Schwarting director 3101 JAY STREET, SANTA CLARA CA 95054
David Jeffrey Richardson director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Yun-lung Chen officer: Vice President, Sales 3101 JAY STREET, SANTA CLARA CA 95054
Kevin C Eichler officer: CFO C/O AMBARELLA, INC., 3101 JAY STREET, SANTA CLARA CA 95054
Andrew W Verhalen director C/O MATRIX PARTNERS, 250 HOMER AVE SUITE 201, PALO ALTO CA 94301
Greef-safft Anne De director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Teresa H Meng director 2535 VALLEJO STREET, SAN FRANCISCO CA 94123
Chenming Hu director 2060 PEBBLE DRIVE, ALAMO CA 94507

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