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Intel (UKEX:INTC) Cyclically Adjusted FCF per Share : ₴76.09 (As of Mar. 2024)


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What is Intel 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.

Intel's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₴-68.236. 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 ₴76.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Intel's average Cyclically Adjusted FCF Growth Rate was -17.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.20% 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 Intel was 62.00% per year. The lowest was -6.90% per year. And the median was 10.00% per year.

As of today (2024-06-05), Intel's current stock price is ₴1420.00. Intel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₴76.09. Intel's Cyclically Adjusted Price-to-FCF of today is 18.66.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Intel was 27.98. The lowest was 9.14. And the median was 19.06.


Intel Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Intel'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.

Intel Cyclically Adjusted FCF per Share Chart

Intel 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 - - - 135.68 58.13

Intel 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 100.58 94.37 86.93 58.13 76.09

Competitive Comparison of Intel's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Intel'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.


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

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

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



Intel 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, Intel'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)
=-68.236/131.7762*131.7762
=-68.236

Current CPI (Mar. 2024) = 131.7762.

Intel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 20.620 100.560 27.021
201409 25.908 100.428 33.995
201412 29.560 99.070 39.319
201503 19.572 99.621 25.889
201506 13.714 100.684 17.949
201509 37.378 100.392 49.063
201512 25.584 99.792 33.784
201603 22.362 100.470 29.330
201606 12.893 101.688 16.708
201609 27.188 101.861 35.173
201612 38.066 101.863 49.245
201703 16.044 102.862 20.554
201706 16.022 103.349 20.429
201709 27.420 104.136 34.698
201712 26.632 104.011 33.741
201803 28.345 105.290 35.475
201806 24.440 106.317 30.293
201809 43.150 106.507 53.388
201812 26.218 105.998 32.594
201903 14.442 107.251 17.745
201906 35.882 108.070 43.753
201909 54.820 108.329 66.685
201912 48.076 108.420 58.433
202003 26.971 108.902 32.636
202006 72.790 108.767 88.188
202009 42.650 109.815 51.179
202012 56.920 109.897 68.252
202103 9.432 111.754 11.122
202106 48.607 114.631 55.877
202109 53.803 115.734 61.261
202112 -21.915 117.630 -24.551
202203 12.610 121.301 13.699
202206 -63.140 125.017 -66.554
202209 -61.157 125.227 -64.356
202212 17.549 125.222 18.468
202303 -89.105 127.348 -92.204
202306 -29.539 128.729 -30.238
202309 0.676 129.860 0.686
202312 -19.355 129.419 -19.707
202403 -68.236 131.776 -68.236

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


Intel  (UKEX:INTC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1420.00/76.09
=18.66

* 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 Intel was 27.98. The lowest was 9.14. And the median was 19.06.


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.


Intel Cyclically Adjusted FCF per Share Related Terms

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


Intel (UKEX:INTC) Business Description

Industry
Address
2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.

Intel (UKEX:INTC) Headlines