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Axcelis Technologies (Axcelis Technologies) Cyclically Adjusted Price-to-FCF : 54.03 (As of May. 15, 2024)


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What is Axcelis Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Axcelis Technologies's current share price is $114.00. Axcelis Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.11. Axcelis Technologies's Cyclically Adjusted Price-to-FCF for today is 54.03.

The historical rank and industry rank for Axcelis Technologies's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ACLS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 44.92   Med: 99.84   Max: 1416
Current: 53.03

During the past years, Axcelis Technologies's highest Cyclically Adjusted Price-to-FCF was 1416.00. The lowest was 44.92. And the median was 99.84.

ACLS's Cyclically Adjusted Price-to-FCF is ranked worse than
60.12% of 346 companies
in the Semiconductors industry
Industry Median: 38.065 vs ACLS: 53.03

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.

Axcelis Technologies's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.233. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axcelis Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Axcelis Technologies's Cyclically Adjusted Price-to-FCF 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.

Axcelis Technologies Cyclically Adjusted Price-to-FCF Chart

Axcelis Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,115.70 118.87 108.46 55.91 65.87

Axcelis Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 85.80 107.41 91.57 65.87 52.73

Competitive Comparison of Axcelis Technologies's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Axcelis Technologies'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.


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

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

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



Axcelis Technologies Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Axcelis Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=114.00/2.11
=54.03

* 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.

Axcelis Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Axcelis Technologies'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)
=1.233/129.4194*129.4194
=1.233

Current CPI (Mar. 2024) = 129.4194.

Axcelis Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.296 100.560 -0.381
201409 -0.073 100.428 -0.094
201412 -0.088 99.070 -0.115
201503 0.284 99.621 0.369
201506 0.089 100.684 0.114
201509 0.000 100.392 0.000
201512 0.175 99.792 0.227
201603 -0.375 100.470 -0.483
201606 -0.231 101.688 -0.294
201609 0.106 101.861 0.135
201612 0.126 101.863 0.160
201703 -0.117 102.862 -0.147
201706 1.005 103.349 1.259
201709 0.115 104.136 0.143
201712 0.450 104.011 0.560
201803 0.228 105.290 0.280
201806 0.173 106.317 0.211
201809 -0.009 106.507 -0.011
201812 0.852 105.998 1.040
201903 -0.485 107.251 -0.585
201906 -0.368 108.070 -0.441
201909 0.530 108.329 0.633
201912 -0.418 108.420 -0.499
202003 1.127 108.902 1.339
202006 0.448 108.767 0.533
202009 0.483 109.815 0.569
202012 -0.228 109.897 -0.269
202103 0.397 111.754 0.460
202106 0.868 114.631 0.980
202109 1.844 115.734 2.062
202112 1.030 117.630 1.133
202203 0.714 121.301 0.762
202206 0.048 125.017 0.050
202209 1.811 125.227 1.872
202212 3.566 125.222 3.686
202303 0.971 127.348 0.987
202306 0.896 128.729 0.901
202309 0.565 129.860 0.563
202312 1.678 129.419 1.678
202403 1.233 129.419 1.233

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


Axcelis Technologies  (NAS:ACLS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Axcelis Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Axcelis Technologies (Axcelis Technologies) Business Description

Traded in Other Exchanges
Address
108 Cherry Hill Drive, Beverly, MA, USA, 01915
Axcelis Technologies Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the company provide aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Geographically, the group has a business presence in North America, Asia Pacific and Europe, of which key revenue is derived from the Asia Pacific.
Executives
Joseph P Keithley director NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
James Gordon Coogan officer: EVP and CFO C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Greg Redinbo officer: EVP Marketing and Applications AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jorge Titinger director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Lynnette C Fallon officer: Senior VP, HR/Legal 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Russell Low officer: EVP, Engineering 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Christopher Tatnall officer: EVP Global Customer Operations AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Douglas A. Lawson officer: EVP, Corporate Mktg & Strategy 21 VILLAGE VIEW ROAD, WESTFORD MA 01886
Gerald M Blumenstock officer: EVP, Engineering AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jeanne Quirk director AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Mary G Puma officer: President and CEO AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Kevin J Brewer officer: VP, Manufacturing Operations AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01938
John T Kurtzweil director C/O CIRRUS LOGIC, INC., 2901 VIA FORTUNA, AUSTIN TX 78746
Tzu Yin Chiu director 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Dennis Thomas St director C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551