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Microsemi (Microsemi) Intrinsic Value: Projected FCF : $0.00 (As of Apr. 26, 2024)


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What is Microsemi Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-26), Microsemi's Intrinsic Value: Projected FCF is $0.00. The stock price of Microsemi is $68.74. Therefore, Microsemi's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Microsemi's Intrinsic Value: Projected FCF or its related term are showing as below:

MSCC's Price-to-Projected-FCF is not ranked *
in the Semiconductors industry.
Industry Median: 1.985
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Microsemi Intrinsic Value: Projected FCF Historical Data

The historical data trend for Microsemi's Intrinsic Value: Projected 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.

Microsemi Intrinsic Value: Projected FCF Chart

Microsemi Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.44 26.49 31.84 31.00 36.46

Microsemi Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Intrinsic Value: Projected 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 31.34 33.38 36.46 37.99 39.63

Competitive Comparison of Microsemi's Intrinsic Value: Projected FCF

For the Semiconductors subindustry, Microsemi's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Microsemi's Price-to-Projected-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where Microsemi's Price-to-Projected-FCF falls into.



Microsemi Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Microsemi's Free Cash Flow(6 year avg) = $230.41.

Microsemi's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar18)*0.8)/Shares Outstanding (Diluted Average)
=(12.782718065916*230.4128+2086.4*0.8)/119.600
=38.58

* 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.


Microsemi  (NAS:MSCC) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Microsemi's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=68.74/38.582122585103
=1.78

* 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.


Microsemi Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Microsemi's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Microsemi (Microsemi) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Microsemi Corp is a provider of high-performance analog and mixed-signal semiconductor solutions to original equipment manufacturers. These solutions are found in systems for aerospace, communications, industrial, and defense and security end markets. The firm's portfolio of products includes radiation-hardened analog mixed-signal integrated circuits, field programmable gate arrays, system-on-chip solutions, power-management products, and synchronization devices. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and countries across the world.
Executives
Richard M Beyer director 6501 WILLIAM CANNON DRIVE, WEST, AUSTIN TX 78735
Matthew E Massengill director C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Kimberly Alexy director 500 MCCARTHY BLVD., MILPITAS CA 95035
John W Hohener officer: EVP & Chief Financial Officer MICROSEMI CORPORATION, ONE ENTERPRISE, ALISO VIEJO CA 92656
William Bendush director MICROSEMI CORPORATION, ONE ENTERPRISE, ALISO VIEJO CA 92656
Paul H Pickle officer: President & COO 200 FLYNN ROAD, CAMARILLO CA 93012
William L Healey director 101 BULLITT LANE, STE 450, LOUISVILLE KY 40222
Steven G Litchfield officer: EVP & Chief Strategy Officer C/O MAXLINEAR, INC., 5966 LA PLACE COURT, SUITE 100, SAN DIEGO CA 92008
Frederick C Goerner officer: Exec VP Worldwide Sales & Mktg MICROSEMI CORPORATION, ONE ENTERPRISE, ALISO VIEJO CA 92656
Paul F Folino director ONE ENTERPRISE, ALISO VIEJO CA 92656
James V Mazzo director 1700 E ST ANDREW PLACE, SANTA ANA CA 92705
Paul R Bibeau officer: Vice President of Marketing MICROSEMI CORP, 2381 MORSE AVE, IRVINE CA 92614