Broadcom (BSP:AVGO34) Cyclically Adjusted FCF per Share: R$0.26 (As of Apr. 2026)

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BSP:AVGO34 Broadcom Inc BSP:AVGO34
96 GF Score
Price R$27.03
GF Value R$22.00
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Broadcom Cyclically Adjusted FCF per Share?

Broadcom BSP:AVGO34 -1.46% 96 Cyclically Adjusted FCF per Share is R$0.26 as of Apr. 2026. GuruFocus rates BSP:AVGO34 with a GF Score™ of 96/100 and a GF Value™ of R$22.00 (Modestly Overvalued). The stock has 2 warning signs investors should review.

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.

Broadcom's adjusted free cash flow per share for the three months ended in Apr. 2026 was R$0.151. 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 R$0.26 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Broadcom's average Cyclically Adjusted FCF Growth Rate was 23.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.30% 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 Broadcom was 35.10% per year. The lowest was 20.50% per year. And the median was 29.90% per year.

As of today (2026-07-20), Broadcom's current stock price is R$27.03. Broadcom's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was R$0.26. Broadcom's Cyclically Adjusted Price-to-FCF of today is 103.96.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Broadcom was 120.44. The lowest was 22.35. And the median was 40.98.


Broadcom  (BSP:AVGO34) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27.03/0.26
=103.96

* 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 Broadcom was 120.44. The lowest was 22.35. And the median was 40.98.


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.


Broadcom Cyclically Adjusted FCF per Share Related Terms


Broadcom Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Broadcom'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.

Broadcom Cyclically Adjusted FCF per Share Chart

Broadcom Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.14 0.17 0.23 0.26

Broadcom Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.25 0.26 0.26 0.27 0.26

BSP:AVGO34 vs MU, AMD, INTC: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Broadcom'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.


Broadcom Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

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


BSP:AVGO34
96GF Score
Broadcom Inc BSP:AVGO34
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Broadcom 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, Broadcom's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.151/333.0200*333.0200
=0.151

Current CPI (Apr. 2026) = 333.0200.

Broadcom Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201607 0.008 240.628 0.011
201610 0.012 241.729 0.017
201701 0.011 242.839 0.015
201704 0.013 244.524 0.018
201707 0.014 244.786 0.019
201710 0.019 246.663 0.026
201801 0.016 247.867 0.021
201804 0.023 250.546 0.031
201807 0.026 252.006 0.034
201810 0.032 252.885 0.042
201901 0.026 251.712 0.034
201904 0.034 255.548 0.044
201907 0.030 256.571 0.039
201910 0.033 257.346 0.043
202001 0.031 257.971 0.040
202004 0.056 256.389 0.073
202007 0.055 259.101 0.071
202010 0.062 260.388 0.079
202101 0.054 261.582 0.069
202104 0.064 267.054 0.080
202107 0.059 273.003 0.072
202110 0.064 276.589 0.077
202201 0.062 281.148 0.073
202204 0.067 289.109 0.077
202207 0.077 296.276 0.087
202210 0.081 298.012 0.091
202301 0.068 299.170 0.076
202304 0.074 303.363 0.081
202307 0.074 305.691 0.081
202310 0.080 307.671 0.087
202401 0.071 308.417 0.077
202404 0.068 313.548 0.072
202407 0.081 314.540 0.086
202410 0.091 315.664 0.096
202501 0.107 317.671 0.112
202504 0.110 320.795 0.114
202507 0.114 323.048 0.118
202510 0.117 0.000
202601 0.125 325.252 0.128
202604 0.151 333.020 0.151

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

What does a Cyclically Adjusted FCF per Share of R$0.26 mean?
Broadcom (BSP:AVGO34) has a Cyclically Adjusted FCF per Share of R$0.26 as of Apr. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Broadcom and its competitors.
Is Broadcom's Cyclically Adjusted FCF per Share too high?
Broadcom's current Cyclically Adjusted FCF per Share is R$0.26. Overall, Broadcom has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Broadcom's Cyclically Adjusted FCF per Share compare to MU and AMD?
Broadcom's Cyclically Adjusted FCF per Share of R$0.26 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Broadcom and its competitors. Broadcom's current Cyclically Adjusted FCF per Share is R$0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadcom stock overvalued right now?
Based on GuruFocus' analysis, Broadcom (BSP:AVGO34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$22.00, compared to a current price of R$27.03 — trading 22.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is R$0.26. Broadcom's overall GF Score™ is 96/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Broadcom (BSP:AVGO34), the current Cyclically Adjusted FCF per Share is R$0.26 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Broadcom (BSP:AVGO34) Overvalued in 2026?

Based on GuruFocus' analysis, Broadcom stock appears to be overvalued. The current stock price of R$27.03 is trading 22.9% above its estimated GF Value™ of R$22.00. GuruFocus considers Broadcom to be Modestly Overvalued.

Key valuation signals for BSP:AVGO34:

  • Cyclically Adjusted FCF per Share: R$0.26
  • GF Value™: R$22.00 vs. price of R$27.03 (22.9% above fair value)
  • GF Score™: 96/100 with 2 warning signs

No single metric tells the full story. See the BSP:AVGO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Broadcom Business Description

Address 3421 Hillview Avenue, Palo Alto, CA, USA, 94304
Broadcom is one of the largest semiconductor companies in the world and has also expanded into infrastructure software. Its semiconductors primarily serve computing and networking, with custom AI accelerators now accounting for the bulk of the business. It is primarily a fabless designer, but holds some manufacturing in-house, such as for its best-of-breed film bulk acoustic resonator filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments. Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as VMware, Brocade, CA Technologies, and Symantec in software.
96GF Score

Get the complete analysis for BSP:AVGO34

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$27.03
Price
R$22.00
GF Value