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MACOM Technology Solutions Holdings (LTS:0A8Z) Cyclically Adjusted FCF per Share : $1.10 (As of Mar. 2024)


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What is MACOM Technology Solutions Holdings 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.

MACOM Technology Solutions Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.178. 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 $1.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MACOM Technology Solutions Holdings's average Cyclically Adjusted FCF Growth Rate was 28.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -11.40% 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 MACOM Technology Solutions Holdings was -11.40% per year. The lowest was -11.40% per year. And the median was -11.40% per year.

As of today (2024-05-23), MACOM Technology Solutions Holdings's current stock price is $103.00. MACOM Technology Solutions Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.10. MACOM Technology Solutions Holdings's Cyclically Adjusted Price-to-FCF of today is 93.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MACOM Technology Solutions Holdings was 110.28. The lowest was 10.21. And the median was 71.39.


MACOM Technology Solutions Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MACOM Technology Solutions Holdings'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.

MACOM Technology Solutions Holdings Cyclically Adjusted FCF per Share Chart

MACOM Technology Solutions Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.79 0.88 1.01

MACOM Technology Solutions Holdings 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 0.86 0.87 1.01 1.05 1.10

Competitive Comparison of MACOM Technology Solutions Holdings's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, MACOM Technology Solutions Holdings'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.


MACOM Technology Solutions Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where MACOM Technology Solutions Holdings's Cyclically Adjusted Price-to-FCF falls into.



MACOM Technology Solutions Holdings 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, MACOM Technology Solutions Holdings'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)
=0.178/131.7762*131.7762
=0.178

Current CPI (Mar. 2024) = 131.7762.

MACOM Technology Solutions Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.179 100.560 0.235
201409 0.184 100.428 0.241
201412 -0.347 99.070 -0.462
201503 0.046 99.621 0.061
201506 0.134 100.684 0.175
201509 -0.021 100.392 -0.028
201512 0.166 99.792 0.219
201603 0.161 100.470 0.211
201606 0.219 101.688 0.284
201609 0.343 101.861 0.444
201612 0.288 101.863 0.373
201703 -0.180 102.862 -0.231
201706 0.307 103.349 0.391
201709 0.063 104.136 0.080
201712 -0.204 104.011 -0.258
201803 -0.033 105.290 -0.041
201806 -0.197 106.317 -0.244
201809 0.175 106.507 0.217
201812 -0.132 105.998 -0.164
201903 0.196 107.251 0.241
201906 -0.119 108.070 -0.145
201909 -0.206 108.329 -0.251
201912 0.504 108.420 0.613
202003 0.305 108.902 0.369
202006 0.456 108.767 0.552
202009 1.039 109.815 1.247
202012 0.471 109.897 0.565
202103 0.333 111.754 0.393
202106 0.554 114.631 0.637
202109 0.504 115.734 0.574
202112 0.407 117.630 0.456
202203 0.498 121.301 0.541
202206 0.475 125.017 0.501
202209 0.734 125.227 0.772
202212 0.402 125.222 0.423
202303 0.371 127.348 0.384
202306 0.596 128.729 0.610
202309 0.620 129.860 0.629
202312 0.394 129.419 0.401
202403 0.178 131.776 0.178

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


MACOM Technology Solutions Holdings  (LTS:0A8Z) 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.

MACOM Technology Solutions Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=103.00/1.1
=93.64

* 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 MACOM Technology Solutions Holdings was 110.28. The lowest was 10.21. And the median was 71.39.


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.


MACOM Technology Solutions Holdings Cyclically Adjusted FCF per Share Related Terms

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


MACOM Technology Solutions Holdings (LTS:0A8Z) Business Description

Traded in Other Exchanges
Address
100 Chelmsford Street, Lowell, MA, USA, 01851
MACOM Technology Solutions Holdings Inc is a provider of analog, digital and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in systems for industrial, medical, scientific, and test and measurement markets. The firm's portfolio of products includes integrated circuits, multichip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Taiwan, and other countries across the world.

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