MKS (LTS:0JWG) Cyclically Adjusted FCF per Share: $7.24 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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LTS:0JWG MKS Inc LTS:0JWG
68 GF Score
Price $256.92
GF Value $143.02
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is MKS Cyclically Adjusted FCF per Share?

MKS LTS:0JWG +2.76% 68 Cyclically Adjusted FCF per Share is $7.24 as of Jun. 2026. GuruFocus rates LTS:0JWG with a GF Score™ of 68/100 and a GF Value™ of $143.02 (Significantly Overvalued). The stock has 5 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.

MKS's adjusted free cash flow per share for the three months ended in Jun. 2026 was $2.600. 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 $7.24 for the trailing ten years ended in Jun. 2026.

During the past 12 months, MKS's average Cyclically Adjusted FCF Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.80% 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 MKS was 23.30% per year. The lowest was 7.30% per year. And the median was 14.80% per year.

As of today (2026-09-22), MKS's current stock price is $256.92. MKS's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $7.24. MKS's Cyclically Adjusted Price-to-FCF of today is 35.51.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MKS was 57.64. The lowest was 9.19. And the median was 28.41.


MKS  (LTS:0JWG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=256.92/7.235
=35.51

* 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 MKS was 57.64. The lowest was 9.19. And the median was 28.41.


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.


MKS Cyclically Adjusted FCF per Share Related Terms


MKS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for MKS'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.

MKS Cyclically Adjusted FCF per Share Chart

MKS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.78 5.41 5.77 6.27 6.85

MKS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.67 6.85 6.87 6.95 7.24

LTS:0JWG vs FTV, TRMB, CGNX: Cyclically Adjusted FCF per Share Comparison

For the Scientific & Technical Instruments subindustry, MKS'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.


MKS Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


LTS:0JWG
68GF Score
MKS Inc LTS:0JWG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.6/333.9520*333.9520
=2.600

Current CPI (Jun. 2026) = 333.9520.

MKS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 1.350 241.428 1.867
201612 0.836 241.432 1.156
201703 1.127 243.801 1.544
201706 1.887 244.955 2.573
201709 1.649 246.819 2.231
201712 1.239 246.524 1.678
201803 1.146 249.554 1.534
201806 1.758 251.989 2.330
201809 1.472 252.439 1.947
201812 2.009 251.233 2.670
201903 0.265 254.202 0.348
201906 1.159 256.143 1.511
201909 0.800 256.759 1.041
201912 1.049 256.974 1.363
202003 1.175 258.115 1.520
202006 2.137 257.797 2.768
202009 2.222 260.280 2.851
202012 2.202 260.474 2.823
202103 1.806 264.877 2.277
202106 2.673 271.696 3.285
202109 2.381 274.310 2.899
202112 3.068 278.802 3.675
202203 0.394 287.504 0.458
202206 0.735 296.311 0.828
202209 2.831 296.808 3.185
202212 1.934 296.797 2.176
202303 0.300 301.836 0.332
202306 -1.153 305.109 -1.262
202309 2.116 307.789 2.296
202312 2.057 306.746 2.239
202403 0.727 312.332 0.777
202406 1.407 314.175 1.496
202409 1.598 315.301 1.693
202412 1.846 315.605 1.953
202503 1.817 319.799 1.897
202506 2.018 322.561 2.089
202509 2.160 324.800 2.221
202512 1.353 324.054 1.394
202603 0.084 330.213 0.085
202606 2.600 333.952 2.600

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 $7.24 mean?
MKS (LTS:0JWG) has a Cyclically Adjusted FCF per Share of $7.24 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on MKS and its competitors.
Is MKS's Cyclically Adjusted FCF per Share too high?
MKS's current Cyclically Adjusted FCF per Share is $7.24. Overall, MKS has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MKS's Cyclically Adjusted FCF per Share compare to FTV and TRMB?
MKS's Cyclically Adjusted FCF per Share of $7.24 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware 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 MKS and its competitors. MKS's current Cyclically Adjusted FCF per Share is $7.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKS stock overvalued right now?
Based on GuruFocus' analysis, MKS (LTS:0JWG) is currently considered Significantly Overvalued. The stock's GF Value™ is $143.02, compared to a current price of $256.92 — trading 79.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $7.24. MKS's overall GF Score™ is 68/100 with 5 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 MKS (LTS:0JWG), the current Cyclically Adjusted FCF per Share is $7.24 as of Jun. 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 MKS (LTS:0JWG) Overvalued in 2026?

Based on GuruFocus' analysis, MKS stock appears to be overvalued. The current stock price of $256.92 is trading 79.6% above its estimated GF Value™ of $143.02. GuruFocus considers MKS to be Significantly Overvalued.

Key valuation signals for LTS:0JWG:

  • Cyclically Adjusted FCF per Share: $7.24
  • GF Value™: $143.02 vs. price of $256.92 (79.6% above fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the LTS:0JWG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MKS Business Description

Address 2 Tech Drive, Suite 201, Andover, MA, USA, 01810
MKS Inc delivers foundational technology solutions for leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. The company provides instruments, components, subsystems, systems, process control solutions, and specialty chemicals technology that improve process performance and optimize productivity. Its solutions address challenges of miniaturization and complexity in device manufacturing, enabling increased power, speed, and feature enhancement. MKS Inc operates through three divisions: Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Materials Solutions Division (MSD). The company operates in the United States, which generates maximum revenue, as well as China and other countries.
68GF Score

Get the complete analysis for LTS:0JWG

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

$256.92
Price
$143.02
GF Value