CEVA (MEX:CEVA) Cyclically Adjusted FCF per Share: MXN7.16 (As of Mar. 2026)


MEX:CEVA CEVA Inc MEX:CEVA
58 GF Score
Price MXN841.21
GF Value MXN494.93
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is CEVA Cyclically Adjusted FCF per Share?

CEVA MEX:CEVA 58 Cyclically Adjusted FCF per Share is MXN7.16 as of Mar. 2026. GuruFocus rates MEX:CEVA with a GF Score™ of 58/100 and a GF Value™ of MXN494.93 (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.

CEVA's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN-4.691. 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 MXN7.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CEVA's average Cyclically Adjusted FCF Growth Rate was -28.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -17.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -11.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -4.50% 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 CEVA was 93.50% per year. The lowest was -17.20% per year. And the median was -0.50% per year.

As of today (2026-07-12), CEVA's current stock price is MXN841.21. CEVA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN7.16. CEVA's Cyclically Adjusted Price-to-FCF of today is 117.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CEVA was 155.38. The lowest was 31.00. And the median was 51.78.


CEVA  (MEX:CEVA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=841.21/7.16
=117.49

* 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 CEVA was 155.38. The lowest was 31.00. And the median was 51.78.


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.


CEVA Cyclically Adjusted FCF per Share Related Terms


CEVA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for CEVA'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.

CEVA Cyclically Adjusted FCF per Share Chart

CEVA 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 13.79 14.50 7.86 8.46 6.60

CEVA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.30 8.68 6.19 6.60 7.16

MEX:CEVA vs AOSL, INDI, POET: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, CEVA'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.


CEVA Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

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


MEX:CEVA
58GF Score
CEVA Inc MEX:CEVA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-4.691/330.2130*330.2130
=-4.691

Current CPI (Mar. 2026) = 330.2130.

CEVA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -1.610 241.018 -2.206
201609 1.741 241.428 2.381
201612 11.335 241.432 15.503
201703 4.119 243.801 5.579
201706 2.742 244.955 3.696
201709 4.865 246.819 6.509
201712 5.147 246.524 6.894
201803 0.392 249.554 0.519
201806 -0.548 251.989 -0.718
201809 -0.544 252.439 -0.712
201812 3.411 251.233 4.483
201903 3.580 254.202 4.650
201906 -3.623 256.143 -4.671
201909 -7.397 256.759 -9.513
201912 5.891 256.974 7.570
202003 5.999 258.115 7.675
202006 5.888 257.797 7.542
202009 -5.426 260.280 -6.884
202012 5.747 260.474 7.286
202103 12.816 264.877 15.977
202106 -5.992 271.696 -7.283
202109 5.524 274.310 6.650
202112 8.537 278.802 10.111
202203 7.683 287.504 8.824
202206 -8.080 296.311 -9.004
202209 0.863 296.808 0.960
202212 2.371 296.797 2.638
202303 -4.002 301.836 -4.378
202306 -4.318 305.109 -4.673
202309 -1.604 307.789 -1.721
202312 2.925 306.746 3.149
202403 -5.827 312.332 -6.161
202406 1.374 314.175 1.444
202409 -0.013 315.301 -0.014
202412 6.188 315.605 6.474
202503 -6.642 319.799 -6.858
202506 0.388 322.561 0.397
202509 -4.816 324.800 -4.896
202512 5.091 324.054 5.188
202603 -4.691 330.213 -4.691

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 MXN7.16 mean?
CEVA (MEX:CEVA) has a Cyclically Adjusted FCF per Share of MXN7.16 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on CEVA and its competitors.
Is CEVA's Cyclically Adjusted FCF per Share too high?
CEVA's current Cyclically Adjusted FCF per Share is MXN7.16. Overall, CEVA has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEVA's Cyclically Adjusted FCF per Share compare to AOSL and INDI?
CEVA's Cyclically Adjusted FCF per Share of MXN7.16 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 CEVA and its competitors. CEVA's current Cyclically Adjusted FCF per Share is MXN7.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEVA stock overvalued right now?
Based on GuruFocus' analysis, CEVA (MEX:CEVA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN494.93, compared to a current price of MXN841.21 — trading 70% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN7.16. CEVA's overall GF Score™ is 58/100 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 CEVA (MEX:CEVA), the current Cyclically Adjusted FCF per Share is MXN7.16 as of Mar. 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 CEVA (MEX:CEVA) Overvalued in 2026?

Based on GuruFocus' analysis, CEVA stock appears to be overvalued. The current stock price of MXN841.21 is trading 70% above its estimated GF Value™ of MXN494.93. GuruFocus considers CEVA to be Significantly Overvalued.

Key valuation signals for MEX:CEVA:

  • Cyclically Adjusted FCF per Share: MXN7.16
  • GF Value™: MXN494.93 vs. price of MXN841.21 (70% above fair value)
  • GF Score™: 58/100 with 5 warning signs

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


CEVA Business Description

Other Exchanges CEVA:USA0Q19:UKPVJA:Germany
Address 15245 Shady Grove Road, Suite 400, Rockville, MD, USA, 20850
CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived mainly from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems. The company operates in one reportable segment: the licensing of IP to semiconductor companies and electronic equipment manufacturers.
58GF Score

Get the complete analysis for MEX:CEVA

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

MXN841.21
Price
MXN494.93
GF Value