Ambarella (MIL:1AMBA) Cyclically Adjusted FCF per Share: €1.15 (As of Apr. 2026)


MIL:1AMBA Ambarella Inc MIL:1AMBA
48 GF Score
Price €72.76
GF Value €78.29
Valuation Fairly Valued
! 2 Warning Signs
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What is Ambarella Cyclically Adjusted FCF per Share?

Ambarella MIL:1AMBA 48 Cyclically Adjusted FCF per Share is €1.15 as of Apr. 2026. GuruFocus rates MIL:1AMBA with a GF Score™ of 48/100 and a GF Value™ of €78.29 (Fairly Valued). 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.

Ambarella's adjusted free cash flow per share for the three months ended in Apr. 2026 was €-0.580. 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 €1.15 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Ambarella's average Cyclically Adjusted FCF Growth Rate was -20.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -2.30% 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 Ambarella was 3.20% per year. The lowest was -8.90% per year. And the median was -0.40% per year.

As of today (2026-07-05), Ambarella's current stock price is €72.76. Ambarella's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was €1.15. Ambarella's Cyclically Adjusted Price-to-FCF of today is 63.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ambarella was 118.07. The lowest was 21.92. And the median was 40.16.


Ambarella  (MIL:1AMBA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=72.76/1.15
=63.27

* 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 Ambarella was 118.07. The lowest was 21.92. And the median was 40.16.


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.


Ambarella Cyclically Adjusted FCF per Share Related Terms


Ambarella Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ambarella'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.

Ambarella Cyclically Adjusted FCF per Share Chart

Ambarella Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.23

Ambarella 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 0.00 1.43 1.35 1.23 1.15

MIL:1AMBA vs AEHR, COHU, ICHR: Cyclically Adjusted FCF per Share Comparison

For the Semiconductor Equipment & Materials subindustry, Ambarella'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.


Ambarella Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

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


MIL:1AMBA
48GF Score
Ambarella Inc MIL:1AMBA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ambarella 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, Ambarella'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)
=-0.58/333.0200*333.0200
=-0.580

Current CPI (Apr. 2026) = 333.0200.

Ambarella Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201607 0.582 240.628 0.805
201610 1.100 241.729 1.515
201701 0.860 242.839 1.179
201704 0.594 244.524 0.809
201707 0.244 244.786 0.332
201710 0.646 246.663 0.872
201801 0.563 247.867 0.756
201804 -0.015 250.546 -0.020
201807 0.144 252.006 0.190
201810 0.084 252.885 0.111
201901 0.366 251.712 0.484
201904 0.132 255.548 0.172
201907 0.208 256.571 0.270
201910 0.581 257.346 0.752
202001 0.100 257.971 0.129
202004 0.195 256.389 0.253
202007 -0.067 259.101 -0.086
202010 0.299 260.388 0.382
202101 0.211 261.582 0.269
202104 -0.151 267.054 -0.188
202107 0.293 273.003 0.357
202110 0.129 276.589 0.155
202201 0.408 281.148 0.483
202204 0.709 289.109 0.817
202207 -0.101 296.276 -0.114
202210 0.028 298.012 0.031
202301 0.073 299.170 0.081
202304 0.457 303.363 0.502
202307 -0.278 305.691 -0.303
202310 0.130 307.671 0.141
202401 -0.136 308.417 -0.147
202404 -0.368 313.548 -0.391
202407 0.318 314.540 0.337
202410 0.091 315.664 0.096
202501 0.491 317.671 0.515
202504 0.216 320.795 0.224
202507 0.028 323.048 0.029
202510 0.629 0.000
202601 0.295 325.252 0.302
202604 -0.580 333.020 -0.580

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 €1.15 mean?
Ambarella (MIL:1AMBA) has a Cyclically Adjusted FCF per Share of €1.15 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 Ambarella and its competitors.
Is Ambarella's Cyclically Adjusted FCF per Share too high?
Ambarella's current Cyclically Adjusted FCF per Share is €1.15. Overall, Ambarella has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ambarella's Cyclically Adjusted FCF per Share compare to AEHR and COHU?
Ambarella's Cyclically Adjusted FCF per Share of €1.15 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 Ambarella and its competitors. Ambarella's current Cyclically Adjusted FCF per Share is €1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ambarella stock overvalued right now?
Based on GuruFocus' analysis, Ambarella (MIL:1AMBA) is currently considered Fairly Valued. The stock's GF Value™ is €78.29, compared to a current price of €72.76 — trading 7.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.15. Ambarella's overall GF Score™ is 48/100 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 Ambarella (MIL:1AMBA), the current Cyclically Adjusted FCF per Share is €1.15 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 Ambarella (MIL:1AMBA) Overvalued in 2026?

Based on GuruFocus' analysis, Ambarella stock appears to be undervalued. The current stock price of €72.76 is trading 7.1% below its estimated GF Value™ of €78.29. GuruFocus considers Ambarella to be Fairly Valued.

Key valuation signals for MIL:1AMBA:

  • Cyclically Adjusted FCF per Share: €1.15
  • GF Value™: €78.29 vs. price of €72.76 (7.1% below fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the MIL:1AMBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ambarella Business Description

Address 3001 Tasman Drive, Santa Clara, CA, USA, 95054
Ambarella Inc is a developer of low-power system-on-a-chip, or SoC, semiconductors and software for edge and physical artificial intelligence (AI) applications and intelligent automation. Its products are used in a wide variety of human viewing, computer vision for edge and physical AI applications, including a variety of video security cameras, automotive camera systems, fixed robots, autonomous mobile robots (AMRs), industrial applications, intelligent transportation systems, and consumer devices, such as action, drone and 360 degree cameras. The company operates as a single operating and reportable segment and derives substantially all of its revenue from development and sales of low-power AI-based processing and video and image processing SoC solutions.
48GF Score

Get the complete analysis for MIL:1AMBA

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

€72.76
Price
€78.29
GF Value