Alpha & Omega Semiconductor (STU:AOY) Cyclically Adjusted FCF per Share: €-1.33 (As of Jun. 2026)

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STU:AOY Alpha & Omega Semiconductor Ltd STU:AOY
67 GF Score
Price €26.68
GF Value €23.23
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Alpha & Omega Semiconductor Cyclically Adjusted FCF per Share?

Alpha & Omega Semiconductor STU:AOY +1.37% 67 Cyclically Adjusted FCF per Share is €-1.33 as of Jun. 2026. GuruFocus rates STU:AOY with a GF Score™ of 67/100 and a GF Value™ of €23.23 (Modestly Overvalued). The stock has 3 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.

Alpha & Omega Semiconductor's adjusted free cash flow per share for the three months ended in Jun. 2026 was €-0.289. 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 €-1.33 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -20.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -19.60% 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 Alpha & Omega Semiconductor was 16.90% per year. The lowest was -33.10% per year. And the median was -13.10% per year.

As of today (2026-08-18), Alpha & Omega Semiconductor's current stock price is €26.68. Alpha & Omega Semiconductor's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €-1.33. Alpha & Omega Semiconductor's Cyclically Adjusted Price-to-FCF of today is .


Alpha & Omega Semiconductor  (STU:AOY) 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.


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.


Alpha & Omega Semiconductor Cyclically Adjusted FCF per Share Related Terms


Alpha & Omega Semiconductor Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Alpha & Omega Semiconductor'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.

Alpha & Omega Semiconductor Cyclically Adjusted FCF per Share Chart

Alpha & Omega Semiconductor Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -0.79 -1.03 -1.02 -1.33

Alpha & Omega Semiconductor 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 -1.02 -1.00 -1.13 -1.24 -1.33

STU:AOY vs CEVA, INDI, POET: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Alpha & Omega Semiconductor'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.


Alpha & Omega Semiconductor Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

* The bar in red indicates where Alpha & Omega Semiconductor's Cyclically Adjusted Price-to-FCF falls into.


STU:AOY
67GF Score
Alpha & Omega Semiconductor Ltd STU:AOY
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha & Omega Semiconductor 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, Alpha & Omega Semiconductor'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)
=-0.289/333.9520*333.9520
=-0.289

Current CPI (Jun. 2026) = 333.9520.

Alpha & Omega Semiconductor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.295 241.428 -0.408
201612 0.091 241.432 0.126
201703 -0.224 243.801 -0.307
201706 -0.046 244.955 -0.063
201709 -0.731 246.819 -0.989
201712 -1.065 246.524 -1.443
201803 -2.265 249.554 -3.031
201806 -2.371 251.989 -3.142
201809 -1.098 252.439 -1.453
201812 -0.138 251.233 -0.183
201903 -1.172 254.202 -1.540
201906 -0.455 256.143 -0.593
201909 -0.615 256.759 -0.800
201912 -0.280 256.974 -0.364
202003 -0.090 258.115 -0.116
202006 0.954 257.797 1.236
202009 -0.048 260.280 -0.062
202012 0.681 260.474 0.873
202103 0.692 264.877 0.872
202106 0.361 271.696 0.444
202109 1.710 274.310 2.082
202112 0.663 278.802 0.794
202203 0.587 287.504 0.682
202206 -0.477 296.311 -0.538
202209 -0.123 296.808 -0.138
202212 -0.893 296.797 -1.005
202303 -0.372 301.836 -0.412
202306 -1.487 305.109 -1.628
202309 0.041 307.789 0.044
202312 -1.082 306.746 -1.178
202403 0.663 312.332 0.709
202406 -0.007 314.175 -0.007
202409 0.127 315.301 0.135
202412 0.216 315.605 0.229
202503 -0.033 319.799 -0.034
202506 -0.497 322.561 -0.515
202509 0.001 324.800 0.001
202512 -0.663 324.054 -0.683
202603 -0.597 330.213 -0.604
202606 -0.289 333.952 -0.289

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 €-1.33 mean?
Alpha & Omega Semiconductor (STU:AOY) has a Cyclically Adjusted FCF per Share of €-1.33 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 Alpha & Omega Semiconductor and its competitors.
Is Alpha & Omega Semiconductor's Cyclically Adjusted FCF per Share too high?
Alpha & Omega Semiconductor's current Cyclically Adjusted FCF per Share is €-1.33. Overall, Alpha & Omega Semiconductor has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpha & Omega Semiconductor's Cyclically Adjusted FCF per Share compare to CEVA and INDI?
Alpha & Omega Semiconductor's Cyclically Adjusted FCF per Share of €-1.33 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 Alpha & Omega Semiconductor and its competitors. Alpha & Omega Semiconductor's current Cyclically Adjusted FCF per Share is €-1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha & Omega Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Alpha & Omega Semiconductor (STU:AOY) is currently considered Modestly Overvalued. The stock's GF Value™ is €23.23, compared to a current price of €26.68 — trading 14.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-1.33. Alpha & Omega Semiconductor's overall GF Score™ is 67/100 with 3 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 Alpha & Omega Semiconductor (STU:AOY), the current Cyclically Adjusted FCF per Share is €-1.33 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 Alpha & Omega Semiconductor (STU:AOY) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha & Omega Semiconductor stock appears to be overvalued. The current stock price of €26.68 is trading 14.9% above its estimated GF Value™ of €23.23. GuruFocus considers Alpha & Omega Semiconductor to be Modestly Overvalued.

Key valuation signals for STU:AOY:

  • Cyclically Adjusted FCF per Share: €-1.33
  • GF Value™: €23.23 vs. price of €26.68 (14.9% above fair value)
  • GF Score™: 67/100 with 3 warning signs

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


Alpha & Omega Semiconductor Business Description

Address 2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Alpha & Omega Semiconductor Ltd designs, develops and supplies a portfolio of power semiconductors targeting various applications, including personal computers, flat-panel TVs, LED lighting, smartphones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment. It generates revenue mainly from the sale of power semiconductors, consisting of power discretes and power ICs with a presence in Hong Kong, China, South Korea, the United States and other countries. It operates in one operating segment: the design, development and supply of power semiconductor products for computing, consumer electronics, communication and industrial applications.
67GF Score

Get the complete analysis for STU:AOY

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

€26.68
Price
€23.23
GF Value