Alchip Technologies (TPE:3661) Cyclically Adjusted FCF per Share: NT$29.11 (As of Mar. 2026)

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TPE:3661 Alchip Technologies Ltd TPE:3661
98 GF Score
Price NT$3,405.00
GF Value NT$3,629.45
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Alchip Technologies Cyclically Adjusted FCF per Share?

Alchip Technologies TPE:3661 -2.99% 98 Cyclically Adjusted FCF per Share is NT$29.11 as of Mar. 2026. GuruFocus rates TPE:3661 with a GF Score™ of 98/100 and a GF Value™ of NT$3,629.45 (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.

Alchip Technologies's adjusted free cash flow per share for the three months ended in Mar. 2026 was NT$-1.795. 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 NT$29.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alchip Technologies's average Cyclically Adjusted FCF Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 90.50% 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 Alchip Technologies was 90.50% per year. The lowest was 26.00% per year. And the median was 58.25% per year.

As of today (2026-07-25), Alchip Technologies's current stock price is NT$3405.00. Alchip Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was NT$29.11. Alchip Technologies's Cyclically Adjusted Price-to-FCF of today is 116.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alchip Technologies was 683.90. The lowest was 66.94. And the median was 166.88.


Alchip Technologies  (TPE:3661) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3405.00/29.11
=116.97

* 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 Alchip Technologies was 683.90. The lowest was 66.94. And the median was 166.88.


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.


Alchip Technologies Cyclically Adjusted FCF per Share Related Terms


Alchip Technologies Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Alchip Technologies'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.

Alchip Technologies Cyclically Adjusted FCF per Share Chart

Alchip Technologies 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 6.66 4.20 12.16 13.31 29.05

Alchip Technologies 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 28.47 25.97 31.41 29.05 29.11

TPE:3661 vs NVDA, AVGO, MU: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Alchip Technologies'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.


Alchip Technologies Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

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


TPE:3661
98GF Score
Alchip Technologies Ltd TPE:3661
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alchip Technologies 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, Alchip Technologies'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)
=-1.795/330.2130*330.2130
=-1.795

Current CPI (Mar. 2026) = 330.2130.

Alchip Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -3.695 241.018 -5.062
201609 1.783 241.428 2.439
201612 1.035 241.432 1.416
201703 3.411 243.801 4.620
201706 5.878 244.955 7.924
201709 -4.751 246.819 -6.356
201712 5.725 246.524 7.669
201803 0.842 249.554 1.114
201806 10.132 251.989 13.277
201809 -2.516 252.439 -3.291
201812 -6.282 251.233 -8.257
201903 -4.913 254.202 -6.382
201906 8.899 256.143 11.472
201909 2.956 256.759 3.802
201912 5.641 256.974 7.249
202003 9.377 258.115 11.996
202006 15.306 257.797 19.606
202009 12.048 260.280 15.285
202012 8.661 260.474 10.980
202103 -2.701 264.877 -3.367
202106 -1.297 271.696 -1.576
202109 -9.144 274.310 -11.008
202112 -5.147 278.802 -6.096
202203 -8.405 287.504 -9.654
202206 6.927 296.311 7.720
202209 -12.324 296.808 -13.711
202212 -7.713 296.797 -8.581
202303 -11.188 301.836 -12.240
202306 17.558 305.109 19.003
202309 1.012 307.789 1.086
202312 69.879 306.746 75.225
202403 -25.720 312.332 -27.192
202406 -23.326 314.175 -24.517
202409 -11.609 315.301 -12.158
202412 69.903 315.605 73.139
202503 153.443 319.799 158.440
202506 -32.281 322.561 -33.047
202509 51.516 324.800 52.375
202512 -20.029 324.054 -20.410
202603 -1.795 330.213 -1.795

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 NT$29.11 mean?
Alchip Technologies (TPE:3661) has a Cyclically Adjusted FCF per Share of NT$29.11 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 Alchip Technologies and its competitors.
Is Alchip Technologies' Cyclically Adjusted FCF per Share too high?
Alchip Technologies' current Cyclically Adjusted FCF per Share is NT$29.11. Overall, Alchip Technologies has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alchip Technologies' Cyclically Adjusted FCF per Share compare to NVDA and AVGO?
Alchip Technologies' Cyclically Adjusted FCF per Share of NT$29.11 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 Alchip Technologies and its competitors. Alchip Technologies's current Cyclically Adjusted FCF per Share is NT$29.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alchip Technologies stock overvalued right now?
Based on GuruFocus' analysis, Alchip Technologies (TPE:3661) is currently considered Fairly Valued. The stock's GF Value™ is NT$3,629.45, compared to a current price of NT$3,405.00 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$29.11. Alchip Technologies' overall GF Score™ is 98/100 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 Alchip Technologies (TPE:3661), the current Cyclically Adjusted FCF per Share is NT$29.11 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 Alchip Technologies (TPE:3661) Overvalued in 2026?

Based on GuruFocus' analysis, Alchip Technologies stock appears to be undervalued. The current stock price of NT$3,405.00 is trading 6.2% below its estimated GF Value™ of NT$3,629.45. GuruFocus considers Alchip Technologies to be Fairly Valued.

Key valuation signals for TPE:3661:

  • Cyclically Adjusted FCF per Share: NT$29.11
  • GF Value™: NT$3,629.45 vs. price of NT$3,405.00 (6.2% below fair value)
  • GF Score™: 98/100 with 2 warning signs

No single metric tells the full story. See the TPE:3661 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alchip Technologies Business Description

Address Wenhu Street, No.12, 9th floor, Neihu District, Taipei, TWN, 11445
Alchip Technologies Ltd is engaged in the research and development, design, and manufacture of fabless application-specific integrated circuits (ASIC) and system on a chip (SoC) and the rendering of related services. Its geographical segments are China, Japan, the United States, Europe, Taiwan, and Others, of which majority of its revenue comes from the United States.
98GF Score

Get the complete analysis for TPE:3661

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

NT$3,405.00
Price
NT$3,629.45
GF Value