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Micron Technology (XBUL:MTE) Cyclically Adjusted FCF per Share : лв1.24 (As of Feb. 2025)


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What is Micron Technology Cyclically Adjusted FCF per Share?

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.

Micron Technology's adjusted free cash flow per share for the three months ended in Feb. 2025 was лв-0.173. 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 лв1.24 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Micron Technology's average Cyclically Adjusted FCF Growth Rate was -11.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.80% 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 Micron Technology was 84.60% per year. The lowest was -124.60% per year. And the median was 5.50% per year.

As of today (2025-05-24), Micron Technology's current stock price is лв86.68. Micron Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 was лв1.24. Micron Technology's Cyclically Adjusted Price-to-FCF of today is 69.90.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Micron Technology was 297.60. The lowest was 18.05. And the median was 47.42.


Micron Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Micron Technology'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.

* Premium members only.

Micron Technology Cyclically Adjusted FCF per Share Chart

Micron Technology Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.26

Micron Technology Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 - - 1.26 1.32 1.24

Competitive Comparison of Micron Technology's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Micron Technology'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.


Micron Technology's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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


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Micron Technology 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, Micron Technology's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=-0.173/134.6241*134.6241
=-0.173

Current CPI (Feb. 2025) = 134.6241.

Micron Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 0.884 100.333 1.186
201508 -1.125 100.548 -1.506
201511 0.206 100.135 0.277
201602 -0.758 100.040 -1.020
201605 -2.154 101.355 -2.861
201608 -1.702 101.617 -2.255
201611 -0.199 101.829 -0.263
201702 0.358 102.779 0.469
201705 1.998 103.256 2.605
201708 2.804 103.587 3.644
201711 2.361 104.072 3.054
201802 2.902 105.052 3.719
201805 2.579 106.148 3.271
201808 4.108 106.383 5.199
201811 3.094 106.338 3.917
201902 1.186 106.649 1.497
201905 0.470 108.048 0.586
201908 0.313 108.245 0.389
201911 0.104 108.519 0.129
202002 -0.084 109.139 -0.104
202005 0.120 108.175 0.149
202008 -0.014 109.662 -0.017
202011 -1.169 109.793 -1.433
202102 0.059 110.968 0.072
202105 1.956 113.576 2.318
202108 2.820 115.421 3.289
202111 1.025 117.269 1.177
202202 1.549 119.703 1.742
202205 1.935 123.323 2.112
202208 0.255 124.958 0.275
202211 -2.379 125.607 -2.550
202302 -2.938 126.928 -3.116
202305 -2.419 128.314 -2.538
202308 -1.904 129.538 -1.979
202311 -0.618 129.548 -0.642
202402 -0.255 130.930 -0.262
202405 0.607 132.509 0.617
202408 0.423 132.816 0.429
202411 0.058 133.110 0.059
202502 -0.173 134.624 -0.173

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Micron Technology  (XBUL:MTE) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=86.68/1.24
=69.90

* 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 Micron Technology was 297.60. The lowest was 18.05. And the median was 47.42.


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.


Micron Technology Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Micron Technology's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Micron Technology Business Description

Industry
Address
8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

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