Microchip Technology (XSWX:MCHP) Cyclically Adjusted FCF per Share: CHF2.91 (As of Mar. 2026)


XSWX:MCHP Microchip Technology Inc XSWX:MCHP
48 GF Score
Price CHF72.24
GF Value CHF48.07
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Microchip Technology Cyclically Adjusted FCF per Share?

Microchip Technology XSWX:MCHP -5.20% 48 Cyclically Adjusted FCF per Share is CHF2.91 as of Mar. 2026. GuruFocus rates XSWX:MCHP with a GF Score™ of 48/100 and a GF Value™ of CHF48.07 (Significantly Overvalued). The stock has 6 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.

Microchip Technology's adjusted free cash flow per share for the three months ended in Mar. 2026 was CHF0.349. 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 CHF2.91 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Microchip Technology'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 5.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% 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 Microchip Technology was 113.00% per year. The lowest was 5.30% per year. And the median was 14.80% per year.

As of today (2026-06-29), Microchip Technology's current stock price is CHF72.24. Microchip Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was CHF2.91. Microchip Technology's Cyclically Adjusted Price-to-FCF of today is 24.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Microchip Technology was 39.60. The lowest was 9.82. And the median was 26.08.


Microchip Technology  (XSWX:MCHP) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=72.24/2.91
=24.82

* 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 Microchip Technology was 39.60. The lowest was 9.82. And the median was 26.08.


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.


Microchip Technology Cyclically Adjusted FCF per Share Related Terms


Microchip Technology Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Microchip 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.

Microchip Technology Cyclically Adjusted FCF per Share Chart

Microchip Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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 2.91

Microchip Technology 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 0.00 0.00 0.00 0.00 2.91

XSWX:MCHP vs CRDO, GFS, CBRS: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Microchip 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.


Microchip Technology Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

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


XSWX:MCHP
48GF Score
Microchip Technology Inc XSWX:MCHP
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microchip 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, Microchip Technology'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)
=0.349/330.2130*330.2130
=0.349

Current CPI (Mar. 2026) = 330.2130.

Microchip Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.465 241.018 0.637
201609 0.424 241.428 0.580
201612 0.596 241.432 0.815
201703 0.627 243.801 0.849
201706 0.643 244.955 0.867
201709 0.571 246.819 0.764
201712 0.629 246.524 0.843
201803 0.567 249.554 0.750
201806 0.418 251.989 0.548
201809 0.799 252.439 1.045
201812 0.921 251.233 1.211
201903 0.724 254.202 0.940
201906 0.694 256.143 0.895
201909 0.734 256.759 0.944
201912 0.725 256.974 0.932
202003 0.670 258.115 0.857
202006 0.908 257.797 1.163
202009 0.768 260.280 0.974
202012 0.788 260.474 0.999
202103 0.650 264.877 0.810
202106 0.873 271.696 1.061
202109 0.869 274.310 1.046
202112 1.238 278.802 1.466
202203 1.041 287.504 1.196
202206 1.241 296.311 1.383
202209 1.191 296.808 1.325
202212 1.906 296.797 2.121
202303 0.997 301.836 1.091
202306 1.440 305.109 1.558
202309 0.887 307.789 0.952
202312 1.256 306.746 1.352
202403 0.636 312.332 0.672
202406 0.501 314.175 0.527
202409 0.036 315.301 0.038
202412 0.420 315.605 0.439
202503 0.315 319.799 0.325
202506 0.389 322.561 0.398
202509 0.075 324.800 0.076
202512 0.466 324.054 0.475
202603 0.349 330.213 0.349

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 CHF2.91 mean?
Microchip Technology (XSWX:MCHP) has a Cyclically Adjusted FCF per Share of CHF2.91 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 Microchip Technology and its competitors.
Is Microchip Technology's Cyclically Adjusted FCF per Share too high?
Microchip Technology's current Cyclically Adjusted FCF per Share is CHF2.91. Overall, Microchip Technology has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microchip Technology's Cyclically Adjusted FCF per Share compare to CRDO and GFS?
Microchip Technology's Cyclically Adjusted FCF per Share of CHF2.91 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 Microchip Technology and its competitors. Microchip Technology's current Cyclically Adjusted FCF per Share is CHF2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microchip Technology stock overvalued right now?
Based on GuruFocus' analysis, Microchip Technology (XSWX:MCHP) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF48.07, compared to a current price of CHF72.24 — trading 50.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is CHF2.91. Microchip Technology's overall GF Score™ is 48/100 with 6 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 Microchip Technology (XSWX:MCHP), the current Cyclically Adjusted FCF per Share is CHF2.91 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 Microchip Technology (XSWX:MCHP) Overvalued in 2026?

Based on GuruFocus' analysis, Microchip Technology stock appears to be overvalued. The current stock price of CHF72.24 is trading 50.3% above its estimated GF Value™ of CHF48.07. GuruFocus considers Microchip Technology to be Significantly Overvalued.

Key valuation signals for XSWX:MCHP:

  • Cyclically Adjusted FCF per Share: CHF2.91
  • GF Value™: CHF48.07 vs. price of CHF72.24 (50.3% above fair value)
  • GF Score™: 48/100 with 6 warning signs

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


Microchip Technology Business Description

Address 2355 W. Chandler Boulevard, Chandler, AZ, USA, 85224-6199
Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
48GF Score

Get the complete analysis for XSWX:MCHP

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

CHF72.24
Price
CHF48.07
GF Value