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STMicroelectronics NV (CHIX:STMMIM) Cyclically Adjusted Price-to-FCF : 35.72 (As of Dec. 12, 2024)


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What is STMicroelectronics NV Cyclically Adjusted Price-to-FCF?

As of today (2024-12-12), STMicroelectronics NV's current share price is €25.005. STMicroelectronics NV's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €0.70. STMicroelectronics NV's Cyclically Adjusted Price-to-FCF for today is 35.72.

The historical rank and industry rank for STMicroelectronics NV's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CHIX:STMMIm' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.79   Med: 71.98   Max: 179.26
Current: 35.56

During the past years, STMicroelectronics NV's highest Cyclically Adjusted Price-to-FCF was 179.26. The lowest was 15.79. And the median was 71.98.

CHIX:STMMIm's Cyclically Adjusted Price-to-FCF is ranked better than
50.51% of 293 companies
in the Semiconductors industry
Industry Median: 36.21 vs CHIX:STMMIm: 35.56

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.

STMicroelectronics NV's adjusted free cash flow per share data for the three months ended in Sep. 2024 was €0.002. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.70 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


STMicroelectronics NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for STMicroelectronics NV's Cyclically Adjusted Price-to-FCF 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.

STMicroelectronics NV Cyclically Adjusted Price-to-FCF Chart

STMicroelectronics NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.67 127.83 111.58 58.90 62.65

STMicroelectronics NV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Price-to-FCF 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 58.94 62.65 56.71 50.09 37.89

Competitive Comparison of STMicroelectronics NV's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, STMicroelectronics NV'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.


STMicroelectronics NV's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



STMicroelectronics NV Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

STMicroelectronics NV's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.005/0.7
=35.72

* 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.

STMicroelectronics NV's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, STMicroelectronics NV's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.002/107.4679*107.4679
=0.002

Current CPI (Sep. 2024) = 107.4679.

STMicroelectronics NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.178 100.704 0.190
201503 0.057 100.339 0.061
201506 -0.117 100.464 -0.125
201509 0.221 99.785 0.238
201512 0.130 99.386 0.141
201603 0.031 99.475 0.033
201606 -0.085 100.088 -0.091
201609 0.312 99.604 0.337
201612 0.143 99.380 0.155
201703 0.059 100.040 0.063
201706 -0.083 100.285 -0.089
201709 0.063 100.254 0.068
201712 0.133 100.213 0.143
201803 0.084 100.836 0.090
201806 -0.028 101.435 -0.030
201809 0.124 101.246 0.132
201812 0.352 100.906 0.375
201903 0.009 101.571 0.010
201906 -0.047 102.044 -0.049
201909 0.171 101.396 0.181
201912 0.506 101.063 0.538
202003 0.111 101.048 0.118
202006 -0.090 100.743 -0.096
202009 0.061 100.585 0.065
202012 0.458 100.241 0.491
202103 0.234 100.800 0.249
202106 0.147 101.352 0.156
202109 0.422 101.533 0.447
202112 0.291 101.776 0.307
202203 0.079 103.205 0.082
202206 0.247 104.783 0.253
202209 0.743 104.835 0.762
202212 0.586 104.666 0.602
202303 0.199 106.245 0.201
202306 0.199 106.576 0.201
202309 0.724 106.570 0.730
202312 0.366 106.461 0.369
202403 -0.305 107.355 -0.305
202406 0.030 107.991 0.030
202409 0.002 107.468 0.002

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


STMicroelectronics NV  (CHIX:STMMIm) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


STMicroelectronics NV Cyclically Adjusted Price-to-FCF Related Terms

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STMicroelectronics NV Business Description

Address
39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, CHE, 1228
A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconducteurs in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It is an especially prominent chip supplier to the industrial and automotive industries.

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