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CEVA (LTS:0Q19) Cyclically Adjusted Price-to-FCF : 46.56 (As of Jun. 05, 2025)


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What is CEVA Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), CEVA's current share price is $20.4852. CEVA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.44. CEVA's Cyclically Adjusted Price-to-FCF for today is 46.56.

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

LTS:0Q19' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.51   Med: 48.52   Max: 111.52
Current: 46.04

During the past years, CEVA's highest Cyclically Adjusted Price-to-FCF was 111.52. The lowest was 29.51. And the median was 48.52.

LTS:0Q19's Cyclically Adjusted Price-to-FCF is ranked worse than
60.85% of 355 companies
in the Semiconductors industry
Industry Median: 31.78 vs LTS:0Q19: 46.04

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.

CEVA's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $-0.325. 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 $0.44 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEVA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CEVA'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.

CEVA Cyclically Adjusted Price-to-FCF Chart

CEVA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.49 67.68 42.84 45.32 67.38

CEVA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 50.90 40.28 53.19 67.38 57.07

Competitive Comparison of CEVA's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, CEVA'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.


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

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

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


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CEVA 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.4852/0.44
=46.56

* 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.

CEVA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, CEVA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.325/134.9266*134.9266
=-0.325

Current CPI (Mar. 2025) = 134.9266.

CEVA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.125 100.684 0.168
201509 0.244 100.392 0.328
201512 0.498 99.792 0.673
201603 -0.008 100.470 -0.011
201606 -0.087 101.688 -0.115
201609 0.090 101.861 0.119
201612 0.550 101.863 0.729
201703 0.219 102.862 0.287
201706 0.152 103.349 0.198
201709 0.268 104.136 0.347
201712 0.262 104.011 0.340
201803 0.022 105.290 0.028
201806 -0.028 106.317 -0.036
201809 -0.029 106.507 -0.037
201812 0.174 105.998 0.221
201903 0.185 107.251 0.233
201906 -0.189 108.070 -0.236
201909 -0.375 108.329 -0.467
201912 0.312 108.420 0.388
202003 0.256 108.902 0.317
202006 0.255 108.767 0.316
202009 -0.246 109.815 -0.302
202012 0.289 109.897 0.355
202103 0.627 111.754 0.757
202106 -0.301 114.631 -0.354
202109 0.269 115.734 0.314
202112 0.416 117.630 0.477
202203 0.386 121.301 0.429
202206 -0.402 125.017 -0.434
202209 0.043 125.227 0.046
202212 0.122 125.222 0.131
202303 -0.222 127.348 -0.235
202306 -0.252 128.729 -0.264
202309 -0.092 129.860 -0.096
202312 0.172 129.419 0.179
202403 -0.351 131.776 -0.359
202406 0.075 132.554 0.076
202409 -0.001 133.029 -0.001
202412 0.297 133.157 0.301
202503 -0.325 134.927 -0.325

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.


CEVA  (LTS:0Q19) 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.


CEVA Cyclically Adjusted Price-to-FCF Related Terms

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


CEVA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » CEVA Inc (LTS:0Q19) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
15245 Shady Grove Road, Suite 400, Rockville, MD, USA, 20850
CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived primarily from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems.

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