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KLA (MEX:KLAC) Cyclically Adjusted Price-to-FCF : 40.40 (As of May. 12, 2025)


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What is KLA Cyclically Adjusted Price-to-FCF?

As of today (2025-05-12), KLA's current share price is MXN13334.00. KLA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN330.02. KLA's Cyclically Adjusted Price-to-FCF for today is 40.40.

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

MEX:KLAC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.54   Med: 30.53   Max: 64.3
Current: 45.56

During the past years, KLA's highest Cyclically Adjusted Price-to-FCF was 64.30. The lowest was 13.54. And the median was 30.53.

MEX:KLAC's Cyclically Adjusted Price-to-FCF is ranked worse than
62.71% of 354 companies
in the Semiconductors industry
Industry Median: 30.9 vs MEX:KLAC: 45.56

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.

KLA's adjusted free cash flow per share data for the three months ended in Mar. 2025 was MXN151.503. 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 MXN330.02 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


KLA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KLA'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.

KLA Cyclically Adjusted Price-to-FCF Chart

KLA Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.58 44.83 34.38 42.85 61.78

KLA 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 54.40 61.78 55.04 43.01 44.17

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

For the Semiconductor Equipment & Materials subindustry, KLA'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.


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

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

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


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KLA 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13334.00/330.02
=40.40

* 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.

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

For example, KLA'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)
=151.503/134.9266*134.9266
=151.503

Current CPI (Mar. 2025) = 134.9266.

KLA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 30.225 100.684 40.505
201509 19.942 100.392 26.802
201512 10.183 99.792 13.768
201603 11.284 100.470 15.154
201606 40.897 101.688 54.265
201609 19.689 101.861 26.080
201612 28.052 101.863 37.157
201703 25.714 102.862 33.730
201706 51.697 103.349 67.493
201709 41.146 104.136 53.312
201712 14.549 104.011 18.873
201803 39.018 105.290 50.001
201806 43.920 106.317 55.739
201809 43.032 106.507 54.515
201812 32.904 105.998 41.884
201903 16.986 107.251 21.369
201906 31.996 108.070 39.948
201909 57.165 108.329 71.200
201912 41.955 108.420 52.212
202003 59.463 108.902 73.673
202006 60.719 108.767 75.322
202009 64.426 109.815 79.158
202012 64.184 109.897 78.802
202103 77.065 111.754 93.044
202106 52.898 114.631 62.263
202109 106.535 115.734 124.202
202112 100.448 117.630 115.219
202203 94.635 121.301 105.265
202206 100.611 125.017 108.586
202209 130.823 125.227 140.957
202212 81.662 125.222 87.991
202303 120.380 127.348 127.544
202306 109.599 128.729 114.876
202309 103.633 129.860 107.677
202312 67.950 129.419 70.841
202403 102.393 131.776 104.841
202406 112.502 132.554 114.516
202409 136.495 133.029 138.442
202412 117.914 133.157 119.481
202503 151.503 134.927 151.503

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.


KLA  (MEX:KLAC) 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.


KLA Cyclically Adjusted Price-to-FCF Related Terms

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


KLA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » KLA Corp (MEX:KLAC) » Definitions » Cyclically Adjusted Price-to-FCF
Address
One Technology Drive, Milpitas, CA, USA, 95035
KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.

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