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Microchip Technology (MEX:MCHP) Cyclically Adjusted Price-to-FCF : 16.31 (As of Jun. 05, 2025)


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What is Microchip Technology Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Microchip Technology's current share price is MXN1249.50. Microchip Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN76.61. Microchip Technology's Cyclically Adjusted Price-to-FCF for today is 16.31.

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

MEX:MCHP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.82   Med: 26.02   Max: 39.6
Current: 17.3

During the past years, Microchip Technology's highest Cyclically Adjusted Price-to-FCF was 39.60. The lowest was 9.82. And the median was 26.02.

MEX:MCHP's Cyclically Adjusted Price-to-FCF is ranked better than
75.49% of 355 companies
in the Semiconductors industry
Industry Median: 31.11 vs MEX:MCHP: 17.30

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 adjusted free cash flow per share data for the three months ended in Mar. 2025 was MXN7.283. 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 MXN76.61 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Microchip Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Microchip Technology'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.

Microchip Technology Cyclically Adjusted Price-to-FCF Chart

Microchip Technology Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.71 28.49 26.11 24.70 13.12

Microchip Technology 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 24.70 24.91 22.02 15.71 13.12

Competitive Comparison of Microchip Technology's Cyclically Adjusted Price-to-FCF

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's Cyclically Adjusted Price-to-FCF Distribution in the 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.


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Microchip Technology 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1249.50/76.61
=16.31

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

For example, Microchip Technology'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)
=7.283/134.9266*134.9266
=7.283

Current CPI (Mar. 2025) = 134.9266.

Microchip Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 5.353 100.684 7.174
201509 4.668 100.392 6.274
201512 7.597 99.792 10.272
201603 7.353 100.470 9.875
201606 8.864 101.688 11.761
201609 8.429 101.861 11.165
201612 12.046 101.863 15.956
201703 11.796 102.862 15.473
201706 12.011 103.349 15.681
201709 10.761 104.136 13.943
201712 12.525 104.011 16.248
201803 10.871 105.290 13.931
201806 8.298 106.317 10.531
201809 15.433 106.507 19.551
201812 18.226 105.998 23.200
201903 14.033 107.251 17.654
201906 13.493 108.070 16.846
201909 14.627 108.329 18.218
201912 13.924 108.420 17.328
202003 16.388 108.902 20.304
202006 22.039 108.767 27.340
202009 18.550 109.815 22.792
202012 17.635 109.897 21.652
202103 14.295 111.754 17.259
202106 19.149 114.631 22.539
202109 19.374 115.734 22.587
202112 27.580 117.630 31.636
202203 22.299 121.301 24.804
202206 25.743 125.017 27.784
202209 24.604 125.227 26.510
202212 39.898 125.222 42.990
202303 19.418 127.348 20.574
202306 27.426 128.729 28.746
202309 17.184 129.860 17.855
202312 24.655 129.419 25.704
202403 11.873 131.776 12.157
202406 10.267 132.554 10.451
202409 0.828 133.029 0.840
202412 9.834 133.157 9.965
202503 7.283 134.927 7.283

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.


Microchip Technology  (MEX:MCHP) 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.


Microchip Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Microchip Technology Business Description

Address
2355 West 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.