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Applied Materials (MIL:1AMAT) Cyclically Adjusted Price-to-FCF : 31.07 (As of Jun. 05, 2025)


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What is Applied Materials Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Applied Materials's current share price is €141.66. Applied Materials's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 was €4.56. Applied Materials's Cyclically Adjusted Price-to-FCF for today is 31.07.

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

MIL:1AMAT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.64   Med: 32.68   Max: 63.5
Current: 30.77

During the past years, Applied Materials's highest Cyclically Adjusted Price-to-FCF was 63.50. The lowest was 13.64. And the median was 32.68.

MIL:1AMAT's Cyclically Adjusted Price-to-FCF is ranked better than
50.99% of 355 companies
in the Semiconductors industry
Industry Median: 31.78 vs MIL:1AMAT: 30.77

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.

Applied Materials's adjusted free cash flow per share data for the three months ended in Apr. 2025 was €1.163. 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 €4.56 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Applied Materials Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Applied Materials'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.

Applied Materials Cyclically Adjusted Price-to-FCF Chart

Applied Materials Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.37 52.02 27.60 31.77 36.24

Applied Materials Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 43.56 44.48 36.24 35.31 28.63

Competitive Comparison of Applied Materials's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Applied Materials'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.


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

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

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


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Applied Materials 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=141.66/4.56
=31.07

* 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.

Applied Materials's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=1.163/135.3468*135.3468
=1.163

Current CPI (Apr. 2025) = 135.3468.

Applied Materials Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201507 0.210 100.691 0.282
201510 0.313 100.346 0.422
201601 0.111 99.957 0.150
201604 0.342 100.947 0.459
201607 0.771 101.524 1.028
201610 0.671 101.988 0.890
201701 0.628 102.456 0.830
201704 0.716 103.167 0.939
201707 1.038 103.278 1.360
201710 0.463 104.070 0.602
201801 0.967 104.578 1.252
201804 0.384 105.708 0.492
201807 0.426 106.324 0.542
201810 0.804 106.695 1.020
201901 0.636 106.200 0.811
201904 0.640 107.818 0.803
201907 0.661 108.250 0.826
201910 0.709 108.577 0.884
202001 0.860 108.841 1.069
202004 0.562 108.173 0.703
202007 0.736 109.318 0.911
202010 1.065 109.861 1.312
202101 1.154 110.364 1.415
202104 0.887 112.673 1.065
202107 1.428 115.183 1.678
202110 0.895 116.696 1.038
202201 2.478 118.619 2.827
202204 0.215 121.978 0.239
202207 1.424 125.002 1.542
202210 0.749 125.734 0.806
202301 2.168 126.223 2.325
202304 2.193 127.992 2.319
202307 2.496 128.974 2.619
202310 1.401 129.810 1.461
202401 2.299 130.124 2.391
202404 1.265 132.289 1.294
202407 2.311 132.708 2.357
202410 2.395 133.182 2.434
202501 0.642 134.029 0.648
202504 1.163 135.347 1.163

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.


Applied Materials  (MIL:1AMAT) 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.


Applied Materials Cyclically Adjusted Price-to-FCF Related Terms

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


Applied Materials Business Description

Address
3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, USA, 95052-8039
Applied Materials Inc is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.

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