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MLXSF (Melexis NV) Cyclically Adjusted Price-to-FCF : 41.91 (As of Sep. 25, 2024)


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

As of today (2024-09-25), Melexis NV's current share price is $110.65. Melexis NV's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $2.64. Melexis NV's Cyclically Adjusted Price-to-FCF for today is 41.91.

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

MLXSF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 31.58   Med: 46.99   Max: 68.43
Current: 39.34

During the past years, Melexis NV's highest Cyclically Adjusted Price-to-FCF was 68.43. The lowest was 31.58. And the median was 46.99.

MLXSF's Cyclically Adjusted Price-to-FCF is ranked worse than
52.58% of 291 companies
in the Semiconductors industry
Industry Median: 36.61 vs MLXSF: 39.34

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.

Melexis NV's adjusted free cash flow per share data for the three months ended in Jun. 2024 was $1.190. 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 $2.64 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melexis NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Melexis 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.

Melexis NV Cyclically Adjusted Price-to-FCF Chart

Melexis 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 46.39 51.61 58.85 37.05 49.80

Melexis NV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 47.83 43.88 49.80 40.19 41.92

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

For the Semiconductors subindustry, Melexis 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.


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

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

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



Melexis 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=110.65/2.64
=41.91

* 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.19/130.6905*130.6905
=1.190

Current CPI (Jun. 2024) = 130.6905.

Melexis NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.787 99.195 1.037
201412 0.647 99.086 0.853
201503 0.082 99.423 0.108
201506 0.606 100.107 0.791
201509 0.759 100.245 0.990
201512 0.606 100.572 0.787
201603 0.419 101.653 0.539
201606 0.826 102.267 1.056
201609 0.384 102.118 0.491
201612 0.525 102.614 0.669
201703 0.424 103.972 0.533
201706 0.383 103.902 0.482
201709 0.731 104.170 0.917
201712 0.363 104.804 0.453
201803 -0.176 105.419 -0.218
201806 -0.271 106.063 -0.334
201809 0.228 106.618 0.279
201812 0.839 107.252 1.022
201903 0.173 107.876 0.210
201906 0.020 107.896 0.024
201909 0.811 107.470 0.986
201912 0.856 108.065 1.035
202003 0.356 108.550 0.429
202006 0.188 108.540 0.226
202009 0.627 108.441 0.756
202012 0.887 108.511 1.068
202103 0.652 109.522 0.778
202106 0.565 110.305 0.669
202109 0.712 111.543 0.834
202112 1.066 114.705 1.215
202203 0.655 118.620 0.722
202206 0.988 120.948 1.068
202209 1.421 124.120 1.496
202212 0.741 126.578 0.765
202303 0.217 126.528 0.224
202306 -3.091 125.973 -3.207
202309 0.142 127.083 0.146
202312 0.287 128.292 0.292
202403 0.250 130.552 0.250
202406 1.190 130.691 1.190

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.


Melexis NV  (OTCPK:MLXSF) 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.


Melexis NV Cyclically Adjusted Price-to-FCF Related Terms

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Melexis NV Business Description

Industry
Traded in Other Exchanges
Address
Rozendaalstraat 12, Ieper, BEL, 8900
Melexis designs sensor integrated circuits, which are a type of analog/mixed-signal chip, for the automobile industry. Its chips measure variables like positioning, temperature, electrical current, and pressure and convert real-world signals into digital signals to control car functionalities like the powertrain, rotation, safety systems, and pumps and fans, among many others.

Melexis NV Headlines

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