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Pixelworks (Pixelworks) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Pixelworks Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pixelworks Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pixelworks'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.

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Pixelworks Cyclically Adjusted Price-to-FCF Chart

Pixelworks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Pixelworks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Pixelworks's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Pixelworks'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.


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

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

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



Pixelworks 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.

Pixelworks's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Pixelworks's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.041/129.4194*129.4194
=-0.041

Current CPI (Dec. 2023) = 129.4194.

Pixelworks Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.041 99.695 0.053
201406 -0.033 100.560 -0.042
201409 -0.042 100.428 -0.054
201412 -0.015 99.070 -0.020
201503 -0.088 99.621 -0.114
201506 -0.016 100.684 -0.021
201509 -0.085 100.392 -0.110
201512 -0.083 99.792 -0.108
201603 -0.130 100.470 -0.167
201606 -0.058 101.688 -0.074
201609 -0.038 101.861 -0.048
201612 0.093 101.863 0.118
201703 -0.051 102.862 -0.064
201706 0.403 103.349 0.505
201709 -0.085 104.136 -0.106
201712 0.034 104.011 0.042
201803 -0.130 105.290 -0.160
201806 -0.005 106.317 -0.006
201809 0.085 106.507 0.103
201812 0.010 105.998 0.012
201903 -0.109 107.251 -0.132
201906 -0.011 108.070 -0.013
201909 -0.028 108.329 -0.033
201912 -0.204 108.420 -0.244
202003 0.018 108.902 0.021
202006 -0.029 108.767 -0.035
202009 -0.130 109.815 -0.153
202012 -0.017 109.897 -0.020
202103 -0.133 111.754 -0.154
202106 -0.030 114.631 -0.034
202109 0.060 115.734 0.067
202112 -0.138 117.630 -0.152
202203 -0.117 121.301 -0.125
202206 -0.099 125.017 -0.102
202209 -0.047 125.227 -0.049
202212 -0.030 125.222 -0.031
202303 -0.153 127.348 -0.155
202306 -0.144 128.729 -0.145
202309 -0.069 129.860 -0.069
202312 -0.041 129.419 -0.041

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.


Pixelworks  (NAS:PXLW) 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.


Pixelworks Cyclically Adjusted Price-to-FCF Related Terms

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


Pixelworks (Pixelworks) Business Description

Industry
Traded in Other Exchanges
Address
16760 Upper Boones Ferry Road, Suite 101, Portland, OR, USA, 97224
Pixelworks Inc is a provider of visual processing semiconductor and software solutions that enable consistently high-quality and authentic viewing experiences in a wide variety of applications. The company defines its key target markets as Mobile (smartphone and tablet), Home and Enterprise (projectors, personal video recorders (PVR), and over-the-air (OTA) streaming devices), and Cinema (creation, remastering, and delivery of digital video content). The company operates in one segment: the design, development, marketing and sale of IC solutions for use in electronic display devices. The company generates its revenue from two broad product markets: the Mobile market and the Home and Enterprise market. The majority of the revenue is earned in Japan.
Executives
Haley F Green officer: Chief Financial Officer 16760 SW UPPER BOONES FERRY RD., SUITE 101, PORTLAND OR 97224
Todd Debonis officer: Chief Operating Officer 47211 LAKEVIEW BLVD, FREMONT CA 94538
Daniel Heneghan director
John Y. Liu director 16760 SW UPPER BOONES FERRY RD., SUITE 101, PORTLAND OR 97224
Dean Warren Butler director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Elias Nader officer: VP and Chief Financial Officer 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035
C Scott Gibson director PMB 316, PO BOX 30,000, JACKSON WY 83002
David J. Tupman director 1028 CHURCH ST., SAN FRANCISCO CA 94114
Amy L Bunszel director 226 AIRPORT PARKWAY, SUITE 595, SAN JOSE CA 95110
Richard L Sanquini director 14087 LOMA RIO DR, SARATOGA CA 95070
Steven L Moore officer: VP Finance, CFO & Treasurer
Stephen L Domenik director, officer: Chief Executive Officer C/O SEVIN ROSEN FUNDS, 13455 NOEL RD #1670, DALLAS TX 75240
Bruce A Walicek director 8100 SW NYBERG ROAD, TUALATIN OR 97062
Northern Right Capital Management, L.p. other: Member of a 13(d) 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bradley J. Shisler other: See Remarks 7400 49TH AVENUE NORTH, NEW HOPE MN 55428