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Alpha & Omega Semiconductor (STU:AOY) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is Alpha & Omega Semiconductor Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpha & Omega Semiconductor Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alpha & Omega Semiconductor'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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Alpha & Omega Semiconductor Cyclically Adjusted Price-to-FCF Chart

Alpha & Omega Semiconductor Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Alpha & Omega Semiconductor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Alpha & Omega Semiconductor's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Alpha & Omega Semiconductor'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.


Alpha & Omega Semiconductor's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where Alpha & Omega Semiconductor's Cyclically Adjusted Price-to-FCF falls into.



Alpha & Omega Semiconductor 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.

Alpha & Omega Semiconductor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alpha & Omega Semiconductor's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.663/131.7762*131.7762
=0.663

Current CPI (Mar. 2024) = 131.7762.

Alpha & Omega Semiconductor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.226 100.560 0.296
201409 0.152 100.428 0.199
201412 0.086 99.070 0.114
201503 -0.087 99.621 -0.115
201506 0.018 100.684 0.024
201509 0.071 100.392 0.093
201512 0.497 99.792 0.656
201603 -0.052 100.470 -0.068
201606 0.224 101.688 0.290
201609 -0.295 101.861 -0.382
201612 0.091 101.863 0.118
201703 -0.224 102.862 -0.287
201706 -0.046 103.349 -0.059
201709 -0.731 104.136 -0.925
201712 -1.065 104.011 -1.349
201803 -2.265 105.290 -2.835
201806 -2.371 106.317 -2.939
201809 -1.098 106.507 -1.359
201812 -0.138 105.998 -0.172
201903 -1.172 107.251 -1.440
201906 -0.455 108.070 -0.555
201909 -0.615 108.329 -0.748
201912 -0.280 108.420 -0.340
202003 -0.090 108.902 -0.109
202006 0.954 108.767 1.156
202009 -0.048 109.815 -0.058
202012 0.681 109.897 0.817
202103 0.692 111.754 0.816
202106 0.361 114.631 0.415
202109 1.710 115.734 1.947
202112 0.663 117.630 0.743
202203 0.587 121.301 0.638
202206 -0.477 125.017 -0.503
202209 -0.123 125.227 -0.129
202212 -0.893 125.222 -0.940
202303 -0.372 127.348 -0.385
202306 -1.487 128.729 -1.522
202309 0.041 129.860 0.042
202312 -1.082 129.419 -1.102
202403 0.663 131.776 0.663

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.


Alpha & Omega Semiconductor  (STU:AOY) 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.


Alpha & Omega Semiconductor Cyclically Adjusted Price-to-FCF Related Terms

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Alpha & Omega Semiconductor (STU:AOY) Business Description

Traded in Other Exchanges
Address
475 Oakmead Pkwy, Sunnyvale, CA, USA, 94085
Alpha & Omega Semiconductor Ltd designs, develops and supplies a portfolio of power semiconductors targeting various applications, including personal computers, flat-panel TVs, LED lighting, smartphones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment. It generates revenue mainly from the sale of power semiconductors, consisting of power discretes and power ICs with a presence in Hong Kong, China, South Korea, the United States, and other countries.

Alpha & Omega Semiconductor (STU:AOY) Headlines

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