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CEVA (STU:PVJA) Cyclically Adjusted Price-to-FCF : 38.70 (As of May. 12, 2025)


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What is CEVA Cyclically Adjusted Price-to-FCF?

As of today (2025-05-12), CEVA's current share price is €17.80. CEVA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was €0.46. CEVA's Cyclically Adjusted Price-to-FCF for today is 38.70.

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

STU:PVJA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.51   Med: 48.52   Max: 111.52
Current: 42.88

During the past years, CEVA's highest Cyclically Adjusted Price-to-FCF was 111.52. The lowest was 29.51. And the median was 48.52.

STU:PVJA's Cyclically Adjusted Price-to-FCF is ranked worse than
61.02% of 354 companies
in the Semiconductors industry
Industry Median: 30.9 vs STU:PVJA: 42.88

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.

CEVA's adjusted free cash flow per share data for the three months ended in Dec. 2024 was €0.283. 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 €0.46 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEVA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CEVA'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.

CEVA Cyclically Adjusted Price-to-FCF Chart

CEVA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.49 67.68 42.84 45.32 67.38

CEVA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 45.32 50.90 40.28 53.19 67.38

Competitive Comparison of CEVA's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, CEVA'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.


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

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

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


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CEVA 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.80/0.46
=38.70

* 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.

CEVA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.283/133.1571*133.1571
=0.283

Current CPI (Dec. 2024) = 133.1571.

CEVA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.046 99.621 -0.061
201506 0.111 100.684 0.147
201509 0.217 100.392 0.288
201512 0.457 99.792 0.610
201603 -0.008 100.470 -0.011
201606 -0.077 101.688 -0.101
201609 0.080 101.861 0.105
201612 0.521 101.863 0.681
201703 0.205 102.862 0.265
201706 0.135 103.349 0.174
201709 0.225 104.136 0.288
201712 0.221 104.011 0.283
201803 0.018 105.290 0.023
201806 -0.024 106.317 -0.030
201809 -0.025 106.507 -0.031
201812 0.153 105.998 0.192
201903 0.163 107.251 0.202
201906 -0.167 108.070 -0.206
201909 -0.340 108.329 -0.418
201912 0.281 108.420 0.345
202003 0.232 108.902 0.284
202006 0.227 108.767 0.278
202009 -0.209 109.815 -0.253
202012 0.238 109.897 0.288
202103 0.527 111.754 0.628
202106 -0.250 114.631 -0.290
202109 0.228 115.734 0.262
202112 0.368 117.630 0.417
202203 0.350 121.301 0.384
202206 -0.380 125.017 -0.405
202209 0.043 125.227 0.046
202212 0.115 125.222 0.122
202303 -0.207 127.348 -0.216
202306 -0.232 128.729 -0.240
202309 -0.086 129.860 -0.088
202312 0.158 129.419 0.163
202403 -0.323 131.776 -0.326
202406 0.070 132.554 0.070
202409 -0.001 133.029 -0.001
202412 0.283 133.157 0.283

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.


CEVA  (STU:PVJA) 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.


CEVA Cyclically Adjusted Price-to-FCF Related Terms

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


CEVA Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » CEVA Inc (STU:PVJA) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
15245 Shady Grove Road, Suite 400, Rockville, MD, USA, 20850
CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived primarily from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems.

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