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Skyworks Solutions (WBO:SWKS) Cyclically Adjusted Price-to-FCF : 14.22 (As of May. 14, 2024)


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What is Skyworks Solutions Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Skyworks Solutions's current share price is €88.29. Skyworks Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €6.21. Skyworks Solutions's Cyclically Adjusted Price-to-FCF for today is 14.22.

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

WBO:SWKS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.76   Med: 36.47   Max: 87.46
Current: 14.02

During the past years, Skyworks Solutions's highest Cyclically Adjusted Price-to-FCF was 87.46. The lowest was 13.76. And the median was 36.47.

WBO:SWKS's Cyclically Adjusted Price-to-FCF is ranked better than
87.86% of 346 companies
in the Semiconductors industry
Industry Median: 38.515 vs WBO:SWKS: 14.02

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.

Skyworks Solutions's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.511. 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 €6.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skyworks Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Skyworks Solutions'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.

Skyworks Solutions Cyclically Adjusted Price-to-FCF Chart

Skyworks Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.63 38.40 36.47 15.98 15.63

Skyworks Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.84 17.98 15.63 16.90 16.17

Competitive Comparison of Skyworks Solutions's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Skyworks Solutions'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.


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

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

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



Skyworks Solutions 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=88.29/6.21
=14.22

* 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.

Skyworks Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Skyworks Solutions'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)
=1.511/129.4194*129.4194
=1.511

Current CPI (Mar. 2024) = 129.4194.

Skyworks Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.501 100.560 0.645
201409 0.470 100.428 0.606
201412 1.236 99.070 1.615
201503 0.336 99.621 0.437
201506 0.519 100.684 0.667
201509 0.374 100.392 0.482
201512 1.253 99.792 1.625
201603 0.544 100.470 0.701
201606 0.389 101.688 0.495
201609 1.962 101.861 2.493
201612 2.256 101.863 2.866
201703 0.869 102.862 1.093
201706 0.959 103.349 1.201
201709 1.446 104.136 1.797
201712 1.488 104.011 1.851
201803 1.513 105.290 1.860
201806 0.299 106.317 0.364
201809 0.453 106.507 0.550
201812 2.075 105.998 2.533
201903 0.418 107.251 0.504
201906 0.626 108.070 0.750
201909 1.682 108.329 2.009
201912 1.506 108.420 1.798
202003 1.161 108.902 1.380
202006 0.948 108.767 1.128
202009 0.602 109.815 0.709
202012 1.781 109.897 2.097
202103 2.383 111.754 2.760
202106 0.777 114.631 0.877
202109 0.652 115.734 0.729
202112 2.553 117.630 2.809
202203 1.424 121.301 1.519
202206 0.506 125.017 0.524
202209 0.569 125.227 0.588
202212 4.137 125.222 4.276
202303 2.097 127.348 2.131
202306 1.562 128.729 1.570
202309 1.676 129.860 1.670
202312 4.244 129.419 4.244
202403 1.511 129.419 1.511

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.


Skyworks Solutions  (WBO:SWKS) 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.


Skyworks Solutions Cyclically Adjusted Price-to-FCF Related Terms

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


Skyworks Solutions (WBO:SWKS) Business Description

Traded in Other Exchanges
Address
5260 California Avenue, Irvine, CA, USA, 92617
Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.