GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advanced Micro Devices Inc (NEOE:AMD) » Definitions » Cyclically Adjusted FCF per Share

Advanced Micro Devices (NEOE:AMD) Cyclically Adjusted FCF per Share : C$0.11 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Advanced Micro Devices Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Advanced Micro Devices's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$0.032. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$0.11 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Advanced Micro Devices's average Cyclically Adjusted FCF Growth Rate was 27.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Advanced Micro Devices was 42.60% per year. The lowest was -64.30% per year. And the median was -0.20% per year.

As of today (2024-04-28), Advanced Micro Devices's current stock price is C$30.22. Advanced Micro Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.11. Advanced Micro Devices's Cyclically Adjusted Price-to-FCF of today is 274.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Advanced Micro Devices was 1856.67. The lowest was 145.36. And the median was 299.30.


Advanced Micro Devices Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Advanced Micro Devices's Cyclically Adjusted FCF per Share 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.

Advanced Micro Devices Cyclically Adjusted FCF per Share Chart

Advanced Micro Devices Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.03 0.09 0.11

Advanced Micro Devices Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 0.09 0.10 0.10 0.11 0.11

Competitive Comparison of Advanced Micro Devices's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Advanced Micro Devices'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.


Advanced Micro Devices's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Advanced Micro Devices Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Advanced Micro Devices'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)
=0.032/129.4194*129.4194
=0.032

Current CPI (Dec. 2023) = 129.4194.

Advanced Micro Devices Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.053 99.695 -0.069
201406 -0.012 100.560 -0.015
201409 -0.002 100.428 -0.003
201412 0.023 99.070 0.030
201503 -0.051 99.621 -0.066
201506 -0.019 100.684 -0.024
201509 -0.022 100.392 -0.028
201512 0.008 99.792 0.010
201603 -0.018 100.470 -0.023
201606 -0.027 101.688 -0.034
201609 0.005 101.861 0.006
201612 0.036 101.863 0.046
201703 -0.074 102.862 -0.093
201706 -0.021 103.349 -0.026
201709 0.007 104.136 0.009
201712 0.060 104.011 0.075
201803 -0.031 105.290 -0.038
201806 -0.018 106.317 -0.022
201809 0.008 106.507 0.010
201812 0.016 105.998 0.020
201903 -0.054 107.251 -0.065
201906 -0.005 108.070 -0.006
201909 0.034 108.329 0.041
201912 0.074 108.420 0.088
202003 -0.022 108.902 -0.026
202006 0.027 108.767 0.032
202009 0.047 109.815 0.055
202012 0.082 109.897 0.097
202103 0.137 111.754 0.159
202106 0.142 114.631 0.160
202109 0.127 115.734 0.142
202112 0.125 117.630 0.138
202203 0.134 121.301 0.143
202206 0.115 125.017 0.119
202209 0.112 125.227 0.116
202212 0.060 125.222 0.062
202303 0.045 127.348 0.046
202306 0.034 128.729 0.034
202309 0.040 129.860 0.040
202312 0.032 129.419 0.032

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Advanced Micro Devices  (NEOE:AMD) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Advanced Micro Devices's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=30.22/0.11
=274.73

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Advanced Micro Devices was 1856.67. The lowest was 145.36. And the median was 299.30.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Advanced Micro Devices Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Advanced Micro Devices's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Advanced Micro Devices (NEOE:AMD) Business Description

Address
2485 Augustine Drive, Santa Clara, CA, USA, 95054
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications, among others. AMD's traditional strength was in central processing units, CPUs, and graphics processing units, or GPUs, used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array, or FPGA, leader Xilinx to diversify its business and augment its opportunities in key end markets such as the data center and automotive.