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Advanced Micro Devices (UKEX:AMD) Cyclically Adjusted FCF per Share : ₴18.09 (As of Mar. 2024)


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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 Mar. 2024 was ₴9.321. 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 ₴18.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Advanced Micro Devices's average Cyclically Adjusted FCF Growth Rate was 26.00% 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 (2024-05-28), Advanced Micro Devices's current stock price is ₴5184.00. Advanced Micro Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₴18.09. Advanced Micro Devices's Cyclically Adjusted Price-to-FCF of today is 286.57.

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 267.29.


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 - - 3.88 19.70 18.23

Advanced Micro Devices Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.35 22.75 26.14 18.23 18.09

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 Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.321/131.7762*131.7762
=9.321

Current CPI (Mar. 2024) = 131.7762.

Advanced Micro Devices Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.691 100.560 -3.526
201409 -0.565 100.428 -0.741
201412 4.877 99.070 6.487
201503 -10.065 99.621 -13.314
201506 -3.834 100.684 -5.018
201509 -4.159 100.392 -5.459
201512 1.374 99.792 1.814
201603 -3.457 100.470 -4.534
201606 -5.204 101.688 -6.744
201609 0.989 101.861 1.279
201612 6.797 101.863 8.793
201703 -13.823 102.862 -17.709
201706 -4.010 103.349 -5.113
201709 1.354 104.136 1.713
201712 11.672 104.011 14.788
201803 -5.936 105.290 -7.429
201806 -3.444 106.317 -4.269
201809 1.611 106.507 1.993
201812 2.943 105.998 3.659
201903 -10.133 107.251 -12.450
201906 -1.018 108.070 -1.241
201909 6.460 108.329 7.858
201912 13.912 108.420 16.909
202003 -3.952 108.902 -4.782
202006 4.994 108.767 6.050
202009 8.792 109.815 10.550
202012 16.017 109.897 19.206
202103 27.244 111.754 32.125
202106 29.055 114.631 33.401
202109 25.038 115.734 28.509
202112 24.259 117.630 27.177
202203 26.416 121.301 28.697
202206 22.378 125.017 23.588
202209 20.887 125.227 21.979
202212 11.030 125.222 11.607
202303 8.207 127.348 8.492
202306 6.293 128.729 6.442
202309 7.349 129.860 7.457
202312 6.003 129.419 6.112
202403 9.321 131.776 9.321

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


Advanced Micro Devices  (UKEX: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
=5184.00/18.09
=286.57

* 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 267.29.


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 (UKEX: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.