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ASML Holding NV (ASML Holding NV) Cyclically Adjusted Price-to-FCF : 93.07 (As of May. 22, 2024)


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What is ASML Holding NV Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), ASML Holding NV's current share price is $927.00. ASML Holding NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $9.96. ASML Holding NV's Cyclically Adjusted Price-to-FCF for today is 93.07.

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

ASMLF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 34.64   Med: 65.08   Max: 172.35
Current: 93.16

During the past years, ASML Holding NV's highest Cyclically Adjusted Price-to-FCF was 172.35. The lowest was 34.64. And the median was 65.08.

ASMLF's Cyclically Adjusted Price-to-FCF is ranked worse than
80.31% of 320 companies
in the Semiconductors industry
Industry Median: 40.025 vs ASMLF: 93.16

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.

ASML Holding NV's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-1.866. 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 $9.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASML Holding NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ASML Holding NV'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.

ASML Holding NV Cyclically Adjusted Price-to-FCF Chart

ASML Holding NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.17 94.58 112.76 59.02 73.96

ASML Holding NV 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 72.73 77.96 64.00 73.96 97.36

Competitive Comparison of ASML Holding NV's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.


ASML Holding NV's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



ASML Holding NV 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.

ASML Holding NV's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=927.00/9.96
=93.07

* 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.

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

For example, ASML Holding NV'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)
=-1.866/128.5800*128.5800
=-1.866

Current CPI (Mar. 2024) = 128.5800.

ASML Holding NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.384 99.240 0.498
201409 0.382 99.960 0.491
201412 0.797 99.050 1.035
201503 0.623 99.750 0.803
201506 0.529 100.230 0.679
201509 0.865 100.500 1.107
201512 2.193 99.730 2.827
201603 -0.168 100.310 -0.215
201606 1.003 100.260 1.286
201609 -0.189 100.570 -0.242
201612 2.695 100.710 3.441
201703 -0.525 101.440 -0.665
201706 1.219 101.370 1.546
201709 0.834 102.030 1.051
201712 2.480 101.970 3.127
201803 0.143 102.470 0.179
201806 1.691 103.100 2.109
201809 0.965 103.950 1.194
201812 3.872 103.970 4.789
201903 -1.911 105.370 -2.332
201906 -0.108 105.840 -0.131
201909 -0.333 106.700 -0.401
201912 8.636 106.800 10.397
202003 -2.999 106.850 -3.609
202006 0.377 107.510 0.451
202009 -0.086 107.880 -0.103
202012 12.693 107.850 15.133
202103 -3.261 108.870 -3.851
202106 9.713 109.670 11.388
202109 4.597 110.790 5.335
202112 17.092 114.010 19.276
202203 -2.298 119.460 -2.473
202206 6.140 119.050 6.632
202209 2.010 126.890 2.037
202212 13.190 124.940 13.574
202303 0.527 124.720 0.543
202306 -0.439 125.830 -0.449
202309 1.675 127.160 1.694
202312 7.174 126.450 7.295
202403 -1.866 128.580 -1.866

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.


ASML Holding NV  (OTCPK:ASMLF) 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.


ASML Holding NV Cyclically Adjusted Price-to-FCF Related Terms

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ASML Holding NV (ASML Holding NV) Business Description

Industry
Address
De Run 6501, Veldhoven, NB, NLD, 5504 DR
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.