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Linear Technology (Linear Technology) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Linear Technology Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Linear Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Linear Technology'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.

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Linear Technology Cyclically Adjusted Price-to-FCF Chart

Linear Technology Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Cyclically Adjusted Price-to-FCF
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Linear Technology Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Linear Technology's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Linear Technology'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.


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

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

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



Linear Technology 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.

Linear Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Linear Technology's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=0.68/101.8627*101.8627
=0.680

Current CPI (Dec. 2016) = 101.8627.

Linear Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200703 0.265 86.640 0.312
200706 0.433 87.906 0.502
200709 0.653 87.964 0.756
200712 0.414 88.616 0.476
200803 0.624 90.090 0.706
200806 0.491 92.320 0.542
200809 0.542 92.307 0.598
200812 0.421 88.697 0.483
200903 0.432 89.744 0.490
200906 0.278 91.003 0.311
200909 0.460 91.120 0.514
200912 0.334 91.111 0.373
201003 0.589 91.821 0.653
201006 0.604 91.962 0.669
201009 0.609 92.162 0.673
201012 0.541 92.474 0.596
201103 0.461 94.283 0.498
201106 0.758 95.235 0.811
201109 0.560 95.727 0.596
201112 0.577 95.213 0.617
201203 0.471 96.783 0.496
201206 0.656 96.819 0.690
201209 0.719 97.633 0.750
201212 0.402 96.871 0.423
201303 0.515 98.209 0.534
201306 0.667 98.518 0.690
201309 0.494 98.790 0.509
201312 0.684 98.326 0.709
201403 0.381 99.695 0.389
201406 0.753 100.560 0.763
201409 0.447 100.428 0.453
201412 0.539 99.070 0.554
201503 0.580 99.621 0.593
201506 0.624 100.684 0.631
201509 0.675 100.392 0.685
201512 0.596 99.792 0.608
201603 0.671 100.470 0.680
201606 0.661 101.688 0.662
201609 0.649 101.861 0.649
201612 0.680 101.863 0.680

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.


Linear Technology  (NAS:LLTC) 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.


Linear Technology Cyclically Adjusted Price-to-FCF Related Terms

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Linear Technology (Linear Technology) Business Description

Traded in Other Exchanges
N/A
Address
Linear Technology designs and manufactures standard high-performance analog integrated circuits for a diverse customer base spanning industrial, automotive, communications, and high-end consumer electronics. The firm offers thousands of analog products to tens of thousands of original equipment manufacturers globally. Most of its products support functions such as power management, data interface, and conversion. International markets account for the lion's share of Linear's revenue.
Executives
Steve Pietkiewicz officer: VP & GM Power Business Unit 1630 MCCARTHY BLVD., MILPITAS CA 95035
Swanson Robert H Jr director, officer: Executive Chair 1630 MCCARTHY BLVD, MILPITAS CA 95035
Lothar Maier director, officer: CEO 1630 MCCARTHY BLVD, MILPITAS CA 95035

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