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Semtech (Semtech) Cyclically Adjusted FCF per Share : $1.50 (As of Jan. 2024)


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What is Semtech 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.

Semtech's adjusted free cash flow per share for the three months ended in Jan. 2024 was $0.172. 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 $1.50 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Semtech's average Cyclically Adjusted FCF Growth Rate was -16.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.80% 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 Semtech was 56.00% per year. The lowest was 1.40% per year. And the median was 8.50% per year.

As of today (2024-04-27), Semtech's current stock price is $35.77. Semtech's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $1.50. Semtech's Cyclically Adjusted Price-to-FCF of today is 23.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Semtech was 57.12. The lowest was 9.12. And the median was 28.39.


Semtech Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Semtech'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.

Semtech Cyclically Adjusted FCF per Share Chart

Semtech Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.44 1.69 1.80 1.50

Semtech Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.80 1.66 1.59 1.53 1.50

Competitive Comparison of Semtech's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Semtech'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.


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

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

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



Semtech 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, Semtech's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.172/129.4194*129.4194
=0.172

Current CPI (Jan. 2024) = 129.4194.

Semtech Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.241 100.023 0.312
201407 0.458 100.520 0.590
201410 0.304 100.176 0.393
201501 0.078 98.604 0.102
201504 0.148 99.824 0.192
201507 0.465 100.691 0.598
201510 0.252 100.346 0.325
201601 0.494 99.957 0.640
201604 0.169 100.947 0.217
201607 0.440 101.524 0.561
201610 0.466 101.988 0.591
201701 0.206 102.456 0.260
201704 0.077 103.167 0.097
201707 0.324 103.278 0.406
201710 0.280 104.070 0.348
201801 0.443 104.578 0.548
201804 0.441 105.708 0.540
201807 0.645 106.324 0.785
201810 0.711 106.695 0.862
201901 0.631 106.200 0.769
201904 -0.125 107.818 -0.150
201907 0.468 108.250 0.560
201910 0.442 108.577 0.527
202001 0.638 108.841 0.759
202004 0.278 108.173 0.333
202007 0.458 109.318 0.542
202010 0.322 109.861 0.379
202101 0.247 110.364 0.290
202104 0.406 112.673 0.466
202107 0.702 115.183 0.789
202110 0.937 116.696 1.039
202201 0.657 118.619 0.717
202204 0.647 121.978 0.686
202207 1.094 125.002 1.133
202210 0.174 125.734 0.179
202301 -0.383 126.223 -0.393
202304 -1.626 127.992 -1.644
202307 -0.300 128.974 -0.301
202310 -0.201 129.810 -0.200
202401 0.172 129.419 0.172

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


Semtech  (NAS:SMTC) 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.

Semtech's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=35.77/1.5
=23.85

* 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 Semtech was 57.12. The lowest was 9.12. And the median was 28.39.


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.


Semtech Cyclically Adjusted FCF per Share Related Terms

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


Semtech (Semtech) Business Description

Industry
Traded in Other Exchanges
Address
200 Flynn Road, Camarillo, CA, USA, 93012-8790
Semtech Corp is engaged in designing, developing, manufacturing and marketing analog and mixed-signal semiconductors, algorithms and wireless semiconductors, connectivity modules, gateways, routers and connected services for IoT. The company operates in four reportable segments' 1) Signal Integrity, 2) Advanced Protection and Sensing, 3) IoT System and 4) IoT Connected Services. The majority of the company's revenue is earned through Advanced Protection and Sensing Products segment. Geographically majority of the company's revenue is earned from Asia Pacific region.
Executives
Sylvia Summers director 200 FLYNN ROAD, CAMARILLO CA 93012
Mark Lin officer: EVP and CFO 200 FLYNN ROAD, CAMARILLO CA 93012
Michael W Rodensky officer: VP 200 FLYNN ROAD, CAMARILLO CA 93012
Walsh Paul V Jr director 200 FLYNN ROAD, CAMARILLO CA 93012
Hong Q Hou director, Board of Directors
Paul H Pickle director, officer: President and CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Gregory Michael Fischer director 200 FLYNN ROAD, CAMARILLO CA 93012
William Ross Gray officer: VP 200 FLYNN ROAD, CAMARILLO CA 93012
Thomas John Mueller officer: EVP 200 FLYNN ROAD, CAMARILLO CA 93012
Asaf Silberstein officer: Vice President 200 FLYNN ROAD, CAMARILLO CA 93012-8079
Julie Anne Mcgee officer: SVP and CMO 200 FLYNN ROAD, CAMARILLO CA 93012
John Michael Wilson officer: Vice President SEMTECH CORPORATION, 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Christopher H Chang officer: SVP 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Mohan Maheswaran director, officer: President and CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Emeka Chukwu officer: VP - Chief Financial Officer 200 FLYNN ROAD, CAMARILLO CA 93012-8790

Semtech (Semtech) Headlines

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