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Advanced Micro Devices (Advanced Micro Devices) Cyclically Adjusted Price-to-FCF : 281.07 (As of Apr. 27, 2024)


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What is Advanced Micro Devices Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Advanced Micro Devices's current share price is $157.40. Advanced Micro Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.56. Advanced Micro Devices's Cyclically Adjusted Price-to-FCF for today is 281.07.

The historical rank and industry rank for Advanced Micro Devices's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AMD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 145.36   Med: 299.3   Max: 1856.67
Current: 282.46

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

AMD's Cyclically Adjusted Price-to-FCF is ranked worse than
95.01% of 341 companies
in the Semiconductors industry
Industry Median: 35.23 vs AMD: 282.46

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 adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.149. 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 $0.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Micro Devices Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Advanced Micro Devices'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.

Advanced Micro Devices Cyclically Adjusted Price-to-FCF Chart

Advanced Micro Devices 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 - - 1,002.38 146.03 264.54

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 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 146.03 194.80 212.58 184.22 264.54

Competitive Comparison of Advanced Micro Devices's Cyclically Adjusted Price-to-FCF

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 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=157.40/0.56
=281.07

* 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.

Advanced Micro Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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)
=0.149/129.4194*129.4194
=0.149

Current CPI (Dec. 2023) = 129.4194.

Advanced Micro Devices Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.296 99.695 -0.384
201406 -0.067 100.560 -0.086
201409 -0.014 100.428 -0.018
201412 0.121 99.070 0.158
201503 -0.250 99.621 -0.325
201506 -0.095 100.684 -0.122
201509 -0.103 100.392 -0.133
201512 0.034 99.792 0.044
201603 -0.086 100.470 -0.111
201606 -0.129 101.688 -0.164
201609 0.025 101.861 0.032
201612 0.169 101.863 0.215
201703 -0.343 102.862 -0.432
201706 -0.099 103.349 -0.124
201709 0.034 104.136 0.042
201712 0.290 104.011 0.361
201803 -0.147 105.290 -0.181
201806 -0.085 106.317 -0.103
201809 0.040 106.507 0.049
201812 0.073 105.998 0.089
201903 -0.251 107.251 -0.303
201906 -0.025 108.070 -0.030
201909 0.160 108.329 0.191
201912 0.345 108.420 0.412
202003 -0.098 108.902 -0.116
202006 0.124 108.767 0.148
202009 0.218 109.815 0.257
202012 0.397 109.897 0.468
202103 0.676 111.754 0.783
202106 0.721 114.631 0.814
202109 0.621 115.734 0.694
202112 0.602 117.630 0.662
202203 0.655 121.301 0.699
202206 0.555 125.017 0.575
202209 0.518 125.227 0.535
202212 0.274 125.222 0.283
202303 0.204 127.348 0.207
202306 0.156 128.729 0.157
202309 0.182 129.860 0.181
202312 0.149 129.419 0.149

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.


Advanced Micro Devices  (NAS:AMD) 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.


Advanced Micro Devices Cyclically Adjusted Price-to-FCF Related Terms

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


Advanced Micro Devices (Advanced Micro Devices) 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.
Executives
Darla M Smith other: Chief Accounting Officer 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Lisa T Su officer: SVP, GM Global Business Units C/O ADVANCED MICRO DEVICES, INC., 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Paul Darren Grasby officer: SVP & CSO, President EMEA 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Philip Guido officer: EVP & Chief Commercial Officer 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Mark D Papermaster officer: SVP & Chief Technology Officer ONE AMD PLACE, SUNNYVALE CA 94088
Victor Peng officer: President, AECG MIPS TECHNOLOGIES INC, 1225 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Harry A Wolin officer: SVP & GC ONE AMD PLACE, SUNNYVALE CA 94088
Forrest Eugene Norrod officer: SVP & GM EESC 9507 GLENLAKE DRIVE, AUSTIN TX 78730
Jack M Huynh officer: SVP & GM, Computing & Graphics 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Devinder Kumar officer: SVP, CFO & Treasurer ONE AMD PLACE, MS 68, SUNNYVALE CA 94088
Rick Bergman other: SR VP & GM GPG C/O ADVANCED MICRO DEVICES, INC., 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Jean X. Hu officer: EVP, CFO and Treasurer 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Jon A Olson director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Elizabeth W Vanderslice director C/O XILINX INC, 2100 LOGIC DRIVE, SAN JOSE CA 95124
John Edward Caldwell director ONE AMD PLACE, MS 68, SUNNYVALE CA 94088