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Semtech (Semtech) Cyclically Adjusted Price-to-FCF : 23.85 (As of Apr. 27, 2024)


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What is Semtech Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Semtech's current share 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 for today is 23.85.

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

SMTC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.12   Med: 28.39   Max: 57.12
Current: 23.11

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

SMTC's Cyclically Adjusted Price-to-FCF is ranked better than
70.18% of 342 companies
in the Semiconductors industry
Industry Median: 35.235 vs SMTC: 23.11

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 adjusted free cash flow per share data 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 10 will get our Cyclically Adjusted FCF per Share, which is $1.50 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Semtech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Semtech'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.

Semtech Cyclically Adjusted Price-to-FCF Chart

Semtech Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.07 49.26 42.19 18.33 13.21

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 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 18.33 11.76 18.41 9.10 13.21

Competitive Comparison of Semtech's Cyclically Adjusted Price-to-FCF

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 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.

Semtech's Cyclically Adjusted Price-to-FCF for 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.

Semtech's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

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.

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.


Semtech  (NAS:SMTC) 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.


Semtech Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Semtech's Cyclically Adjusted Price-to-FCF 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

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