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Seagate Technology Holdings (Seagate Technology Holdings) Cyclically Adjusted Price-to-FCF : 16.58 (As of Apr. 28, 2024)


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What is Seagate Technology Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Seagate Technology Holdings's current share price is $86.04. Seagate Technology Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.19. Seagate Technology Holdings's Cyclically Adjusted Price-to-FCF for today is 16.58.

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

STX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.8   Med: 12.63   Max: 24.68
Current: 16.58

During the past years, Seagate Technology Holdings's highest Cyclically Adjusted Price-to-FCF was 24.68. The lowest was 5.80. And the median was 12.63.

STX's Cyclically Adjusted Price-to-FCF is ranked better than
71.67% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs STX: 16.58

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.

Seagate Technology Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.601. 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 $5.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seagate Technology Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Seagate Technology Holdings'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.

Seagate Technology Holdings Cyclically Adjusted Price-to-FCF Chart

Seagate Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.18 10.15 16.86 12.74 11.13

Seagate Technology Holdings 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 12.09 11.13 12.06 16.29 17.93

Competitive Comparison of Seagate Technology Holdings's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Seagate Technology Holdings'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.


Seagate Technology Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Seagate Technology Holdings 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.

Seagate Technology Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=86.04/5.19
=16.58

* 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.

Seagate Technology Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Seagate Technology Holdings'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)
=0.601/120.1096*120.1096
=0.601

Current CPI (Mar. 2024) = 120.1096.

Seagate Technology Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.331 100.773 1.586
201409 1.276 100.474 1.525
201412 3.655 99.576 4.409
201503 0.652 99.975 0.783
201506 0.093 100.573 0.111
201509 1.997 100.274 2.392
201512 0.814 99.676 0.981
201603 0.369 99.676 0.445
201606 0.411 101.072 0.488
201609 1.498 100.274 1.794
201612 1.879 99.676 2.264
201703 1.107 100.374 1.325
201706 0.465 100.673 0.555
201709 0.387 100.474 0.463
201712 2.656 100.075 3.188
201803 1.680 100.573 2.006
201806 1.261 101.072 1.499
201809 1.404 101.371 1.664
201812 0.561 100.773 0.669
201903 1.025 101.670 1.211
201906 1.076 102.168 1.265
201909 1.144 102.268 1.344
201912 1.079 102.068 1.270
202003 0.989 102.367 1.160
202006 1.046 101.769 1.235
202009 0.718 101.072 0.853
202012 1.251 101.072 1.487
202103 1.156 102.367 1.356
202106 1.519 103.364 1.765
202109 1.641 104.859 1.880
202112 1.893 106.653 2.132
202203 1.635 109.245 1.798
202206 0.495 112.734 0.527
202209 0.533 113.431 0.564
202212 0.835 115.425 0.869
202303 0.841 117.618 0.859
202306 0.812 119.611 0.815
202309 0.274 120.708 0.273
202312 0.474 120.110 0.474
202403 0.601 120.110 0.601

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.


Seagate Technology Holdings  (NAS:STX) 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.


Seagate Technology Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Seagate Technology Holdings (Seagate Technology Holdings) Business Description

Address
38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
Executives
Ban Seng Teh officer: SVP, Sales 47488 KATO ROAD, FREMONT CA 94538
Katherine Schuelke officer: SVP, CLO & Corporate Secretary 47488 KATO ROAD, FREMONT CA 94538
John Christopher Morris officer: SVP, HDD & SDD Products & CTO 1280 DISC DRIVE, SHAKOPEE MN 55379
William D Mosley officer: President & COO SEAGATE TECHNOLOGY, 47488 KATO ROAD, FREMONT CA 94538
Gianluca Romano officer: EVP & CFO 47488 KATO ROAD, FREMONT CA 94538
Dylan G. Haggart director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Edward J Zander director MOTOROLA, INC., 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Kian Fatt Chong officer: SVP, Global Operations AVE 5, WOODLANDS U0 121
Jeffrey D. Nygaard officer: Executive Vice President 47488 KATO ROAD, FREMONT CA 94538
Robert A Bruggeworth director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Richard L Clemmer director P O BOX 34552, LAS VEGAS NV 89129
Stephen J Luczo director, officer: Chairman and CEO
Jay L Geldmacher director 5810 VAN ALLEN WAY, CARLSBAD CA 92008
Yolanda Lee Conyers director 47488 KATO ROAD, FREMONT CA 94538
Stephanie Tilenius director C/O IRONPLANET, INC., 4695 CHABOT DRIVE, SUITE 102, PLEASANTON CA 94588