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Cirrus Logic (Cirrus Logic) Cyclically Adjusted Price-to-FCF : 28.87 (As of Jun. 08, 2024)


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What is Cirrus Logic Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Cirrus Logic's current share price is $117.52. Cirrus Logic's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.07. Cirrus Logic's Cyclically Adjusted Price-to-FCF for today is 28.87.

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

CRUS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.45   Med: 26.09   Max: 51.03
Current: 28.91

During the past years, Cirrus Logic's highest Cyclically Adjusted Price-to-FCF was 51.03. The lowest was 14.45. And the median was 26.09.

CRUS's Cyclically Adjusted Price-to-FCF is ranked better than
61.45% of 345 companies
in the Semiconductors industry
Industry Median: 40.14 vs CRUS: 28.91

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.

Cirrus Logic's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-1.451. 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 $4.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cirrus Logic Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cirrus Logic'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.

Cirrus Logic Cyclically Adjusted Price-to-FCF Chart

Cirrus Logic Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.21 26.29 23.69 26.73 22.77

Cirrus Logic 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 26.73 20.38 19.16 19.54 22.77

Competitive Comparison of Cirrus Logic's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Cirrus Logic'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.


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

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

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



Cirrus Logic 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.

Cirrus Logic's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=117.52/4.07
=28.87

* 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.

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

For example, Cirrus Logic'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)
=-1.451/131.7762*131.7762
=-1.451

Current CPI (Mar. 2024) = 131.7762.

Cirrus Logic Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.145 100.560 0.190
201409 -0.350 100.428 -0.459
201412 0.795 99.070 1.057
201503 1.341 99.621 1.774
201506 0.463 100.684 0.606
201509 -0.839 100.392 -1.101
201512 1.574 99.792 2.078
201603 0.372 100.470 0.488
201606 0.034 101.688 0.044
201609 0.162 101.861 0.210
201612 2.946 101.863 3.811
201703 1.622 102.862 2.078
201706 -0.526 103.349 -0.671
201709 1.031 104.136 1.305
201712 1.800 104.011 2.280
201803 1.284 105.290 1.607
201806 -0.128 106.317 -0.159
201809 1.053 106.507 1.303
201812 1.862 105.998 2.315
201903 -0.001 107.251 -0.001
201906 0.811 108.070 0.989
201909 0.912 108.329 1.109
201912 2.060 108.420 2.504
202003 0.756 108.902 0.915
202006 -0.027 108.767 -0.033
202009 0.592 109.815 0.710
202012 2.158 109.897 2.588
202103 2.754 111.754 3.247
202106 -0.650 114.631 -0.747
202109 0.391 115.734 0.445
202112 -2.365 117.630 -2.649
202203 4.261 121.301 4.629
202206 1.162 125.017 1.225
202209 0.448 125.227 0.471
202212 3.063 125.222 3.223
202303 0.642 127.348 0.664
202306 -0.920 128.729 -0.942
202309 -0.555 129.860 -0.563
202312 5.466 129.419 5.566
202403 -1.451 131.776 -1.451

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.


Cirrus Logic  (NAS:CRUS) 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.


Cirrus Logic Cyclically Adjusted Price-to-FCF Related Terms

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


Cirrus Logic (Cirrus Logic) Business Description

Industry
Traded in Other Exchanges
Address
800 West 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.
Executives
Andrew Brannan officer: VP, Worldwide Sales WESTFIELD HOUSE, 26 WESTFIELD ROAD, EDINBURGH X0 EH11 2QB
Le Duy Loan T director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Scott Thomas officer: VP General Counsel C/O CIRRUS LOGIC INC, 800 WEST 6TH STREET, AUSTIN TX 78701
Alexander M Davern director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Scott Arnold Anderson officer: SVP & GM Mixed Signal Audio 1303 E ALGONQUIN RD, SCHAUMBURG IL 60196
Carl Jackson Alberty officer: VP of MSP 800 W. 6TH STREET, AUSTIN TX 78701
Justin E Dougherty officer: VP, Engineering Operation 800 W. 6TH STREET, AUSTIN TX 78701
Timothy R Dehne director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Venkatesh Nathamuni officer: Chief Financial Officer 800 W. 6TH STREET, AUSTIN TX 78701
Denise Grode officer: Chief Human Resources Officer 800 W. 6TH STREET, AUSTIN TX 78701
Jeffrey W Baumgartner officer: VP, R&D 800 W. 6TH STREET, AUSTIN TX 78701
Allan Hughes officer: VP, Cirrus Logic Internat WESTFIELD HOUSE, 26 WESTFIELD ROAD, EDINBURGH X0 EH11 2QB
Thurman K Case officer: VP and CFO C/O CIRRUS LOGIC INC, 800 W. 6TH STREET, AUSTIN TX 78701
John Forsyth director, officer: CEO 800 W. 6TH STREET, AUSTIN TX 78701
Muhammad Raghib Hussain director 5488 MARVELL LANE, SANTA CLARA CA 95054

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