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Monolithic Power Systems (Monolithic Power Systems) Cyclically Adjusted FCF per Share : $4.62 (As of Mar. 2024)


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What is Monolithic Power Systems 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.

Monolithic Power Systems's adjusted free cash flow per share for the three months ended in Mar. 2024 was $4.743. 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 $4.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Monolithic Power Systems's average Cyclically Adjusted FCF Growth Rate was 35.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 29.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 26.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 19.70% 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 Monolithic Power Systems was 29.60% per year. The lowest was 6.10% per year. And the median was 16.05% per year.

As of today (2024-05-21), Monolithic Power Systems's current stock price is $755.88. Monolithic Power Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.62. Monolithic Power Systems's Cyclically Adjusted Price-to-FCF of today is 163.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Monolithic Power Systems was 240.89. The lowest was 43.05. And the median was 108.66.


Monolithic Power Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Monolithic Power Systems'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.

Monolithic Power Systems Cyclically Adjusted FCF per Share Chart

Monolithic Power Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.88 2.41 2.95 4.09

Monolithic Power Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.42 3.60 3.92 4.09 4.62

Competitive Comparison of Monolithic Power Systems's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Monolithic Power Systems'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.


Monolithic Power Systems's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Monolithic Power Systems 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, Monolithic Power Systems'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)
=4.743/131.7762*131.7762
=4.743

Current CPI (Mar. 2024) = 131.7762.

Monolithic Power Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.610 100.560 0.799
201409 0.358 100.428 0.470
201412 0.465 99.070 0.619
201503 0.270 99.621 0.357
201506 0.140 100.684 0.183
201509 0.499 100.392 0.655
201512 0.403 99.792 0.532
201603 0.565 100.470 0.741
201606 0.040 101.688 0.052
201609 0.539 101.861 0.697
201612 0.541 101.863 0.700
201703 0.427 102.862 0.547
201706 0.179 103.349 0.228
201709 0.669 104.136 0.847
201712 0.288 104.011 0.365
201803 0.201 105.290 0.252
201806 0.446 106.317 0.553
201809 1.054 106.507 1.304
201812 0.957 105.998 1.190
201903 -0.454 107.251 -0.558
201906 0.545 108.070 0.665
201909 1.373 108.329 1.670
201912 1.125 108.420 1.367
202003 0.889 108.902 1.076
202006 0.955 108.767 1.157
202009 1.231 109.815 1.477
202012 1.432 109.897 1.717
202103 1.217 111.754 1.435
202106 1.207 114.631 1.388
202109 2.057 115.734 2.342
202112 0.220 117.630 0.246
202203 1.669 121.301 1.813
202206 1.934 125.017 2.039
202209 -0.527 125.227 -0.555
202212 0.811 125.222 0.853
202303 4.315 127.348 4.465
202306 1.689 128.729 1.729
202309 3.050 129.860 3.095
202312 2.854 129.419 2.906
202403 4.743 131.776 4.743

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


Monolithic Power Systems  (NAS:MPWR) 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.

Monolithic Power Systems's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=755.88/4.62
=163.61

* 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 Monolithic Power Systems was 240.89. The lowest was 43.05. And the median was 108.66.


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.


Monolithic Power Systems Cyclically Adjusted FCF per Share Related Terms

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


Monolithic Power Systems (Monolithic Power Systems) Business Description

Traded in Other Exchanges
Address
5808 Lake Washington Boulevard NE, Kirkland, WA, USA, 98033
Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.
Executives
Maurice Sciammas officer: Sr. V.P.of Sales and Marketing 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Deming Xiao officer: Vice President of Operations 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Saria Tseng officer: VP and General Counsel 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Michael Hsing director, 10 percent owner, officer: President and CEO 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Theodore Blegen officer: CFO 5808 LAKE WASHINGTON BLVD NE, KIRKLAND WA 98033
James C Moyer director, 10 percent owner, officer: Chief Design Engineer 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Chang Kuo Wei Herbert director, 10 percent owner C/O MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Eileen Wynne director MONOLITHIC POWER SYSTEMS, 79 GREAT OAKS BLVD, SAN JOSE CA 95117
Jeff Zhou director 6409 GUADALUPE MINES ROAD, SAN JOSE CA 95120
Eugen J Elmiger director BUEELHADE 3A, SEMPACH STADT V8 6204
Victor K Lee director C/O LEADIS TECHNOLOGY, 800 W. CALIFORNIA AVENUE, SUITE 200, SUNNYVALE CA 94086
Carintia Martinez director 5808 LAKE WASHINGTON BLVD NE, KIRKLAND WA 98033
Meera Rao officer: VP of Finance, Corp Controller 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Douglas M Mcburnie director 233 S. HILLVIEW DRIVE, MILPITAS CA 95035
Smith- Pilkington Karen A director 343 STATE STREET, ROCHESTER NY 146500211

Monolithic Power Systems (Monolithic Power Systems) Headlines