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Advanced Micro Devices (FRA:AMD) Cyclically Adjusted Price-to-FCF : 248.07 (As of May. 15, 2024)


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

As of today (2024-05-15), Advanced Micro Devices's current share price is €141.40. Advanced Micro Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.57. Advanced Micro Devices's Cyclically Adjusted Price-to-FCF for today is 248.07.

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

FRA:AMD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 145.36   Med: 274.87   Max: 1856.67
Current: 247.53

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 274.87.

FRA:AMD's Cyclically Adjusted Price-to-FCF is ranked worse than
93.64% of 346 companies
in the Semiconductors industry
Industry Median: 38.065 vs FRA:AMD: 247.53

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 Mar. 2024 was €0.213. 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 €0.57 for the trailing ten years ended in Mar. 2024.

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
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 194.80 212.58 184.22 264.54 291.69

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
=141.40/0.57
=248.07

* 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 Mar. 2024 is calculated as:

For example, Advanced Micro Devices'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)
=0.213/129.4194*129.4194
=0.213

Current CPI (Mar. 2024) = 129.4194.

Advanced Micro Devices Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.049 100.560 -0.063
201409 -0.011 100.428 -0.014
201412 0.098 99.070 0.128
201503 -0.231 99.621 -0.300
201506 -0.085 100.684 -0.109
201509 -0.092 100.392 -0.119
201512 0.031 99.792 0.040
201603 -0.077 100.470 -0.099
201606 -0.115 101.688 -0.146
201609 0.022 101.861 0.028
201612 0.160 101.863 0.203
201703 -0.321 102.862 -0.404
201706 -0.089 103.349 -0.111
201709 0.028 104.136 0.035
201712 0.245 104.011 0.305
201803 -0.119 105.290 -0.146
201806 -0.073 106.317 -0.089
201809 0.034 106.507 0.041
201812 0.064 105.998 0.078
201903 -0.222 107.251 -0.268
201906 -0.022 108.070 -0.026
201909 0.146 108.329 0.174
201912 0.311 108.420 0.371
202003 -0.089 108.902 -0.106
202006 0.110 108.767 0.131
202009 0.185 109.815 0.218
202012 0.327 109.897 0.385
202103 0.568 111.754 0.658
202106 0.598 114.631 0.675
202109 0.528 115.734 0.590
202112 0.533 117.630 0.586
202203 0.595 121.301 0.635
202206 0.525 125.017 0.543
202209 0.523 125.227 0.541
202212 0.258 125.222 0.267
202303 0.190 127.348 0.193
202306 0.144 128.729 0.145
202309 0.171 129.860 0.170
202312 0.137 129.419 0.137
202403 0.213 129.419 0.213

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  (FRA: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 (FRA:AMD) 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.