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Monolithic Power Systems (FRA:NQG) Cyclically Adjusted Price-to-FCF : 162.55 (As of Jun. 01, 2024)


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What is Monolithic Power Systems Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Monolithic Power Systems's current share price is €687.60. Monolithic Power Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.23. Monolithic Power Systems's Cyclically Adjusted Price-to-FCF for today is 162.55.

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

FRA:NQG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 43.05   Med: 109.15   Max: 240.89
Current: 159.46

During the past years, Monolithic Power Systems's highest Cyclically Adjusted Price-to-FCF was 240.89. The lowest was 43.05. And the median was 109.15.

FRA:NQG's Cyclically Adjusted Price-to-FCF is ranked worse than
89.02% of 346 companies
in the Semiconductors industry
Industry Median: 39.895 vs FRA:NQG: 159.46

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 adjusted free cash flow per share data for the three months ended in Mar. 2024 was €4.363. 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 €4.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monolithic Power Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Monolithic Power Systems'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.

Monolithic Power Systems Cyclically Adjusted Price-to-FCF Chart

Monolithic Power Systems 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 119.93 195.25 204.61 119.96 154.14

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 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 146.44 150.23 117.82 154.14 146.75

Competitive Comparison of Monolithic Power Systems's Cyclically Adjusted Price-to-FCF

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 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=687.60/4.23
=162.55

* 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.

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

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)
=4.363/131.7762*131.7762
=4.363

Current CPI (Mar. 2024) = 131.7762.

Monolithic Power Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.449 100.560 0.588
201409 0.278 100.428 0.365
201412 0.377 99.070 0.501
201503 0.250 99.621 0.331
201506 0.125 100.684 0.164
201509 0.444 100.392 0.583
201512 0.370 99.792 0.489
201603 0.507 100.470 0.665
201606 0.036 101.688 0.047
201609 0.480 101.861 0.621
201612 0.512 101.863 0.662
201703 0.399 102.862 0.511
201706 0.159 103.349 0.203
201709 0.561 104.136 0.710
201712 0.243 104.011 0.308
201803 0.163 105.290 0.204
201806 0.382 106.317 0.473
201809 0.903 106.507 1.117
201812 0.841 105.998 1.046
201903 -0.402 107.251 -0.494
201906 0.482 108.070 0.588
201909 1.247 108.329 1.517
201912 1.012 108.420 1.230
202003 0.804 108.902 0.973
202006 0.848 108.767 1.027
202009 1.045 109.815 1.254
202012 1.177 109.897 1.411
202103 1.023 111.754 1.206
202106 1.002 114.631 1.152
202109 1.748 115.734 1.990
202112 0.195 117.630 0.218
202203 1.516 121.301 1.647
202206 1.830 125.017 1.929
202209 -0.532 125.227 -0.560
202212 0.765 125.222 0.805
202303 4.030 127.348 4.170
202306 1.559 128.729 1.596
202309 2.858 129.860 2.900
202312 2.617 129.419 2.665
202403 4.363 131.776 4.363

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.


Monolithic Power Systems  (FRA:NQG) 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.


Monolithic Power Systems Cyclically Adjusted Price-to-FCF Related Terms

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


Monolithic Power Systems (FRA:NQG) 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.

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