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Ichor Holdings (Ichor Holdings) Cyclically Adjusted Price-to-FCF : 15.62 (As of Apr. 28, 2024)


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What is Ichor Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Ichor Holdings's current share price is $39.35. Ichor Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $2.52. Ichor Holdings's Cyclically Adjusted Price-to-FCF for today is 15.62.

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

ICHR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.81   Med: 15.08   Max: 17.86
Current: 15.13

During the past 10 years, Ichor Holdings's highest Cyclically Adjusted Price-to-FCF was 17.86. The lowest was 12.81. And the median was 15.08.

ICHR's Cyclically Adjusted Price-to-FCF is ranked better than
83.58% of 341 companies
in the Semiconductors industry
Industry Median: 35.23 vs ICHR: 15.13

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.

Ichor Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $1.443. 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 $2.52 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichor Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ichor 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.

Ichor Holdings Cyclically Adjusted Price-to-FCF Chart

Ichor Holdings 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 - - - - 13.34

Ichor Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 13.34

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

For the Semiconductor Equipment & Materials subindustry, Ichor 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.


Ichor Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Ichor 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39.35/2.52
=15.62

* 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.

Ichor Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Ichor Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.443/129.4194*129.4194
=1.443

Current CPI (Dec23) = 129.4194.

Ichor Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.205 99.070 0.268
201512 1.121 99.792 1.454
201612 11.922 101.863 15.147
201712 1.166 104.011 1.451
201812 1.853 105.998 2.262
201912 1.610 108.420 1.922
202012 1.192 109.897 1.404
202112 -0.192 117.630 -0.211
202212 0.070 125.222 0.072
202312 1.443 129.419 1.443

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.


Ichor Holdings  (NAS:ICHR) 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.


Ichor Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Ichor Holdings (Ichor Holdings) Business Description

Industry
Traded in Other Exchanges
Address
3185 Laurelview Court, Fremont, CA, USA, 94538
Ichor Holdings Ltd is engaged in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. The product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. The company also manufactures machined components, weldments, and proprietary products for use in fluid delivery systems. Geographically, the company operates in the United States of America, Singapore, Europe, and other countries, of which a majority of the revenue is generated from the United States of America.
Executives
Barros Philip Ryan Sr. officer: Chief Technology Officer 3185 LAUREL VIEW CT., FREMONT CA 94538
Thomas M Rohrs director, officer: Chief Executive Officer 2 RESULTS WAY, CUPERTINO CA 95014
Greg Swyt officer: Chief Financial Officer C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Christopher Smith officer: Chief Commercial Officer 3560 BASSETT STREET, SANTA CLARA CA 95054
Marc Haugen director C/O CEPHEID, 904 CARIBBEAN DRIVE, SUNNYVALE CA 94089
Bruce Ragsdale officer: Chief Operating Officer 3185 LAURELVIEW CT, FREMONT CA 94538
Jorge Titinger director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Iain Mackenzie director C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Paul Chhabra officer: Chief Operating Officer 9255 COVERDALE ROAD, FORT WAYNE IN 46809
Kevin M. Canty officer: Chief Operating Officer 3185 LAURELVIEW CT., FREMONT CA 94538
Yuval Wasserman director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Sarah A O'dowd director 3185 LAURELVIEW COURT, FREMONT CA 94538
Wendy Arienzo director 5245 HELLYER AVE, SAN JOSE CA 95138
Larry J Sparks officer: Chief Financial Officer 3185 LAURELVIEW CT, FREMONT CA 94538
Laura A. Black director 3000 SAND HILL ROAD, BLDG. 1, SUITE 240, MENLO PARK CA 94025

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