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Intel (INTC) Cyclically Adjusted Price-to-FCF : 14.23 (As of Apr. 27, 2024)


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What is Intel Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Intel's current share price is $31.88. Intel's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.24. Intel's Cyclically Adjusted Price-to-FCF for today is 14.23.

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

INTC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.14   Med: 19.06   Max: 27.98
Current: 15.68

During the past years, Intel's highest Cyclically Adjusted Price-to-FCF was 27.98. The lowest was 9.14. And the median was 19.06.

INTC's Cyclically Adjusted Price-to-FCF is ranked better than
81.82% of 341 companies
in the Semiconductors industry
Industry Median: 35.23 vs INTC: 15.68

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.

Intel's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.481. 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 $2.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Intel'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.

Intel Cyclically Adjusted Price-to-FCF Chart

Intel 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 24.08 17.94 17.35 9.61 22.44

Intel 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 9.61 12.95 13.79 14.97 22.44

Competitive Comparison of Intel's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Intel'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.


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

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

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



Intel 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.88/2.24
=14.23

* 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.

Intel's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Intel's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.481/129.4194*129.4194
=-0.481

Current CPI (Dec. 2023) = 129.4194.

Intel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.159 99.695 0.206
201406 0.512 100.560 0.659
201409 0.644 100.428 0.830
201412 0.735 99.070 0.960
201503 0.486 99.621 0.631
201506 0.341 100.684 0.438
201509 0.929 100.392 1.198
201512 0.636 99.792 0.825
201603 0.556 100.470 0.716
201606 0.320 101.688 0.407
201609 0.676 101.861 0.859
201612 0.946 101.863 1.202
201703 0.399 102.862 0.502
201706 0.398 103.349 0.498
201709 0.681 104.136 0.846
201712 0.662 104.011 0.824
201803 0.704 105.290 0.865
201806 0.607 106.317 0.739
201809 1.072 106.507 1.303
201812 0.652 105.998 0.796
201903 0.359 107.251 0.433
201906 0.892 108.070 1.068
201909 1.362 108.329 1.627
201912 1.195 108.420 1.426
202003 0.670 108.902 0.796
202006 1.809 108.767 2.152
202009 1.060 109.815 1.249
202012 1.414 109.897 1.665
202103 0.234 111.754 0.271
202106 1.208 114.631 1.364
202109 1.337 115.734 1.495
202112 -0.545 117.630 -0.600
202203 0.313 121.301 0.334
202206 -1.569 125.017 -1.624
202209 -1.520 125.227 -1.571
202212 0.436 125.222 0.451
202303 -2.214 127.348 -2.250
202306 -0.734 128.729 -0.738
202309 0.017 129.860 0.017
202312 -0.481 129.419 -0.481

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.


Intel  (NAS:INTC) 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.


Intel Cyclically Adjusted Price-to-FCF Related Terms

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


Intel (INTC) Business Description

Industry
Address
2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.
Executives
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Patrick P Gelsinger officer: SENIOR VICE PRESIDENT VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Michelle Johnston Holthaus officer: EVP & GM, CCG 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
David Zinsner officer: EVP, CFO 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Omar Ishrak director 710 MEDTRONIC PKWY, MS LC300, MINNEAPOLIS MN 55432
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Scott Gawel officer: CVP, Chief Accounting Officer
Boise April Miller officer: EVP and Chief Legal Officer C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Christoph Schell officer: EVP; Chief Cml Ofcr; GM, SMG C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Steven Ralph Rodgers officer: EVP General Counsel 2200 MISSION COLLEGE BLVD., ROSEVILLE CA 95054
Gregory M Bryant officer: EVP, GM, CCG 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Tsu-jae King Liu director 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Dion J Weisler director C/O HP INC., 1501 PAGE MILL RD, PALO ALTO CA 94304
Gregory D Smith director 100 N RIVERSIDE PLAZA, M/C 3005-1001, CHICAGO IL 60606-1596
James J Goetz director C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025

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