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MaxLinear (MaxLinear) Cyclically Adjusted Price-to-FCF : 14.01 (As of Apr. 27, 2024)


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What is MaxLinear Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), MaxLinear's current share price is $20.59. MaxLinear's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.47. MaxLinear's Cyclically Adjusted Price-to-FCF for today is 14.01.

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

MXL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.95   Med: 33.9   Max: 81.39
Current: 14.11

During the past years, MaxLinear's highest Cyclically Adjusted Price-to-FCF was 81.39. The lowest was 9.95. And the median was 33.90.

MXL's Cyclically Adjusted Price-to-FCF is ranked better than
87.1% of 341 companies
in the Semiconductors industry
Industry Median: 35.23 vs MXL: 14.11

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.

MaxLinear's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.088. 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 $1.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MaxLinear Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MaxLinear'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.

MaxLinear Cyclically Adjusted Price-to-FCF Chart

MaxLinear 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 34.20 54.50 79.67 23.87 16.21

MaxLinear 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 23.63 20.83 14.81 16.21 12.74

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

For the Semiconductors subindustry, MaxLinear'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.


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

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

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



MaxLinear 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.59/1.47
=14.01

* 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.

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

For example, MaxLinear'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)
=0.088/129.4194*129.4194
=0.088

Current CPI (Mar. 2024) = 129.4194.

MaxLinear Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.121 100.560 0.156
201409 0.088 100.428 0.113
201412 -0.181 99.070 -0.236
201503 0.072 99.621 0.094
201506 0.080 100.684 0.103
201509 0.347 100.392 0.447
201512 0.372 99.792 0.482
201603 0.536 100.470 0.690
201606 0.451 101.688 0.574
201609 0.240 101.861 0.305
201612 0.378 101.863 0.480
201703 0.315 102.862 0.396
201706 -0.193 103.349 -0.242
201709 0.527 104.136 0.655
201712 0.278 104.011 0.346
201803 0.136 105.290 0.167
201806 0.489 106.317 0.595
201809 0.423 106.507 0.514
201812 0.329 105.998 0.402
201903 0.199 107.251 0.240
201906 0.168 108.070 0.201
201909 0.287 108.329 0.343
201912 0.350 108.420 0.418
202003 0.078 108.902 0.093
202006 0.073 108.767 0.087
202009 -0.302 109.815 -0.356
202012 0.935 109.897 1.101
202103 0.422 111.754 0.489
202106 0.211 114.631 0.238
202109 0.864 115.734 0.966
202112 0.035 117.630 0.039
202203 1.547 121.301 1.651
202206 1.397 125.017 1.446
202209 0.592 125.227 0.612
202212 0.631 125.222 0.652
202303 0.446 127.348 0.453
202306 0.257 128.729 0.258
202309 -0.189 129.860 -0.188
202312 -0.220 129.419 -0.220
202403 0.088 129.419 0.088

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.


MaxLinear  (NAS:MXL) 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.


MaxLinear Cyclically Adjusted Price-to-FCF Related Terms

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


MaxLinear (MaxLinear) Business Description

Industry
Traded in Other Exchanges
Address
5966 La Place Court, Suite 100, Carlsbad, CA, USA, 92008
MaxLinear Inc is a provider of radio frequency and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul fiber networks. The company's radio frequency receiver products capture and process digital and analog broadband signals to be decoded for various applications. MaxLinear's product options include both radio frequency receivers and radio frequency receiver systems-on-chips. The company's products enable the distribution and display of broadband video and data content in a wide range of electronic devices. Customers for MaxLinear include original equipment manufacturers, module makers, and original design manufacturers.
Executives
James Lougheed officer: VP, Component Products 48720 KATO ROAD, FREMONT CA 94538
Michael Bollesen officer: Vice President of Sales C/O MAXLINEAR, INC., 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Michelle Marie Sayer officer: General Counsel C/O MAXLINEAR, INC., 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
William Torgerson officer: Vice President, Global Sales 2051 PALOMAR AIRPORT ROAD, SUITE 100, CARLSBAD CA 92011
Daniel A Artusi director 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
William Kelly Jones officer: VP of Worldwide Operations C/O MAXLINEAR, INC., 5966 LAPLACE COURT, SUITE 100, CARLSBAD CA 92008
Kishore Seendripu director, 10 percent owner, officer: President and CEO 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92011
Steven G Litchfield officer: See remarks C/O MAXLINEAR, INC., 5966 LA PLACE COURT, SUITE 100, SAN DIEGO CA 92008
Brendan Walsh officer: VP, Business Development 2051 PALOMAR AIRPORT RD, SUITE 100, CARLSBAD CA 92011
Curtis Ling director, officer: Chief Technical Officer 2051 PALOMAR AIRPORT RD, SUITE 100, CARLSBAD CA 92011
Kwong Connie H. officer: Corporate Controller & PAO C/O MAXLINEAR, INC., 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Donald E Schrock director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Tsu-jae King Liu director 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Madhukar Reddy officer: VP, ICs and RF Systems Enginee 2051 PALOMAR AIRPORT RD, SUITE 100, CARLSBAD CA 92011
Greg Dougherty director 40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538