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SMCI (Super Micro Computer) Cyclically Adjusted Price-to-FCF : (As of Jul. 02, 2025)


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What is Super Micro Computer Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Super Micro Computer Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Super Micro Computer'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.

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Super Micro Computer Cyclically Adjusted Price-to-FCF Chart

Super Micro Computer Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 649.65 163.39 - 612.07 -

Super Micro Computer Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Competitive Comparison of Super Micro Computer's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Super Micro Computer'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.


Super Micro Computer's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Super Micro Computer's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Super Micro Computer 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.

Super Micro Computer's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Super Micro Computer's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.955/134.9266*134.9266
=0.955

Current CPI (Mar. 2025) = 134.9266.

Super Micro Computer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.139 100.684 -0.186
201509 0.026 100.392 0.035
201512 0.114 99.792 0.154
201603 -0.006 100.470 -0.008
201606 0.009 101.688 0.012
201609 -0.044 101.861 -0.058
201612 -0.097 101.863 -0.128
201703 -0.079 102.862 -0.104
201706 -0.023 103.349 -0.030
201709 0.013 104.136 0.017
201712 -0.006 104.011 -0.008
201803 -0.003 105.290 -0.004
201806 0.108 106.317 0.137
201809 0.066 106.507 0.084
201812 0.073 105.998 0.093
201903 0.181 107.251 0.228
201906 0.139 108.070 0.174
201909 -0.015 108.329 -0.019
201912 0.136 108.420 0.169
202003 -0.060 108.902 -0.074
202006 -0.195 108.767 -0.242
202009 0.200 109.815 0.246
202012 0.092 109.897 0.113
202103 -0.270 111.754 -0.326
202106 0.095 114.631 0.112
202109 -0.275 115.734 -0.321
202112 -0.123 117.630 -0.141
202203 -0.444 121.301 -0.494
202206 -0.067 125.017 -0.072
202209 0.550 125.227 0.593
202212 0.269 125.222 0.290
202303 0.338 127.348 0.358
202306 -0.031 128.729 -0.032
202309 0.468 129.860 0.486
202312 -1.050 129.419 -1.095
202403 -2.615 131.776 -2.678
202406 -1.031 132.554 -1.049
202409 0.570 133.029 0.578
202412 -0.420 133.157 -0.426
202503 0.955 134.927 0.955

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.


Super Micro Computer  (NAS:SMCI) 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.


Super Micro Computer Cyclically Adjusted Price-to-FCF Related Terms

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Super Micro Computer Business Description

Industry
Address
980 Rock Avenue, San Jose, CA, USA, 95131
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data centers, Big Data, high-performance computing, and the "Internet of Things" embedded markets. Its solutions include server, storage, blade, and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular, and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
Executives
David E Weigand officer: SVP, CHIEF COMPLIANCE OFFICER 980 ROCK AVENUE, SAN JOSE CA 95131
Liu Liang Chiu-chu Sara director, 10 percent owner, officer: Senior VP and Treasurer 980 ROCK AVE, SAN JOSE CA 95131
Charles Liang director, 10 percent owner, officer: President and CEO SUPER MICRO COMPUTER, INC., 980 ROCK AVE, SAN JOSE CA 95131
George Kao officer: SVP, OPERATIONS 980 ROCK AVENUE, SAN JOSE CA 95131
Robert L Blair director 48401 FREMONT BLVD, FREMONT CA 94538
Daniel W Fairfax director 1421 MCCARTHY BLVD., MILPITAS CA 95035
Tally C Liu director 50 W SAN FERNANDO ST 15TH FLR, SAN JOSE CA 95113
Sherman Tuan director C/O ABOVENET COMMUNICATIONS INC, 50 W SAN FERNANDO STREET, SAN JOSE CA 95113
Don W Clegg officer: SVP, Worldwide Sales 980 ROCK AVENUE, SAN JOSE CA 95131
Shiu Leung Chan director 48401 FREMONT BLVD, FREMONT CA 94538
Judy L. Lin director 980 ROCK AVENUE, SAN JOSE CA 95131
Hwei-ming Fred Tsai director 980 ROCK AVE, SAN JOSE CA 95131
Kevin S Bauer officer: Chief Financial Officer 980 ROCK AVE., SAN JOSE CA 95131
Cheng-hsien Phidias Chou officer: VP Worldwide Sales 980 ROCK AVENUE, SAN JOSE CA 95131
Howard Hideshima officer: Chief Financial Officer 980 ROCK AVENUE, SAN JOSE CA 95131