Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

$24.99

Enterprise Value to FCFF (EV/FCFF)

Microsoft Excel

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Free Cash Flow to The Firm (FCFF)

Intel Corp., FCFF calculation

US$ in millions

Microsoft Excel
12 months ended: Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Net income attributable to Intel
Net (income) loss attributable to non-controlling interests
Net noncash charges
Changes in assets and liabilities
Net cash provided by operating activities
Cash paid during the year for interest, net of capitalized interest, net of tax1
Interest capitalized, net of tax2
Additions to property, plant and equipment
Free cash flow to the firm (FCFF)

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).

Item Description The company
FCFF Free cash flow to the firm is the cash flow available to the Intel Corp. suppliers of capital after all operating expenses have been paid and necessary investments in working and fixed capital have been made. Intel Corp. FCFF decreased from 2021 to 2022 and from 2022 to 2023.

Interest Paid, Net of Tax

Intel Corp., interest paid, net of tax calculation

US$ in millions

Microsoft Excel
12 months ended: Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Effective Income Tax Rate (EITR)
EITR1
Interest Paid, Net of Tax
Cash paid during the year for interest, net of capitalized interest, before tax
Less: Cash paid during the year for interest, net of capitalized interest, tax2
Cash paid during the year for interest, net of capitalized interest, net of tax
Interest Costs Capitalized, Net of Tax
Interest capitalized, before tax
Less: Interest capitalized, tax3
Interest capitalized, net of tax

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).

1 See details »

2 2023 Calculation
Cash paid during the year for interest, net of capitalized interest, tax = Cash paid during the year for interest, net of capitalized interest × EITR
= × =

3 2023 Calculation
Interest capitalized, tax = Interest capitalized × EITR
= × =


Enterprise Value to FCFF Ratio, Current

Intel Corp., current EV/FCFF calculation, comparison to benchmarks

Microsoft Excel
Selected Financial Data (US$ in millions)
Enterprise value (EV)
Free cash flow to the firm (FCFF)
Valuation Ratio
EV/FCFF
Benchmarks
EV/FCFF, Competitors1
Advanced Micro Devices Inc.
Analog Devices Inc.
Applied Materials Inc.
Broadcom Inc.
KLA Corp.
Lam Research Corp.
Micron Technology Inc.
NVIDIA Corp.
ON Semiconductor Corp.
Qualcomm Inc.
Texas Instruments Inc.
EV/FCFF, Sector
Semiconductors & Semiconductor Equipment
EV/FCFF, Industry
Information Technology

Based on: 10-K (reporting date: 2023-12-30).

1 Click competitor name to see calculations.

If the company EV/FCFF is lower then the EV/FCFF of benchmark then company is relatively undervalued.
Otherwise, if the company EV/FCFF is higher then the EV/FCFF of benchmark then company is relatively overvalued.


Enterprise Value to FCFF Ratio, Historical

Intel Corp., historical EV/FCFF calculation, comparison to benchmarks

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Selected Financial Data (US$ in millions)
Enterprise value (EV)1
Free cash flow to the firm (FCFF)2
Valuation Ratio
EV/FCFF3
Benchmarks
EV/FCFF, Competitors4
Advanced Micro Devices Inc.
Analog Devices Inc.
Applied Materials Inc.
Broadcom Inc.
KLA Corp.
Lam Research Corp.
Micron Technology Inc.
NVIDIA Corp.
ON Semiconductor Corp.
Qualcomm Inc.
Texas Instruments Inc.
EV/FCFF, Sector
Semiconductors & Semiconductor Equipment
EV/FCFF, Industry
Information Technology

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).

1 See details »

2 See details »

3 2023 Calculation
EV/FCFF = EV ÷ FCFF
= ÷ =

4 Click competitor name to see calculations.