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Mildef Crete (ROCO:3213) Cyclically Adjusted FCF per Share : NT$4.02 (As of Mar. 2024)


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What is Mildef Crete Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Mildef Crete's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$3.561. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$4.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mildef Crete's average Cyclically Adjusted FCF Growth Rate was -2.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Mildef Crete was 4.50% per year. The lowest was 0.50% per year. And the median was 2.50% per year.

As of today (2024-05-24), Mildef Crete's current stock price is NT$102.50. Mildef Crete's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.02. Mildef Crete's Cyclically Adjusted Price-to-FCF of today is 25.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mildef Crete was 26.99. The lowest was 9.38. And the median was 13.83.


Mildef Crete Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mildef Crete's Cyclically Adjusted FCF per Share 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.

Mildef Crete Cyclically Adjusted FCF per Share Chart

Mildef Crete Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.78 3.66 3.97 4.31 3.72

Mildef Crete Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 4.10 3.95 3.79 3.72 4.02

Competitive Comparison of Mildef Crete's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Mildef Crete'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.


Mildef Crete's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Mildef Crete Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mildef Crete'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)
=3.561/131.7762*131.7762
=3.561

Current CPI (Mar. 2024) = 131.7762.

Mildef Crete Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.179 100.560 0.235
201409 0.333 100.428 0.437
201412 1.356 99.070 1.804
201503 1.612 99.621 2.132
201506 0.472 100.684 0.618
201509 0.109 100.392 0.143
201512 0.239 99.792 0.316
201603 2.090 100.470 2.741
201606 1.572 101.688 2.037
201609 -0.539 101.861 -0.697
201612 4.344 101.863 5.620
201703 0.345 102.862 0.442
201706 -0.117 103.349 -0.149
201709 0.219 104.136 0.277
201712 1.860 104.011 2.357
201803 0.791 105.290 0.990
201806 -0.086 106.317 -0.107
201809 -0.776 106.507 -0.960
201812 0.312 105.998 0.388
201903 2.366 107.251 2.907
201906 1.411 108.070 1.721
201909 0.138 108.329 0.168
201912 1.686 108.420 2.049
202003 0.991 108.902 1.199
202006 -0.653 108.767 -0.791
202009 -1.524 109.815 -1.829
202012 3.571 109.897 4.282
202103 2.629 111.754 3.100
202106 3.551 114.631 4.082
202109 -0.875 115.734 -0.996
202112 0.429 117.630 0.481
202203 -1.580 121.301 -1.716
202206 -0.061 125.017 -0.064
202209 -2.276 125.227 -2.395
202212 5.316 125.222 5.594
202303 -0.492 127.348 -0.509
202306 0.219 128.729 0.224
202309 -0.665 129.860 -0.675
202312 1.181 129.419 1.203
202403 3.561 131.776 3.561

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Mildef Crete  (ROCO:3213) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Mildef Crete's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=102.50/4.02
=25.50

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mildef Crete was 26.99. The lowest was 9.38. And the median was 13.83.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Mildef Crete Cyclically Adjusted FCF per Share Related Terms

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


Mildef Crete (ROCO:3213) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Section 3, Beishen Road, 7th Floor, No. 250, Shenkeng District,, Taipei, TWN, 222
Mildef Crete Inc is engaged in the research, design, planning, manufacture, sale, import, and export trade of various computer software/hardware and its components, manufacturing, and, consulting services, and investment in related businesses.

Mildef Crete (ROCO:3213) Headlines

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