GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CVC Technologies Inc (ROCO:4744) » Definitions » Cyclically Adjusted FCF per Share

CVC Technologies (ROCO:4744) Cyclically Adjusted FCF per Share : NT$1.30 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is CVC Technologies 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.

CVC Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.536. 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$1.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CVC Technologies's average Cyclically Adjusted FCF Growth Rate was -1.50% 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.

As of today (2024-06-05), CVC Technologies's current stock price is NT$24.20. CVC Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.30. CVC Technologies's Cyclically Adjusted Price-to-FCF of today is 18.62.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CVC Technologies was 33.12. The lowest was 18.04. And the median was 23.02.


CVC Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CVC Technologies'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.

CVC Technologies Cyclically Adjusted FCF per Share Chart

CVC Technologies 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 - - - - 1.24

CVC Technologies 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 1.32 1.25 1.36 1.24 1.30

Competitive Comparison of CVC Technologies's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, CVC Technologies'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.


CVC Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CVC Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CVC Technologies 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, CVC Technologies'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)
=0.536/131.7762*131.7762
=0.536

Current CPI (Mar. 2024) = 131.7762.

CVC Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 95.213 0.000
201206 0.000 96.819 0.000
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201606 0.000 101.688 0.000
201612 0.000 101.863 0.000
201703 0.446 102.862 0.571
201706 -0.834 103.349 -1.063
201709 0.574 104.136 0.726
201712 1.680 104.011 2.128
201803 -0.577 105.290 -0.722
201806 -1.225 106.317 -1.518
201809 0.817 106.507 1.011
201812 0.269 105.998 0.334
201903 1.267 107.251 1.557
201906 -0.006 108.070 -0.007
201909 0.466 108.329 0.567
201912 0.029 108.420 0.035
202003 -1.001 108.902 -1.211
202006 -1.993 108.767 -2.415
202009 3.248 109.815 3.898
202012 1.440 109.897 1.727
202103 0.317 111.754 0.374
202106 -0.250 114.631 -0.287
202109 0.592 115.734 0.674
202112 0.528 117.630 0.591
202203 -0.127 121.301 -0.138
202206 0.366 125.017 0.386
202209 1.438 125.227 1.513
202212 1.070 125.222 1.126
202303 -1.304 127.348 -1.349
202306 -0.179 128.729 -0.183
202309 0.996 129.860 1.011
202312 -0.457 129.419 -0.465
202403 0.536 131.776 0.536

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


CVC Technologies  (ROCO:4744) 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.

CVC Technologies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24.20/1.3
=18.62

* 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 CVC Technologies was 33.12. The lowest was 18.04. And the median was 23.02.


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.


CVC Technologies Cyclically Adjusted FCF per Share Related Terms

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


CVC Technologies (ROCO:4744) Business Description

Traded in Other Exchanges
N/A
Address
No.190, Gongye 9th Road, Dali District, Taichung, TWN
CVC Technologies Inc is a manufacturer of labeling and packaging pharmaceutical equipment in Taiwan. It offers a variety of services that include tablet and capsule counting lines, liquid filling lines, powder filling lines and related components. The company's main business items are the manufacturing, assembly, processing and sales of various types of pharmaceutical packaging machines.

CVC Technologies (ROCO:4744) Headlines

No Headlines