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Gish International Co (ROCO:8067) Cyclically Adjusted FCF per Share : NT$-1.95 (As of Mar. 2024)


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What is Gish International Co 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.

Gish International Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.095. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-1.95 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -18.80% 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 Gish International Co was -18.80% per year. The lowest was -18.80% per year. And the median was -18.80% per year.

As of today (2024-06-04), Gish International Co's current stock price is NT$16.60. Gish International Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-1.95. Gish International Co's Cyclically Adjusted Price-to-FCF of today is .


Gish International Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gish International Co'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.

Gish International Co Cyclically Adjusted FCF per Share Chart

Gish International Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.87 -0.76 -1.71 -1.46

Gish International Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -1.46 -1.98 -1.95 -1.94 -1.95

Competitive Comparison of Gish International Co's Cyclically Adjusted FCF per Share

For the Electronics & Computer Distribution subindustry, Gish International Co'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.


Gish International Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Gish International Co 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, Gish International Co'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)
=-0.095/131.7762*131.7762
=-0.095

Current CPI (Mar. 2024) = 131.7762.

Gish International Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.739 99.695 -2.299
201406 -1.619 100.560 -2.122
201409 -0.630 100.428 -0.827
201412 -1.562 99.070 -2.078
201503 0.917 99.621 1.213
201506 -1.158 100.684 -1.516
201509 -0.352 100.392 -0.462
201512 -0.926 99.792 -1.223
201603 0.088 100.470 0.115
201606 -0.558 101.688 -0.723
201609 3.377 101.861 4.369
201612 1.085 101.863 1.404
201703 -1.730 102.862 -2.216
201706 1.804 103.349 2.300
201709 -0.070 104.136 -0.089
201712 -1.410 104.011 -1.786
201803 -1.316 105.290 -1.647
201806 -1.723 106.317 -2.136
201809 -1.941 106.507 -2.402
201812 -0.305 105.998 -0.379
201903 1.318 107.251 1.619
201906 -2.657 108.070 -3.240
201909 -3.174 108.329 -3.861
201912 0.649 108.420 0.789
202003 0.834 108.902 1.009
202006 -0.385 108.767 -0.466
202009 -0.466 109.815 -0.559
202012 -0.577 109.897 -0.692
202103 1.158 111.754 1.365
202106 -1.757 114.631 -2.020
202109 -0.962 115.734 -1.095
202112 0.160 117.630 0.179
202203 -0.346 121.301 -0.376
202206 0.972 125.017 1.025
202209 0.241 125.227 0.254
202212 -1.065 125.222 -1.121
202303 0.028 127.348 0.029
202306 0.133 128.729 0.136
202309 0.162 129.860 0.164
202403 -0.095 131.776 -0.095

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


Gish International Co  (ROCO:8067) 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.


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.


Gish International Co Cyclically Adjusted FCF per Share Related Terms

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


Gish International Co (ROCO:8067) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Xinbei Boulevard, Sanchong District, 14th Floor. No. 260, Section 2, New Taipei, TWN
Gish International Co Ltd distributes optical storage and multi-media products. The Company's products include CD-RW (Compact Disc Rewritable), DVD-RW (Digital Video Disc Rewritable) and disks, as well as MP3 players. It has distribution network throughout Southeast Asia, concentrated in Taiwan and Japan.

Gish International Co (ROCO:8067) Headlines

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