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Orient Semiconductor Electronics (TPE:2329) Cyclically Adjusted FCF per Share : NT$1.13 (As of Mar. 2024)


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What is Orient Semiconductor Electronics 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.

Orient Semiconductor Electronics's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.503. 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$1.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Orient Semiconductor Electronics's average Cyclically Adjusted FCF Growth Rate was 43.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 80.60% 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 Orient Semiconductor Electronics was 80.60% per year. The lowest was 80.60% per year. And the median was 80.60% per year.

As of today (2024-06-06), Orient Semiconductor Electronics's current stock price is NT$61.10. Orient Semiconductor Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.13. Orient Semiconductor Electronics's Cyclically Adjusted Price-to-FCF of today is 54.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Orient Semiconductor Electronics was 210.00. The lowest was 20.53. And the median was 55.66.


Orient Semiconductor Electronics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Orient Semiconductor Electronics'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.

Orient Semiconductor Electronics Cyclically Adjusted FCF per Share Chart

Orient Semiconductor Electronics 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 -0.16 0.19 0.41 0.83 1.12

Orient Semiconductor Electronics 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 0.79 0.85 1.00 1.12 1.13

Competitive Comparison of Orient Semiconductor Electronics's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Orient Semiconductor Electronics'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.


Orient Semiconductor Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Orient Semiconductor Electronics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Orient Semiconductor Electronics's Cyclically Adjusted Price-to-FCF falls into.



Orient Semiconductor Electronics 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, Orient Semiconductor Electronics'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)
=0.503/131.7762*131.7762
=0.503

Current CPI (Mar. 2024) = 131.7762.

Orient Semiconductor Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.215 100.560 -0.282
201409 -0.166 100.428 -0.218
201412 -0.325 99.070 -0.432
201503 0.098 99.621 0.130
201506 -0.748 100.684 -0.979
201509 0.453 100.392 0.595
201512 0.313 99.792 0.413
201603 0.126 100.470 0.165
201606 -0.299 101.688 -0.387
201609 -0.656 101.861 -0.849
201612 -0.089 101.863 -0.115
201703 -0.507 102.862 -0.650
201706 0.320 103.349 0.408
201709 0.456 104.136 0.577
201712 0.304 104.011 0.385
201803 -0.680 105.290 -0.851
201806 0.441 106.317 0.547
201809 -0.111 106.507 -0.137
201812 -0.747 105.998 -0.929
201903 0.551 107.251 0.677
201906 0.677 108.070 0.826
201909 1.807 108.329 2.198
201912 1.055 108.420 1.282
202003 -0.872 108.902 -1.055
202006 0.849 108.767 1.029
202009 -0.298 109.815 -0.358
202012 0.720 109.897 0.863
202103 0.149 111.754 0.176
202106 1.286 114.631 1.478
202109 1.033 115.734 1.176
202112 0.252 117.630 0.282
202203 -0.149 121.301 -0.162
202206 0.754 125.017 0.795
202209 0.596 125.227 0.627
202212 1.104 125.222 1.162
202303 -0.768 127.348 -0.795
202306 0.767 128.729 0.785
202309 1.154 129.860 1.171
202312 1.219 129.419 1.241
202403 0.503 131.776 0.503

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


Orient Semiconductor Electronics  (TPE:2329) 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.

Orient Semiconductor Electronics's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=61.10/1.13
=54.07

* 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 Orient Semiconductor Electronics was 210.00. The lowest was 20.53. And the median was 55.66.


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.


Orient Semiconductor Electronics Cyclically Adjusted FCF per Share Related Terms

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


Orient Semiconductor Electronics (TPE:2329) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Central 3rd Street, Nanzi Processing Export Zone, Kaohsiung, TWN, 811
Orient Semiconductor Electronics Ltd is a Taiwanese producer of integrated circuit packaging. The company offers full turnkey solutions in diverse IC packaging and testing with applications in consumer electronics, telecommunications networks, automotive electronics, computers, communications, networks, industrial controllers, digital cameras, and commercial products.

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