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Nidec Chaun-Choung Technology (TPE:6230) Cyclically Adjusted FCF per Share : NT$6.17 (As of Mar. 2024)


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What is Nidec Chaun-Choung Technology 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.

Nidec Chaun-Choung Technology's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$1.390. 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$6.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nidec Chaun-Choung Technology's average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% 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 Nidec Chaun-Choung Technology was 2.50% per year. The lowest was -1.20% per year. And the median was 0.65% per year.

As of today (2024-06-08), Nidec Chaun-Choung Technology's current stock price is NT$306.50. Nidec Chaun-Choung Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$6.17. Nidec Chaun-Choung Technology's Cyclically Adjusted Price-to-FCF of today is 49.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nidec Chaun-Choung Technology was 57.78. The lowest was 17.55. And the median was 29.73.


Nidec Chaun-Choung Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nidec Chaun-Choung Technology'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.

Nidec Chaun-Choung Technology Cyclically Adjusted FCF per Share Chart

Nidec Chaun-Choung Technology 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 5.62 5.50 5.14 5.42 5.93

Nidec Chaun-Choung Technology 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 5.91 6.07 6.04 5.93 6.17

Competitive Comparison of Nidec Chaun-Choung Technology's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Nidec Chaun-Choung Technology'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.


Nidec Chaun-Choung Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Nidec Chaun-Choung Technology's Cyclically Adjusted Price-to-FCF falls into.



Nidec Chaun-Choung Technology 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, Nidec Chaun-Choung Technology'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)
=1.39/131.7762*131.7762
=1.390

Current CPI (Mar. 2024) = 131.7762.

Nidec Chaun-Choung Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.038 100.560 0.050
201409 2.402 100.428 3.152
201412 0.943 99.070 1.254
201503 3.699 99.621 4.893
201506 0.907 100.684 1.187
201509 1.964 100.392 2.578
201512 2.679 99.792 3.538
201603 1.622 100.470 2.127
201606 2.778 101.688 3.600
201609 3.006 101.861 3.889
201612 1.165 101.863 1.507
201703 2.072 102.862 2.654
201706 0.833 103.349 1.062
201709 -0.826 104.136 -1.045
201712 2.739 104.011 3.470
201803 1.072 105.290 1.342
201806 1.085 106.317 1.345
201809 1.156 106.507 1.430
201812 -1.033 105.998 -1.284
201903 1.965 107.251 2.414
201906 3.650 108.070 4.451
201909 0.832 108.329 1.012
201912 0.752 108.420 0.914
202003 1.765 108.902 2.136
202006 0.335 108.767 0.406
202009 1.748 109.815 2.098
202012 -1.443 109.897 -1.730
202103 -5.144 111.754 -6.066
202106 7.952 114.631 9.141
202109 -4.222 115.734 -4.807
202112 -3.837 117.630 -4.298
202203 5.674 121.301 6.164
202206 -5.041 125.017 -5.314
202209 0.120 125.227 0.126
202212 3.733 125.222 3.928
202303 6.660 127.348 6.892
202306 5.126 128.729 5.247
202309 -2.276 129.860 -2.310
202312 3.059 129.419 3.115
202403 1.390 131.776 1.390

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


Nidec Chaun-Choung Technology  (TPE:6230) 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.

Nidec Chaun-Choung Technology's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=306.50/6.17
=49.68

* 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 Nidec Chaun-Choung Technology was 57.78. The lowest was 17.55. And the median was 29.73.


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.


Nidec Chaun-Choung Technology Cyclically Adjusted FCF per Share Related Terms

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


Nidec Chaun-Choung Technology (TPE:6230) Business Description

Traded in Other Exchanges
N/A
Address
No. 184-3, Zhongxing North Street, Sanchong District, New Taipei, TWN, 241
Nidec Chaun-Choung Technology Corp is engaged in the manufacturing and merchandising of vapor chambers; heat pipe and thermal module. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Singapore; Malaysia; the United States, and other countries. It generates maximum revenue from a thermal module.

Nidec Chaun-Choung Technology (TPE:6230) Headlines

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