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Asustek Computer (Asustek Computer) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Asustek Computer Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asustek Computer Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asustek Computer's Cyclically Adjusted Price-to-FCF 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.

Asustek Computer Cyclically Adjusted Price-to-FCF Chart

Asustek Computer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.27 12.36 16.16 14.11 22.61

Asustek Computer Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 14.11 12.53 14.63 16.14 22.61

Competitive Comparison of Asustek Computer's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Asustek Computer'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.


Asustek Computer's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Asustek Computer Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Asustek Computer's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Asustek Computer's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.697/129.4194*129.4194
=0.697

Current CPI (Dec. 2023) = 129.4194.

Asustek Computer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.030 99.695 -0.039
201406 0.241 100.560 0.310
201409 0.098 100.428 0.126
201412 0.753 99.070 0.984
201503 -0.195 99.621 -0.253
201506 0.153 100.684 0.197
201509 -0.041 100.392 -0.053
201512 -0.385 99.792 -0.499
201603 0.205 100.470 0.264
201606 0.274 101.688 0.349
201609 0.771 101.861 0.980
201612 0.575 101.863 0.731
201703 -0.403 102.862 -0.507
201706 -0.283 103.349 -0.354
201709 -0.052 104.136 -0.065
201712 0.578 104.011 0.719
201803 0.326 105.290 0.401
201806 -0.212 106.317 -0.258
201809 0.166 106.507 0.202
201812 -0.199 105.998 -0.243
201903 -0.247 107.251 -0.298
201906 0.487 108.070 0.583
201909 0.036 108.329 0.043
201912 0.935 108.420 1.116
202003 -0.782 108.902 -0.929
202006 -0.146 108.767 -0.174
202009 0.705 109.815 0.831
202012 0.016 109.897 0.019
202103 0.931 111.754 1.078
202106 -0.263 114.631 -0.297
202109 -0.584 115.734 -0.653
202112 1.356 117.630 1.492
202203 -1.734 121.301 -1.850
202206 -1.729 125.017 -1.790
202209 0.738 125.227 0.763
202212 1.777 125.222 1.837
202303 0.746 127.348 0.758
202306 0.367 128.729 0.369
202309 0.359 129.860 0.358
202312 0.697 129.419 0.697

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


Asustek Computer  (OTCPK:AKCPF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Asustek Computer Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Asustek Computer's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Asustek Computer (Asustek Computer) Business Description

Industry
Traded in Other Exchanges
Address
No.15, Li-Te Road, Peitou, Taipei, TWN
Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries.