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Solid State System Co (ROCO:3259) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Solid State System Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Solid State System Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Solid State System Co'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.

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Solid State System Co Cyclically Adjusted Price-to-FCF Chart

Solid State System Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Solid State System Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Solid State System Co's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Solid State System 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.


Solid State System Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solid State System Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Solid State System Co's Cyclically Adjusted Price-to-FCF falls into.



Solid State System Co 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.

Solid State System Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Solid State System 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)
=-0.546/131.7762*131.7762
=-0.546

Current CPI (Mar. 2024) = 131.7762.

Solid State System Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.873 100.560 -1.144
201409 -1.903 100.428 -2.497
201412 -1.451 99.070 -1.930
201503 -1.001 99.621 -1.324
201506 -2.204 100.684 -2.885
201509 0.037 100.392 0.049
201512 -1.496 99.792 -1.975
201603 -0.164 100.470 -0.215
201606 -1.587 101.688 -2.057
201609 -0.502 101.861 -0.649
201612 -0.344 101.863 -0.445
201703 -0.742 102.862 -0.951
201706 -0.754 103.349 -0.961
201709 -0.585 104.136 -0.740
201712 -0.050 104.011 -0.063
201803 -0.280 105.290 -0.350
201806 -0.508 106.317 -0.630
201809 -1.124 106.507 -1.391
201812 -1.101 105.998 -1.369
201903 -0.317 107.251 -0.389
201906 -0.726 108.070 -0.885
201909 0.040 108.329 0.049
201912 0.764 108.420 0.929
202003 -0.453 108.902 -0.548
202006 -0.783 108.767 -0.949
202009 -0.485 109.815 -0.582
202012 -0.249 109.897 -0.299
202103 -1.024 111.754 -1.207
202106 -0.733 114.631 -0.843
202109 -1.021 115.734 -1.163
202112 -0.917 117.630 -1.027
202203 -0.403 121.301 -0.438
202206 -0.737 125.017 -0.777
202209 -1.423 125.227 -1.497
202212 -0.486 125.222 -0.511
202303 0.250 127.348 0.259
202306 -0.340 128.729 -0.348
202309 -0.387 129.860 -0.393
202312 -0.235 129.419 -0.239
202403 -0.546 131.776 -0.546

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.


Solid State System Co  (ROCO:3259) 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.


Solid State System Co Cyclically Adjusted Price-to-FCF Related Terms

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Solid State System Co (ROCO:3259) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Tai Yuen Street, 5th Floor-1, Tai Yuen Hi-Tech Industrial Park, Hsinchu County, Zhubei City, TWN, 30288
Solid State System Co Ltd is engaged in the production and distribution of flash memory controller integrated circuits and audio ICs. It offers various storage solutions, including USB flash controllers and SSD turn-key solutions; multimedia audio solutions, such as USB speakers, USB headsets, and USB line-in controllers; and MEMS microphones.

Solid State System Co (ROCO:3259) Headlines

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