GURUFOCUS.COM » STOCK LIST » Technology » Software » Apex International Financial Engineering Res & Tec Co Ltd (ROCO:5210) » Definitions » Cyclically Adjusted Price-to-FCF

Apex International Financial Engineering Res & Tec Co (ROCO:5210) Cyclically Adjusted Price-to-FCF : 495.63 (As of Jun. 04, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Apex International Financial Engineering Res & Tec Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Apex International Financial Engineering Res & Tec Co's current share price is NT$39.65. Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.08. Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted Price-to-FCF for today is 495.63.

The historical rank and industry rank for Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:5210' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 423.75   Med: 468.75   Max: 488.13
Current: 463.69

During the past years, Apex International Financial Engineering Res & Tec Co's highest Cyclically Adjusted Price-to-FCF was 488.13. The lowest was 423.75. And the median was 468.75.

ROCO:5210's Cyclically Adjusted Price-to-FCF is ranked worse than
96.91% of 680 companies
in the Software industry
Industry Median: 28.39 vs ROCO:5210: 463.69

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.

Apex International Financial Engineering Res & Tec Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.280. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is NT$0.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex International Financial Engineering Res & Tec Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Apex International Financial Engineering Res & Tec 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.

* Premium members only.

Apex International Financial Engineering Res & Tec Co Cyclically Adjusted Price-to-FCF Chart

Apex International Financial Engineering Res & Tec Co 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 - - - - -

Apex International Financial Engineering Res & Tec Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 485.26

Competitive Comparison of Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Apex International Financial Engineering Res & Tec 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.


Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted Price-to-FCF falls into.



Apex International Financial Engineering Res & Tec 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.

Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39.65/0.08
=495.63

* 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.

Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Apex International Financial Engineering Res & Tec 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)
=-0.28/131.7762*131.7762
=-0.280

Current CPI (Mar. 2024) = 131.7762.

Apex International Financial Engineering Res & Tec Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.342 100.560 -0.448
201409 1.231 100.428 1.615
201412 0.013 99.070 0.017
201503 -1.392 99.621 -1.841
201506 0.447 100.684 0.585
201509 1.762 100.392 2.313
201512 -1.840 99.792 -2.430
201603 -0.210 100.470 -0.275
201606 -0.113 101.688 -0.146
201609 1.247 101.861 1.613
201612 -0.469 101.863 -0.607
201703 0.578 102.862 0.740
201706 -0.829 103.349 -1.057
201709 -0.123 104.136 -0.156
201712 -0.027 104.011 -0.034
201803 1.340 105.290 1.677
201806 -0.608 106.317 -0.754
201809 0.050 106.507 0.062
201812 0.588 105.998 0.731
201903 -0.776 107.251 -0.953
201906 0.694 108.070 0.846
201909 -0.184 108.329 -0.224
201912 0.439 108.420 0.534
202003 -1.453 108.902 -1.758
202006 0.086 108.767 0.104
202009 0.397 109.815 0.476
202012 0.870 109.897 1.043
202103 0.216 111.754 0.255
202106 0.114 114.631 0.131
202109 -0.990 115.734 -1.127
202112 -1.372 117.630 -1.537
202203 -0.931 121.301 -1.011
202206 0.874 125.017 0.921
202209 0.592 125.227 0.623
202212 1.419 125.222 1.493
202303 -0.966 127.348 -1.000
202306 -0.514 128.729 -0.526
202309 0.586 129.860 0.595
202312 0.613 129.419 0.624
202403 -0.280 131.776 -0.280

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.


Apex International Financial Engineering Res & Tec Co  (ROCO:5210) 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.


Apex International Financial Engineering Res & Tec Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Apex International Financial Engineering Res & Tec Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Apex International Financial Engineering Res & Tec Co (ROCO:5210) Business Description

Traded in Other Exchanges
N/A
Address
No. 329, Xinhu 2nd Road, 5th Floor, Neihu District, Taipei, TWN
Apex International Financial Engineering Res & Tec Co Ltd is a Taiwan-based company engaged in providing financial technology integration services. The segments of the company are Information Services, Green Energy Development, and Investment, of which maximum revenue is generated from Information Services. The Company is mainly engaged in information software service, electronic information supply service, system integration service, and solar power equipment engineering contracts.

Apex International Financial Engineering Res & Tec Co (ROCO:5210) Headlines

No Headlines