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Advanced International Multitech Co (ROCO:8938) Cyclically Adjusted Price-to-FCF : 21.12 (As of May. 15, 2024)


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What is Advanced International Multitech Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Advanced International Multitech Co's current share price is NT$83.00. Advanced International Multitech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.93. Advanced International Multitech Co's Cyclically Adjusted Price-to-FCF for today is 21.12.

The historical rank and industry rank for Advanced International Multitech Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:8938' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.89   Med: 32.79   Max: 61.63
Current: 20.89

During the past years, Advanced International Multitech Co's highest Cyclically Adjusted Price-to-FCF was 61.63. The lowest was 14.89. And the median was 32.79.

ROCO:8938's Cyclically Adjusted Price-to-FCF is ranked better than
51.28% of 351 companies
in the Travel & Leisure industry
Industry Median: 21.91 vs ROCO:8938: 20.89

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.

Advanced International Multitech Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$2.030. 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$3.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced International Multitech Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Advanced International Multitech 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.

Advanced International Multitech Co Cyclically Adjusted Price-to-FCF Chart

Advanced International Multitech 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 28.91 22.18 32.09 32.93 17.99

Advanced International Multitech 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 34.89 19.81 15.86 17.99 17.77

Competitive Comparison of Advanced International Multitech Co's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Advanced International Multitech 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.


Advanced International Multitech Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Advanced International Multitech Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Advanced International Multitech Co's Cyclically Adjusted Price-to-FCF falls into.



Advanced International Multitech 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.

Advanced International Multitech Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=83.00/3.93
=21.12

* 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.

Advanced International Multitech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Advanced International Multitech 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)
=2.03/129.4194*129.4194
=2.030

Current CPI (Mar. 2024) = 129.4194.

Advanced International Multitech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.922 100.560 3.761
201409 -1.187 100.428 -1.530
201412 -1.852 99.070 -2.419
201503 2.004 99.621 2.603
201506 0.715 100.684 0.919
201509 -1.310 100.392 -1.689
201512 -0.738 99.792 -0.957
201603 3.286 100.470 4.233
201606 2.303 101.688 2.931
201609 0.500 101.861 0.635
201612 -1.270 101.863 -1.614
201703 2.324 102.862 2.924
201706 3.229 103.349 4.044
201709 0.881 104.136 1.095
201712 -3.579 104.011 -4.453
201803 0.096 105.290 0.118
201806 1.757 106.317 2.139
201809 2.419 106.507 2.939
201812 -6.090 105.998 -7.436
201903 0.973 107.251 1.174
201906 3.888 108.070 4.656
201909 2.923 108.329 3.492
201912 -5.566 108.420 -6.644
202003 1.945 108.902 2.311
202006 -2.569 108.767 -3.057
202009 1.332 109.815 1.570
202012 3.641 109.897 4.288
202103 -7.409 111.754 -8.580
202106 3.941 114.631 4.449
202109 3.678 115.734 4.113
202112 -2.485 117.630 -2.734
202203 -1.060 121.301 -1.131
202206 6.534 125.017 6.764
202209 5.395 125.227 5.576
202212 -1.532 125.222 -1.583
202303 5.856 127.348 5.951
202306 13.126 128.729 13.196
202309 1.674 129.860 1.668
202312 -6.413 129.419 -6.413
202403 2.030 129.419 2.030

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.


Advanced International Multitech Co  (ROCO:8938) 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.


Advanced International Multitech Co Cyclically Adjusted Price-to-FCF Related Terms

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Advanced International Multitech Co (ROCO:8938) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 , Zhonglin Road, Lin Hai Industrial District, Xiaogang District, Kaohsiung City, TWN
Advanced International Multitech Co Ltd is a Taiwan-based company. Along with its subsidiaries, the firm is engaged in the manufacturing, processing, trading, import, and export of carbon fiber prepackaged materials, and carbon fiber products, golf ball, composites, and bicycle parts. Its product portfolio includes golf club heads, graphite shafts, golf club sets, golf balls, putters, and carbon fiber components for bicycles, such as forks, frames, aviation products, and composite materials. It also manufactures carbon fiber bicycles under its own brand DIZO.

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