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Hitron Technologies (TPE:2419) Cyclically Adjusted Price-to-FCF : 42.33 (As of May. 15, 2024)


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What is Hitron Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Hitron Technologies's current share price is NT$30.90. Hitron Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.73. Hitron Technologies's Cyclically Adjusted Price-to-FCF for today is 42.33.

The historical rank and industry rank for Hitron Technologies's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:2419' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.02   Med: 45.72   Max: 2480
Current: 41.19

During the past years, Hitron Technologies's highest Cyclically Adjusted Price-to-FCF was 2480.00. The lowest was 16.02. And the median was 45.72.

TPE:2419's Cyclically Adjusted Price-to-FCF is ranked worse than
61.85% of 962 companies
in the Hardware industry
Industry Median: 29.65 vs TPE:2419: 41.19

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.

Hitron Technologies's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.760. 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$0.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hitron Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hitron Technologies'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.

Hitron Technologies Cyclically Adjusted Price-to-FCF Chart

Hitron Technologies 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 28.67 34.90 44.79 67.12 43.20

Hitron Technologies 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 108.31 1,401.89 51.40 43.20 43.67

Competitive Comparison of Hitron Technologies's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Hitron Technologies'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.


Hitron Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Hitron Technologies 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.

Hitron Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.90/0.73
=42.33

* 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.

Hitron Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hitron Technologies'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)
=0.76/129.4194*129.4194
=0.760

Current CPI (Mar. 2024) = 129.4194.

Hitron Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.390 100.560 0.502
201409 -1.257 100.428 -1.620
201412 -0.305 99.070 -0.398
201503 0.580 99.621 0.753
201506 3.109 100.684 3.996
201509 1.002 100.392 1.292
201512 1.566 99.792 2.031
201603 0.974 100.470 1.255
201606 -0.748 101.688 -0.952
201609 -0.366 101.861 -0.465
201612 -0.775 101.863 -0.985
201703 1.104 102.862 1.389
201706 2.019 103.349 2.528
201709 -0.970 104.136 -1.206
201712 1.851 104.011 2.303
201803 -0.662 105.290 -0.814
201806 -0.449 106.317 -0.547
201809 -3.965 106.507 -4.818
201812 0.821 105.998 1.002
201903 -2.744 107.251 -3.311
201906 1.261 108.070 1.510
201909 3.927 108.329 4.692
201912 2.781 108.420 3.320
202003 -1.960 108.902 -2.329
202006 -2.987 108.767 -3.554
202009 0.640 109.815 0.754
202012 -0.524 109.897 -0.617
202103 -1.955 111.754 -2.264
202106 1.242 114.631 1.402
202109 -2.121 115.734 -2.372
202112 1.471 117.630 1.618
202203 -2.286 121.301 -2.439
202206 -1.014 125.017 -1.050
202209 0.364 125.227 0.376
202212 3.960 125.222 4.093
202303 -0.685 127.348 -0.696
202306 -0.986 128.729 -0.991
202309 2.868 129.860 2.858
202312 0.251 129.419 0.251
202403 0.760 129.419 0.760

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.


Hitron Technologies  (TPE:2419) 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.


Hitron Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Hitron Technologies (TPE:2419) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1-8, Lihsin 1st Road, Hsinchu Science Park, Hsinchu, TWN, 30078
Hitron Technologies Inc manufactures and distributes communication and telecommunication products. The Company is mainly engaged in integrating communication systems, and producing and selling electronic and telecom communication products. Its products include cable modems, wireless gateway, and IPTV, among others. The majority is from the Sales revenue.

Hitron Technologies (TPE:2419) Headlines

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