GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chaintech Technology Corp (TPE:2425) » Definitions » Cyclically Adjusted Price-to-FCF

Chaintech Technology (TPE:2425) Cyclically Adjusted Price-to-FCF : 10.38 (As of Jun. 14, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Chaintech Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), Chaintech Technology's current share price is NT$38.40. Chaintech Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.70. Chaintech Technology's Cyclically Adjusted Price-to-FCF for today is 10.38.

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

TPE:2425' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.03   Med: 18.47   Max: 53.41
Current: 10.98

During the past years, Chaintech Technology's highest Cyclically Adjusted Price-to-FCF was 53.41. The lowest was 10.03. And the median was 18.47.

TPE:2425's Cyclically Adjusted Price-to-FCF is ranked better than
83.02% of 966 companies
in the Hardware industry
Industry Median: 29.745 vs TPE:2425: 10.98

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.

Chaintech Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$5.408. 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$3.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chaintech Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chaintech Technology'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.

Chaintech Technology Cyclically Adjusted Price-to-FCF Chart

Chaintech Technology 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 22.60 42.63 25.02 14.29 16.71

Chaintech Technology 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 12.00 15.83 16.45 16.71 11.87

Competitive Comparison of Chaintech Technology's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Chaintech Technology'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.


Chaintech Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Chaintech Technology 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.

Chaintech Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=38.40/3.7
=10.38

* 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.

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

For example, Chaintech Technology'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)
=5.408/131.7762*131.7762
=5.408

Current CPI (Mar. 2024) = 131.7762.

Chaintech Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.985 100.560 5.222
201409 3.203 100.428 4.203
201412 -0.221 99.070 -0.294
201503 -3.132 99.621 -4.143
201506 0.182 100.684 0.238
201509 0.980 100.392 1.286
201512 -0.291 99.792 -0.384
201603 0.895 100.470 1.174
201606 -1.597 101.688 -2.070
201609 4.392 101.861 5.682
201612 -0.280 101.863 -0.362
201703 3.029 102.862 3.880
201706 -1.976 103.349 -2.520
201709 2.499 104.136 3.162
201712 -0.368 104.011 -0.466
201803 -0.399 105.290 -0.499
201806 0.729 106.317 0.904
201809 4.286 106.507 5.303
201812 -0.240 105.998 -0.298
201903 0.622 107.251 0.764
201906 -0.653 108.070 -0.796
201909 -0.248 108.329 -0.302
201912 -0.935 108.420 -1.136
202003 0.400 108.902 0.484
202006 -0.272 108.767 -0.330
202009 -0.897 109.815 -1.076
202012 -0.006 109.897 -0.007
202103 1.251 111.754 1.475
202106 1.517 114.631 1.744
202109 0.275 115.734 0.313
202112 3.012 117.630 3.374
202203 -0.041 121.301 -0.045
202206 -0.583 125.017 -0.615
202209 1.346 125.227 1.416
202212 5.101 125.222 5.368
202303 0.766 127.348 0.793
202306 -2.895 128.729 -2.964
202309 2.625 129.860 2.664
202312 0.433 129.419 0.441
202403 5.408 131.776 5.408

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.


Chaintech Technology  (TPE:2425) 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.


Chaintech Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Chaintech Technology (TPE:2425) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 48-3, Minsheng Road, 3rd Floor, Xindian District, New Taipei City, TWN, 23141
Chaintech Technology Corp is engaged in the business of buying and selling and manufacturing motherboards, display cards, and computer peripherals. The company has reportable segments named consumer electronic products and AI servers. It generates revenues from the sales of computer peripherals, all-in-one (AIO), and service revenues from China. Geographically Mainland china is the major contributor of the revenue for the company.

Chaintech Technology (TPE:2425) Headlines

No Headlines