GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advanced Optoelectronic Technology (TPE:3437) » Definitions » Cyclically Adjusted Price-to-FCF

Advanced Optoelectronic Technology (TPE:3437) Cyclically Adjusted Price-to-FCF : 918.33 (As of Jun. 09, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Advanced Optoelectronic Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Advanced Optoelectronic Technology's current share price is NT$27.55. Advanced Optoelectronic Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.03. Advanced Optoelectronic Technology's Cyclically Adjusted Price-to-FCF for today is 918.33.

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

TPE:3437' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.26   Med: 20   Max: 1000
Current: 864.64

During the past years, Advanced Optoelectronic Technology's highest Cyclically Adjusted Price-to-FCF was 1000.00. The lowest was 14.26. And the median was 20.00.

TPE:3437's Cyclically Adjusted Price-to-FCF is ranked worse than
98.55% of 345 companies
in the Semiconductors industry
Industry Median: 40.14 vs TPE:3437: 864.64

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 Optoelectronic Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.221. 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$0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Optoelectronic Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Advanced Optoelectronic 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.

Advanced Optoelectronic Technology Cyclically Adjusted Price-to-FCF Chart

Advanced Optoelectronic 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 - - 29.15 18.02 -

Advanced Optoelectronic 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 15.95 20.21 29.89 - 898.93

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

For the Semiconductors subindustry, Advanced Optoelectronic 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.


Advanced Optoelectronic Technology's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Advanced Optoelectronic 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.55/0.03
=918.33

* 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.

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

For example, Advanced Optoelectronic 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)
=-0.221/131.7762*131.7762
=-0.221

Current CPI (Mar. 2024) = 131.7762.

Advanced Optoelectronic Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.289 100.560 1.689
201409 -0.251 100.428 -0.329
201412 2.258 99.070 3.003
201503 -0.437 99.621 -0.578
201506 -0.135 100.684 -0.177
201509 0.974 100.392 1.278
201512 1.045 99.792 1.380
201603 -1.713 100.470 -2.247
201606 -0.334 101.688 -0.433
201609 -0.620 101.861 -0.802
201612 0.839 101.863 1.085
201703 -0.823 102.862 -1.054
201706 -0.777 103.349 -0.991
201709 1.032 104.136 1.306
201712 0.942 104.011 1.193
201803 -1.033 105.290 -1.293
201806 -1.003 106.317 -1.243
201809 1.250 106.507 1.547
201812 -0.750 105.998 -0.932
201903 -1.168 107.251 -1.435
201906 -1.363 108.070 -1.662
201909 -1.389 108.329 -1.690
201912 -0.381 108.420 -0.463
202003 -0.318 108.902 -0.385
202006 -2.314 108.767 -2.804
202009 -0.263 109.815 -0.316
202012 1.906 109.897 2.285
202103 -0.845 111.754 -0.996
202106 3.928 114.631 4.515
202109 -0.036 115.734 -0.041
202112 0.777 117.630 0.870
202203 1.409 121.301 1.531
202206 -0.214 125.017 -0.226
202209 0.220 125.227 0.232
202212 -0.442 125.222 -0.465
202303 -0.433 127.348 -0.448
202306 -0.049 128.729 -0.050
202309 -0.325 129.860 -0.330
202312 0.029 129.419 0.030
202403 -0.221 131.776 -0.221

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 Optoelectronic Technology  (TPE:3437) 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 Optoelectronic Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Advanced Optoelectronic Technology (TPE:3437) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Gongye 5th Road, Hsinchu Industrial Park, Hukou Shiang, Hsinchu Hsien, TWN, 303
Advanced Optoelectronic Technology is focused on the research and development, testing, manufacturing and sale of LEDs, as well as the import/export and trading of raw materials and semi-finished products., . The company's product portfolio comprises surface mount light-emitting diodes (SMD LED) and light module applications, sensing components, and automotive lighting.

Advanced Optoelectronic Technology (TPE:3437) Headlines

No Headlines