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Nidec Chaun-Choung Technology (TPE:6230) Cyclically Adjusted Price-to-FCF : 55.19 (As of Jun. 01, 2024)


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What is Nidec Chaun-Choung Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Nidec Chaun-Choung Technology's current share price is NT$340.50. Nidec Chaun-Choung Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$6.17. Nidec Chaun-Choung Technology's Cyclically Adjusted Price-to-FCF for today is 55.19.

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

TPE:6230' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.55   Med: 29.7   Max: 57.82
Current: 57.82

During the past years, Nidec Chaun-Choung Technology's highest Cyclically Adjusted Price-to-FCF was 57.82. The lowest was 17.55. And the median was 29.70.

TPE:6230's Cyclically Adjusted Price-to-FCF is ranked worse than
72.4% of 960 companies
in the Hardware industry
Industry Median: 30.38 vs TPE:6230: 57.82

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.

Nidec Chaun-Choung Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.390. 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$6.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nidec Chaun-Choung Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nidec Chaun-Choung 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.

Nidec Chaun-Choung Technology Cyclically Adjusted Price-to-FCF Chart

Nidec Chaun-Choung 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 50.56 38.26 32.29 21.38 25.28

Nidec Chaun-Choung 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 25.28 26.29 24.34 25.28 31.63

Competitive Comparison of Nidec Chaun-Choung Technology's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Nidec Chaun-Choung 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.


Nidec Chaun-Choung Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Nidec Chaun-Choung 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.

Nidec Chaun-Choung Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=340.50/6.17
=55.19

* 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.

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

For example, Nidec Chaun-Choung 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)
=1.39/131.7762*131.7762
=1.390

Current CPI (Mar. 2024) = 131.7762.

Nidec Chaun-Choung Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.038 100.560 0.050
201409 2.402 100.428 3.152
201412 0.943 99.070 1.254
201503 3.699 99.621 4.893
201506 0.907 100.684 1.187
201509 1.964 100.392 2.578
201512 2.679 99.792 3.538
201603 1.622 100.470 2.127
201606 2.778 101.688 3.600
201609 3.006 101.861 3.889
201612 1.165 101.863 1.507
201703 2.072 102.862 2.654
201706 0.833 103.349 1.062
201709 -0.826 104.136 -1.045
201712 2.739 104.011 3.470
201803 1.072 105.290 1.342
201806 1.085 106.317 1.345
201809 1.156 106.507 1.430
201812 -1.033 105.998 -1.284
201903 1.965 107.251 2.414
201906 3.650 108.070 4.451
201909 0.832 108.329 1.012
201912 0.752 108.420 0.914
202003 1.765 108.902 2.136
202006 0.335 108.767 0.406
202009 1.748 109.815 2.098
202012 -1.443 109.897 -1.730
202103 -5.144 111.754 -6.066
202106 7.952 114.631 9.141
202109 -4.222 115.734 -4.807
202112 -3.837 117.630 -4.298
202203 5.674 121.301 6.164
202206 -5.041 125.017 -5.314
202209 0.120 125.227 0.126
202212 3.733 125.222 3.928
202303 6.660 127.348 6.892
202306 5.126 128.729 5.247
202309 -2.276 129.860 -2.310
202312 3.059 129.419 3.115
202403 1.390 131.776 1.390

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.


Nidec Chaun-Choung Technology  (TPE:6230) 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.


Nidec Chaun-Choung Technology Cyclically Adjusted Price-to-FCF Related Terms

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Nidec Chaun-Choung Technology (TPE:6230) Business Description

Traded in Other Exchanges
N/A
Address
No. 184-3, Zhongxing North Street, Sanchong District, New Taipei, TWN, 241
Nidec Chaun-Choung Technology Corp is engaged in the manufacturing and merchandising of vapor chambers; heat pipe and thermal module. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Singapore; Malaysia; the United States, and other countries. It generates maximum revenue from a thermal module.

Nidec Chaun-Choung Technology (TPE:6230) Headlines

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