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Sitronix Technology (TPE:8016) Cyclically Adjusted Price-to-FCF : 12.78 (As of Jun. 09, 2024)


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

As of today (2024-06-09), Sitronix Technology's current share price is NT$267.00. Sitronix Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$20.89. Sitronix Technology's Cyclically Adjusted Price-to-FCF for today is 12.78.

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

TPE:8016' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.29   Med: 17.71   Max: 32.78
Current: 12.78

During the past years, Sitronix Technology's highest Cyclically Adjusted Price-to-FCF was 32.78. The lowest was 8.29. And the median was 17.71.

TPE:8016's Cyclically Adjusted Price-to-FCF is ranked better than
91.59% of 345 companies
in the Semiconductors industry
Industry Median: 40.14 vs TPE:8016: 12.78

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.

Sitronix Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$5.619. 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$20.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sitronix Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sitronix 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.

Sitronix Technology Cyclically Adjusted Price-to-FCF Chart

Sitronix Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 23.88 17.28 20.38 10.35

Sitronix Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 10.35 12.66 11.73 13.66 14.21

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

For the Semiconductors subindustry, Sitronix 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.


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

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

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



Sitronix 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=267.00/20.89
=12.78

* 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.

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

For example, Sitronix 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)
=5.619/131.7762*131.7762
=5.619

Current CPI (Mar. 2024) = 131.7762.

Sitronix Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.807 99.695 1.067
201406 -2.772 100.560 -3.633
201409 8.541 100.428 11.207
201412 1.616 99.070 2.150
201503 -0.234 99.621 -0.310
201506 1.009 100.684 1.321
201509 2.831 100.392 3.716
201512 6.236 99.792 8.235
201603 0.787 100.470 1.032
201606 2.277 101.688 2.951
201609 4.719 101.861 6.105
201612 -0.660 101.863 -0.854
201703 -1.570 102.862 -2.011
201706 0.298 103.349 0.380
201709 5.249 104.136 6.642
201712 -1.012 104.011 -1.282
201803 0.811 105.290 1.015
201806 4.799 106.317 5.948
201809 1.163 106.507 1.439
201812 -0.125 105.998 -0.155
201903 1.843 107.251 2.264
201906 8.554 108.070 10.430
201909 11.336 108.329 13.790
201912 4.157 108.420 5.053
202003 0.786 108.902 0.951
202006 -2.988 108.767 -3.620
202009 13.081 109.815 15.697
202012 10.729 109.897 12.865
202103 5.531 111.754 6.522
202106 15.788 114.631 18.149
202109 23.886 115.734 27.197
202112 16.923 117.630 18.958
202203 13.374 121.301 14.529
202206 -11.142 125.017 -11.744
202209 -2.650 125.227 -2.789
202212 6.858 125.222 7.217
202303 11.002 127.348 11.385
202306 5.945 128.729 6.086
202309 5.344 129.860 5.423
202403 5.619 131.776 5.619

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.


Sitronix Technology  (TPE:8016) 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.


Sitronix Technology Cyclically Adjusted Price-to-FCF Related Terms

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Sitronix Technology (TPE:8016) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Taiyuan 1st Street, 11th Floor-1, Hsinchu County, Jhubei, TWN, 302
Sitronix Technology Corp is a Taiwan-based fabless semiconductor company that is principally engaged in developing, manufacturing, and selling display driver ICs. The company's major products are categorized into three types: mobile display driver ICs; industrial and automotive display driver ICs; and SoC, which refers to touch controller ICs. The company's products are mainly used in entry-level mobile phones, industrial displays, and automotive systems. Mobile display driver ICs account for over half of total revenue. The company has a business presence in Hong Kong, Vietnam, Taiwan, Korea, China and others.

Sitronix Technology (TPE:8016) Headlines

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