Novatek Microelectronics (TPE:3034) 3-Year FCF Growth Rate

: 34.90% (As of Dec. 2023)

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Novatek Microelectronics's Free Cash Flow per Share for the three months ended in Dec. 2023 was NT$14.89.

During the past 12 months, Novatek Microelectronics's average Free Cash Flow per Share Growth Rate was 34.00% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 34.90% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 43.80% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 21.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Novatek Microelectronics was 81.40% per year. The lowest was -25.50% per year. And the median was 13.70% per year.

Competitive Comparison

For the Semiconductors subindustry, Novatek Microelectronics's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.

Novatek Microelectronics 3-Year FCF Growth Rate Distribution

For the Semiconductors industry and Technology sector, Novatek Microelectronics's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Novatek Microelectronics's 3-Year FCF Growth Rate falls into.

Novatek Microelectronics 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Novatek Microelectronics (TPE:3034) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Novatek Microelectronics 3-Year FCF Growth Rate Related Terms

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Novatek Microelectronics (TPE:3034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Novatek Microelectronics Corp (TPE:3034) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.13, Innovation Road I, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30076

Website

https://www.novatek.com.tw

Novatek Microelectronics Corp is a chip design company specializing in the design, development, and sales of a wide range of display driver ICs and SoC solutions for all display and audio/video applications. The group is mainly engaged in researching, developing, manufacturing, and sales of integrated circuit chips speech, communication, computer peripherals, LCD driver IC system, embedded MCU, DSP, and systems. The firm generates the majority of its revenue from countries across Asia, and the rest comes from Taiwan and others.

Novatek Microelectronics (TPE:3034) Headlines

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