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AUO (AUOTY) Cyclically Adjusted FCF per Share : $0.59 (As of Mar. 2025)


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What is AUO Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

AUO's adjusted free cash flow per share for the three months ended in Mar. 2025 was $-0.193. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.59 for the trailing ten years ended in Mar. 2025.

During the past 12 months, AUO's average Cyclically Adjusted FCF Growth Rate was -32.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -13.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.40% 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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of AUO was 47.90% per year. The lowest was -23.50% per year. And the median was -4.90% per year.

As of today (2025-05-19), AUO's current stock price is $6.07. AUO's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.59. AUO's Cyclically Adjusted Price-to-FCF of today is 10.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AUO was 32.08. The lowest was 4.40. And the median was 7.42.


AUO Cyclically Adjusted FCF per Share Historical Data

The historical data trend for AUO's Cyclically Adjusted FCF per Share 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.

AUO Cyclically Adjusted FCF per Share Chart

AUO Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 1.04 1.01 0.86 0.56

AUO Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share 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 0.80 0.70 0.64 0.56 0.59

Competitive Comparison of AUO's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, AUO'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.


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

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

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


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AUO Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, AUO's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.193/134.9266*134.9266
=-0.193

Current CPI (Mar. 2025) = 134.9266.

AUO Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.472 100.684 0.633
201509 -0.064 100.392 -0.086
201512 0.451 99.792 0.610
201603 -0.133 100.470 -0.179
201606 -0.337 101.688 -0.447
201609 -0.312 101.861 -0.413
201612 0.388 101.863 0.514
201703 0.309 102.862 0.405
201706 0.695 103.349 0.907
201709 0.503 104.136 0.652
201712 0.221 104.011 0.287
201803 -0.093 105.290 -0.119
201806 0.052 106.317 0.066
201809 0.079 106.507 0.100
201812 0.187 105.998 0.238
201903 -0.360 107.251 -0.453
201906 -0.027 108.070 -0.034
201909 -0.144 108.329 -0.179
201912 0.166 108.420 0.207
202003 -0.393 108.902 -0.487
202006 -0.142 108.767 -0.176
202009 0.307 109.815 0.377
202012 0.715 109.897 0.878
202103 0.818 111.754 0.988
202106 0.846 114.631 0.996
202109 0.975 115.734 1.137
202112 0.959 117.630 1.100
202203 0.190 121.301 0.211
202206 0.044 125.017 0.047
202209 -0.623 125.227 -0.671
202212 0.041 125.222 0.044
202303 -0.930 127.348 -0.985
202306 0.088 128.729 0.092
202309 0.030 129.860 0.031
202312 0.089 129.419 0.093
202403 -0.276 131.776 -0.283
202406 -0.093 132.554 -0.095
202409 0.152 133.029 0.154
202412 0.060 133.157 0.061
202503 -0.193 134.927 -0.193

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


AUO  (OTCPK:AUOTY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

AUO's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.07/0.59
=10.29

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AUO was 32.08. The lowest was 4.40. And the median was 7.42.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


AUO Cyclically Adjusted FCF per Share Related Terms

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


AUO Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AUO Corp (OTCPK:AUOTY) » Definitions » Cyclically Adjusted FCF per Share
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Address
No. 1, Li-Hsin Road 2, Hsinchu Science Park, Hsinchu, TWN, 300094
AUO Corp is a Taiwan-based company that manufactures & distributes thin-film-transistor liquid-crystal-display (TFT-LCD) panels to original equipment manufacturers. The display segment generally is engaged in the research, development, design, manufacturing, & sale of flat panel displays. The energy segment mainly is engaged in the design, manufacturing, and sale of ingots, solar wafers, and solar modules, as well as providing technical engineering services and maintenance services for solar system projects AU Optronics has manufacturing facilities in Taiwan, Japan, and Malaysia. It operates in two segments - The display segment & energy segment, the majority is derived from the Display segment. Geographically, the majority is from the PRC (including Hong Kong).