ChipMOS TECHNOLOGIES (FRA:CPIA) Cyclically Adjusted FCF per Share: €0.51 (As of Mar. 2026)

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FRA:CPIA ChipMOS TECHNOLOGIES Inc FRA:CPIA
66 GF Score
Price €64.50
GF Value €27.03
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is ChipMOS TECHNOLOGIES Cyclically Adjusted FCF per Share?

ChipMOS TECHNOLOGIES FRA:CPIA +3.20% 66 Cyclically Adjusted FCF per Share is €0.51 as of Mar. 2026. GuruFocus rates FRA:CPIA with a GF Score™ of 66/100 and a GF Value™ of €27.03 (Significantly Overvalued). The stock has 7 warning signs investors should review.

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.

ChipMOS TECHNOLOGIES's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.817. 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 €0.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ChipMOS TECHNOLOGIES's average Cyclically Adjusted FCF Growth Rate was -17.10% 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.

As of today (2026-07-14), ChipMOS TECHNOLOGIES's current stock price is €64.50. ChipMOS TECHNOLOGIES's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.51. ChipMOS TECHNOLOGIES's Cyclically Adjusted Price-to-FCF of today is 126.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ChipMOS TECHNOLOGIES was 127.17. The lowest was 22.79. And the median was 39.95.


ChipMOS TECHNOLOGIES  (FRA:CPIA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=64.50/0.51
=126.47

* 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 ChipMOS TECHNOLOGIES was 127.17. The lowest was 22.79. And the median was 39.95.


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.


ChipMOS TECHNOLOGIES Cyclically Adjusted FCF per Share Related Terms


ChipMOS TECHNOLOGIES Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for ChipMOS TECHNOLOGIES'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.

ChipMOS TECHNOLOGIES Cyclically Adjusted FCF per Share Chart

ChipMOS TECHNOLOGIES Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.66

ChipMOS TECHNOLOGIES Quarterly Data
Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.60 0.50 0.57 0.66 0.51

FRA:CPIA vs NVDA, AVGO, MU: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, ChipMOS TECHNOLOGIES'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.


ChipMOS TECHNOLOGIES Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

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


FRA:CPIA
66GF Score
ChipMOS TECHNOLOGIES Inc FRA:CPIA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ChipMOS TECHNOLOGIES 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, ChipMOS TECHNOLOGIES's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.817/330.2130*330.2130
=-0.817

Current CPI (Mar. 2026) = 330.2130.

ChipMOS TECHNOLOGIES Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.634 234.812 0.892
201503 0.263 236.119 0.368
201506 0.036 238.638 0.050
201509 0.013 237.945 0.018
201512 0.374 236.525 0.522
201603 0.207 238.132 0.287
201606 -0.338 241.018 -0.463
201609 -0.514 241.428 -0.703
201612 0.024 241.432 0.033
201703 0.722 243.801 0.978
201706 -0.119 244.955 -0.160
201709 -0.438 246.819 -0.586
201712 -0.300 246.524 -0.402
201803 -0.399 249.554 -0.528
201806 -0.165 251.989 -0.216
201809 0.144 252.439 0.188
201812 0.485 251.233 0.637
201903 0.187 254.202 0.243
201906 -0.159 256.143 -0.205
201909 0.085 256.759 0.109
201912 0.324 256.974 0.416
202003 -0.669 258.115 -0.856
202006 1.680 257.797 2.152
202012 0.000 260.474 0.000
202103 0.000 264.877 0.000
202106 0.000 271.696 0.000
202112 0.000 278.802 0.000
202203 0.000 287.504 0.000
202206 0.000 296.311 0.000
202212 0.000 296.797 0.000
202306 0.000 305.109 0.000
202312 0.000 306.746 0.000
202406 0.000 314.175 0.000
202409 0.000 315.301 0.000
202412 0.000 315.605 0.000
202503 -0.509 319.799 -0.526
202506 -0.093 322.561 -0.095
202509 0.929 324.800 0.944
202512 1.441 324.054 1.468
202603 -0.817 330.213 -0.817

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

What does a Cyclically Adjusted FCF per Share of €0.51 mean?
ChipMOS TECHNOLOGIES (FRA:CPIA) has a Cyclically Adjusted FCF per Share of €0.51 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on ChipMOS TECHNOLOGIES and its competitors.
Is ChipMOS TECHNOLOGIES's Cyclically Adjusted FCF per Share too high?
ChipMOS TECHNOLOGIES's current Cyclically Adjusted FCF per Share is €0.51. Overall, ChipMOS TECHNOLOGIES has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ChipMOS TECHNOLOGIES's Cyclically Adjusted FCF per Share compare to NVDA and AVGO?
ChipMOS TECHNOLOGIES's Cyclically Adjusted FCF per Share of €0.51 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on ChipMOS TECHNOLOGIES and its competitors. ChipMOS TECHNOLOGIES's current Cyclically Adjusted FCF per Share is €0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ChipMOS TECHNOLOGIES stock overvalued right now?
Based on GuruFocus' analysis, ChipMOS TECHNOLOGIES (FRA:CPIA) is currently considered Significantly Overvalued. The stock's GF Value™ is €27.03, compared to a current price of €64.50 — trading 138.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.51. ChipMOS TECHNOLOGIES's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For ChipMOS TECHNOLOGIES (FRA:CPIA), the current Cyclically Adjusted FCF per Share is €0.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ChipMOS TECHNOLOGIES (FRA:CPIA) Overvalued in 2026?

Based on GuruFocus' analysis, ChipMOS TECHNOLOGIES stock appears to be overvalued. The current stock price of €64.50 is trading 138.6% above its estimated GF Value™ of €27.03. GuruFocus considers ChipMOS TECHNOLOGIES to be Significantly Overvalued.

Key valuation signals for FRA:CPIA:

  • Cyclically Adjusted FCF per Share: €0.51
  • GF Value™: €27.03 vs. price of €64.50 (138.6% above fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the FRA:CPIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ChipMOS TECHNOLOGIES Business Description

Address No.1, Yanfa 1st Road, Hsinchu Science Park, Hsinchu, TWN
ChipMOS TECHNOLOGIES Inc is engaged in the research, development, manufacturing, and sale of high-integration and high-precision integrated circuits and related assembly and testing services. The company's segments include Testing, Assembly, Testing, and Assembly for LCD, OLED, and other Display Panel Driver Semiconductors (LCDD), Bumping, and others. It derives a majority of its revenue from Taiwan followed by Japan, the People's Republic of China, Singapore, and others.
66GF Score

Get the complete analysis for FRA:CPIA

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€64.50
Price
€27.03
GF Value