Solar Applied Materials Technology (ROCO:1785) Cyclically Adjusted FCF per Share: NT$0.22 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:1785 Solar Applied Materials Technology Corp ROCO:1785
62 GF Score
Price NT$101.00
GF Value NT$105.93
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Solar Applied Materials Technology Cyclically Adjusted FCF per Share?

Solar Applied Materials Technology ROCO:1785 -2.42% 62 Cyclically Adjusted FCF per Share is NT$0.22 as of Jun. 2026. GuruFocus rates ROCO:1785 with a GF Score™ of 62/100 and a GF Value™ of NT$105.93 (Fairly Valued). The stock has 2 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.

Solar Applied Materials Technology's adjusted free cash flow per share for the three months ended in Jun. 2026 was NT$2.274. 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 NT$0.22 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -72.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Solar Applied Materials Technology was 58.50% per year. The lowest was -72.20% per year. And the median was 31.20% per year.

As of today (2026-08-22), Solar Applied Materials Technology's current stock price is NT$101.00. Solar Applied Materials Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was NT$0.22. Solar Applied Materials Technology's Cyclically Adjusted Price-to-FCF of today is 459.09.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Solar Applied Materials Technology was 709.09. The lowest was 54.27. And the median was 201.11.


Solar Applied Materials Technology  (ROCO:1785) 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.

Solar Applied Materials Technology's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=101.00/0.22
=459.09

* 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 Solar Applied Materials Technology was 709.09. The lowest was 54.27. And the median was 201.11.


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.


Solar Applied Materials Technology Cyclically Adjusted FCF per Share Related Terms


Solar Applied Materials Technology Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Solar Applied Materials Technology'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.

Solar Applied Materials Technology Cyclically Adjusted FCF per Share Chart

Solar Applied Materials Technology 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 -0.48 -0.19 -0.58 -0.80 -0.97

Solar Applied Materials Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.54 -0.97 -0.48 0.22

ROCO:1785 vs CRS, ATI, MLI: Cyclically Adjusted FCF per Share Comparison

For the Specialty Chemicals subindustry, Solar Applied Materials 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.


Solar Applied Materials Technology Cyclically Adjusted Price-to-FCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solar Applied Materials Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ROCO:1785
62GF Score
Solar Applied Materials Technology Corp ROCO:1785
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solar Applied Materials Technology 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, Solar Applied Materials Technology's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.274/333.9520*333.9520
=2.274

Current CPI (Jun. 2026) = 333.9520.

Solar Applied Materials Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.187 241.428 -0.259
201612 2.374 241.432 3.284
201703 0.046 243.801 0.063
201706 0.916 244.955 1.249
201709 0.006 246.819 0.008
201712 0.743 246.524 1.006
201803 -0.134 249.554 -0.179
201806 -0.586 251.989 -0.777
201809 0.523 252.439 0.692
201812 -0.585 251.233 -0.778
201903 1.067 254.202 1.402
201906 0.198 256.143 0.258
201909 -3.125 256.759 -4.065
201912 0.698 256.974 0.907
202003 1.186 258.115 1.534
202006 0.344 257.797 0.446
202009 -0.560 260.280 -0.719
202012 0.626 260.474 0.803
202103 -0.493 264.877 -0.622
202106 -0.309 271.696 -0.380
202109 -0.137 274.310 -0.167
202112 0.612 278.802 0.733
202203 -0.091 287.504 -0.106
202206 0.710 296.311 0.800
202209 0.129 296.808 0.145
202212 -1.378 296.797 -1.551
202303 -0.109 301.836 -0.121
202306 -0.147 305.109 -0.161
202309 1.068 307.789 1.159
202312 -0.404 306.746 -0.440
202403 0.066 312.332 0.071
202406 -1.283 314.175 -1.364
202409 0.850 315.301 0.900
202412 0.155 315.605 0.164
202503 0.268 319.799 0.280
202506 -1.688 322.561 -1.748
202509 -0.072 324.800 -0.074
202512 0.267 324.054 0.275
202603 -2.715 330.213 -2.746
202606 2.274 333.952 2.274

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 NT$0.22 mean?
Solar Applied Materials Technology (ROCO:1785) has a Cyclically Adjusted FCF per Share of NT$0.22 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Solar Applied Materials Technology and its competitors.
Is Solar Applied Materials Technology's Cyclically Adjusted FCF per Share too high?
Solar Applied Materials Technology's current Cyclically Adjusted FCF per Share is NT$0.22. Overall, Solar Applied Materials Technology has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solar Applied Materials Technology's Cyclically Adjusted FCF per Share compare to CRS and ATI?
Solar Applied Materials Technology's Cyclically Adjusted FCF per Share of NT$0.22 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted FCF per Share depends on the Chemicals 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 Solar Applied Materials Technology and its competitors. Solar Applied Materials Technology's current Cyclically Adjusted FCF per Share is NT$0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Applied Materials Technology stock overvalued right now?
Based on GuruFocus' analysis, Solar Applied Materials Technology (ROCO:1785) is currently considered Fairly Valued. The stock's GF Value™ is NT$105.93, compared to a current price of NT$101.00 — trading 4.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$0.22. Solar Applied Materials Technology's overall GF Score™ is 62/100 with 2 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 Solar Applied Materials Technology (ROCO:1785), the current Cyclically Adjusted FCF per Share is NT$0.22 as of Jun. 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 Solar Applied Materials Technology (ROCO:1785) Overvalued in 2026?

Based on GuruFocus' analysis, Solar Applied Materials Technology stock appears to be undervalued. The current stock price of NT$101.00 is trading 4.7% below its estimated GF Value™ of NT$105.93. GuruFocus considers Solar Applied Materials Technology to be Fairly Valued.

Key valuation signals for ROCO:1785:

  • Cyclically Adjusted FCF per Share: NT$0.22
  • GF Value™: NT$105.93 vs. price of NT$101.00 (4.7% below fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the ROCO:1785 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solar Applied Materials Technology Business Description

Address No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955
Solar Applied Materials Technology Corp is a company involved in research and development and manufacturing of thin-film sputtering targets. It is engaged in manufacturing, processing, recycling, refining, and trading of sputtering targets for thin film, precious metal materials, and specialty chemicals for automobiles. The firm's operating segment includes Solar and Solar (KunShan). The firm generates the majority of its revenue from Solar (KunShan), which is principally engaged in producing photovoltaic sputtering targets for thin film, electroplating chemicals, specialty chemicals for automobiles, and electroplating processing.
62GF Score

Get the complete analysis for ROCO:1785

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

NT$101.00
Price
NT$105.93
GF Value