Win Semiconductors (ROCO:3105) Cyclically Adjusted FCF per Share: NT$2.90 (As of Mar. 2026)

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ROCO:3105 Win Semiconductors Corp ROCO:3105
63 GF Score
Price NT$291.00
GF Value NT$174.72
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Win Semiconductors Cyclically Adjusted FCF per Share?

Win Semiconductors ROCO:3105 -9.91% 63 Cyclically Adjusted FCF per Share is NT$2.90 as of Mar. 2026. GuruFocus rates ROCO:3105 with a GF Score™ of 63/100 and a GF Value™ of NT$174.72 (Significantly Overvalued). The stock has 4 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.

Win Semiconductors's adjusted free cash flow per share for the three months ended in Mar. 2026 was NT$-1.644. 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$2.90 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Win Semiconductors's average Cyclically Adjusted FCF Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.70% 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 Win Semiconductors was 4.80% per year. The lowest was -3.40% per year. And the median was 1.70% per year.

As of today (2026-07-30), Win Semiconductors's current stock price is NT$291.00. Win Semiconductors's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was NT$2.90. Win Semiconductors's Cyclically Adjusted Price-to-FCF of today is 100.34.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Win Semiconductors was 219.95. The lowest was 29.07. And the median was 74.90.


Win Semiconductors  (ROCO:3105) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=291.00/2.90
=100.34

* 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 Win Semiconductors was 219.95. The lowest was 29.07. And the median was 74.90.


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.


Win Semiconductors Cyclically Adjusted FCF per Share Related Terms


Win Semiconductors Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Win Semiconductors'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.

Win Semiconductors Cyclically Adjusted FCF per Share Chart

Win Semiconductors 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 2.57 2.57 2.36 2.50 2.96

Win Semiconductors Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 2.70 2.61 2.79 2.96 2.90

ROCO:3105 vs NVDA, AVGO, MU: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Win Semiconductors'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.


Win Semiconductors Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

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


ROCO:3105
63GF Score
Win Semiconductors Corp ROCO:3105
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Win Semiconductors 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, Win Semiconductors'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)
=-1.644/330.2130*330.2130
=-1.644

Current CPI (Mar. 2026) = 330.2130.

Win Semiconductors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.056 241.018 -0.077
201609 0.559 241.428 0.765
201612 1.113 241.432 1.522
201703 -0.012 243.801 -0.016
201706 1.462 244.955 1.971
201709 0.779 246.819 1.042
201712 2.260 246.524 3.027
201803 -0.979 249.554 -1.295
201806 -0.338 251.989 -0.443
201809 -1.389 252.439 -1.817
201812 2.317 251.233 3.045
201903 0.314 254.202 0.408
201906 -1.027 256.143 -1.324
201909 3.920 256.759 5.041
201912 3.134 256.974 4.027
202003 1.674 258.115 2.142
202006 -1.444 257.797 -1.850
202009 -0.347 260.280 -0.440
202012 -0.023 260.474 -0.029
202103 0.280 264.877 0.349
202106 -2.345 271.696 -2.850
202109 0.517 274.310 0.622
202112 0.659 278.802 0.781
202203 1.385 287.504 1.591
202206 -1.798 296.311 -2.004
202209 -4.038 296.808 -4.492
202212 1.554 296.797 1.729
202303 -2.260 301.836 -2.472
202306 1.947 305.109 2.107
202309 -0.365 307.789 -0.392
202312 3.030 306.746 3.262
202403 2.356 312.332 2.491
202406 2.289 314.175 2.406
202409 2.650 315.301 2.775
202412 1.250 315.605 1.308
202503 2.326 319.799 2.402
202506 0.776 322.561 0.794
202509 1.941 324.800 1.973
202512 2.472 324.054 2.519
202603 -1.644 330.213 -1.644

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$2.90 mean?
Win Semiconductors (ROCO:3105) has a Cyclically Adjusted FCF per Share of NT$2.90 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 Win Semiconductors and its competitors.
Is Win Semiconductors' Cyclically Adjusted FCF per Share too high?
Win Semiconductors' current Cyclically Adjusted FCF per Share is NT$2.90. Overall, Win Semiconductors has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Win Semiconductors' Cyclically Adjusted FCF per Share compare to NVDA and AVGO?
Win Semiconductors' Cyclically Adjusted FCF per Share of NT$2.90 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 Win Semiconductors and its competitors. Win Semiconductors's current Cyclically Adjusted FCF per Share is NT$2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Win Semiconductors stock overvalued right now?
Based on GuruFocus' analysis, Win Semiconductors (ROCO:3105) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$174.72, compared to a current price of NT$291.00 — trading 66.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$2.90. Win Semiconductors' overall GF Score™ is 63/100 with 4 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 Win Semiconductors (ROCO:3105), the current Cyclically Adjusted FCF per Share is NT$2.90 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 Win Semiconductors (ROCO:3105) Overvalued in 2026?

Based on GuruFocus' analysis, Win Semiconductors stock appears to be overvalued. The current stock price of NT$291.00 is trading 66.6% above its estimated GF Value™ of NT$174.72. GuruFocus considers Win Semiconductors to be Significantly Overvalued.

Key valuation signals for ROCO:3105:

  • Cyclically Adjusted FCF per Share: NT$2.90
  • GF Value™: NT$174.72 vs. price of NT$291.00 (66.6% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the ROCO:3105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Win Semiconductors Business Description

Address No. 69, Keji 7th Road, Hwaya Technology Park, Guishan District, Taoyuan, TWN, 33383
Founded in 1999, Win Semiconductors is the largest foundry for nonsilicon-based semiconductor components, most notably gallium arsenide, or GaAs; gallium nitride, or GaN; and silicon carbide, or SiC. Win Semi wielded over 50% share in the GaAs foundry market in 2025, followed by Advanced Wireless Semiconductor and GCS Holdings. The company's headquarters, four factories, and most of its 3,500 employees are based in Taoyuan City, Taiwan. Its products are applied in mobile, Wi-Fi networks, cellular infrastructure (such as base stations), satellite communication, optical communication, and 3D sensing. The company also provides automated testing and inspection services.
63GF Score

Get the complete analysis for ROCO:3105

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

NT$291.00
Price
NT$174.72
GF Value