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Megawin Technology Co (ROCO:3122) Cyclically Adjusted FCF per Share : NT$0.61 (As of Sep. 2024)


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What is Megawin Technology Co 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.

Megawin Technology Co's adjusted free cash flow per share for the three months ended in Sep. 2024 was NT$-0.016. 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$0.61 for the trailing ten years ended in Sep. 2024.

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 (2024-12-13), Megawin Technology Co's current stock price is NT$33.45. Megawin Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was NT$0.61. Megawin Technology Co's Cyclically Adjusted Price-to-FCF of today is 54.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Megawin Technology Co was 2020.00. The lowest was 50.15. And the median was 67.97.


Megawin Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Megawin Technology Co'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.

Megawin Technology Co Cyclically Adjusted FCF per Share Chart

Megawin Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.03 -0.25 -0.13

Megawin Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.21 -0.13 0.66 0.58 0.61

Competitive Comparison of Megawin Technology Co's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Megawin Technology Co'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.


Megawin Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Megawin Technology Co 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, Megawin Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.016/133.0289*133.0289
=-0.016

Current CPI (Sep. 2024) = 133.0289.

Megawin Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.764 99.070 3.711
201503 -0.217 99.621 -0.290
201506 0.361 100.684 0.477
201509 0.543 100.392 0.720
201512 0.801 99.792 1.068
201603 -0.077 100.470 -0.102
201606 -0.254 101.688 -0.332
201609 0.762 101.861 0.995
201612 -0.510 101.863 -0.666
201703 -0.276 102.862 -0.357
201706 -0.293 103.349 -0.377
201709 0.428 104.136 0.547
201712 0.193 104.011 0.247
201803 -0.101 105.290 -0.128
201806 0.114 106.317 0.143
201809 -0.149 106.507 -0.186
201812 -0.846 105.998 -1.062
201903 0.022 107.251 0.027
201906 -0.159 108.070 -0.196
201909 0.455 108.329 0.559
201912 -0.485 108.420 -0.595
202003 -0.776 108.902 -0.948
202006 -0.347 108.767 -0.424
202009 0.209 109.815 0.253
202012 0.209 109.897 0.253
202103 -0.078 111.754 -0.093
202106 0.652 114.631 0.757
202109 2.068 115.734 2.377
202112 1.470 117.630 1.662
202203 -0.300 121.301 -0.329
202206 -1.304 125.017 -1.388
202209 -0.892 125.227 -0.948
202212 -0.002 125.222 -0.002
202303 0.373 127.348 0.390
202306 0.045 128.729 0.047
202309 -0.145 129.860 -0.149
202312 0.686 129.419 0.705
202403 -0.013 131.776 -0.013
202406 -0.205 132.554 -0.206
202409 -0.016 133.029 -0.016

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


Megawin Technology Co  (ROCO:3122) 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.

Megawin Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=33.45/0.61
=54.84

* 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 Megawin Technology Co was 2020.00. The lowest was 50.15. And the median was 67.97.


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.


Megawin Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Megawin Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Taiyuan 1st Street, 7th Floor-1, Hsinchu County, Zhubei, TWN, 30288
Megawin Technology Co Ltd is a Taiwan-based MCU manufacturer. It focuses on MCU design and sales. The company products include Standard, 1T 8051 MCU, Full Speed MCU, Low-Speed Microcontroller, USB Bridge, USB Keyboard/Mice/Joystick and Charge IC, Low Pin Count 8051 MCU, and USB 8051 Flash MCU.

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