Tai-Saw Technology Co (ROCO:3221) Cyclically Adjusted FCF per Share: NT$0.87 (As of Mar. 2026)

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ROCO:3221 Tai-Saw Technology Co Ltd ROCO:3221
49 GF Score
Price NT$44.20
GF Value NT$23.79
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tai-Saw Technology Co Cyclically Adjusted FCF per Share?

Tai-Saw Technology Co ROCO:3221 +9.95% 49 Cyclically Adjusted FCF per Share is NT$0.87 as of Mar. 2026. GuruFocus rates ROCO:3221 with a GF Score™ of 49/100 and a GF Value™ of NT$23.79 (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.

Tai-Saw Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was NT$-0.177. 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$0.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tai-Saw Technology Co's average Cyclically Adjusted FCF Growth Rate was -34.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -13.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -2.20% 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 Tai-Saw Technology Co was 23.90% per year. The lowest was -13.20% per year. And the median was 3.75% per year.

As of today (2026-08-01), Tai-Saw Technology Co's current stock price is NT$44.20. Tai-Saw Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was NT$0.87. Tai-Saw Technology Co's Cyclically Adjusted Price-to-FCF of today is 50.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tai-Saw Technology Co was 76.21. The lowest was 13.75. And the median was 20.44.


Tai-Saw Technology Co  (ROCO:3221) 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.

Tai-Saw 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
=44.20/0.87
=50.80

* 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 Tai-Saw Technology Co was 76.21. The lowest was 13.75. And the median was 20.44.


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.


Tai-Saw Technology Co Cyclically Adjusted FCF per Share Related Terms


Tai-Saw Technology Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tai-Saw 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.

Tai-Saw Technology Co Cyclically Adjusted FCF per Share Chart

Tai-Saw Technology Co 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 1.34 1.56 1.45 1.37 1.02

Tai-Saw Technology Co 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 1.32 1.25 1.05 1.02 0.87

ROCO:3221 vs CSCO, MSI, HPE: Cyclically Adjusted FCF per Share Comparison

For the Communication Equipment subindustry, Tai-Saw 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.


Tai-Saw Technology Co Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


ROCO:3221
49GF Score
Tai-Saw Technology Co Ltd ROCO:3221
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tai-Saw 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, Tai-Saw Technology Co'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)
=-0.177/330.2130*330.2130
=-0.177

Current CPI (Mar. 2026) = 330.2130.

Tai-Saw Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.452 241.018 0.619
201609 -2.376 241.428 -3.250
201612 -0.817 241.432 -1.117
201703 1.115 243.801 1.510
201706 0.511 244.955 0.689
201709 0.335 246.819 0.448
201712 0.499 246.524 0.668
201803 0.022 249.554 0.029
201806 -0.762 251.989 -0.999
201809 -1.718 252.439 -2.247
201812 0.616 251.233 0.810
201903 0.795 254.202 1.033
201906 0.901 256.143 1.162
201909 0.119 256.759 0.153
201912 0.676 256.974 0.869
202003 0.440 258.115 0.563
202006 -0.213 257.797 -0.273
202009 -0.610 260.280 -0.774
202012 0.734 260.474 0.931
202103 0.041 264.877 0.051
202106 0.814 271.696 0.989
202109 0.584 274.310 0.703
202112 -0.583 278.802 -0.691
202203 1.795 287.504 2.062
202206 -2.535 296.311 -2.825
202209 3.895 296.808 4.333
202212 2.750 296.797 3.060
202303 -0.446 301.836 -0.488
202306 -0.160 305.109 -0.173
202309 0.584 307.789 0.627
202312 0.674 306.746 0.726
202403 -0.003 312.332 -0.003
202406 -0.385 314.175 -0.405
202409 0.069 315.301 0.072
202412 0.940 315.605 0.984
202503 -0.418 319.799 -0.432
202506 0.017 322.561 0.017
202509 -0.926 324.800 -0.941
202512 0.372 324.054 0.379
202603 -0.177 330.213 -0.177

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$0.87 mean?
Tai-Saw Technology Co (ROCO:3221) has a Cyclically Adjusted FCF per Share of NT$0.87 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 Tai-Saw Technology Co and its competitors.
Is Tai-Saw Technology Co's Cyclically Adjusted FCF per Share too high?
Tai-Saw Technology Co's current Cyclically Adjusted FCF per Share is NT$0.87. Overall, Tai-Saw Technology Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tai-Saw Technology Co's Cyclically Adjusted FCF per Share compare to CSCO and MSI?
Tai-Saw Technology Co's Cyclically Adjusted FCF per Share of NT$0.87 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware 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 Tai-Saw Technology Co and its competitors. Tai-Saw Technology Co's current Cyclically Adjusted FCF per Share is NT$0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tai-Saw Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tai-Saw Technology Co (ROCO:3221) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$23.79, compared to a current price of NT$44.20 — trading 85.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$0.87. Tai-Saw Technology Co's overall GF Score™ is 49/100 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 Tai-Saw Technology Co (ROCO:3221), the current Cyclically Adjusted FCF per Share is NT$0.87 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 Tai-Saw Technology Co (ROCO:3221) Overvalued in 2026?

Based on GuruFocus' analysis, Tai-Saw Technology Co stock appears to be overvalued. The current stock price of NT$44.20 is trading 85.8% above its estimated GF Value™ of NT$23.79. GuruFocus considers Tai-Saw Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:3221:

  • Cyclically Adjusted FCF per Share: NT$0.87
  • GF Value™: NT$23.79 vs. price of NT$44.20 (85.8% above fair value)
  • GF Score™: 49/100 with 4 warning signs

No single metric tells the full story. See the ROCO:3221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tai-Saw Technology Co Business Description

Address Gongye 2nd Road, No. 3, Yongfeng Village, Pingzhen District, Taoyuan, TWN, 324403
Tai-Saw Technology Co Ltd is engaged in research and development, design, manufacture, and sales of radio communications components and their system equipment, computer hardware, and peripheral components as well as the manufacture and packaging of integrated circuits. Its products include RF SAW Filters, IF SAW Filters, SAW Resonators, SAW Duplexers, SAW Oscillators, Crystal Resonators, Crystal Filter, and others. Its products are mainly used in mobile phones, data communications, wireless remote controls, and others. The majority of the company's revenue is generated from the sale of frequency components. Geographically, it derives maximum revenue from Asia (excluding Taiwan) and the rest from Taiwan, the Americas, Europe, and other regions.
49GF Score

Get the complete analysis for ROCO:3221

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

NT$44.20
Price
NT$23.79
GF Value