International Games System Co (ROCO:3293) Cyclically Adjusted FCF per Share: NT$18.08 (As of Dec. 2025)

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ROCO:3293 International Games System Co Ltd ROCO:3293
96 GF Score
Price NT$718.00
GF Value NT$849.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is International Games System Co Cyclically Adjusted FCF per Share?

International Games System Co ROCO:3293 +1.70% 96 Cyclically Adjusted FCF per Share is NT$18.08 as of Dec. 2025. GuruFocus rates ROCO:3293 with a GF Score™ of 96/100 and a GF Value™ of NT$849.52 (Modestly Undervalued). 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.

International Games System Co's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$16.579. 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$18.08 for the trailing ten years ended in Dec. 2025.

During the past 12 months, International Games System Co's average Cyclically Adjusted FCF Growth Rate was 30.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 28.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 36.00% 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 International Games System Co was 48.60% per year. The lowest was 28.10% per year. And the median was 42.00% per year.

As of today (2026-07-22), International Games System Co's current stock price is NT$718.00. International Games System Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$18.08. International Games System Co's Cyclically Adjusted Price-to-FCF of today is 39.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of International Games System Co was 86.12. The lowest was 18.08. And the median was 41.37.


International Games System Co  (ROCO:3293) 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.

International Games System Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=718.00/18.08
=39.71

* 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 International Games System Co was 86.12. The lowest was 18.08. And the median was 41.37.


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.


International Games System Co Cyclically Adjusted FCF per Share Related Terms


International Games System Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for International Games System 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.

International Games System Co Cyclically Adjusted FCF per Share Chart

International Games System 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 5.64 8.60 11.04 13.87 18.08

International Games System Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 13.87 15.14 16.32 16.58 18.08

ROCO:3293 vs NTES, EA, TTWO: Cyclically Adjusted FCF per Share Comparison

For the Electronic Gaming & Multimedia subindustry, International Games System 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.


International Games System Co Cyclically Adjusted Price-to-FCF vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, International Games System Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where International Games System Co's Cyclically Adjusted Price-to-FCF falls into.


ROCO:3293
96GF Score
International Games System Co Ltd ROCO:3293
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Games System 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, International Games System Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=16.579/324.0540*324.0540
=16.579

Current CPI (Dec. 2025) = 324.0540.

International Games System Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 1.328 238.132 1.807
201606 1.052 241.018 1.414
201609 0.723 241.428 0.970
201612 1.303 241.432 1.749
201703 0.483 243.801 0.642
201706 0.867 244.955 1.147
201709 -0.039 246.819 -0.051
201712 0.875 246.524 1.150
201803 0.571 249.554 0.741
201806 1.148 251.989 1.476
201809 0.071 252.439 0.091
201812 1.311 251.233 1.691
201903 0.891 254.202 1.136
201906 1.999 256.143 2.529
201909 2.177 256.759 2.748
201912 3.004 256.974 3.788
202003 2.161 258.115 2.713
202006 3.699 257.797 4.650
202009 1.903 260.280 2.369
202012 5.506 260.474 6.850
202103 3.619 264.877 4.428
202106 5.833 271.696 6.957
202109 2.076 274.310 2.452
202112 6.326 278.802 7.353
202203 10.712 287.504 12.074
202206 6.323 296.311 6.915
202209 1.559 296.808 1.702
202212 6.818 296.797 7.444
202303 3.914 301.836 4.202
202306 9.416 305.109 10.001
202309 0.812 307.789 0.855
202312 8.589 306.746 9.074
202403 8.182 312.332 8.489
202406 2.406 314.175 2.482
202409 2.145 315.301 2.205
202412 13.588 315.605 13.952
202503 10.909 319.799 11.054
202506 10.931 322.561 10.982
202509 1.979 324.800 1.974
202512 16.579 324.054 16.579

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$18.08 mean?
International Games System Co (ROCO:3293) has a Cyclically Adjusted FCF per Share of NT$18.08 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on International Games System Co and its competitors.
Is International Games System Co's Cyclically Adjusted FCF per Share too high?
International Games System Co's current Cyclically Adjusted FCF per Share is NT$18.08. Overall, International Games System Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Games System Co's Cyclically Adjusted FCF per Share compare to NTES and EA?
International Games System Co's Cyclically Adjusted FCF per Share of NT$18.08 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted FCF per Share depends on the Interactive Media 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 International Games System Co and its competitors. International Games System Co's current Cyclically Adjusted FCF per Share is NT$18.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Games System Co stock overvalued right now?
Based on GuruFocus' analysis, International Games System Co (ROCO:3293) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$849.52, compared to a current price of NT$718.00 — trading 15.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$18.08. International Games System Co's overall GF Score™ is 96/100 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 International Games System Co (ROCO:3293), the current Cyclically Adjusted FCF per Share is NT$18.08 as of Dec. 2025. 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 International Games System Co (ROCO:3293) Overvalued in 2026?

Based on GuruFocus' analysis, International Games System Co stock appears to be undervalued. The current stock price of NT$718.00 is trading 15.5% below its estimated GF Value™ of NT$849.52. GuruFocus considers International Games System Co to be Modestly Undervalued.

Key valuation signals for ROCO:3293:

  • Cyclically Adjusted FCF per Share: NT$18.08
  • GF Value™: NT$849.52 vs. price of NT$718.00 (15.5% below fair value)
  • GF Score™: 96/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Games System Co Business Description

Address No. 130, Wugong Road, Wugu District, New Taipei, TWN, 24886
International Games System Co Ltd plans, designs, researches, develops, manufactures, markets, and services commercial electronic arcade games, related software and hardware products, online games and mobile games. It offers arcade game, online game, mobile game, simulator machine games and online games. All the business activity is operated through Taiwan. There are two segments namely: Arcade game division, which derives maximum revenue and Online game division.
96GF Score

Get the complete analysis for ROCO:3293

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

NT$718.00
Price
NT$849.52
GF Value