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UTECHZONE Co (ROCO:3455) Cyclically Adjusted FCF per Share : NT$2.69 (As of Dec. 2023)


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What is UTECHZONE 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.

UTECHZONE Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was NT$3.011. 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$2.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, UTECHZONE Co's average Cyclically Adjusted FCF Growth Rate was 75.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 69.70% 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 UTECHZONE Co was 69.70% per year. The lowest was 40.60% per year. And the median was 55.15% per year.

As of today (2024-05-02), UTECHZONE Co's current stock price is NT$90.30. UTECHZONE Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was NT$2.69. UTECHZONE Co's Cyclically Adjusted Price-to-FCF of today is 33.57.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of UTECHZONE Co was 1485.00. The lowest was 26.99. And the median was 80.07.


UTECHZONE Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for UTECHZONE 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.

UTECHZONE Co Cyclically Adjusted FCF per Share Chart

UTECHZONE 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 0.55 0.55 1.41 1.53 2.69

UTECHZONE Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.53 1.96 2.00 1.93 2.69

Competitive Comparison of UTECHZONE Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, UTECHZONE 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.


UTECHZONE Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



UTECHZONE 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, UTECHZONE Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.011/129.4194*129.4194
=3.011

Current CPI (Dec. 2023) = 129.4194.

UTECHZONE Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.201 99.695 -1.559
201406 1.293 100.560 1.664
201409 -2.413 100.428 -3.110
201412 1.612 99.070 2.106
201503 -0.993 99.621 -1.290
201506 1.609 100.684 2.068
201509 0.579 100.392 0.746
201512 0.026 99.792 0.034
201603 2.850 100.470 3.671
201606 -0.217 101.688 -0.276
201609 10.897 101.861 13.845
201612 -1.539 101.863 -1.955
201703 -2.364 102.862 -2.974
201706 -1.611 103.349 -2.017
201709 3.198 104.136 3.974
201712 -2.473 104.011 -3.077
201803 -3.827 105.290 -4.704
201806 -5.449 106.317 -6.633
201809 6.726 106.507 8.173
201812 0.343 105.998 0.419
201903 -4.589 107.251 -5.538
201906 -2.680 108.070 -3.209
201909 0.701 108.329 0.837
201912 1.725 108.420 2.059
202003 -4.092 108.902 -4.863
202006 -1.217 108.767 -1.448
202009 3.227 109.815 3.803
202012 9.101 109.897 10.718
202103 -1.985 111.754 -2.299
202106 0.808 114.631 0.912
202109 3.291 115.734 3.680
202112 4.582 117.630 5.041
202203 1.415 121.301 1.510
202206 2.270 125.017 2.350
202209 -8.353 125.227 -8.633
202212 4.580 125.222 4.734
202303 0.981 127.348 0.997
202306 2.957 128.729 2.973
202309 1.183 129.860 1.179
202312 3.011 129.419 3.011

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


UTECHZONE Co  (ROCO:3455) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=90.30/2.69
=33.57

* 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 UTECHZONE Co was 1485.00. The lowest was 26.99. And the median was 80.07.


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.


UTECHZONE Co Cyclically Adjusted FCF per Share Related Terms

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


UTECHZONE Co (ROCO:3455) Business Description

Industry
Traded in Other Exchanges
N/A
Address
10F, No. 268, Liancheng Road, Taipei County, Jhonghe City, TWN, 23553
UTECHZONE Co Ltd is engaged in the development of automated optical inspection equipment for integrated circuits and thin film transistor liquid crystal displays. It provides strip type, panel type and flip chip AOI equipment.

UTECHZONE Co (ROCO:3455) Headlines

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