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Jhen Vei Electronic Co (ROCO:3520) Cyclically Adjusted FCF per Share : NT$-1.26 (As of Mar. 2024)


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What is Jhen Vei Electronic 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.

Jhen Vei Electronic Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-1.633. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-1.26 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.20% 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 Jhen Vei Electronic Co was -0.30% per year. The lowest was -13.30% per year. And the median was -6.80% per year.

As of today (2024-05-20), Jhen Vei Electronic Co's current stock price is NT$19.40. Jhen Vei Electronic Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-1.26. Jhen Vei Electronic Co's Cyclically Adjusted Price-to-FCF of today is .


Jhen Vei Electronic Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jhen Vei Electronic 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.

Jhen Vei Electronic Co Cyclically Adjusted FCF per Share Chart

Jhen Vei Electronic 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 -1.06 -1.22 -1.23 -1.54 -1.23

Jhen Vei Electronic Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.44 -1.38 -1.30 -1.23 -1.26

Competitive Comparison of Jhen Vei Electronic Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Jhen Vei Electronic 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.


Jhen Vei Electronic Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Jhen Vei Electronic 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, Jhen Vei Electronic Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.633/131.7762*131.7762
=-1.633

Current CPI (Mar. 2024) = 131.7762.

Jhen Vei Electronic Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.414 100.560 0.543
201409 -0.987 100.428 -1.295
201412 1.378 99.070 1.833
201503 0.321 99.621 0.425
201506 0.584 100.684 0.764
201509 0.017 100.392 0.022
201512 -0.059 99.792 -0.078
201603 0.196 100.470 0.257
201606 0.325 101.688 0.421
201609 -1.254 101.861 -1.622
201612 -0.161 101.863 -0.208
201703 -1.666 102.862 -2.134
201706 0.516 103.349 0.658
201709 -4.079 104.136 -5.162
201712 -0.211 104.011 -0.267
201803 0.995 105.290 1.245
201806 0.305 106.317 0.378
201809 -1.666 106.507 -2.061
201812 0.185 105.998 0.230
201903 -1.784 107.251 -2.192
201906 2.413 108.070 2.942
201909 -0.945 108.329 -1.150
201912 -0.923 108.420 -1.122
202003 1.523 108.902 1.843
202006 -1.612 108.767 -1.953
202009 -0.458 109.815 -0.550
202012 -0.200 109.897 -0.240
202103 0.094 111.754 0.111
202106 -1.032 114.631 -1.186
202109 -1.712 115.734 -1.949
202112 -0.955 117.630 -1.070
202203 -1.072 121.301 -1.165
202206 1.037 125.017 1.093
202209 0.202 125.227 0.213
202212 0.395 125.222 0.416
202303 -0.127 127.348 -0.131
202306 0.365 128.729 0.374
202309 0.542 129.860 0.550
202312 0.264 129.419 0.269
202403 -1.633 131.776 -1.633

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


Jhen Vei Electronic Co  (ROCO:3520) 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.


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.


Jhen Vei Electronic Co Cyclically Adjusted FCF per Share Related Terms

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


Jhen Vei Electronic Co (ROCO:3520) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 18, Lane 609, Chongxin Road, 6th Floor, Section 5, Sanchong District, New Taipei, TWN, 24159
Jhen Vei Electronic Co Ltd is a Taiwan based manufacturer of electronic components. It offers electronic components and internet security products. The products offered by the company are USB cables, DC cables, wire harness, audio cables, VGA, and others. Its segment includes Electronics Component Department; After Processing of Electronics Component and Energy. The company generates maximum revenue from the Electronics Component Department segment.

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