Thermaltake Technology Co (ROCO:3540) Cyclically Adjusted FCF per Share: NT$0.12 (As of Dec. 2025)

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ROCO:3540 Thermaltake Technology Co Ltd ROCO:3540
57 GF Score
Price NT$19.35
GF Value NT$51.09
Valuation Possible Value Trap
! 7 Warning Signs
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What is Thermaltake Technology Co Cyclically Adjusted FCF per Share?

Thermaltake Technology Co ROCO:3540 -6.07% 57 Cyclically Adjusted FCF per Share is NT$0.12 as of Dec. 2025. GuruFocus rates ROCO:3540 with a GF Score™ of 57/100 and a GF Value™ of NT$51.09 (Possible Value Trap). The stock has 7 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.

Thermaltake Technology Co's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$-1.429. 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$0.12 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -33.10% 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 Thermaltake Technology Co was -33.10% per year. The lowest was -38.00% per year. And the median was -35.55% per year.

As of today (2026-07-29), Thermaltake Technology Co's current stock price is NT$19.35. Thermaltake Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$0.12. Thermaltake Technology Co's Cyclically Adjusted Price-to-FCF of today is 161.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Thermaltake Technology Co was 272.94. The lowest was 32.68. And the median was 114.21.


Thermaltake Technology Co  (ROCO:3540) 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.

Thermaltake 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
=19.35/0.12
=161.25

* 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 Thermaltake Technology Co was 272.94. The lowest was 32.68. And the median was 114.21.


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.


Thermaltake Technology Co Cyclically Adjusted FCF per Share Related Terms


Thermaltake Technology Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Thermaltake 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.

Thermaltake Technology Co Cyclically Adjusted FCF per Share Chart

Thermaltake 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 0.35 0.40 0.30 -0.02 0.12

Thermaltake Technology 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 -0.02 0.20 0.24 0.25 0.12

ROCO:3540 vs SNX, ARW, AVT: Cyclically Adjusted FCF per Share Comparison

For the Electronics & Computer Distribution subindustry, Thermaltake 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.


Thermaltake Technology Co Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


ROCO:3540
57GF Score
Thermaltake Technology Co Ltd ROCO:3540
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thermaltake 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, Thermaltake Technology 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)
=-1.429/324.0540*324.0540
=-1.429

Current CPI (Dec. 2025) = 324.0540.

Thermaltake Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.118 238.132 0.161
201606 -0.205 241.018 -0.276
201609 0.347 241.428 0.466
201612 0.912 241.432 1.224
201703 -0.305 243.801 -0.405
201706 0.651 244.955 0.861
201709 1.436 246.819 1.885
201712 2.082 246.524 2.737
201803 -0.451 249.554 -0.586
201806 -0.793 251.989 -1.020
201809 -0.659 252.439 -0.846
201812 -1.437 251.233 -1.854
201903 -1.350 254.202 -1.721
201906 1.065 256.143 1.347
201909 -0.773 256.759 -0.976
201912 0.871 256.974 1.098
202003 0.440 258.115 0.552
202006 4.612 257.797 5.797
202009 2.780 260.280 3.461
202012 2.388 260.474 2.971
202103 -0.972 264.877 -1.189
202106 2.011 271.696 2.399
202109 -8.103 274.310 -9.572
202112 0.254 278.802 0.295
202203 -1.053 287.504 -1.187
202206 -1.497 296.311 -1.637
202209 0.065 296.808 0.071
202212 3.231 296.797 3.528
202303 3.998 301.836 4.292
202306 2.318 305.109 2.462
202309 -4.417 307.789 -4.650
202312 -3.219 306.746 -3.401
202403 -2.253 312.332 -2.338
202406 -2.074 314.175 -2.139
202409 -0.028 315.301 -0.029
202412 -0.496 315.605 -0.509
202503 2.911 319.799 2.950
202506 0.777 322.561 0.781
202509 -2.384 324.800 -2.379
202512 -1.429 324.054 -1.429

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$0.12 mean?
Thermaltake Technology Co (ROCO:3540) has a Cyclically Adjusted FCF per Share of NT$0.12 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 Thermaltake Technology Co and its competitors.
Is Thermaltake Technology Co's Cyclically Adjusted FCF per Share too high?
Thermaltake Technology Co's current Cyclically Adjusted FCF per Share is NT$0.12. Overall, Thermaltake Technology Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermaltake Technology Co's Cyclically Adjusted FCF per Share compare to SNX and ARW?
Thermaltake Technology Co's Cyclically Adjusted FCF per Share of NT$0.12 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 Thermaltake Technology Co and its competitors. Thermaltake Technology Co's current Cyclically Adjusted FCF per Share is NT$0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermaltake Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Thermaltake Technology Co (ROCO:3540) is currently considered Possible Value Trap. The stock's GF Value™ is NT$51.09, compared to a current price of NT$19.35 — trading 62.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$0.12. Thermaltake Technology Co's overall GF Score™ is 57/100 with 7 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 Thermaltake Technology Co (ROCO:3540), the current Cyclically Adjusted FCF per Share is NT$0.12 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 Thermaltake Technology Co (ROCO:3540) Overvalued in 2026?

Based on GuruFocus' analysis, Thermaltake Technology Co stock appears to be undervalued. The current stock price of NT$19.35 is trading 62.1% below its estimated GF Value™ of NT$51.09. GuruFocus considers Thermaltake Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3540:

  • Cyclically Adjusted FCF per Share: NT$0.12
  • GF Value™: NT$51.09 vs. price of NT$19.35 (62.1% below fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the ROCO:3540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thermaltake Technology Co Business Description

Address Tiding boulevard, 5th Floor, No. 185, Section 2, Neihu District, New Taipei City, TWN, 114
Thermaltake Technology Co Ltd currently engages in the wholesale of electronic materials, office machinery, and equipment, the design and trading of computers, and peripheral equipment. Geographically, the company has a presence in America, Asia, Europe, and other regions.
57GF Score

Get the complete analysis for ROCO:3540

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

NT$19.35
Price
NT$51.09
GF Value