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Ablerex Electronics Co (ROCO:3628) Cyclically Adjusted FCF per Share : NT$1.21 (As of Mar. 2024)


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What is Ablerex Electronics 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.

Ablerex Electronics Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.419. 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$1.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ablerex Electronics Co's average Cyclically Adjusted FCF Growth Rate was 40.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -10.60% 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 Ablerex Electronics Co was -10.60% per year. The lowest was -30.70% per year. And the median was -20.65% per year.

As of today (2024-05-16), Ablerex Electronics Co's current stock price is NT$46.00. Ablerex Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.21. Ablerex Electronics Co's Cyclically Adjusted Price-to-FCF of today is 38.02.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ablerex Electronics Co was 166.67. The lowest was 8.99. And the median was 33.72.


Ablerex Electronics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ablerex Electronics 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.

Ablerex Electronics Co Cyclically Adjusted FCF per Share Chart

Ablerex Electronics 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 2.40 1.72 0.88 0.80 1.23

Ablerex Electronics 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 0.86 0.94 0.97 1.23 1.21

Competitive Comparison of Ablerex Electronics Co's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, Ablerex Electronics 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.


Ablerex Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ablerex Electronics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ablerex Electronics 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, Ablerex Electronics 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)
=-0.419/131.7762*131.7762
=-0.419

Current CPI (Mar. 2024) = 131.7762.

Ablerex Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.446 100.560 0.584
201409 -2.084 100.428 -2.735
201412 1.339 99.070 1.781
201503 0.041 99.621 0.054
201506 -0.611 100.684 -0.800
201509 -2.681 100.392 -3.519
201512 5.406 99.792 7.139
201603 -0.841 100.470 -1.103
201606 -1.045 101.688 -1.354
201609 2.129 101.861 2.754
201612 -0.142 101.863 -0.184
201703 0.091 102.862 0.117
201706 -1.109 103.349 -1.414
201709 2.456 104.136 3.108
201712 -0.789 104.011 -1.000
201803 3.700 105.290 4.631
201806 -0.048 106.317 -0.059
201809 -4.047 106.507 -5.007
201812 2.195 105.998 2.729
201903 -0.682 107.251 -0.838
201906 -0.173 108.070 -0.211
201909 1.016 108.329 1.236
201912 0.423 108.420 0.514
202003 1.468 108.902 1.776
202006 -0.920 108.767 -1.115
202009 -0.596 109.815 -0.715
202012 2.235 109.897 2.680
202103 0.281 111.754 0.331
202106 -4.573 114.631 -5.257
202109 -1.332 115.734 -1.517
202112 0.193 117.630 0.216
202203 5.338 121.301 5.799
202206 -4.952 125.017 -5.220
202209 -3.627 125.227 -3.817
202212 5.435 125.222 5.719
202303 1.731 127.348 1.791
202306 1.266 128.729 1.296
202309 0.058 129.860 0.059
202312 4.234 129.419 4.311
202403 -0.419 131.776 -0.419

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


Ablerex Electronics Co  (ROCO:3628) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=46.00/1.21
=38.02

* 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 Ablerex Electronics Co was 166.67. The lowest was 8.99. And the median was 33.72.


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.


Ablerex Electronics Co Cyclically Adjusted FCF per Share Related Terms

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


Ablerex Electronics Co (ROCO:3628) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Lane 7, Baogao Road, 1st Floor, New Taipei, Xindian District, Taipei, TWN, 23144
Ablerex Electronics Co Ltd is engaged in developing power supply products. The company manufactures uninterrupted power supplies, and power quality devices. Its operating segment includes First Business Division; Second Business Division; Technical Services Division and Energy Division. The company generates maximum revenue from the Second Business Division segment. Its Second Business Division segment is responsible for international sales and market promotion of self-manufactured products. Geographically, it derives a majority of revenue from Taiwan. The products of the company include an energy storage system, photovoltaic device, automatic transfer switch, monitoring, and management system, and active power filter.

Ablerex Electronics Co (ROCO:3628) Headlines

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