UBright Optronics (ROCO:4933) Cyclically Adjusted FCF per Share: NT$5.81 (As of Mar. 2026)

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ROCO:4933 UBright Optronics Corp ROCO:4933
81 GF Score
Price NT$52.20
GF Value NT$72.79
Valuation Modestly Undervalued
! 2 Warning Signs
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What is UBright Optronics Cyclically Adjusted FCF per Share?

UBright Optronics ROCO:4933 +0.97% 81 Cyclically Adjusted FCF per Share is NT$5.81 as of Mar. 2026. GuruFocus rates ROCO:4933 with a GF Score™ of 81/100 and a GF Value™ of NT$72.79 (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.

UBright Optronics's adjusted free cash flow per share for the three months ended in Mar. 2026 was NT$1.460. 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$5.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, UBright Optronics's average Cyclically Adjusted FCF Growth Rate was -1.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.50% 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 UBright Optronics was 9.60% per year. The lowest was 5.60% per year. And the median was 7.30% per year.

As of today (2026-07-31), UBright Optronics's current stock price is NT$52.20. UBright Optronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was NT$5.81. UBright Optronics's Cyclically Adjusted Price-to-FCF of today is 8.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of UBright Optronics was 15.33. The lowest was 4.81. And the median was 8.96.


UBright Optronics  (ROCO:4933) 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.

UBright Optronics's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=52.20/5.81
=8.98

* 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 UBright Optronics was 15.33. The lowest was 4.81. And the median was 8.96.


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.


UBright Optronics Cyclically Adjusted FCF per Share Related Terms


UBright Optronics Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for UBright Optronics'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.

UBright Optronics Cyclically Adjusted FCF per Share Chart

UBright Optronics 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 4.58 4.72 4.76 5.48 6.01

UBright Optronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.92 5.93 5.94 6.01 5.81

ROCO:4933 vs APH, GLW, TEL: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, UBright Optronics'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.


UBright Optronics Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


ROCO:4933
81GF Score
UBright Optronics Corp ROCO:4933
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UBright Optronics 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, UBright Optronics's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.46/330.2130*330.2130
=1.460

Current CPI (Mar. 2026) = 330.2130.

UBright Optronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 1.892 241.018 2.592
201609 -0.273 241.428 -0.373
201612 -0.045 241.432 -0.062
201703 2.537 243.801 3.436
201706 1.207 244.955 1.627
201709 0.267 246.819 0.357
201712 0.086 246.524 0.115
201803 1.716 249.554 2.271
201806 0.806 251.989 1.056
201809 2.085 252.439 2.727
201812 1.988 251.233 2.613
201903 1.575 254.202 2.046
201906 2.196 256.143 2.831
201909 0.680 256.759 0.875
201912 1.664 256.974 2.138
202003 -1.562 258.115 -1.998
202006 0.214 257.797 0.274
202009 2.934 260.280 3.722
202012 1.949 260.474 2.471
202103 0.749 264.877 0.934
202106 1.226 271.696 1.490
202109 0.742 274.310 0.893
202112 1.712 278.802 2.028
202203 1.651 287.504 1.896
202206 -0.057 296.311 -0.064
202209 0.119 296.808 0.132
202212 2.814 296.797 3.131
202303 1.976 301.836 2.162
202306 0.222 305.109 0.240
202309 1.035 307.789 1.110
202312 1.830 306.746 1.970
202403 0.448 312.332 0.474
202406 2.191 314.175 2.303
202409 0.577 315.301 0.604
202412 2.227 315.605 2.330
202503 1.594 319.799 1.646
202506 0.478 322.561 0.489
202509 1.806 324.800 1.836
202512 2.250 324.054 2.293
202603 1.460 330.213 1.460

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$5.81 mean?
UBright Optronics (ROCO:4933) has a Cyclically Adjusted FCF per Share of NT$5.81 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on UBright Optronics and its competitors.
Is UBright Optronics' Cyclically Adjusted FCF per Share too high?
UBright Optronics' current Cyclically Adjusted FCF per Share is NT$5.81. Overall, UBright Optronics has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UBright Optronics' Cyclically Adjusted FCF per Share compare to APH and GLW?
UBright Optronics' Cyclically Adjusted FCF per Share of NT$5.81 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 UBright Optronics and its competitors. UBright Optronics's current Cyclically Adjusted FCF per Share is NT$5.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UBright Optronics stock overvalued right now?
Based on GuruFocus' analysis, UBright Optronics (ROCO:4933) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$72.79, compared to a current price of NT$52.20 — trading 28.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$5.81. UBright Optronics' overall GF Score™ is 81/100 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 UBright Optronics (ROCO:4933), the current Cyclically Adjusted FCF per Share is NT$5.81 as of Mar. 2026. 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 UBright Optronics (ROCO:4933) Overvalued in 2026?

Based on GuruFocus' analysis, UBright Optronics stock appears to be undervalued. The current stock price of NT$52.20 is trading 28.3% below its estimated GF Value™ of NT$72.79. GuruFocus considers UBright Optronics to be Modestly Undervalued.

Key valuation signals for ROCO:4933:

  • Cyclically Adjusted FCF per Share: NT$5.81
  • GF Value™: NT$72.79 vs. price of NT$52.20 (28.3% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the ROCO:4933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UBright Optronics Business Description

Address No. 80, Xinguang East Road, Renshanli Village, Daxi District, Taoyuan, TWN
UBright Optronics Corp is a Taiwan-based company mainly engaged in the manufacture and sale of precision chemical materials and wholesale of molds. The company's revenue from continuing operations is derived from sales of its single product: Brightness Enhancement Film.
81GF Score

Get the complete analysis for ROCO:4933

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

NT$52.20
Price
NT$72.79
GF Value