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Asia Electronic Material Co (ROCO:4939) Cyclically Adjusted FCF per Share : NT$1.04 (As of Mar. 2025)


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What is Asia Electronic Material 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.

Asia Electronic Material Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was NT$-0.386. 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$1.04 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Asia Electronic Material Co's average Cyclically Adjusted FCF Growth Rate was 31.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.10% 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 Asia Electronic Material Co was 117.20% per year. The lowest was 21.10% per year. And the median was 69.15% per year.

As of today (2025-05-25), Asia Electronic Material Co's current stock price is NT$20.05. Asia Electronic Material Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was NT$1.04. Asia Electronic Material Co's Cyclically Adjusted Price-to-FCF of today is 19.28.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asia Electronic Material Co was 335.63. The lowest was 13.39. And the median was 27.38.


Asia Electronic Material Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Asia Electronic Material 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.

Asia Electronic Material Co Cyclically Adjusted FCF per Share Chart

Asia Electronic Material Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.58 1.12 0.82 1.03

Asia Electronic Material Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.79 0.82 0.72 1.03 1.04

Competitive Comparison of Asia Electronic Material Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Asia Electronic Material 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.


Asia Electronic Material Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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


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Asia Electronic Material 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, Asia Electronic Material Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.386/134.9266*134.9266
=-0.386

Current CPI (Mar. 2025) = 134.9266.

Asia Electronic Material Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.642 100.684 0.860
201509 0.914 100.392 1.228
201512 0.854 99.792 1.155
201603 1.925 100.470 2.585
201606 0.777 101.688 1.031
201609 0.149 101.861 0.197
201612 -0.888 101.863 -1.176
201703 -0.014 102.862 -0.018
201706 -0.162 103.349 -0.211
201709 0.892 104.136 1.156
201712 1.785 104.011 2.316
201803 -0.134 105.290 -0.172
201806 -1.270 106.317 -1.612
201809 1.027 106.507 1.301
201812 -0.350 105.998 -0.446
201903 0.213 107.251 0.268
201906 -1.927 108.070 -2.406
201909 -0.749 108.329 -0.933
201912 1.277 108.420 1.589
202003 0.258 108.902 0.320
202006 0.304 108.767 0.377
202009 -1.147 109.815 -1.409
202012 1.628 109.897 1.999
202103 -1.020 111.754 -1.231
202106 1.083 114.631 1.275
202109 0.697 115.734 0.813
202112 0.579 117.630 0.664
202203 -0.446 121.301 -0.496
202206 -0.207 125.017 -0.223
202209 -0.259 125.227 -0.279
202212 2.341 125.222 2.522
202303 0.008 127.348 0.008
202306 -1.082 128.729 -1.134
202309 -0.526 129.860 -0.547
202312 1.335 129.419 1.392
202403 -0.389 131.776 -0.398
202406 -0.015 132.554 -0.015
202409 -0.311 133.029 -0.315
202412 0.719 133.157 0.729
202503 -0.386 134.927 -0.386

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


Asia Electronic Material Co  (ROCO:4939) 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.

Asia Electronic Material Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.05/1.04
=19.28

* 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 Asia Electronic Material Co was 335.63. The lowest was 13.39. And the median was 27.38.


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.


Asia Electronic Material Co Cyclically Adjusted FCF per Share Related Terms

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


Asia Electronic Material Co Business Description

Traded in Other Exchanges
N/A
Address
Number 18, Lane 676, Jhonghua Road, 4 Floor, Jhubei, TWN, 302
Asia Electronic Material Co Ltd is engaged in manufacture of electronic products and sale of electronic materials.

Asia Electronic Material Co Headlines

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