GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cayenne Entertainment Technology Co Ltd (ROCO:4946) » Definitions » Cyclically Adjusted FCF per Share

Cayenne Entertainment Technology Co (ROCO:4946) Cyclically Adjusted FCF per Share : NT$-6.09 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Cayenne Entertainment Technology 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.

Cayenne Entertainment Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-2.501. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-6.09 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -10.10% 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 Cayenne Entertainment Technology Co was -10.10% per year. The lowest was -15.90% per year. And the median was -13.00% per year.

As of today (2024-06-23), Cayenne Entertainment Technology Co's current stock price is NT$42.00. Cayenne Entertainment Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-6.09. Cayenne Entertainment Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Cayenne Entertainment Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cayenne Entertainment 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.

* Premium members only.

Cayenne Entertainment Technology Co Cyclically Adjusted FCF per Share Chart

Cayenne Entertainment Technology 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 -4.54 -4.60 -7.06 -7.07 -6.14

Cayenne Entertainment Technology 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 -6.60 -6.70 -6.08 -6.14 -6.09

Competitive Comparison of Cayenne Entertainment Technology Co's Cyclically Adjusted FCF per Share

For the Electronic Gaming & Multimedia subindustry, Cayenne Entertainment 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.


Cayenne Entertainment Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cayenne Entertainment Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cayenne Entertainment 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, Cayenne Entertainment Technology 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)
=-2.501/131.7762*131.7762
=-2.501

Current CPI (Mar. 2024) = 131.7762.

Cayenne Entertainment Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.808 100.560 -1.059
201409 -6.972 100.428 -9.148
201412 -2.833 99.070 -3.768
201503 -2.293 99.621 -3.033
201506 0.385 100.684 0.504
201509 -2.577 100.392 -3.383
201512 -1.166 99.792 -1.540
201603 0.069 100.470 0.090
201606 -0.054 101.688 -0.070
201609 -0.023 101.861 -0.030
201612 3.253 101.863 4.208
201703 0.870 102.862 1.115
201706 1.010 103.349 1.288
201709 -1.317 104.136 -1.667
201712 0.185 104.011 0.234
201803 -1.219 105.290 -1.526
201806 -2.910 106.317 -3.607
201809 -2.729 106.507 -3.376
201812 -1.141 105.998 -1.418
201903 0.467 107.251 0.574
201906 -2.112 108.070 -2.575
201909 -1.998 108.329 -2.430
201912 -1.863 108.420 -2.264
202003 -2.507 108.902 -3.034
202006 -5.197 108.767 -6.296
202009 -2.351 109.815 -2.821
202012 0.949 109.897 1.138
202103 2.240 111.754 2.641
202106 -2.875 114.631 -3.305
202109 -1.021 115.734 -1.163
202112 0.643 117.630 0.720
202203 -0.413 121.301 -0.449
202206 -0.077 125.017 -0.081
202209 -2.470 125.227 -2.599
202212 -1.401 125.222 -1.474
202303 -2.340 127.348 -2.421
202306 -0.746 128.729 -0.764
202309 -2.804 129.860 -2.845
202312 -2.717 129.419 -2.766
202403 -2.501 131.776 -2.501

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


Cayenne Entertainment Technology Co  (ROCO:4946) 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.


Cayenne Entertainment Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Cayenne Entertainment Technology Co (ROCO:4946) Business Description

Traded in Other Exchanges
N/A
Address
Lane 583, Ruiguang Road, 3rd Floor, No. 31, Neihu District, Taipei, TWN
Cayenne Entertainment Technology Co Ltd is a provider of online casual games in Taiwan. It offers online air combat games, action games, shooting games, fighting games, basketball and baseball games, racing games, and dating games.

Cayenne Entertainment Technology Co (ROCO:4946) Headlines

No Headlines