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Godex International Co (ROCO:4987) Cyclically Adjusted FCF per Share : NT$4.75 (As of Mar. 2024)


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What is Godex International 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.

Godex International Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.774. 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$4.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Godex International Co's average Cyclically Adjusted FCF Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.10% 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 Godex International Co was 11.10% per year. The lowest was 8.60% per year. And the median was 9.85% per year.

As of today (2024-06-08), Godex International Co's current stock price is NT$61.50. Godex International Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.75. Godex International Co's Cyclically Adjusted Price-to-FCF of today is 12.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Godex International Co was 17.65. The lowest was 11.08. And the median was 13.80.


Godex International Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Godex International 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.

Godex International Co Cyclically Adjusted FCF per Share Chart

Godex International 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 2.95 3.44 3.05 3.78 4.72

Godex International 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 4.54 4.40 4.48 4.72 4.75

Competitive Comparison of Godex International Co's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Godex International 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.


Godex International Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Godex International 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, Godex International 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)
=0.774/131.7762*131.7762
=0.774

Current CPI (Mar. 2024) = 131.7762.

Godex International Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.397 100.560 1.831
201409 -1.077 100.428 -1.413
201412 3.509 99.070 4.667
201503 1.427 99.621 1.888
201506 0.383 100.684 0.501
201509 -0.911 100.392 -1.196
201512 3.259 99.792 4.304
201603 1.037 100.470 1.360
201606 1.494 101.688 1.936
201609 0.357 101.861 0.462
201612 1.463 101.863 1.893
201703 0.269 102.862 0.345
201706 -0.161 103.349 -0.205
201709 -0.481 104.136 -0.609
201712 3.028 104.011 3.836
201803 -0.545 105.290 -0.682
201806 1.901 106.317 2.356
201809 -0.965 106.507 -1.194
201812 3.971 105.998 4.937
201903 -0.113 107.251 -0.139
201906 0.938 108.070 1.144
201909 0.296 108.329 0.360
201912 -0.376 108.420 -0.457
202003 1.151 108.902 1.393
202006 2.154 108.767 2.610
202009 1.467 109.815 1.760
202012 2.735 109.897 3.280
202103 -1.538 111.754 -1.814
202106 0.292 114.631 0.336
202109 0.663 115.734 0.755
202112 1.370 117.630 1.535
202203 0.313 121.301 0.340
202206 0.697 125.017 0.735
202209 0.818 125.227 0.861
202212 1.706 125.222 1.795
202303 1.320 127.348 1.366
202306 -0.082 128.729 -0.084
202309 2.002 129.860 2.032
202312 3.855 129.419 3.925
202403 0.774 131.776 0.774

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


Godex International Co  (ROCO:4987) 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.

Godex International Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=61.50/4.75
=12.95

* 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 Godex International Co was 17.65. The lowest was 11.08. And the median was 13.80.


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.


Godex International Co Cyclically Adjusted FCF per Share Related Terms

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


Godex International Co (ROCO:4987) Business Description

Industry
Traded in Other Exchanges
N/A
Address
13F., No.168, Jiankang Road, Zhonghe District, New Taipei City, TWN
Godex International Co Ltd operates as an engineering company that designs and manufactures barcode printing products. The company produces industrial printers, desktop printers, mobile printers, scanners, accessories, and ribbons. Its products are applied in telecommunication, financial services, energy, education, construction, and others.

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