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Newsoft Technology (ROCO:5202) Cyclically Adjusted FCF per Share : NT$-0.69 (As of Mar. 2024)


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What is Newsoft Technology 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.

Newsoft Technology's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.838. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-0.69 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -25.30% 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 Newsoft Technology was -25.30% per year. The lowest was -64.50% per year. And the median was -44.90% per year.

As of today (2024-06-22), Newsoft Technology's current stock price is NT$21.45. Newsoft Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-0.69. Newsoft Technology's Cyclically Adjusted Price-to-FCF of today is .


Newsoft Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Newsoft Technology'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.

Newsoft Technology Cyclically Adjusted FCF per Share Chart

Newsoft Technology 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 -0.11 -0.32 -0.37 -0.49 -0.63

Newsoft Technology 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 -0.48 -0.43 -0.58 -0.63 -0.69

Competitive Comparison of Newsoft Technology's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Newsoft Technology'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.


Newsoft Technology's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Newsoft Technology 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, Newsoft Technology'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)
=-0.838/131.7762*131.7762
=-0.838

Current CPI (Mar. 2024) = 131.7762.

Newsoft Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.327 100.560 -0.429
201409 0.086 100.428 0.113
201412 0.331 99.070 0.440
201503 -0.298 99.621 -0.394
201506 -0.362 100.684 -0.474
201509 -0.077 100.392 -0.101
201512 0.385 99.792 0.508
201603 0.244 100.470 0.320
201606 -0.076 101.688 -0.098
201609 -0.122 101.861 -0.158
201612 0.139 101.863 0.180
201703 -0.356 102.862 -0.456
201706 -0.063 103.349 -0.080
201709 0.293 104.136 0.371
201712 0.248 104.011 0.314
201803 -0.220 105.290 -0.275
201806 -0.353 106.317 -0.438
201809 -0.180 106.507 -0.223
201812 0.224 105.998 0.278
201903 -0.383 107.251 -0.471
201906 0.154 108.070 0.188
201909 -0.317 108.329 -0.386
201912 0.062 108.420 0.075
202003 -0.525 108.902 -0.635
202006 -0.395 108.767 -0.479
202009 0.091 109.815 0.109
202012 -0.107 109.897 -0.128
202103 -0.448 111.754 -0.528
202106 -0.036 114.631 -0.041
202109 0.094 115.734 0.107
202112 0.967 117.630 1.083
202203 -1.089 121.301 -1.183
202206 -0.214 125.017 -0.226
202209 0.137 125.227 0.144
202212 -1.161 125.222 -1.222
202303 -0.084 127.348 -0.087
202306 -0.075 128.729 -0.077
202309 -1.254 129.860 -1.273
202312 -0.394 129.419 -0.401
202403 -0.838 131.776 -0.838

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


Newsoft Technology  (ROCO:5202) 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.


Newsoft Technology Cyclically Adjusted FCF per Share Related Terms

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


Newsoft Technology (ROCO:5202) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Xinhu 1st Road, 6th Floor Number 15, Lane 128, Neihu District, Taipei, TWN, 114
Newsoft Technology Corp manufactures, and markets software such as images, video, text recognition, international connectivity and galleries. The principal activities of The Company are trading in computer CPU and peripherals, research and development, sales and trading of communications network equipment, information software services and research, design, manufacture and trading of software relating to the aforementioned computer peripherals.

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