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Hyweb Technology Co (ROCO:5212) Cyclically Adjusted FCF per Share : NT$3.01 (As of Mar. 2024)


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What is Hyweb 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.

Hyweb Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.448. 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$3.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hyweb Technology Co's average Cyclically Adjusted FCF Growth Rate was 37.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 28.00% 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 Hyweb Technology Co was 30.50% per year. The lowest was 28.00% per year. And the median was 29.25% per year.

As of today (2024-06-20), Hyweb Technology Co's current stock price is NT$60.10. Hyweb Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.01. Hyweb Technology Co's Cyclically Adjusted Price-to-FCF of today is 19.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hyweb Technology Co was 71.33. The lowest was 15.52. And the median was 25.97.


Hyweb Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hyweb 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.

Hyweb Technology Co Cyclically Adjusted FCF per Share Chart

Hyweb 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 0.94 1.51 1.97 2.09 3.17

Hyweb 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 2.19 2.67 2.89 3.17 3.01

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

For the Software - Infrastructure subindustry, Hyweb 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.


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

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

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



Hyweb 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, Hyweb 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)
=-0.448/131.7762*131.7762
=-0.448

Current CPI (Mar. 2024) = 131.7762.

Hyweb Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.320 100.560 -1.730
201409 -0.108 100.428 -0.142
201412 2.102 99.070 2.796
201503 0.257 99.621 0.340
201506 -1.368 100.684 -1.790
201509 0.274 100.392 0.360
201512 2.004 99.792 2.646
201603 0.682 100.470 0.895
201606 -0.981 101.688 -1.271
201609 -0.049 101.861 -0.063
201612 2.429 101.863 3.142
201703 -0.308 102.862 -0.395
201706 -1.576 103.349 -2.009
201709 0.214 104.136 0.271
201712 1.810 104.011 2.293
201803 -0.309 105.290 -0.387
201806 -1.445 106.317 -1.791
201809 1.290 106.507 1.596
201812 2.291 105.998 2.848
201903 1.100 107.251 1.352
201906 -0.883 108.070 -1.077
201909 -0.080 108.329 -0.097
201912 4.366 108.420 5.307
202003 -0.150 108.902 -0.182
202006 -0.331 108.767 -0.401
202009 2.951 109.815 3.541
202012 2.634 109.897 3.158
202103 -0.398 111.754 -0.469
202106 -1.854 114.631 -2.131
202109 2.238 115.734 2.548
202112 2.729 117.630 3.057
202203 0.011 121.301 0.012
202206 -1.250 125.017 -1.318
202209 0.616 125.227 0.648
202212 2.681 125.222 2.821
202303 0.133 127.348 0.138
202306 -0.048 128.729 -0.049
202309 2.186 129.860 2.218
202312 3.749 129.419 3.817
202403 -0.448 131.776 -0.448

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


Hyweb Technology Co  (ROCO:5212) 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.

Hyweb Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=60.10/3.01
=19.97

* 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 Hyweb Technology Co was 71.33. The lowest was 15.52. And the median was 25.97.


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.


Hyweb Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Hyweb Technology Co (ROCO:5212) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 8 Taiyuan 1st Street, 5th Floor, Room No. 6, Zhubei City, Hsinchu, TWN
Hyweb Technology Co Ltd provides content and knowledge management systems, e-commerce and consumer finance software technology. The Company specializes in wholesale, retail, and service of information software and manufacturing of information storage and processing equipment. It offers search engine systems, electronic payment systems, prepaid card, and credit card payment systems and others.

Hyweb Technology Co (ROCO:5212) Headlines

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