Ledlink Optics (ROCO:5230) Cyclically Adjusted FCF per Share: NT$2.04 (As of Dec. 2025)

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ROCO:5230 Ledlink Optics Inc ROCO:5230
68 GF Score
Price NT$17.35
GF Value NT$20.28
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Ledlink Optics Cyclically Adjusted FCF per Share?

Ledlink Optics ROCO:5230 +2.97% 68 Cyclically Adjusted FCF per Share is NT$2.04 as of Dec. 2025. GuruFocus rates ROCO:5230 with a GF Score™ of 68/100 and a GF Value™ of NT$20.28 (Modestly Undervalued). The stock has 8 warning signs investors should review.

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.

Ledlink Optics's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$-0.241. 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$2.04 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ledlink Optics's average Cyclically Adjusted FCF Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.50% 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 Ledlink Optics was 94.20% per year. The lowest was 35.50% per year. And the median was 64.85% per year.

As of today (2026-07-31), Ledlink Optics's current stock price is NT$17.35. Ledlink Optics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$2.04. Ledlink Optics's Cyclically Adjusted Price-to-FCF of today is 8.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ledlink Optics was 1056.67. The lowest was 6.80. And the median was 16.78.


Ledlink Optics  (ROCO:5230) 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.

Ledlink Optics's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.35/2.04
=8.50

* 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 Ledlink Optics was 1056.67. The lowest was 6.80. And the median was 16.78.


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.


Ledlink Optics Cyclically Adjusted FCF per Share Related Terms


Ledlink Optics Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ledlink Optics'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.

Ledlink Optics Cyclically Adjusted FCF per Share Chart

Ledlink Optics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.82 1.83 1.83 2.04

Ledlink Optics Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.83 2.04 2.09 2.25 2.04

ROCO:5230 vs APH, GLW, TEL: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, Ledlink Optics'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.


Ledlink Optics Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


ROCO:5230
68GF Score
Ledlink Optics Inc ROCO:5230
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ledlink Optics 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, Ledlink Optics's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.241/324.0540*324.0540
=-0.241

Current CPI (Dec. 2025) = 324.0540.

Ledlink Optics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.504 238.132 0.686
201606 0.931 241.018 1.252
201609 1.173 241.428 1.574
201612 1.196 241.432 1.605
201703 1.058 243.801 1.406
201706 1.105 244.955 1.462
201709 1.535 246.819 2.015
201712 1.923 246.524 2.528
201803 0.598 249.554 0.777
201806 0.734 251.989 0.944
201809 0.711 252.439 0.913
201812 0.982 251.233 1.267
201903 0.726 254.202 0.925
201906 0.036 256.143 0.046
201909 0.986 256.759 1.244
201912 1.892 256.974 2.386
202003 0.877 258.115 1.101
202006 0.849 257.797 1.067
202009 1.648 260.280 2.052
202012 0.081 260.474 0.101
202103 0.029 264.877 0.035
202106 -1.456 271.696 -1.737
202109 -0.917 274.310 -1.083
202112 -0.900 278.802 -1.046
202203 -1.443 287.504 -1.626
202206 0.405 296.311 0.443
202209 -1.104 296.808 -1.205
202212 -0.141 296.797 -0.154
202303 -0.268 301.836 -0.288
202306 1.021 305.109 1.084
202309 -1.149 307.789 -1.210
202312 -0.158 306.746 -0.167
202403 0.146 312.332 0.151
202406 -0.395 314.175 -0.407
202409 1.017 315.301 1.045
202412 0.082 315.605 0.084
202503 1.179 319.799 1.195
202506 -0.122 322.561 -0.123
202509 0.342 324.800 0.341
202512 -0.241 324.054 -0.241

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

What does a Cyclically Adjusted FCF per Share of NT$2.04 mean?
Ledlink Optics (ROCO:5230) has a Cyclically Adjusted FCF per Share of NT$2.04 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Ledlink Optics and its competitors.
Is Ledlink Optics' Cyclically Adjusted FCF per Share too high?
Ledlink Optics' current Cyclically Adjusted FCF per Share is NT$2.04. Overall, Ledlink Optics has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ledlink Optics' Cyclically Adjusted FCF per Share compare to APH and GLW?
Ledlink Optics' Cyclically Adjusted FCF per Share of NT$2.04 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Ledlink Optics and its competitors. Ledlink Optics's current Cyclically Adjusted FCF per Share is NT$2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledlink Optics stock overvalued right now?
Based on GuruFocus' analysis, Ledlink Optics (ROCO:5230) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.28, compared to a current price of NT$17.35 — trading 14.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$2.04. Ledlink Optics' overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Ledlink Optics (ROCO:5230), the current Cyclically Adjusted FCF per Share is NT$2.04 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ledlink Optics (ROCO:5230) Overvalued in 2026?

Based on GuruFocus' analysis, Ledlink Optics stock appears to be undervalued. The current stock price of NT$17.35 is trading 14.4% below its estimated GF Value™ of NT$20.28. GuruFocus considers Ledlink Optics to be Modestly Undervalued.

Key valuation signals for ROCO:5230:

  • Cyclically Adjusted FCF per Share: NT$2.04
  • GF Value™: NT$20.28 vs. price of NT$17.35 (14.4% below fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the ROCO:5230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ledlink Optics Business Description

Address No. 655, Bannan Road, 15th Floor, Zhonghe District, New Taipei City, TWN
Ledlink Optics Inc is engaged in designing and manufacturing optics for emerging solid-state lighting companies such as Cree, Edison, Nichia, Osram, Lumileds, Samsung, Seoul, and other LED manufacturers. It offers lenses in a variety of packages with numerous beam pattern options and sizes, such as residential lighting, commercial lighting, street lighting, and architectural lighting.
68GF Score

Get the complete analysis for ROCO:5230

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$17.35
Price
NT$20.28
GF Value