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Cgs International (ROCO:5310) Cyclically Adjusted FCF per Share : NT$-0.05 (As of Mar. 2024)


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What is Cgs International 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.

Cgs International's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.174. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-0.05 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 54.80% 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 Cgs International was 54.80% per year. The lowest was 17.30% per year. And the median was 36.05% per year.

As of today (2024-06-19), Cgs International's current stock price is NT$38.00. Cgs International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-0.05. Cgs International's Cyclically Adjusted Price-to-FCF of today is .


Cgs International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cgs International'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.

Cgs International Cyclically Adjusted FCF per Share Chart

Cgs International 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 -4.74 -1.30 -1.76 -2.68 -0.12

Cgs International 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 -2.50 -0.13 -0.09 -0.12 -0.05

Competitive Comparison of Cgs International's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Cgs International'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.


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

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

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



Cgs International 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, Cgs International'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)
=-0.174/131.7762*131.7762
=-0.174

Current CPI (Mar. 2024) = 131.7762.

Cgs International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.099 100.560 -1.440
201409 0.372 100.428 0.488
201412 -0.195 99.070 -0.259
201503 -0.310 99.621 -0.410
201506 7.217 100.684 9.446
201509 0.157 100.392 0.206
201512 0.908 99.792 1.199
201603 -3.498 100.470 -4.588
201606 0.901 101.688 1.168
201609 4.576 101.861 5.920
201612 2.885 101.863 3.732
201703 -0.447 102.862 -0.573
201706 -0.250 103.349 -0.319
201709 -1.723 104.136 -2.180
201712 2.613 104.011 3.311
201803 -0.780 105.290 -0.976
201806 -0.403 106.317 -0.500
201809 -2.238 106.507 -2.769
201812 -0.556 105.998 -0.691
201903 -3.573 107.251 -4.390
201906 -0.391 108.070 -0.477
201909 1.406 108.329 1.710
201912 -0.479 108.420 -0.582
202003 -1.481 108.902 -1.792
202006 -0.449 108.767 -0.544
202009 0.607 109.815 0.728
202012 -0.277 109.897 -0.332
202103 -0.131 111.754 -0.154
202106 -0.579 114.631 -0.666
202109 -0.161 115.734 -0.183
202112 -2.881 117.630 -3.227
202203 0.564 121.301 0.613
202206 -0.110 125.017 -0.116
202209 -0.693 125.227 -0.729
202212 -0.114 125.222 -0.120
202303 -0.544 127.348 -0.563
202306 -0.021 128.729 -0.021
202309 -0.192 129.860 -0.195
202312 -0.035 129.419 -0.036
202403 -0.174 131.776 -0.174

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


Cgs International  (ROCO:5310) 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.


Cgs International Cyclically Adjusted FCF per Share Related Terms

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


Cgs International (ROCO:5310) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 81, Chengde Road, 8th Floor, Section 2, Datong District, Taipei, TWN
Cgs International Inc designs, manufactures, and markets computer connection cards as well as computer peripheral equipment. The company also provides system integration and maintenance services. It also sells and develops game software and offers consulting services.

Cgs International (ROCO:5310) Headlines

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