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Sirtec International Co (ROCO:5356) Cyclically Adjusted FCF per Share : NT$4.67 (As of Mar. 2024)


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What is Sirtec 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.

Sirtec International Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.447. 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$4.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sirtec International Co's average Cyclically Adjusted FCF Growth Rate was -6.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.80% 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 Sirtec International Co was -3.00% per year. The lowest was -8.20% per year. And the median was -3.60% per year.

As of today (2024-06-09), Sirtec International Co's current stock price is NT$39.95. Sirtec International Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.67. Sirtec International Co's Cyclically Adjusted Price-to-FCF of today is 8.55.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sirtec International Co was 8.45. The lowest was 3.23. And the median was 4.51.


Sirtec International Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sirtec 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.

Sirtec International Co Cyclically Adjusted FCF per Share Chart

Sirtec 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 6.40 6.14 5.63 5.73 4.75

Sirtec 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 4.99 5.18 5.00 4.75 4.67

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

For the Electronic Components subindustry, Sirtec 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.


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

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

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



Sirtec 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, Sirtec 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)
=-0.447/131.7762*131.7762
=-0.447

Current CPI (Mar. 2024) = 131.7762.

Sirtec International Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.976 100.560 3.900
201409 -2.612 100.428 -3.427
201412 12.766 99.070 16.981
201503 -2.950 99.621 -3.902
201506 2.701 100.684 3.535
201509 -2.701 100.392 -3.545
201512 9.372 99.792 12.376
201603 -2.718 100.470 -3.565
201606 -0.010 101.688 -0.013
201609 1.599 101.861 2.069
201612 -0.236 101.863 -0.305
201703 7.267 102.862 9.310
201706 -0.091 103.349 -0.116
201709 0.202 104.136 0.256
201712 2.357 104.011 2.986
201803 3.048 105.290 3.815
201806 1.178 106.317 1.460
201809 1.969 106.507 2.436
201812 -0.977 105.998 -1.215
201903 4.930 107.251 6.057
201906 1.533 108.070 1.869
201909 0.434 108.329 0.528
201912 0.270 108.420 0.328
202003 1.518 108.902 1.837
202006 0.114 108.767 0.138
202009 0.331 109.815 0.397
202012 -0.379 109.897 -0.454
202103 -1.063 111.754 -1.253
202106 -0.799 114.631 -0.919
202109 -1.427 115.734 -1.625
202112 -0.573 117.630 -0.642
202203 -0.645 121.301 -0.701
202206 -0.435 125.017 -0.459
202209 0.291 125.227 0.306
202212 -1.001 125.222 -1.053
202303 0.376 127.348 0.389
202306 -0.288 128.729 -0.295
202309 0.133 129.860 0.135
202312 -0.428 129.419 -0.436
202403 -0.447 131.776 -0.447

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


Sirtec International Co  (ROCO:5356) 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.

Sirtec 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
=39.95/4.67
=8.55

* 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 Sirtec International Co was 8.45. The lowest was 3.23. And the median was 4.51.


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.


Sirtec International Co Cyclically Adjusted FCF per Share Related Terms

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


Sirtec International Co (ROCO:5356) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9F. -2 No. 4 Lane 609, Section 5, Chung Hsing Road, San Chung City, Taipei Hsien, TWN, 241
Sirtec International Co Ltd is engaged in an electronic design, mold design and manufacturing. In addition, it is also involved in an electronic product assembly, plastic injection and molding, product processing and manufacturing. The company generates majority of its geographical revenue from China.

Sirtec International Co (ROCO:5356) Headlines

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