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YUAN High-Tech Development Co (ROCO:5474) Cyclically Adjusted FCF per Share : NT$4.61 (As of Mar. 2024)


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What is YUAN High-Tech Development 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.

YUAN High-Tech Development Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.007. 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$4.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, YUAN High-Tech Development Co's average Cyclically Adjusted FCF Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% 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 YUAN High-Tech Development Co was 9.50% per year. The lowest was 3.00% per year. And the median was 6.25% per year.

As of today (2024-05-22), YUAN High-Tech Development Co's current stock price is NT$127.00. YUAN High-Tech Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.61. YUAN High-Tech Development Co's Cyclically Adjusted Price-to-FCF of today is 27.55.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of YUAN High-Tech Development Co was 64.20. The lowest was 11.50. And the median was 26.66.


YUAN High-Tech Development Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for YUAN High-Tech Development 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.

YUAN High-Tech Development Co Cyclically Adjusted FCF per Share Chart

YUAN High-Tech Development 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 3.95 3.47 3.41 4.31 4.55

YUAN High-Tech Development 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 4.36 4.55 4.40 4.55 4.61

Competitive Comparison of YUAN High-Tech Development Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, YUAN High-Tech Development 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.


YUAN High-Tech Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where YUAN High-Tech Development Co's Cyclically Adjusted Price-to-FCF falls into.



YUAN High-Tech Development 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, YUAN High-Tech Development 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)
=-0.007/131.7762*131.7762
=-0.007

Current CPI (Mar. 2024) = 131.7762.

YUAN High-Tech Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.071 100.560 0.093
201409 1.303 100.428 1.710
201412 2.538 99.070 3.376
201503 0.415 99.621 0.549
201506 0.448 100.684 0.586
201509 1.200 100.392 1.575
201512 2.648 99.792 3.497
201603 0.470 100.470 0.616
201606 0.476 101.688 0.617
201609 -1.848 101.861 -2.391
201612 6.181 101.863 7.996
201703 0.607 102.862 0.778
201706 0.015 103.349 0.019
201709 0.371 104.136 0.469
201712 2.920 104.011 3.699
201803 1.031 105.290 1.290
201806 1.657 106.317 2.054
201809 3.156 106.507 3.905
201812 -0.592 105.998 -0.736
201903 1.919 107.251 2.358
201906 6.193 108.070 7.552
201909 0.042 108.329 0.051
201912 0.324 108.420 0.394
202003 0.653 108.902 0.790
202006 6.922 108.767 8.386
202009 7.030 109.815 8.436
202012 -20.669 109.897 -24.784
202103 -4.108 111.754 -4.844
202106 2.986 114.631 3.433
202109 -2.213 115.734 -2.520
202112 0.854 117.630 0.957
202203 2.875 121.301 3.123
202206 2.964 125.017 3.124
202209 1.826 125.227 1.922
202212 2.086 125.222 2.195
202303 1.122 127.348 1.161
202306 1.879 128.729 1.923
202309 0.461 129.860 0.468
202312 2.277 129.419 2.318
202403 -0.007 131.776 -0.007

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


YUAN High-Tech Development Co  (ROCO:5474) 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.

YUAN High-Tech Development Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=127.00/4.61
=27.55

* 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 YUAN High-Tech Development Co was 64.20. The lowest was 11.50. And the median was 26.66.


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.


YUAN High-Tech Development Co Cyclically Adjusted FCF per Share Related Terms

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


YUAN High-Tech Development Co (ROCO:5474) Business Description

Traded in Other Exchanges
N/A
Address
18F, No.88, Sec.2, Chung Hsiao E.Road, Taipei, TWN, 100
YUAN High-Tech Development Co Ltd manufactures and sells computer multimedia peripherals, and electronic and computer parts, and conducts import and export business for these products. The company also distributes and sells these products on behalf of domestic manufacturers.

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