Taiwan Alpha Electronics Co (ROCO:6204) Cyclically Adjusted FCF per Share: NT$2.51 (As of Jun. 2026)

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ROCO:6204 Taiwan Alpha Electronics Co Ltd ROCO:6204
74 GF Score
Price NT$91.60
GF Value NT$78.02
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Taiwan Alpha Electronics Co Cyclically Adjusted FCF per Share?

Taiwan Alpha Electronics Co ROCO:6204 +3.50% 74 Cyclically Adjusted FCF per Share is NT$2.51 as of Jun. 2026. GuruFocus rates ROCO:6204 with a GF Score™ of 74/100 and a GF Value™ of NT$78.02 (Modestly Overvalued). The stock has 1 warning sign 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.

Taiwan Alpha Electronics Co's adjusted free cash flow per share for the three months ended in Jun. 2026 was NT$0.034. 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$2.51 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Taiwan Alpha Electronics Co's average Cyclically Adjusted FCF Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.30% 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 Taiwan Alpha Electronics Co was -3.70% per year. The lowest was -7.90% per year. And the median was -4.40% per year.

As of today (2026-09-05), Taiwan Alpha Electronics Co's current stock price is NT$91.60. Taiwan Alpha Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was NT$2.51. Taiwan Alpha Electronics Co's Cyclically Adjusted Price-to-FCF of today is 36.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Taiwan Alpha Electronics Co was 62.95. The lowest was 5.56. And the median was 25.04.


Taiwan Alpha Electronics Co  (ROCO:6204) 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.

Taiwan Alpha Electronics Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=91.60/2.51
=36.49

* 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 Taiwan Alpha Electronics Co was 62.95. The lowest was 5.56. And the median was 25.04.


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.


Taiwan Alpha Electronics Co Cyclically Adjusted FCF per Share Related Terms


Taiwan Alpha Electronics Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Taiwan Alpha Electronics 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.

Taiwan Alpha Electronics Co Cyclically Adjusted FCF per Share Chart

Taiwan Alpha Electronics Co 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 3.19 2.84 2.51 2.49 2.54

Taiwan Alpha Electronics Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.55 2.50 2.54 2.54 2.51

ROCO:6204 vs APH, GLW, TEL: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, Taiwan Alpha Electronics 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.


Taiwan Alpha Electronics Co Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

* The bar in red indicates where Taiwan Alpha Electronics Co's Cyclically Adjusted Price-to-FCF falls into.


ROCO:6204
74GF Score
Taiwan Alpha Electronics Co Ltd ROCO:6204
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Alpha Electronics 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, Taiwan Alpha Electronics Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.034/333.9520*333.9520
=0.034

Current CPI (Jun. 2026) = 333.9520.

Taiwan Alpha Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.623 241.428 0.862
201612 1.232 241.432 1.704
201703 0.971 243.801 1.330
201706 0.464 244.955 0.633
201709 0.608 246.819 0.823
201712 1.189 246.524 1.611
201803 0.369 249.554 0.494
201806 0.046 251.989 0.061
201809 1.113 252.439 1.472
201812 0.791 251.233 1.051
201903 0.481 254.202 0.632
201906 -0.522 256.143 -0.681
201909 0.523 256.759 0.680
201912 1.494 256.974 1.942
202003 0.760 258.115 0.983
202006 -0.213 257.797 -0.276
202009 1.658 260.280 2.127
202012 1.079 260.474 1.383
202103 0.265 264.877 0.334
202106 0.622 271.696 0.765
202109 0.042 274.310 0.051
202112 1.555 278.802 1.863
202203 0.912 287.504 1.059
202206 -1.708 296.311 -1.925
202209 0.751 296.808 0.845
202212 0.117 296.797 0.132
202303 -0.252 301.836 -0.279
202306 0.180 305.109 0.197
202309 0.390 307.789 0.423
202312 0.765 306.746 0.833
202403 0.865 312.332 0.925
202406 -0.557 314.175 -0.592
202409 0.867 315.301 0.918
202412 0.646 315.605 0.684
202503 0.267 319.799 0.279
202506 -0.020 322.561 -0.021
202509 0.450 324.800 0.463
202512 0.830 324.054 0.855
202603 0.372 330.213 0.376
202606 0.034 333.952 0.034

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$2.51 mean?
Taiwan Alpha Electronics Co (ROCO:6204) has a Cyclically Adjusted FCF per Share of NT$2.51 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Taiwan Alpha Electronics Co and its competitors.
Is Taiwan Alpha Electronics Co's Cyclically Adjusted FCF per Share too high?
Taiwan Alpha Electronics Co's current Cyclically Adjusted FCF per Share is NT$2.51. Overall, Taiwan Alpha Electronics Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Alpha Electronics Co's Cyclically Adjusted FCF per Share compare to APH and GLW?
Taiwan Alpha Electronics Co's Cyclically Adjusted FCF per Share of NT$2.51 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 Taiwan Alpha Electronics Co and its competitors. Taiwan Alpha Electronics Co's current Cyclically Adjusted FCF per Share is NT$2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Alpha Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Alpha Electronics Co (ROCO:6204) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$78.02, compared to a current price of NT$91.60 — trading 17.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$2.51. Taiwan Alpha Electronics Co's overall GF Score™ is 74/100 with 1 warning sign 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 Taiwan Alpha Electronics Co (ROCO:6204), the current Cyclically Adjusted FCF per Share is NT$2.51 as of Jun. 2026. 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 Taiwan Alpha Electronics Co (ROCO:6204) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Alpha Electronics Co stock appears to be overvalued. The current stock price of NT$91.60 is trading 17.4% above its estimated GF Value™ of NT$78.02. GuruFocus considers Taiwan Alpha Electronics Co to be Modestly Overvalued.

Key valuation signals for ROCO:6204:

  • Cyclically Adjusted FCF per Share: NT$2.51
  • GF Value™: NT$78.02 vs. price of NT$91.60 (17.4% above fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the ROCO:6204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Alpha Electronics Co Business Description

Address No. 1221, 1223, Zhongzheng Road, 9th Floor, Taoyuan, TWN
Taiwan Alpha Electronics Co Ltd is engaged in the e manufacturing, processing, and trading of variable resistors and switching silicon rectifiers, as well as the export of raw materials and products related to the preceding paragraph. operations and investments. Its products include potentiometers, switches, jacks, and encoders.
74GF Score

Get the complete analysis for ROCO:6204

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

NT$91.60
Price
NT$78.02
GF Value