Onyx Healthcare (ROCO:6569) Cyclically Adjusted FCF per Share: NT$4.50 (As of Dec. 2025)

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ROCO:6569 Onyx Healthcare Inc ROCO:6569
78 GF Score
Price NT$104.00
GF Value NT$120.96
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Onyx Healthcare Cyclically Adjusted FCF per Share?

Onyx Healthcare ROCO:6569 78 Cyclically Adjusted FCF per Share is NT$4.50 as of Dec. 2025. GuruFocus rates ROCO:6569 with a GF Score™ of 78/100 and a GF Value™ of NT$120.96 (Modestly Undervalued). The stock has 7 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.

Onyx Healthcare's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$0.685. 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$4.50 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Onyx Healthcare's average Cyclically Adjusted FCF Growth Rate was 0.90% 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.

As of today (2026-07-28), Onyx Healthcare's current stock price is NT$104.00. Onyx Healthcare's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$4.50. Onyx Healthcare's Cyclically Adjusted Price-to-FCF of today is 23.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Onyx Healthcare was 40.58. The lowest was 20.69. And the median was 25.78.


Onyx Healthcare  (ROCO:6569) 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.

Onyx Healthcare's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=104.00/4.50
=23.11

* 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 Onyx Healthcare was 40.58. The lowest was 20.69. And the median was 25.78.


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.


Onyx Healthcare Cyclically Adjusted FCF per Share Related Terms


Onyx Healthcare Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Onyx Healthcare'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.

Onyx Healthcare Cyclically Adjusted FCF per Share Chart

Onyx Healthcare 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 0.00 0.00 0.00 4.46 4.50

Onyx Healthcare 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 4.46 4.50 4.48 4.55 4.50

ROCO:6569 vs VEEV, BTSG, HQY: Cyclically Adjusted FCF per Share Comparison

For the Health Information Services subindustry, Onyx Healthcare'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.


Onyx Healthcare Cyclically Adjusted Price-to-FCF vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Onyx Healthcare's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ROCO:6569
78GF Score
Onyx Healthcare Inc ROCO:6569
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Onyx Healthcare 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, Onyx Healthcare'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)
=0.685/324.0540*324.0540
=0.685

Current CPI (Dec. 2025) = 324.0540.

Onyx Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 1.873 238.132 2.549
201606 -1.604 241.018 -2.157
201609 3.248 241.428 4.360
201612 1.708 241.432 2.293
201703 0.072 243.801 0.096
201706 1.913 244.955 2.531
201709 0.994 246.819 1.305
201712 -0.092 246.524 -0.121
201803 1.411 249.554 1.832
201806 2.434 251.989 3.130
201809 2.279 252.439 2.926
201812 -1.863 251.233 -2.403
201903 3.940 254.202 5.023
201906 1.516 256.143 1.918
201909 5.403 256.759 6.819
201912 -0.483 256.974 -0.609
202003 -1.345 258.115 -1.689
202006 -0.478 257.797 -0.601
202009 3.307 260.280 4.117
202012 3.413 260.474 4.246
202103 0.141 264.877 0.173
202106 -9.497 271.696 -11.327
202109 0.366 274.310 0.432
202112 1.050 278.802 1.220
202203 1.099 287.504 1.239
202206 1.536 296.311 1.680
202209 1.887 296.808 2.060
202212 -0.592 296.797 -0.646
202303 1.038 301.836 1.114
202306 -0.694 305.109 -0.737
202309 5.663 307.789 5.962
202312 1.264 306.746 1.335
202403 3.175 312.332 3.294
202406 -1.447 314.175 -1.492
202409 -0.246 315.301 -0.253
202412 1.530 315.605 1.571
202503 0.958 319.799 0.971
202506 0.580 322.561 0.583
202509 1.550 324.800 1.546
202512 0.685 324.054 0.685

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$4.50 mean?
Onyx Healthcare (ROCO:6569) has a Cyclically Adjusted FCF per Share of NT$4.50 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 Onyx Healthcare and its competitors.
Is Onyx Healthcare's Cyclically Adjusted FCF per Share too high?
Onyx Healthcare's current Cyclically Adjusted FCF per Share is NT$4.50. Overall, Onyx Healthcare has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onyx Healthcare's Cyclically Adjusted FCF per Share compare to VEEV and BTSG?
Onyx Healthcare's Cyclically Adjusted FCF per Share of NT$4.50 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Cyclically Adjusted FCF per Share depends on the Healthcare Providers & Services 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 Onyx Healthcare and its competitors. Onyx Healthcare's current Cyclically Adjusted FCF per Share is NT$4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onyx Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Onyx Healthcare (ROCO:6569) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$120.96, compared to a current price of NT$104.00 — trading 14% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$4.50. Onyx Healthcare's overall GF Score™ is 78/100 with 7 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 Onyx Healthcare (ROCO:6569), the current Cyclically Adjusted FCF per Share is NT$4.50 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 Onyx Healthcare (ROCO:6569) Overvalued in 2026?

Based on GuruFocus' analysis, Onyx Healthcare stock appears to be undervalued. The current stock price of NT$104.00 is trading 14% below its estimated GF Value™ of NT$120.96. GuruFocus considers Onyx Healthcare to be Modestly Undervalued.

Key valuation signals for ROCO:6569:

  • Cyclically Adjusted FCF per Share: NT$4.50
  • GF Value™: NT$120.96 vs. price of NT$104.00 (14% below fair value)
  • GF Score™: 78/100 with 7 warning signs

No single metric tells the full story. See the ROCO:6569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Onyx Healthcare Business Description

Address No. 135, Lane 235, Baoqiao Road, 4th Floor, Xindian District, New Taipei, TWN, 231028
Onyx Healthcare Inc is engaged in designing, manufacturing, and trading of medical computers and peripherals. The company provides medical products such as AI Ready Medical PC and Tablet, Medical PC & Monitor for Digital OR (ACCEL), Telemedicine, Medical Cart Computer(Venus), Medical Power Panel PC (Mini Venus), Power Bank (UPower), Battery Management System (ORION), Mobile Medical Tablet (MD), Professional Medical All in One PC (ZEUS), etc. It operates in Taiwan, the United States, Europe, and Other countries and generates maximum revenue from Taiwan.
78GF Score

Get the complete analysis for ROCO:6569

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

NT$104.00
Price
NT$120.96
GF Value