Luminescence Technology (ROCO:6729) Cyclically Adjusted FCF per Share: NT$0.02 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6729 Luminescence Technology Corp ROCO:6729
76 GF Score
Price NT$40.10
GF Value NT$24.74
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Luminescence Technology Cyclically Adjusted FCF per Share?

Luminescence Technology ROCO:6729 +1.52% 76 Cyclically Adjusted FCF per Share is NT$0.02 as of Dec. 2025. GuruFocus rates ROCO:6729 with a GF Score™ of 76/100 and a GF Value™ of NT$24.74 (Significantly Overvalued). The stock has 2 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.

Luminescence Technology's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2025 was NT$1.279. 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$0.02 for the trailing ten years ended in Dec. 2025.

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 (2026-07-30), Luminescence Technology's current stock price is NT$ 40.10. Luminescence Technology's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2025 was NT$0.02. Luminescence Technology's Cyclically Adjusted Price-to-FCF of today is 2,005.00.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Luminescence Technology was 3450.00. The lowest was 1825.00. And the median was 2725.00.


Luminescence Technology  (ROCO:6729) 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.

Luminescence Technology's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=40.10/0.02
=2,005.00

* 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 10 years, the highest Cyclically Adjusted Price-to-FCF of Luminescence Technology was 3450.00. The lowest was 1825.00. And the median was 2725.00.


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.


Luminescence Technology Cyclically Adjusted FCF per Share Related Terms


Luminescence Technology Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Luminescence Technology'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.

Luminescence Technology Cyclically Adjusted FCF per Share Chart

Luminescence Technology 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 0.00 0.02

Luminescence Technology Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 0.00 0.00 0.00 0.02

ROCO:6729 vs DOW: Cyclically Adjusted FCF per Share Comparison

For the Chemicals subindustry, Luminescence Technology'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.


Luminescence Technology Cyclically Adjusted Price-to-FCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luminescence Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ROCO:6729
76GF Score
Luminescence Technology Corp ROCO:6729
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luminescence Technology 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, Luminescence Technology's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.279/324.0540*324.0540
=1.279

Current CPI (Dec. 2025) = 324.0540.

Luminescence Technology Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201612 -1.305 241.432 -1.752
201712 -2.993 246.524 -3.934
201812 0.476 251.233 0.614
201912 -0.119 256.974 -0.150
202012 0.816 260.474 1.015
202112 1.391 278.802 1.617
202212 1.367 296.797 1.493
202312 -0.746 306.746 -0.788
202412 0.787 315.605 0.808
202512 1.279 324.054 1.279

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$0.02 mean?
Luminescence Technology (ROCO:6729) has a Cyclically Adjusted FCF per Share of NT$0.02 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 Luminescence Technology and its competitors.
Is Luminescence Technology's Cyclically Adjusted FCF per Share too high?
Luminescence Technology's current Cyclically Adjusted FCF per Share is NT$0.02. Overall, Luminescence Technology has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luminescence Technology's Cyclically Adjusted FCF per Share compare to DOW?
Luminescence Technology's Cyclically Adjusted FCF per Share of NT$0.02 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted FCF per Share depends on the Chemicals 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 Luminescence Technology and its competitors. Luminescence Technology's current Cyclically Adjusted FCF per Share is NT$0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luminescence Technology stock overvalued right now?
Based on GuruFocus' analysis, Luminescence Technology (ROCO:6729) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.74, compared to a current price of NT$40.10 — trading 62.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$0.02. Luminescence Technology's overall GF Score™ is 76/100 with 2 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 Luminescence Technology (ROCO:6729), the current Cyclically Adjusted FCF per Share is NT$0.02 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 Luminescence Technology (ROCO:6729) Overvalued in 2026?

Based on GuruFocus' analysis, Luminescence Technology stock appears to be overvalued. The current stock price of NT$40.10 is trading 62.1% above its estimated GF Value™ of NT$24.74. GuruFocus considers Luminescence Technology to be Significantly Overvalued.

Key valuation signals for ROCO:6729:

  • Cyclically Adjusted FCF per Share: NT$0.02
  • GF Value™: NT$24.74 vs. price of NT$40.10 (62.1% above fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Luminescence Technology Business Description

Address No. 17, Randhan 2nd Road, 2nd Floor, New Taipei City, TWN, 22175
Luminescence Technology Corp is a Taiwan based chemical manufacturing company. The firm's product range consists of OLED material, OPV material, OTFT material, Organic intermediates, Boronic Acid, ITO patterned glass and components among others.
76GF Score

Get the complete analysis for ROCO:6729

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

NT$40.10
Price
NT$24.74
GF Value