Alpha Microelectronics (ROCO:8024) Cyclically Adjusted FCF per Share: NT$0.22 (As of Jun. 2026)

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ROCO:8024 Alpha Microelectronics Corp ROCO:8024
64 GF Score
Price NT$13.10
GF Value NT$12.62
Valuation Fairly Valued
! 3 Warning Signs
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What is Alpha Microelectronics Cyclically Adjusted FCF per Share?

Alpha Microelectronics ROCO:8024 64 Cyclically Adjusted FCF per Share is NT$0.22 as of Jun. 2026. GuruFocus rates ROCO:8024 with a GF Score™ of 64/100 and a GF Value™ of NT$12.62 (Fairly Valued). The stock has 3 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.

Alpha Microelectronics's adjusted free cash flow per share for the three months ended in Jun. 2026 was NT$0.146. 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$0.22 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Alpha Microelectronics's average Cyclically Adjusted FCF Growth Rate was -40.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -39.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -14.40% 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 Alpha Microelectronics was 19.70% per year. The lowest was -39.10% per year. And the median was -2.40% per year.

As of today (2026-08-26), Alpha Microelectronics's current stock price is NT$13.10. Alpha Microelectronics's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was NT$0.22. Alpha Microelectronics's Cyclically Adjusted Price-to-FCF of today is 59.55.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alpha Microelectronics was 109.06. The lowest was 10.88. And the median was 34.61.


Alpha Microelectronics  (ROCO:8024) 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.

Alpha Microelectronics's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.10/0.22
=59.55

* 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 Alpha Microelectronics was 109.06. The lowest was 10.88. And the median was 34.61.


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.


Alpha Microelectronics Cyclically Adjusted FCF per Share Related Terms


Alpha Microelectronics Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Alpha Microelectronics'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.

Alpha Microelectronics Cyclically Adjusted FCF per Share Chart

Alpha Microelectronics 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 0.77 0.93 0.60 0.34 0.21

Alpha Microelectronics 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 0.37 0.21 0.21 0.16 0.22

ROCO:8024 vs NVDA, AVGO, MU: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Alpha Microelectronics'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.


Alpha Microelectronics Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpha Microelectronics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ROCO:8024
64GF Score
Alpha Microelectronics Corp ROCO:8024
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Microelectronics 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, Alpha Microelectronics'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)
=0.146/333.9520*333.9520
=0.146

Current CPI (Jun. 2026) = 333.9520.

Alpha Microelectronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 1.241 241.428 1.717
201612 0.739 241.432 1.022
201703 -0.127 243.801 -0.174
201706 -0.971 244.955 -1.324
201709 0.453 246.819 0.613
201712 0.318 246.524 0.431
201803 -0.665 249.554 -0.890
201806 -0.110 251.989 -0.146
201809 -0.004 252.439 -0.005
201812 0.007 251.233 0.009
201903 -0.140 254.202 -0.184
201906 -0.330 256.143 -0.430
201909 0.609 256.759 0.792
201912 0.267 256.974 0.347
202003 0.268 258.115 0.347
202006 -0.382 257.797 -0.495
202009 0.169 260.280 0.217
202012 0.141 260.474 0.181
202103 0.564 264.877 0.711
202106 0.392 271.696 0.482
202109 1.067 274.310 1.299
202112 0.897 278.802 1.074
202203 0.597 287.504 0.693
202206 0.452 296.311 0.509
202209 0.473 296.808 0.532
202212 1.082 296.797 1.217
202303 -0.751 301.836 -0.831
202306 -0.748 305.109 -0.819
202309 -0.031 307.789 -0.034
202312 -0.567 306.746 -0.617
202403 -1.024 312.332 -1.095
202406 -0.230 314.175 -0.244
202409 -0.069 315.301 -0.073
202412 -0.492 315.605 -0.521
202503 -0.466 319.799 -0.487
202506 -0.213 322.561 -0.221
202509 -0.380 324.800 -0.391
202512 -0.354 324.054 -0.365
202603 -0.756 330.213 -0.765
202606 0.146 333.952 0.146

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$0.22 mean?
Alpha Microelectronics (ROCO:8024) has a Cyclically Adjusted FCF per Share of NT$0.22 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 Alpha Microelectronics and its competitors.
Is Alpha Microelectronics' Cyclically Adjusted FCF per Share too high?
Alpha Microelectronics' current Cyclically Adjusted FCF per Share is NT$0.22. Overall, Alpha Microelectronics has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpha Microelectronics' Cyclically Adjusted FCF per Share compare to NVDA and AVGO?
Alpha Microelectronics' Cyclically Adjusted FCF per Share of NT$0.22 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors 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 Alpha Microelectronics and its competitors. Alpha Microelectronics's current Cyclically Adjusted FCF per Share is NT$0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, Alpha Microelectronics (ROCO:8024) is currently considered Fairly Valued. The stock's GF Value™ is NT$12.62, compared to a current price of NT$13.10 — trading 3.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$0.22. Alpha Microelectronics' overall GF Score™ is 64/100 with 3 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 Alpha Microelectronics (ROCO:8024), the current Cyclically Adjusted FCF per Share is NT$0.22 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 Alpha Microelectronics (ROCO:8024) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Microelectronics stock appears to be overvalued. The current stock price of NT$13.10 is trading 3.8% above its estimated GF Value™ of NT$12.62. GuruFocus considers Alpha Microelectronics to be Fairly Valued.

Key valuation signals for ROCO:8024:

  • Cyclically Adjusted FCF per Share: NT$0.22
  • GF Value™: NT$12.62 vs. price of NT$13.10 (3.8% above fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the ROCO:8024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpha Microelectronics Business Description

Address No. 295, Section 2, Guangfu Road, 9th Floor, Hsinchu, TWN
Alpha Microelectronics Corp is a Taiwan based company engages in the design, research, development, application, and marketing of integrated circuits. Its product range covers voice ICs, voice integrated MCUs and IC recording products.
64GF Score

Get the complete analysis for ROCO:8024

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

NT$13.10
Price
NT$12.62
GF Value