GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ATW Technology Inc (ROCO:8097) » Definitions » Cyclically Adjusted FCF per Share

ATW Technology (ROCO:8097) Cyclically Adjusted FCF per Share : NT$-0.23 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is ATW Technology 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.

ATW Technology's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.490. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-0.23 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.30% 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 ATW Technology was 29.30% per year. The lowest was 26.30% per year. And the median was 27.80% per year.

As of today (2024-06-07), ATW Technology's current stock price is NT$65.10. ATW Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-0.23. ATW Technology's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ATW Technology was 2840.00. The lowest was 2345.00. And the median was 2682.50.


ATW Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ATW 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.

* Premium members only.

ATW Technology Cyclically Adjusted FCF per Share Chart

ATW Technology 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 -1.02 -0.70 -0.72 -0.36 -0.28

ATW Technology 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 -0.14 0.02 -0.27 -0.28 -0.23

Competitive Comparison of ATW Technology's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, ATW 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.


ATW Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



ATW 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, ATW Technology'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)
=0.49/131.7762*131.7762
=0.490

Current CPI (Mar. 2024) = 131.7762.

ATW Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.273 100.560 -0.358
201409 -0.024 100.428 -0.031
201412 -0.871 99.070 -1.159
201503 -0.695 99.621 -0.919
201506 -0.147 100.684 -0.192
201509 0.230 100.392 0.302
201512 -0.087 99.792 -0.115
201603 0.197 100.470 0.258
201606 0.819 101.688 1.061
201609 -0.596 101.861 -0.771
201612 -0.299 101.863 -0.387
201703 -0.389 102.862 -0.498
201706 -0.132 103.349 -0.168
201709 -0.024 104.136 -0.030
201712 0.237 104.011 0.300
201803 -0.505 105.290 -0.632
201806 -0.123 106.317 -0.152
201809 -0.217 106.507 -0.268
201812 -0.006 105.998 -0.007
201903 0.060 107.251 0.074
201906 -0.023 108.070 -0.028
201909 0.234 108.329 0.285
201912 0.433 108.420 0.526
202003 0.211 108.902 0.255
202006 -0.151 108.767 -0.183
202009 -0.275 109.815 -0.330
202012 0.323 109.897 0.387
202103 -1.341 111.754 -1.581
202106 -0.468 114.631 -0.538
202109 0.351 115.734 0.400
202112 -1.153 117.630 -1.292
202203 -0.550 121.301 -0.597
202206 -1.892 125.017 -1.994
202209 0.294 125.227 0.309
202212 4.533 125.222 4.770
202303 2.334 127.348 2.415
202306 0.283 128.729 0.290
202309 -1.299 129.860 -1.318
202312 -0.858 129.419 -0.874
202403 0.490 131.776 0.490

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


ATW Technology  (ROCO:8097) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ATW Technology was 2840.00. The lowest was 2345.00. And the median was 2682.50.


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.


ATW Technology Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of ATW Technology's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ATW Technology (ROCO:8097) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 236, Bo'ai Street, 6th Floor, Shulin District, New Taipei City, TWN
ATW Technology Inc is a Taiwan based company engaged in the manufacture and sale of wireless communication products. It offers products such as cellular phone peripheral components, routers, switches, power adaptors, IP cameras, RF remote controller, smart valve controller, smart pet feeder, curtain control motor and others.

ATW Technology (ROCO:8097) Headlines

No Headlines