GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Z-Com Inc (ROCO:8176) » Definitions » Cyclically Adjusted FCF per Share

Z-Com (ROCO:8176) Cyclically Adjusted FCF per Share : NT$0.02 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Z-Com 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.

Z-Com's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.361. 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 Mar. 2024.

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 (2024-05-27), Z-Com's current stock price is NT$14.00. Z-Com's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.02. Z-Com's Cyclically Adjusted Price-to-FCF of today is 700.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Z-Com was 814.22. The lowest was 14.53. And the median was 20.92.


Z-Com Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Z-Com'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.

Z-Com Cyclically Adjusted FCF per Share Chart

Z-Com 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 - 0.51 0.28 -0.75 -0.14

Z-Com 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 -0.17 -0.02 -0.15 -0.14 0.02

Competitive Comparison of Z-Com's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Z-Com'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.


Z-Com's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Z-Com 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, Z-Com'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)
=0.361/131.7762*131.7762
=0.361

Current CPI (Mar. 2024) = 131.7762.

Z-Com Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.773 100.560 -1.013
201409 -0.041 100.428 -0.054
201412 0.039 99.070 0.052
201503 -1.067 99.621 -1.411
201506 -0.466 100.684 -0.610
201509 0.799 100.392 1.049
201512 0.945 99.792 1.248
201603 -0.590 100.470 -0.774
201606 -0.411 101.688 -0.533
201609 0.267 101.861 0.345
201612 0.039 101.863 0.050
201703 0.776 102.862 0.994
201706 0.679 103.349 0.866
201709 -0.920 104.136 -1.164
201712 1.073 104.011 1.359
201803 0.385 105.290 0.482
201806 0.314 106.317 0.389
201809 0.546 106.507 0.676
201812 -0.156 105.998 -0.194
201903 -0.277 107.251 -0.340
201906 0.815 108.070 0.994
201909 1.595 108.329 1.940
201912 -1.576 108.420 -1.916
202003 0.113 108.902 0.137
202006 0.272 108.767 0.330
202009 0.129 109.815 0.155
202012 -0.442 109.897 -0.530
202103 -0.640 111.754 -0.755
202106 0.164 114.631 0.189
202109 -0.918 115.734 -1.045
202112 -0.587 117.630 -0.658
202203 -0.718 121.301 -0.780
202206 -0.452 125.017 -0.476
202209 0.006 125.227 0.006
202212 0.316 125.222 0.333
202303 -0.439 127.348 -0.454
202306 0.070 128.729 0.072
202309 0.013 129.860 0.013
202312 0.825 129.419 0.840
202403 0.361 131.776 0.361

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


Z-Com  (ROCO:8176) 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.

Z-Com's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.00/0.02
=700.00

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of Z-Com was 814.22. The lowest was 14.53. And the median was 20.92.


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.


Z-Com Cyclically Adjusted FCF per Share Related Terms

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


Z-Com (ROCO:8176) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Z-Com Inc (ROCO:8176) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
No. 8, Xinan Road, 5th Floor, Hsinchu Science Park, Hsinchu, TWN, 300
Z-Com Inc is engaged in the research, development and design of software and hardware, manufacturing, sales and system integration for wireless communication systems. The company's products include Wireless LAN Controllers; Indoor Access Points; Outdoor Access Points; 4G LTE Cellular Gateway; Wi-Fi modules; and Accessories. The Group has only one reportable operating segment. Geographically, it operates in Taiwan, Mainland China, Germany and Others, out of which the majority is from Germany.

Z-Com (ROCO:8176) Headlines

No Headlines