Lite-On Technology (TPE:2301) Cyclically Adjusted FCF per Share: NT$6.00 (As of Mar. 2026)

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.

TPE:2301 Lite-On Technology Corp TPE:2301
88 GF Score
Price NT$196.50
GF Value NT$143.04
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Lite-On Technology Cyclically Adjusted FCF per Share?

Lite-On Technology TPE:2301 -9.86% 88 Cyclically Adjusted FCF per Share is NT$6.00 as of Mar. 2026. GuruFocus rates TPE:2301 with a GF Score™ of 88/100 and a GF Value™ of NT$143.04 (Significantly Overvalued). The stock has 1 warning sign 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.

Lite-On Technology's adjusted free cash flow per share for the three months ended in Mar. 2026 was NT$-1.723. 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$6.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lite-On Technology's average Cyclically Adjusted FCF Growth Rate was -9.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Lite-On Technology was 11.00% per year. The lowest was 3.30% per year. And the median was 10.30% per year.

As of today (2026-07-20), Lite-On Technology's current stock price is NT$196.50. Lite-On Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was NT$6.00. Lite-On Technology's Cyclically Adjusted Price-to-FCF of today is 32.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lite-On Technology was 39.08. The lowest was 9.80. And the median was 13.49.


Lite-On Technology  (TPE:2301) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=196.50/6.00
=32.75

* 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 Lite-On Technology was 39.08. The lowest was 9.80. And the median was 13.49.


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.


Lite-On Technology Cyclically Adjusted FCF per Share Related Terms


Lite-On Technology Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Lite-On 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.

Lite-On Technology Cyclically Adjusted FCF per Share Chart

Lite-On 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 4.61 5.54 5.94 6.19 6.10

Lite-On Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.59 6.45 6.41 6.10 6.00

TPE:2301 vs SNDK, DELL, STX: Cyclically Adjusted FCF per Share Comparison

For the Computer Hardware subindustry, Lite-On 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.


Lite-On Technology Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


TPE:2301
88GF Score
Lite-On Technology Corp TPE:2301
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lite-On 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, Lite-On Technology's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-1.723/330.2130*330.2130
=-1.723

Current CPI (Mar. 2026) = 330.2130.

Lite-On Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.212 241.018 -0.290
201609 2.373 241.428 3.246
201612 1.983 241.432 2.712
201703 1.192 243.801 1.614
201706 -0.058 244.955 -0.078
201709 0.718 246.819 0.961
201712 1.020 246.524 1.366
201803 -0.261 249.554 -0.345
201806 -1.358 251.989 -1.780
201809 3.903 252.439 5.105
201812 0.989 251.233 1.300
201903 1.394 254.202 1.811
201906 -0.486 256.143 -0.627
201909 2.555 256.759 3.286
201912 2.627 256.974 3.376
202003 1.644 258.115 2.103
202006 -1.246 257.797 -1.596
202009 3.336 260.280 4.232
202012 2.230 260.474 2.827
202103 2.476 264.877 3.087
202106 -1.364 271.696 -1.658
202109 1.612 274.310 1.941
202112 0.814 278.802 0.964
202203 2.072 287.504 2.380
202206 -0.670 296.311 -0.747
202209 2.768 296.808 3.080
202212 4.746 296.797 5.280
202303 2.828 301.836 3.094
202306 1.347 305.109 1.458
202309 2.593 307.789 2.782
202312 3.350 306.746 3.606
202403 0.310 312.332 0.328
202406 -0.688 314.175 -0.723
202409 2.355 315.301 2.466
202412 1.663 315.605 1.740
202503 2.280 319.799 2.354
202506 -1.812 322.561 -1.855
202509 1.036 324.800 1.053
202512 1.790 324.054 1.824
202603 -1.723 330.213 -1.723

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$6.00 mean?
Lite-On Technology (TPE:2301) has a Cyclically Adjusted FCF per Share of NT$6.00 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Lite-On Technology and its competitors.
Is Lite-On Technology's Cyclically Adjusted FCF per Share too high?
Lite-On Technology's current Cyclically Adjusted FCF per Share is NT$6.00. Overall, Lite-On Technology has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lite-On Technology's Cyclically Adjusted FCF per Share compare to SNDK and DELL?
Lite-On Technology's Cyclically Adjusted FCF per Share of NT$6.00 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware 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 Lite-On Technology and its competitors. Lite-On Technology's current Cyclically Adjusted FCF per Share is NT$6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lite-On Technology stock overvalued right now?
Based on GuruFocus' analysis, Lite-On Technology (TPE:2301) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$143.04, compared to a current price of NT$196.50 — trading 37.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$6.00. Lite-On Technology's overall GF Score™ is 88/100 with 1 warning sign 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 Lite-On Technology (TPE:2301), the current Cyclically Adjusted FCF per Share is NT$6.00 as of Mar. 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 Lite-On Technology (TPE:2301) Overvalued in 2026?

Based on GuruFocus' analysis, Lite-On Technology stock appears to be overvalued. The current stock price of NT$196.50 is trading 37.4% above its estimated GF Value™ of NT$143.04. GuruFocus considers Lite-On Technology to be Significantly Overvalued.

Key valuation signals for TPE:2301:

  • Cyclically Adjusted FCF per Share: NT$6.00
  • GF Value™: NT$143.04 vs. price of NT$196.50 (37.4% above fair value)
  • GF Score™: 88/100 with 1 warning sign

No single metric tells the full story. See the TPE:2301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lite-On Technology Business Description

Address No. 392 Ruiguang Road, 22th Floor, Neihu, Taipei, TWN, 114
Lite-On Technology Corp is a computer storage device company that manufactures consumer electronics. The main businesses include Research and development design, manufacturing and sales of key modules and system solutions for optoelectronics, cloud computing, power management systems, EV chargers, energy management, LED packaging for lighting applications, IoT and networking applications, information technology, and consumer electronics.
88GF Score

Get the complete analysis for TPE:2301

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

NT$196.50
Price
NT$143.04
GF Value