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Microelectronics Technology (TPE:2314) Cyclically Adjusted FCF per Share : NT$-73.12 (As of Mar. 2025)


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What is Microelectronics 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.

Microelectronics Technology's adjusted free cash flow per share for the three months ended in Mar. 2025 was NT$-0.662. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-73.12 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -288.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -114.30% 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 Microelectronics Technology was 22.60% per year. The lowest was -288.40% per year. And the median was -222.40% per year.

As of today (2025-05-28), Microelectronics Technology's current stock price is NT$8.36. Microelectronics Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was NT$-73.12. Microelectronics Technology's Cyclically Adjusted Price-to-FCF of today is .


Microelectronics Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Microelectronics 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.

Microelectronics Technology Cyclically Adjusted FCF per Share Chart

Microelectronics Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.10 -1.23 -1.35 -70.35 -72.06

Microelectronics Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -71.53 -71.81 -71.99 -72.06 -73.12

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

For the Communication Equipment subindustry, Microelectronics 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.


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

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

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


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Microelectronics 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, Microelectronics Technology's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.662/134.9266*134.9266
=-0.662

Current CPI (Mar. 2025) = 134.9266.

Microelectronics Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -1.352 100.684 -1.812
201509 -0.527 100.392 -0.708
201512 0.872 99.792 1.179
201603 0.454 100.470 0.610
201606 0.146 101.688 0.194
201609 -0.005 101.861 -0.007
201612 0.186 101.863 0.246
201703 0.707 102.862 0.927
201706 -0.581 103.349 -0.759
201709 -0.858 104.136 -1.112
201712 -0.267 104.011 -0.346
201803 0.300 105.290 0.384
201806 -0.260 106.317 -0.330
201809 0.064 106.507 0.081
201812 0.505 105.998 0.643
201903 0.303 107.251 0.381
201906 -0.147 108.070 -0.184
201909 0.097 108.329 0.121
201912 0.331 108.420 0.412
202003 -0.753 108.902 -0.933
202006 -0.391 108.767 -0.485
202009 0.274 109.815 0.337
202012 0.526 109.897 0.646
202103 -1.818 111.754 -2.195
202106 -0.514 114.631 -0.605
202109 -2.207 115.734 -2.573
202112 -2.508 117.630 -2.877
202203 -2.335 121.301 -2.597
202206 -1.139 125.017 -1.229
202209 0.194 125.227 0.209
202212 0.734 125.222 0.791
202303 -678.210 127.348 -718.572
202306 0.163 128.729 0.171
202309 -0.224 129.860 -0.233
202312 -0.488 129.419 -0.509
202403 0.347 131.776 0.355
202406 -0.841 132.554 -0.856
202409 0.108 133.029 0.110
202412 0.572 133.157 0.580
202503 -0.662 134.927 -0.662

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


Microelectronics Technology  (TPE:2314) 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.


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.


Microelectronics Technology Cyclically Adjusted FCF per Share Related Terms

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


Microelectronics Technology Business Description

Traded in Other Exchanges
N/A
Address
No 1, Innovation Road II, Hsinchu Science Park, Hsinchu, TWN, 300
Microelectronics Technology Inc is engaged in the design, manufacture and sales of terrestrial microwave, satellite communication system products, and related customized products. The company's products include Low Noise Block Downconverter, Very Small Aperture Terminal, mobile products, microwave radio, and RFID among others. It operates in the United States, Mainland China, and other regions.

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