CMC Magnetics (TPE:2323) Cyclically Adjusted FCF per Share: NT$-0.43 (As of Dec. 2025)

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TPE:2323 CMC Magnetics Corp TPE:2323
58 GF Score
Price NT$10.60
GF Value NT$10.83
Valuation Fairly Valued
! 5 Warning Signs
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What is CMC Magnetics Cyclically Adjusted FCF per Share?

CMC Magnetics TPE:2323 +0.95% 58 Cyclically Adjusted FCF per Share is NT$-0.43 as of Dec. 2025. GuruFocus rates TPE:2323 with a GF Score™ of 58/100 and a GF Value™ of NT$10.83 (Fairly Valued). The stock has 5 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.

CMC Magnetics's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$0.734. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-0.43 for the trailing ten years ended in Dec. 2025.

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 CMC Magnetics was -23.40% per year. The lowest was -38.80% per year. And the median was -38.20% per year.

As of today (2026-07-23), CMC Magnetics's current stock price is NT$10.60. CMC Magnetics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$-0.43. CMC Magnetics's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CMC Magnetics was 171.88. The lowest was 7.46. And the median was 15.80.


CMC Magnetics  (TPE:2323) 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 CMC Magnetics was 171.88. The lowest was 7.46. And the median was 15.80.


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.


CMC Magnetics Cyclically Adjusted FCF per Share Related Terms


CMC Magnetics Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for CMC Magnetics'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.

CMC Magnetics Cyclically Adjusted FCF per Share Chart

CMC Magnetics 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 0.49 0.21 0.17 -0.18 -0.43

CMC Magnetics Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -0.18 -0.27 -0.35 -0.43 -0.43

TPE:2323 vs SNDK, DELL, STX: Cyclically Adjusted FCF per Share Comparison

For the Computer Hardware subindustry, CMC Magnetics'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.


CMC Magnetics Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


TPE:2323
58GF Score
CMC Magnetics Corp TPE:2323
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMC Magnetics 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, CMC Magnetics's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.734/324.0540*324.0540
=0.734

Current CPI (Dec. 2025) = 324.0540.

CMC Magnetics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.033 238.132 0.045
201606 0.323 241.018 0.434
201609 -0.233 241.428 -0.313
201612 0.384 241.432 0.515
201703 -0.509 243.801 -0.677
201706 -0.083 244.955 -0.110
201709 0.355 246.819 0.466
201712 0.281 246.524 0.369
201803 -0.122 249.554 -0.158
201806 0.198 251.989 0.255
201809 -0.168 252.439 -0.216
201812 0.102 251.233 0.132
201903 -0.947 254.202 -1.207
201906 0.225 256.143 0.285
201909 -0.503 256.759 -0.635
201912 0.093 256.974 0.117
202003 0.053 258.115 0.067
202006 -0.436 257.797 -0.548
202009 -0.100 260.280 -0.125
202012 0.494 260.474 0.615
202103 -0.640 264.877 -0.783
202106 -0.483 271.696 -0.576
202109 -0.213 274.310 -0.252
202112 0.251 278.802 0.292
202203 -0.163 287.504 -0.184
202206 -0.097 296.311 -0.106
202209 -0.468 296.808 -0.511
202212 0.170 296.797 0.186
202303 -0.026 301.836 -0.028
202306 0.480 305.109 0.510
202309 0.328 307.789 0.345
202312 -0.216 306.746 -0.228
202403 -0.614 312.332 -0.637
202406 -0.415 314.175 -0.428
202409 -0.136 315.301 -0.140
202412 0.238 315.605 0.244
202503 -1.076 319.799 -1.090
202506 -0.438 322.561 -0.440
202509 -0.570 324.800 -0.569
202512 0.734 324.054 0.734

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$-0.43 mean?
CMC Magnetics (TPE:2323) has a Cyclically Adjusted FCF per Share of NT$-0.43 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on CMC Magnetics and its competitors.
Is CMC Magnetics' Cyclically Adjusted FCF per Share too high?
CMC Magnetics' current Cyclically Adjusted FCF per Share is NT$-0.43. Overall, CMC Magnetics has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMC Magnetics' Cyclically Adjusted FCF per Share compare to SNDK and DELL?
CMC Magnetics' Cyclically Adjusted FCF per Share of NT$-0.43 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 CMC Magnetics and its competitors. CMC Magnetics's current Cyclically Adjusted FCF per Share is NT$-0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Magnetics stock overvalued right now?
Based on GuruFocus' analysis, CMC Magnetics (TPE:2323) is currently considered Fairly Valued. The stock's GF Value™ is NT$10.83, compared to a current price of NT$10.60 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$-0.43. CMC Magnetics' overall GF Score™ is 58/100 with 5 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 CMC Magnetics (TPE:2323), the current Cyclically Adjusted FCF per Share is NT$-0.43 as of Dec. 2025. 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 CMC Magnetics (TPE:2323) Overvalued in 2026?

Based on GuruFocus' analysis, CMC Magnetics stock appears to be undervalued. The current stock price of NT$10.60 is trading 2.1% below its estimated GF Value™ of NT$10.83. GuruFocus considers CMC Magnetics to be Fairly Valued.

Key valuation signals for TPE:2323:

  • Cyclically Adjusted FCF per Share: NT$-0.43
  • GF Value™: NT$10.83 vs. price of NT$10.60 (2.1% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the TPE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMC Magnetics Business Description

Address No. 53, Minquan West Road, 15th Floor, Zhongshan District, Taipei City, TWN, 104026
CMC Magnetics Corp is mainly engaged in the manufacturing and sale of consumer electronic products, including optical discs, as well as the acquisition of film agency rights and the production and distribution of digital discs and Blu-ray discs for sales. Its products include M-disc, CMC Pro, HP CD, and data storage products. Its segments are: the Storage Media segment, which generates the maximum revenue and is engaged in the manufacturing and sale of consumer electronic products, including optical discs; the Other Optoelectronic segment, which manufactures and sells panels; the Investment segment, which invests in various businesses; and the Other Segment. Europe generates the maximum revenue for the Group.
58GF Score

Get the complete analysis for TPE:2323

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

NT$10.60
Price
NT$10.83
GF Value