Accton Technology (TPE:2345) Cyclically Adjusted FCF per Share: NT$14.09 (As of Mar. 2026)

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TPE:2345 Accton Technology Corp TPE:2345
90 GF Score
Price NT$2,090.00
GF Value NT$1,838.87
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Accton Technology Cyclically Adjusted FCF per Share?

Accton Technology TPE:2345 -9.91% 90 Cyclically Adjusted FCF per Share is NT$14.09 as of Mar. 2026. GuruFocus rates TPE:2345 with a GF Score™ of 90/100 and a GF Value™ of NT$1,838.87 (Modestly Overvalued). The stock has 2 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.

Accton Technology's adjusted free cash flow per share for the three months ended in Mar. 2026 was NT$-9.031. 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$14.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Accton Technology's average Cyclically Adjusted FCF Growth Rate was 39.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 41.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 32.40% 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 Accton Technology was 41.00% per year. The lowest was 18.30% per year. And the median was 28.80% per year.

As of today (2026-07-19), Accton Technology's current stock price is NT$2090.00. Accton Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was NT$14.09. Accton Technology's Cyclically Adjusted Price-to-FCF of today is 148.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Accton Technology was 194.11. The lowest was 46.11. And the median was 67.54.


Accton Technology  (TPE:2345) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2090.00/14.09
=148.33

* 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 Accton Technology was 194.11. The lowest was 46.11. And the median was 67.54.


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.


Accton Technology Cyclically Adjusted FCF per Share Related Terms


Accton Technology Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Accton 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.

Accton Technology Cyclically Adjusted FCF per Share Chart

Accton 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 4.02 5.22 8.01 9.52 14.62

Accton 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 10.14 10.26 13.13 14.62 14.09

TPE:2345 vs CSCO, CIEN, MSI: Cyclically Adjusted FCF per Share Comparison

For the Communication Equipment subindustry, Accton 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.


Accton Technology Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


TPE:2345
90GF Score
Accton Technology Corp TPE:2345
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Accton 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, Accton 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)
=-9.031/330.2130*330.2130
=-9.031

Current CPI (Mar. 2026) = 330.2130.

Accton Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.824 241.018 1.129
201609 2.472 241.428 3.381
201612 2.996 241.432 4.098
201703 -1.550 243.801 -2.099
201706 -0.769 244.955 -1.037
201709 -0.769 246.819 -1.029
201712 0.725 246.524 0.971
201803 3.647 249.554 4.826
201806 -3.989 251.989 -5.227
201809 1.359 252.439 1.778
201812 1.948 251.233 2.560
201903 1.693 254.202 2.199
201906 2.623 256.143 3.382
201909 0.745 256.759 0.958
201912 8.702 256.974 11.182
202003 -0.655 258.115 -0.838
202006 -1.678 257.797 -2.149
202009 2.784 260.280 3.532
202012 4.608 260.474 5.842
202103 2.882 264.877 3.593
202106 -1.385 271.696 -1.683
202109 -1.539 274.310 -1.853
202112 1.199 278.802 1.420
202203 -0.378 287.504 -0.434
202206 0.132 296.311 0.147
202209 12.677 296.808 14.104
202212 2.921 296.797 3.250
202303 6.418 301.836 7.021
202306 2.316 305.109 2.507
202309 6.696 307.789 7.184
202312 13.113 306.746 14.116
202403 3.489 312.332 3.689
202406 -2.552 314.175 -2.682
202409 7.563 315.301 7.921
202412 3.975 315.605 4.159
202503 5.558 319.799 5.739
202506 2.707 322.561 2.771
202509 30.162 324.800 30.665
202512 14.533 324.054 14.809
202603 -9.031 330.213 -9.031

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$14.09 mean?
Accton Technology (TPE:2345) has a Cyclically Adjusted FCF per Share of NT$14.09 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 Accton Technology and its competitors.
Is Accton Technology's Cyclically Adjusted FCF per Share too high?
Accton Technology's current Cyclically Adjusted FCF per Share is NT$14.09. Overall, Accton Technology has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accton Technology's Cyclically Adjusted FCF per Share compare to CSCO and CIEN?
Accton Technology's Cyclically Adjusted FCF per Share of NT$14.09 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 Accton Technology and its competitors. Accton Technology's current Cyclically Adjusted FCF per Share is NT$14.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accton Technology stock overvalued right now?
Based on GuruFocus' analysis, Accton Technology (TPE:2345) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$1,838.87, compared to a current price of NT$2,090.00 — trading 13.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$14.09. Accton Technology's overall GF Score™ is 90/100 with 2 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 Accton Technology (TPE:2345), the current Cyclically Adjusted FCF per Share is NT$14.09 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 Accton Technology (TPE:2345) Overvalued in 2026?

Based on GuruFocus' analysis, Accton Technology stock appears to be overvalued. The current stock price of NT$2,090.00 is trading 13.7% above its estimated GF Value™ of NT$1,838.87. GuruFocus considers Accton Technology to be Modestly Overvalued.

Key valuation signals for TPE:2345:

  • Cyclically Adjusted FCF per Share: NT$14.09
  • GF Value™: NT$1,838.87 vs. price of NT$2,090.00 (13.7% above fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the TPE:2345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Accton Technology Business Description

Address No. 1, Zhihui 1st Road, Hsinchu County, Zhubei, TWN, 30077
Accton Technology Corp develops, manufactures, and sells high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company are Switch, Network Application, Metro Access Switch, Other, and Wireless. The company generates the majority of its revenue from Network Application sales.
90GF Score

Get the complete analysis for TPE:2345

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

NT$2,090.00
Price
NT$1,838.87
GF Value