Chroma Ate (TPE:2360) Cyclically Adjusted FCF per Share: NT$4.70 (As of Mar. 2026)

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TPE:2360 Chroma Ate Inc TPE:2360
75 GF Score
Price NT$2,030.00
GF Value NT$683.48
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Chroma Ate Cyclically Adjusted FCF per Share?

Chroma Ate TPE:2360 +2.78% 75 Cyclically Adjusted FCF per Share is NT$4.70 as of Mar. 2026. GuruFocus rates TPE:2360 with a GF Score™ of 75/100 and a GF Value™ of NT$683.48 (Significantly 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.

Chroma Ate's adjusted free cash flow per share for the three months ended in Mar. 2026 was NT$1.424. 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$4.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Chroma Ate's average Cyclically Adjusted FCF Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.20% 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 Chroma Ate was 23.30% per year. The lowest was -7.30% per year. And the median was 12.50% per year.

As of today (2026-08-08), Chroma Ate's current stock price is NT$2030.00. Chroma Ate's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was NT$4.70. Chroma Ate's Cyclically Adjusted Price-to-FCF of today is 431.91.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Chroma Ate was 545.74. The lowest was 38.99. And the median was 70.12.


Chroma Ate  (TPE:2360) 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.

Chroma Ate's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2030.00/4.70
=431.91

* 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 Chroma Ate was 545.74. The lowest was 38.99. And the median was 70.12.


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.


Chroma Ate Cyclically Adjusted FCF per Share Related Terms


Chroma Ate Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Chroma Ate'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.

Chroma Ate Cyclically Adjusted FCF per Share Chart

Chroma Ate 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 2.26 3.22 3.87 4.24 4.58

Chroma Ate 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 4.44 4.30 4.29 4.58 4.70

TPE:2360 vs COHR, KEYS, GRMN: Cyclically Adjusted FCF per Share Comparison

For the Scientific & Technical Instruments subindustry, Chroma Ate'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.


Chroma Ate Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


TPE:2360
75GF Score
Chroma Ate Inc TPE:2360
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chroma Ate 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, Chroma Ate'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)
=1.424/330.2130*330.2130
=1.424

Current CPI (Mar. 2026) = 330.2130.

Chroma Ate Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.377 241.018 0.517
201609 -1.319 241.428 -1.804
201612 2.242 241.432 3.066
201703 -0.735 243.801 -0.996
201706 1.256 244.955 1.693
201709 1.198 246.819 1.603
201712 3.243 246.524 4.344
201803 -0.488 249.554 -0.646
201806 1.422 251.989 1.863
201809 -1.688 252.439 -2.208
201812 -0.169 251.233 -0.222
201903 0.593 254.202 0.770
201906 0.124 256.143 0.160
201909 -0.472 256.759 -0.607
201912 0.359 256.974 0.461
202003 0.926 258.115 1.185
202006 -0.564 257.797 -0.722
202009 -0.223 260.280 -0.283
202012 2.401 260.474 3.044
202103 0.575 264.877 0.717
202106 0.851 271.696 1.034
202109 -0.767 274.310 -0.923
202112 2.842 278.802 3.366
202203 1.656 287.504 1.902
202206 1.567 296.311 1.746
202209 1.519 296.808 1.690
202212 6.027 296.797 6.706
202303 0.605 301.836 0.662
202306 0.574 305.109 0.621
202309 1.292 307.789 1.386
202312 1.696 306.746 1.826
202403 1.935 312.332 2.046
202406 3.450 314.175 3.626
202409 -1.413 315.301 -1.480
202412 2.420 315.605 2.532
202503 3.711 319.799 3.832
202506 -0.023 322.561 -0.024
202509 -1.215 324.800 -1.235
202512 4.203 324.054 4.283
202603 1.424 330.213 1.424

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$4.70 mean?
Chroma Ate (TPE:2360) has a Cyclically Adjusted FCF per Share of NT$4.70 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 Chroma Ate and its competitors.
Is Chroma Ate's Cyclically Adjusted FCF per Share too high?
Chroma Ate's current Cyclically Adjusted FCF per Share is NT$4.70. Overall, Chroma Ate has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chroma Ate's Cyclically Adjusted FCF per Share compare to COHR and KEYS?
Chroma Ate's Cyclically Adjusted FCF per Share of NT$4.70 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 Chroma Ate and its competitors. Chroma Ate's current Cyclically Adjusted FCF per Share is NT$4.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chroma Ate stock overvalued right now?
Based on GuruFocus' analysis, Chroma Ate (TPE:2360) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$683.48, compared to a current price of NT$2,030.00 — trading 197% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$4.70. Chroma Ate's overall GF Score™ is 75/100 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 Chroma Ate (TPE:2360), the current Cyclically Adjusted FCF per Share is NT$4.70 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 Chroma Ate (TPE:2360) Overvalued in 2026?

Based on GuruFocus' analysis, Chroma Ate stock appears to be overvalued. The current stock price of NT$2,030.00 is trading 197% above its estimated GF Value™ of NT$683.48. GuruFocus considers Chroma Ate to be Significantly Overvalued.

Key valuation signals for TPE:2360:

  • Cyclically Adjusted FCF per Share: NT$4.70
  • GF Value™: NT$683.48 vs. price of NT$2,030.00 (197% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TPE:2360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chroma Ate Business Description

Address No. 88, Wenmao Road, Guishan District, Taoyuan, TWN
Chroma Ate Inc manufactures and sells automated testing systems, electronic testing instruments, signal generators, and power supplies. The reportable segments of the company are the Test Instrument Department, the Automatic Equipment Department, and Others. The company generates maximum revenue from the Test Instrument Department segment. The Corporation designs, assembles, calibrates, manufactures, sells, repairs, and maintains software/hardware for computers and peripherals, computerized automatic test systems, electronic test instruments, signal generators, power supplies, telecom power supplies, and others.
75GF Score

Get the complete analysis for TPE:2360

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

NT$2,030.00
Price
NT$683.48
GF Value