Ability Enterprise Co (TPE:2374) Cyclically Adjusted FCF per Share: NT$-0.59 (As of Dec. 2025)

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:2374 Ability Enterprise Co Ltd TPE:2374
83 GF Score
Price NT$65.20
GF Value NT$78.06
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ability Enterprise Co Cyclically Adjusted FCF per Share?

Ability Enterprise Co TPE:2374 -3.69% 83 Cyclically Adjusted FCF per Share is NT$-0.59 as of Dec. 2025. GuruFocus rates TPE:2374 with a GF Score™ of 83/100 and a GF Value™ of NT$78.06 (Modestly Undervalued). The stock has 3 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.

Ability Enterprise Co's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$-0.385. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-0.59 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ability Enterprise Co's average Cyclically Adjusted FCF Growth Rate was -636.40% 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 Ability Enterprise Co was -11.70% per year. The lowest was -59.30% per year. And the median was -22.40% per year.

As of today (2026-07-20), Ability Enterprise Co's current stock price is NT$65.20. Ability Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$-0.59. Ability Enterprise Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ability Enterprise Co was 512.33. The lowest was 3.44. And the median was 9.92.


Ability Enterprise Co  (TPE:2374) 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 Ability Enterprise Co was 512.33. The lowest was 3.44. And the median was 9.92.


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.


Ability Enterprise Co Cyclically Adjusted FCF per Share Related Terms


Ability Enterprise Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ability Enterprise Co'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.

Ability Enterprise Co Cyclically Adjusted FCF per Share Chart

Ability Enterprise Co 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 1.63 1.70 0.74 0.11 -0.59

Ability Enterprise Co 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 0.11 0.31 -0.07 -0.26 -0.59

TPE:2374 vs APH, GLW: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, Ability Enterprise Co'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.


Ability Enterprise Co Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

* The bar in red indicates where Ability Enterprise Co's Cyclically Adjusted Price-to-FCF falls into.


TPE:2374
83GF Score
Ability Enterprise Co Ltd TPE:2374
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ability Enterprise Co 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, Ability Enterprise Co'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)
=-0.385/324.0540*324.0540
=-0.385

Current CPI (Dec. 2025) = 324.0540.

Ability Enterprise Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -0.843 238.132 -1.147
201606 -0.035 241.018 -0.047
201609 -0.525 241.428 -0.705
201612 0.427 241.432 0.573
201703 0.493 243.801 0.655
201706 0.403 244.955 0.533
201709 -0.504 246.819 -0.662
201712 -0.749 246.524 -0.985
201803 -0.124 249.554 -0.161
201806 -1.481 251.989 -1.905
201809 0.639 252.439 0.820
201812 -0.523 251.233 -0.675
201903 -0.110 254.202 -0.140
201906 0.100 256.143 0.127
201909 1.136 256.759 1.434
201912 0.283 256.974 0.357
202003 -1.090 258.115 -1.368
202006 -0.240 257.797 -0.302
202009 -0.015 260.280 -0.019
202012 -0.093 260.474 -0.116
202103 -0.998 264.877 -1.221
202106 -0.413 271.696 -0.493
202109 -0.793 274.310 -0.937
202112 -0.259 278.802 -0.301
202203 -0.694 287.504 -0.782
202206 -0.102 296.311 -0.112
202209 0.594 296.808 0.649
202212 0.936 296.797 1.022
202303 -0.439 301.836 -0.471
202306 0.576 305.109 0.612
202309 1.003 307.789 1.056
202312 0.675 306.746 0.713
202403 -0.751 312.332 -0.779
202406 0.087 314.175 0.090
202409 0.267 315.301 0.274
202412 0.540 315.605 0.554
202503 0.020 319.799 0.020
202506 -0.208 322.561 -0.209
202509 -1.449 324.800 -1.446
202512 -0.385 324.054 -0.385

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$-0.59 mean?
Ability Enterprise Co (TPE:2374) has a Cyclically Adjusted FCF per Share of NT$-0.59 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 Ability Enterprise Co and its competitors.
Is Ability Enterprise Co's Cyclically Adjusted FCF per Share too high?
Ability Enterprise Co's current Cyclically Adjusted FCF per Share is NT$-0.59. Overall, Ability Enterprise Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ability Enterprise Co's Cyclically Adjusted FCF per Share compare to APH and GLW?
Ability Enterprise Co's Cyclically Adjusted FCF per Share of NT$-0.59 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 Ability Enterprise Co and its competitors. Ability Enterprise Co's current Cyclically Adjusted FCF per Share is NT$-0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ability Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Ability Enterprise Co (TPE:2374) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$78.06, compared to a current price of NT$65.20 — trading 16.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$-0.59. Ability Enterprise Co's overall GF Score™ is 83/100 with 3 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 Ability Enterprise Co (TPE:2374), the current Cyclically Adjusted FCF per Share is NT$-0.59 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 Ability Enterprise Co (TPE:2374) Overvalued in 2026?

Based on GuruFocus' analysis, Ability Enterprise Co stock appears to be undervalued. The current stock price of NT$65.20 is trading 16.5% below its estimated GF Value™ of NT$78.06. GuruFocus considers Ability Enterprise Co to be Modestly Undervalued.

Key valuation signals for TPE:2374:

  • Cyclically Adjusted FCF per Share: NT$-0.59
  • GF Value™: NT$78.06 vs. price of NT$65.20 (16.5% below fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the TPE:2374 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ability Enterprise Co Business Description

Address No. 200, Zhonghuan Road, Section 3, Xinzhuang District, New Taipei City, TWN, 242030
Ability Enterprise Co Ltd is mainly engaged in the manufacturing, purchases and sales of digital cameras, optical product components and film/video accessories. The Company's main activities are the manufacturing and sales of optical products, and the strategic investing segment focuses on sales of design and manufacturing of optical elements. It specializes in integrating optics, mechanics, acoustics, electronics, and software. Its product portfolio includes security equipment, home appliances, machine vision systems, video live streaming systems, cloud-based solutions, and automotive imaging applications. Its segments are the optical manufacturing segment, which generates maximum revenue, and the strategic investing segment. The Company generates maximum revenue from Japan.
83GF Score

Get the complete analysis for TPE:2374

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

NT$65.20
Price
NT$78.06
GF Value