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Ichia Technologies (TPE:2402) Cyclically Adjusted FCF per Share : NT$0.85 (As of Mar. 2024)


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What is Ichia Technologies 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.

Ichia Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.065. 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$0.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ichia Technologies's average Cyclically Adjusted FCF Growth Rate was -4.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.00% 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 Ichia Technologies was 32.80% per year. The lowest was 4.80% per year. And the median was 8.20% per year.

As of today (2024-06-15), Ichia Technologies's current stock price is NT$34.90. Ichia Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.85. Ichia Technologies's Cyclically Adjusted Price-to-FCF of today is 41.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ichia Technologies was 60.06. The lowest was 12.44. And the median was 21.71.


Ichia Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ichia Technologies'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.

Ichia Technologies Cyclically Adjusted FCF per Share Chart

Ichia Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.79 1.17 0.92 1.00

Ichia Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.89 0.79 0.71 1.00 0.85

Competitive Comparison of Ichia Technologies's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Ichia Technologies'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.


Ichia Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Ichia Technologies 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, Ichia Technologies's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.065/131.7762*131.7762
=0.065

Current CPI (Mar. 2024) = 131.7762.

Ichia Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.506 100.560 0.663
201409 1.190 100.428 1.561
201412 0.351 99.070 0.467
201503 1.484 99.621 1.963
201506 0.069 100.684 0.090
201509 -0.466 100.392 -0.612
201512 1.026 99.792 1.355
201603 0.745 100.470 0.977
201606 -0.534 101.688 -0.692
201609 -0.644 101.861 -0.833
201612 0.080 101.863 0.103
201703 0.262 102.862 0.336
201706 -1.349 103.349 -1.720
201709 -0.822 104.136 -1.040
201712 -0.228 104.011 -0.289
201803 0.362 105.290 0.453
201806 -0.511 106.317 -0.633
201809 -0.044 106.507 -0.054
201812 -0.077 105.998 -0.096
201903 1.183 107.251 1.454
201906 0.818 108.070 0.997
201909 0.369 108.329 0.449
201912 1.000 108.420 1.215
202003 0.582 108.902 0.704
202006 0.501 108.767 0.607
202009 0.067 109.815 0.080
202012 -0.780 109.897 -0.935
202103 -0.115 111.754 -0.136
202106 0.326 114.631 0.375
202109 -0.147 115.734 -0.167
202112 -0.060 117.630 -0.067
202203 -0.225 121.301 -0.244
202206 0.096 125.017 0.101
202209 -0.898 125.227 -0.945
202212 0.422 125.222 0.444
202303 0.900 127.348 0.931
202306 0.336 128.729 0.344
202309 0.510 129.860 0.518
202312 0.651 129.419 0.663
202403 0.065 131.776 0.065

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


Ichia Technologies  (TPE:2402) 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.

Ichia Technologies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=34.90/0.85
=41.06

* 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 Ichia Technologies was 60.06. The lowest was 12.44. And the median was 21.71.


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.


Ichia Technologies Cyclically Adjusted FCF per Share Related Terms

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


Ichia Technologies (TPE:2402) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 268 Hwa-Ya 2nd Road, Hwa-Ya Technology Park, Gueishan District, Taoyuan, TWN
Ichia Technologies Inc manufactures and sells a range of components for electronics, appliances, and other industries, including silicone elastomers, plastic keys, keyboard assemblies, input devices, and flexible printed circuit boards. The company also import and export products and provide agency, distribution, tender, and quotation services.

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