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Sunonwealth Electric Machine Industry Co (TPE:2421) Cyclically Adjusted FCF per Share : NT$3.08 (As of Mar. 2024)


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What is Sunonwealth Electric Machine Industry Co 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.

Sunonwealth Electric Machine Industry Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.931. 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$3.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sunonwealth Electric Machine Industry Co's average Cyclically Adjusted FCF Growth Rate was 35.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.60% 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 Sunonwealth Electric Machine Industry Co was 18.40% per year. The lowest was 10.50% per year. And the median was 14.45% per year.

As of today (2024-06-23), Sunonwealth Electric Machine Industry Co's current stock price is NT$114.50. Sunonwealth Electric Machine Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.08. Sunonwealth Electric Machine Industry Co's Cyclically Adjusted Price-to-FCF of today is 37.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sunonwealth Electric Machine Industry Co was 61.75. The lowest was 17.34. And the median was 25.86.


Sunonwealth Electric Machine Industry Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sunonwealth Electric Machine Industry 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.

* Premium members only.

Sunonwealth Electric Machine Industry Co Cyclically Adjusted FCF per Share Chart

Sunonwealth Electric Machine Industry Co 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 1.69 1.76 1.59 2.28 2.92

Sunonwealth Electric Machine Industry Co 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 2.27 2.34 2.67 2.92 3.08

Competitive Comparison of Sunonwealth Electric Machine Industry Co's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Sunonwealth Electric Machine Industry 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.


Sunonwealth Electric Machine Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunonwealth Electric Machine Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sunonwealth Electric Machine Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Sunonwealth Electric Machine Industry 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, Sunonwealth Electric Machine Industry Co'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)
=0.931/131.7762*131.7762
=0.931

Current CPI (Mar. 2024) = 131.7762.

Sunonwealth Electric Machine Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.243 100.560 0.318
201409 -0.038 100.428 -0.050
201412 0.082 99.070 0.109
201503 0.426 99.621 0.564
201506 0.749 100.684 0.980
201509 0.655 100.392 0.860
201512 0.978 99.792 1.291
201603 -0.273 100.470 -0.358
201606 0.709 101.688 0.919
201609 0.861 101.861 1.114
201612 -0.440 101.863 -0.569
201703 -0.996 102.862 -1.276
201706 0.031 103.349 0.040
201709 0.918 104.136 1.162
201712 1.506 104.011 1.908
201803 -0.468 105.290 -0.586
201806 0.719 106.317 0.891
201809 0.474 106.507 0.586
201812 0.509 105.998 0.633
201903 0.356 107.251 0.437
201906 1.237 108.070 1.508
201909 0.500 108.329 0.608
201912 0.162 108.420 0.197
202003 0.539 108.902 0.652
202006 2.025 108.767 2.453
202009 1.600 109.815 1.920
202012 0.425 109.897 0.510
202103 -1.141 111.754 -1.345
202106 -0.290 114.631 -0.333
202109 0.353 115.734 0.402
202112 0.006 117.630 0.007
202203 -0.193 121.301 -0.210
202206 1.010 125.017 1.065
202209 1.106 125.227 1.164
202212 5.020 125.222 5.283
202303 -0.739 127.348 -0.765
202306 0.926 128.729 0.948
202309 3.793 129.860 3.849
202312 2.917 129.419 2.970
202403 0.931 131.776 0.931

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


Sunonwealth Electric Machine Industry Co  (TPE:2421) 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.

Sunonwealth Electric Machine Industry Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=114.50/3.08
=37.18

* 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 Sunonwealth Electric Machine Industry Co was 61.75. The lowest was 17.34. And the median was 25.86.


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.


Sunonwealth Electric Machine Industry Co Cyclically Adjusted FCF per Share Related Terms

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


Sunonwealth Electric Machine Industry Co (TPE:2421) Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Ln 296, Xinya Road, Qianzhen District, Kaohsiung City, TWN, 806
Sunonwealth Electric Machine Industry Co Ltd is a Taiwan based company that engages in the production and sale of precision motors, AC/DC brushless fans, electric fans and micro cooling fans. Its products include DC fan and blower series; AC fans, EC fans, fan trays, fan accessories and ventilation fans. It serves its products in various industries, such as IT, automobile electronics, optical electronics and network communication industries.

Sunonwealth Electric Machine Industry Co (TPE:2421) Headlines

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