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Lung Hwa Electronics Co (TPE:2424) Cyclically Adjusted FCF per Share : NT$-3.61 (As of Mar. 2024)


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What is Lung Hwa Electronics 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.

Lung Hwa Electronics Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.618. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-3.61 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-13), Lung Hwa Electronics Co's current stock price is NT$29.80. Lung Hwa Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-3.61. Lung Hwa Electronics Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lung Hwa Electronics Co was 509.17. The lowest was 32.35. And the median was 49.25.


Lung Hwa Electronics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lung Hwa Electronics 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.

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Lung Hwa Electronics Co Cyclically Adjusted FCF per Share Chart

Lung Hwa Electronics 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 1.03 0.27 -0.59 -0.61 -3.54

Lung Hwa Electronics 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 -0.67 -1.40 -1.37 -3.54 -3.61

Competitive Comparison of Lung Hwa Electronics Co's Cyclically Adjusted FCF per Share

For the Consumer Electronics subindustry, Lung Hwa Electronics 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.


Lung Hwa Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Lung Hwa Electronics Co's Cyclically Adjusted Price-to-FCF falls into.



Lung Hwa Electronics 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, Lung Hwa Electronics 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)
=-0.618/131.7762*131.7762
=-0.618

Current CPI (Mar. 2024) = 131.7762.

Lung Hwa Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.739 100.560 0.968
201409 -0.074 100.428 -0.097
201412 0.478 99.070 0.636
201503 -0.483 99.621 -0.639
201506 -1.622 100.684 -2.123
201509 0.904 100.392 1.187
201512 -0.189 99.792 -0.250
201603 -0.714 100.470 -0.936
201606 -0.190 101.688 -0.246
201609 -0.797 101.861 -1.031
201612 0.251 101.863 0.325
201703 -1.627 102.862 -2.084
201706 -0.238 103.349 -0.303
201709 0.447 104.136 0.566
201712 -0.511 104.011 -0.647
201803 -0.561 105.290 -0.702
201806 0.450 106.317 0.558
201809 -1.096 106.507 -1.356
201812 -1.227 105.998 -1.525
201903 -1.739 107.251 -2.137
201906 -1.627 108.070 -1.984
201909 -1.642 108.329 -1.997
201912 -2.884 108.420 -3.505
202003 -2.178 108.902 -2.635
202006 -0.816 108.767 -0.989
202009 -1.318 109.815 -1.582
202012 -1.580 109.897 -1.895
202103 -1.759 111.754 -2.074
202106 -1.774 114.631 -2.039
202109 -0.856 115.734 -0.975
202112 -0.558 117.630 -0.625
202203 -0.862 121.301 -0.936
202206 -0.503 125.017 -0.530
202209 -0.587 125.227 -0.618
202212 -0.594 125.222 -0.625
202303 -0.685 127.348 -0.709
202306 -0.805 128.729 -0.824
202309 -0.393 129.860 -0.399
202312 -0.649 129.419 -0.661
202403 -0.618 131.776 -0.618

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


Lung Hwa Electronics Co  (TPE:2424) 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 Lung Hwa Electronics Co was 509.17. The lowest was 32.35. And the median was 49.25.


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.


Lung Hwa Electronics Co Cyclically Adjusted FCF per Share Related Terms

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


Lung Hwa Electronics Co (TPE:2424) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15th Floor, No. 32, Section 3, Bade Road, Songshan District, Taipei, TWN, 10559
Lung Hwa Electronics Co Ltd The main business items of the company are smart homes, vehicle multimedia management systems, fleet movement control, and management system, etc. R&D, manufacturing and sales, industrial plant development, leasing and sales, maritime broadband data services.

Lung Hwa Electronics Co (TPE:2424) Headlines

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