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Lelon Electronics (TPE:2472) Cyclically Adjusted FCF per Share : NT$3.12 (As of Mar. 2024)


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What is Lelon Electronics 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.

Lelon Electronics's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.409. 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$3.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lelon Electronics's average Cyclically Adjusted FCF Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.70% 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 Lelon Electronics was 67.60% per year. The lowest was 20.70% per year. And the median was 44.15% per year.

As of today (2024-06-14), Lelon Electronics's current stock price is NT$81.20. Lelon Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.12. Lelon Electronics's Cyclically Adjusted Price-to-FCF of today is 26.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lelon Electronics was 126.83. The lowest was 16.65. And the median was 33.55.


Lelon Electronics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lelon Electronics'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.

Lelon Electronics Cyclically Adjusted FCF per Share Chart

Lelon Electronics 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 0.62 1.74 1.57 2.92 3.06

Lelon Electronics 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 3.19 3.28 3.10 3.06 3.12

Competitive Comparison of Lelon Electronics's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Lelon Electronics'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.


Lelon Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Lelon Electronics 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, Lelon Electronics'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)
=-0.409/131.7762*131.7762
=-0.409

Current CPI (Mar. 2024) = 131.7762.

Lelon Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.005 100.560 -0.007
201409 1.382 100.428 1.813
201412 1.299 99.070 1.728
201503 1.867 99.621 2.470
201506 0.109 100.684 0.143
201509 0.915 100.392 1.201
201512 1.594 99.792 2.105
201603 -1.417 100.470 -1.859
201606 -0.020 101.688 -0.026
201609 0.547 101.861 0.708
201612 1.180 101.863 1.527
201703 -0.484 102.862 -0.620
201706 -0.167 103.349 -0.213
201709 -2.983 104.136 -3.775
201712 -1.110 104.011 -1.406
201803 0.661 105.290 0.827
201806 -6.306 106.317 -7.816
201809 1.872 106.507 2.316
201812 3.958 105.998 4.921
201903 -0.934 107.251 -1.148
201906 3.021 108.070 3.684
201909 1.301 108.329 1.583
201912 2.861 108.420 3.477
202003 7.537 108.902 9.120
202006 -1.662 108.767 -2.014
202009 2.361 109.815 2.833
202012 1.485 109.897 1.781
202103 -0.417 111.754 -0.492
202106 -3.521 114.631 -4.048
202109 -2.613 115.734 -2.975
202112 2.457 117.630 2.752
202203 0.186 121.301 0.202
202206 1.583 125.017 1.669
202209 2.090 125.227 2.199
202212 5.083 125.222 5.349
202303 2.749 127.348 2.845
202306 -0.519 128.729 -0.531
202309 -0.015 129.860 -0.015
202312 1.319 129.419 1.343
202403 -0.409 131.776 -0.409

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


Lelon Electronics  (TPE:2472) 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.

Lelon Electronics's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=81.20/3.12
=26.03

* 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 Lelon Electronics was 126.83. The lowest was 16.65. And the median was 33.55.


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.


Lelon Electronics Cyclically Adjusted FCF per Share Related Terms

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


Lelon Electronics (TPE:2472) Business Description

Industry
Traded in Other Exchanges
N/A
Address
147, Sec. 1, Guoguang Road, Dali District, Taichung, TWN, 412023
Lelon Electronics Corp The main activities of the Company include manufacturing, assembling, selling electronic components&parts, selling production machinery, and acting as an agent for the business operation investment and import and export trade of the preceding paragraph.

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