Ta-I Technology Co (TPE:2478) Cyclically Adjusted FCF per Share: NT$2.87 (As of Dec. 2025)

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TPE:2478 Ta-I Technology Co Ltd TPE:2478
63 GF Score
Price NT$131.50
GF Value NT$56.03
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ta-I Technology Co Cyclically Adjusted FCF per Share?

Ta-I Technology Co TPE:2478 -4.71% 63 Cyclically Adjusted FCF per Share is NT$2.87 as of Dec. 2025. GuruFocus rates TPE:2478 with a GF Score™ of 63/100 and a GF Value™ of NT$56.03 (Significantly Overvalued). 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.

Ta-I Technology Co's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$0.527. 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$2.87 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ta-I Technology Co's average Cyclically Adjusted FCF Growth Rate was -10.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.10% 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 Ta-I Technology Co was 37.00% per year. The lowest was 7.00% per year. And the median was 19.60% per year.

As of today (2026-07-25), Ta-I Technology Co's current stock price is NT$131.50. Ta-I Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$2.87. Ta-I Technology Co's Cyclically Adjusted Price-to-FCF of today is 45.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ta-I Technology Co was 86.15. The lowest was 12.73. And the median was 20.77.


Ta-I Technology Co  (TPE:2478) 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.

Ta-I Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=131.50/2.87
=45.82

* 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 Ta-I Technology Co was 86.15. The lowest was 12.73. And the median was 20.77.


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.


Ta-I Technology Co Cyclically Adjusted FCF per Share Related Terms


Ta-I Technology Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ta-I Technology 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.

Ta-I Technology Co Cyclically Adjusted FCF per Share Chart

Ta-I Technology 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 2.30 2.34 3.03 3.22 2.87

Ta-I Technology 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 3.22 3.17 3.06 2.97 2.87

TPE:2478 vs APH, GLW: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, Ta-I Technology 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.


Ta-I Technology Co Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

* The bar in red indicates where Ta-I Technology Co's Cyclically Adjusted Price-to-FCF falls into.


TPE:2478
63GF Score
Ta-I Technology Co Ltd TPE:2478
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ta-I Technology 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, Ta-I Technology 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)
=0.527/324.0540*324.0540
=0.527

Current CPI (Dec. 2025) = 324.0540.

Ta-I Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.999 238.132 1.359
201606 -0.396 241.018 -0.532
201609 -0.183 241.428 -0.246
201612 0.784 241.432 1.052
201703 0.337 243.801 0.448
201706 -1.159 244.955 -1.533
201709 0.225 246.819 0.295
201712 0.051 246.524 0.067
201803 -0.348 249.554 -0.452
201806 -1.698 251.989 -2.184
201809 1.752 252.439 2.249
201812 1.982 251.233 2.556
201903 1.720 254.202 2.193
201906 0.416 256.143 0.526
201909 1.184 256.759 1.494
201912 1.272 256.974 1.604
202003 1.090 258.115 1.368
202006 -0.963 257.797 -1.211
202009 1.465 260.280 1.824
202012 2.743 260.474 3.413
202103 0.690 264.877 0.844
202106 0.046 271.696 0.055
202109 1.809 274.310 2.137
202112 -0.232 278.802 -0.270
202203 -0.359 287.504 -0.405
202206 0.768 296.311 0.840
202209 1.889 296.808 2.062
202212 1.410 296.797 1.539
202303 1.157 301.836 1.242
202306 0.636 305.109 0.675
202309 1.950 307.789 2.053
202312 -1.037 306.746 -1.096
202403 1.918 312.332 1.990
202406 -0.669 314.175 -0.690
202409 0.339 315.301 0.348
202412 1.531 315.605 1.572
202503 0.771 319.799 0.781
202506 0.137 322.561 0.138
202509 0.071 324.800 0.071
202512 0.527 324.054 0.527

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$2.87 mean?
Ta-I Technology Co (TPE:2478) has a Cyclically Adjusted FCF per Share of NT$2.87 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 Ta-I Technology Co and its competitors.
Is Ta-I Technology Co's Cyclically Adjusted FCF per Share too high?
Ta-I Technology Co's current Cyclically Adjusted FCF per Share is NT$2.87. Overall, Ta-I Technology Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ta-I Technology Co's Cyclically Adjusted FCF per Share compare to APH and GLW?
Ta-I Technology Co's Cyclically Adjusted FCF per Share of NT$2.87 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 Ta-I Technology Co and its competitors. Ta-I Technology Co's current Cyclically Adjusted FCF per Share is NT$2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta-I Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ta-I Technology Co (TPE:2478) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$56.03, compared to a current price of NT$131.50 — trading 134.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$2.87. Ta-I Technology Co's overall GF Score™ is 63/100 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 Ta-I Technology Co (TPE:2478), the current Cyclically Adjusted FCF per Share is NT$2.87 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 Ta-I Technology Co (TPE:2478) Overvalued in 2026?

Based on GuruFocus' analysis, Ta-I Technology Co stock appears to be overvalued. The current stock price of NT$131.50 is trading 134.7% above its estimated GF Value™ of NT$56.03. GuruFocus considers Ta-I Technology Co to be Significantly Overvalued.

Key valuation signals for TPE:2478:

  • Cyclically Adjusted FCF per Share: NT$2.87
  • GF Value™: NT$56.03 vs. price of NT$131.50 (134.7% above fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the TPE:2478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta-I Technology Co Business Description

Address No.4, Lane 17, Section 3, Nanshan Road, Luzhu District, Taoyuan, TWN
Ta-I Technology Co Ltd manufactures chip resistors in Taiwan. Its product portfolio comprises thick film resistors, thick film resistor networks, thick film integrated circuits, surface mount and assembly, and other electronic parts and components. The Group has only one reportable segment, that is the chip resistor product segment.
63GF Score

Get the complete analysis for TPE:2478

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

NT$131.50
Price
NT$56.03
GF Value