GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zero One Technology Co Ltd (TPE:3029) » Definitions » Cyclically Adjusted FCF per Share

Zero One Technology Co (TPE:3029) Cyclically Adjusted FCF per Share : NT$2.33 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Zero One Technology 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.

Zero One Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$1.712. 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$2.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zero One Technology Co's average Cyclically Adjusted FCF Growth Rate was 66.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 30.00% 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 Zero One Technology Co was 30.00% per year. The lowest was 20.20% per year. And the median was 25.10% per year.

As of today (2024-05-31), Zero One Technology Co's current stock price is NT$73.00. Zero One Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.33. Zero One Technology Co's Cyclically Adjusted Price-to-FCF of today is 31.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Zero One Technology Co was 58.05. The lowest was 20.86. And the median was 35.13.


Zero One Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Zero One 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.

* Premium members only.

Zero One Technology Co Cyclically Adjusted FCF per Share Chart

Zero One Technology 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 0.76 1.01 1.34 1.32 2.22

Zero One Technology 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 1.40 2.16 2.25 2.22 2.33

Competitive Comparison of Zero One Technology Co's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Zero One 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.


Zero One Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Zero One 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, Zero One Technology 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)
=1.712/131.7762*131.7762
=1.712

Current CPI (Mar. 2024) = 131.7762.

Zero One Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.001 100.560 -0.001
201409 0.459 100.428 0.602
201412 -1.650 99.070 -2.195
201503 0.982 99.621 1.299
201506 1.848 100.684 2.419
201509 -0.399 100.392 -0.524
201512 1.232 99.792 1.627
201603 1.545 100.470 2.026
201606 -0.224 101.688 -0.290
201609 -1.078 101.861 -1.395
201612 1.319 101.863 1.706
201703 1.956 102.862 2.506
201706 0.947 103.349 1.207
201709 -0.701 104.136 -0.887
201712 0.784 104.011 0.993
201803 2.528 105.290 3.164
201806 -0.360 106.317 -0.446
201809 -2.588 106.507 -3.202
201812 0.766 105.998 0.952
201903 -0.248 107.251 -0.305
201906 1.615 108.070 1.969
201909 0.664 108.329 0.808
201912 1.101 108.420 1.338
202003 2.137 108.902 2.586
202006 1.202 108.767 1.456
202009 -0.535 109.815 -0.642
202012 -0.695 109.897 -0.833
202103 0.514 111.754 0.606
202106 0.075 114.631 0.086
202109 0.761 115.734 0.866
202112 1.217 117.630 1.363
202203 0.242 121.301 0.263
202206 3.699 125.017 3.899
202209 -3.540 125.227 -3.725
202212 -1.187 125.222 -1.249
202303 0.801 127.348 0.829
202306 3.895 128.729 3.987
202309 1.923 129.860 1.951
202312 -3.138 129.419 -3.195
202403 1.712 131.776 1.712

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


Zero One Technology Co  (TPE:3029) 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.

Zero One 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
=73.00/2.33
=31.33

* 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 Zero One Technology Co was 58.05. The lowest was 20.86. And the median was 35.13.


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.


Zero One Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Zero One Technology Co (TPE:3029) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 8, Lane 360, Neihu Road, Section 1, 10th Floor, Neihu District, Taipei City, TWN, 114
Zero One Technology Co Ltd is engaged in the design, manufacturing, packaging, selling, consulting, and services of electronic information, computer software, hardware, accessories, components, and Chinese data processing. It provides system management, information security, network equipment, storage, backup, virtualization, video surveillance, cloud services, big data, and labor. It operates in two segments: Brand agent business division and Other.

Zero One Technology Co (TPE:3029) Headlines

No Headlines