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Weikeng Industrial Co (TPE:3033) Cyclically Adjusted FCF per Share : NT$-2.07 (As of Mar. 2024)


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What is Weikeng Industrial 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.

Weikeng Industrial Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-3.277. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-2.07 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -10.40% 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 Weikeng Industrial Co was -10.40% per year. The lowest was -20.90% per year. And the median was -15.65% per year.

As of today (2024-06-24), Weikeng Industrial Co's current stock price is NT$38.45. Weikeng Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-2.07. Weikeng Industrial Co's Cyclically Adjusted Price-to-FCF of today is .


Weikeng Industrial Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Weikeng Industrial 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.

Weikeng Industrial Co Cyclically Adjusted FCF per Share Chart

Weikeng Industrial 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 -1.50 -1.44 -1.43 -2.65 -1.94

Weikeng Industrial 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 -2.56 -2.67 -2.51 -1.94 -2.07

Competitive Comparison of Weikeng Industrial Co's Cyclically Adjusted FCF per Share

For the Electronics & Computer Distribution subindustry, Weikeng Industrial 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.


Weikeng Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Weikeng Industrial Co's Cyclically Adjusted Price-to-FCF falls into.



Weikeng Industrial 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, Weikeng Industrial 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)
=-3.277/131.7762*131.7762
=-3.277

Current CPI (Mar. 2024) = 131.7762.

Weikeng Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.853 100.560 -1.118
201409 -0.766 100.428 -1.005
201412 0.338 99.070 0.450
201503 3.748 99.621 4.958
201506 1.331 100.684 1.742
201509 -2.730 100.392 -3.583
201512 -1.065 99.792 -1.406
201603 -0.829 100.470 -1.087
201606 -1.501 101.688 -1.945
201609 -1.942 101.861 -2.512
201612 -2.749 101.863 -3.556
201703 1.597 102.862 2.046
201706 -0.377 103.349 -0.481
201709 -2.119 104.136 -2.681
201712 0.576 104.011 0.730
201803 -0.093 105.290 -0.116
201806 -0.334 106.317 -0.414
201809 -5.293 106.507 -6.549
201812 -0.543 105.998 -0.675
201903 0.936 107.251 1.150
201906 1.516 108.070 1.849
201909 1.229 108.329 1.495
201912 4.569 108.420 5.553
202003 -4.022 108.902 -4.867
202006 3.871 108.767 4.690
202009 -1.620 109.815 -1.944
202012 1.050 109.897 1.259
202103 -0.384 111.754 -0.453
202106 4.008 114.631 4.607
202109 -2.862 115.734 -3.259
202112 -2.396 117.630 -2.684
202203 2.145 121.301 2.330
202206 -6.896 125.017 -7.269
202209 -7.985 125.227 -8.403
202212 3.403 125.222 3.581
202303 3.353 127.348 3.470
202306 -3.888 128.729 -3.980
202309 -0.598 129.860 -0.607
202312 3.231 129.419 3.290
202403 -3.277 131.776 -3.277

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


Weikeng Industrial Co  (TPE:3033) 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.


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.


Weikeng Industrial Co Cyclically Adjusted FCF per Share Related Terms

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


Weikeng Industrial Co (TPE:3033) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 308, Neihu Road, 11th Floor, Section 1, Neihu District, Taipei, TWN, 114
Weikeng Industrial Co Ltd is mainly engaged in the distribution of various semiconductor electronic components, information access products, and the provision of technical services. Its product solution includes Data Center; IoT Application; Automotive; Networking; Industrial and Consumer. Geographically, it derives a majority of its revenue from China.

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