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G-Tech Optoelectronics (TPE:3149) Cyclically Adjusted FCF per Share : NT$-4.97 (As of Mar. 2024)


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What is G-Tech Optoelectronics 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.

G-Tech Optoelectronics's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.224. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-4.97 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.00% 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 G-Tech Optoelectronics was 27.40% per year. The lowest was 26.00% per year. And the median was 26.70% per year.

As of today (2024-05-21), G-Tech Optoelectronics's current stock price is NT$24.50. G-Tech Optoelectronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-4.97. G-Tech Optoelectronics's Cyclically Adjusted Price-to-FCF of today is .


G-Tech Optoelectronics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for G-Tech Optoelectronics'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.

G-Tech Optoelectronics Cyclically Adjusted FCF per Share Chart

G-Tech Optoelectronics 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 -13.41 -11.85 -10.27 -5.13 -4.80

G-Tech Optoelectronics 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 -4.66 -4.50 -4.80 -4.80 -4.97

Competitive Comparison of G-Tech Optoelectronics's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, G-Tech Optoelectronics'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.


G-Tech Optoelectronics's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where G-Tech Optoelectronics's Cyclically Adjusted Price-to-FCF falls into.



G-Tech Optoelectronics 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, G-Tech Optoelectronics'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)
=-0.224/131.7762*131.7762
=-0.224

Current CPI (Mar. 2024) = 131.7762.

G-Tech Optoelectronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -5.836 100.560 -7.648
201409 -0.139 100.428 -0.182
201412 -2.957 99.070 -3.933
201503 -4.963 99.621 -6.565
201506 -9.175 100.684 -12.008
201509 -6.534 100.392 -8.577
201512 -2.990 99.792 -3.948
201603 4.195 100.470 5.502
201606 -3.498 101.688 -4.533
201609 -5.332 101.861 -6.898
201612 3.080 101.863 3.984
201703 -0.795 102.862 -1.018
201706 -1.406 103.349 -1.793
201709 -0.469 104.136 -0.593
201712 -1.888 104.011 -2.392
201803 0.845 105.290 1.058
201806 -1.247 106.317 -1.546
201809 -0.685 106.507 -0.848
201812 0.486 105.998 0.604
201903 0.280 107.251 0.344
201906 -0.736 108.070 -0.897
201909 1.837 108.329 2.235
201912 0.373 108.420 0.453
202003 0.140 108.902 0.169
202006 0.000 108.767 0.000
202009 0.084 109.815 0.101
202012 1.220 109.897 1.463
202103 -0.344 111.754 -0.406
202106 -0.100 114.631 -0.115
202109 0.395 115.734 0.450
202112 -0.233 117.630 -0.261
202203 0.483 121.301 0.525
202206 -0.444 125.017 -0.468
202209 -0.052 125.227 -0.055
202212 -0.346 125.222 -0.364
202303 0.220 127.348 0.228
202306 -0.233 128.729 -0.239
202309 0.196 129.860 0.199
202312 -0.296 129.419 -0.301
202403 -0.224 131.776 -0.224

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


G-Tech Optoelectronics  (TPE:3149) 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.


G-Tech Optoelectronics Cyclically Adjusted FCF per Share Related Terms

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


G-Tech Optoelectronics (TPE:3149) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 99, Zhongxing Road, Tongluo Shiang, Miaoli, TWN, 36647
G-Tech Optoelectronics Corp operates in an optoelectronic glass processing market. The company manufactures and markets optical glass products and electronic components. The company also provides surface processing of all kinds of architectural glass, as well as processing manufacturing services including tempering, shaping, laminating, and insulating. Optoelectronics BU is the revenue-generating segment; Green Building BU is the reportable segment for the group. The Optoelectronics BU is in charge of designing, manufacturing, and selling general consumer electronics vehicle glass as well as protective touch control glass for industrial control computers.

G-Tech Optoelectronics (TPE:3149) Headlines

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