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Taimide Tech (TPE:3645) Cyclically Adjusted FCF per Share : NT$0.16 (As of Mar. 2024)


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What is Taimide Tech 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.

Taimide Tech's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.397. 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$0.16 for the trailing ten years ended in Mar. 2024.

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 Taimide Tech was 34.30% per year. The lowest was 34.30% per year. And the median was 34.30% per year.

As of today (2024-05-15), Taimide Tech's current stock price is NT$42.25. Taimide Tech's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.16. Taimide Tech's Cyclically Adjusted Price-to-FCF of today is 264.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Taimide Tech was 2225.00. The lowest was 250.94. And the median was 612.14.


Taimide Tech Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Taimide Tech'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.

Taimide Tech Cyclically Adjusted FCF per Share Chart

Taimide Tech 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 -0.67 -0.72 -0.58 -0.19 0.07

Taimide Tech 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 -0.11 -0.03 0.02 0.07 0.16

Competitive Comparison of Taimide Tech's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Taimide Tech'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.


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

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

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



Taimide Tech 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, Taimide Tech'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)
=-0.397/129.4194*129.4194
=-0.397

Current CPI (Mar. 2024) = 129.4194.

Taimide Tech Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.540 100.560 -0.695
201409 -0.064 100.428 -0.082
201412 -1.435 99.070 -1.875
201503 0.163 99.621 0.212
201506 -0.794 100.684 -1.021
201509 -0.055 100.392 -0.071
201512 0.251 99.792 0.326
201603 0.585 100.470 0.754
201606 0.035 101.688 0.045
201609 1.248 101.861 1.586
201612 1.462 101.863 1.858
201703 0.739 102.862 0.930
201706 0.155 103.349 0.194
201709 -0.074 104.136 -0.092
201712 1.316 104.011 1.637
201803 0.210 105.290 0.258
201806 1.453 106.317 1.769
201809 -0.446 106.507 -0.542
201812 -1.777 105.998 -2.170
201903 -2.736 107.251 -3.302
201906 -1.657 108.070 -1.984
201909 -0.362 108.329 -0.432
201912 -0.152 108.420 -0.181
202003 0.056 108.902 0.067
202006 -0.313 108.767 -0.372
202009 0.442 109.815 0.521
202012 1.606 109.897 1.891
202103 0.618 111.754 0.716
202106 0.475 114.631 0.536
202109 0.323 115.734 0.361
202112 0.165 117.630 0.182
202203 -0.787 121.301 -0.840
202206 -0.088 125.017 -0.091
202209 0.157 125.227 0.162
202212 0.640 125.222 0.661
202303 0.068 127.348 0.069
202306 0.008 128.729 0.008
202309 0.018 129.860 0.018
202312 0.994 129.419 0.994
202403 -0.397 129.419 -0.397

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


Taimide Tech  (TPE:3645) 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.

Taimide Tech's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=42.25/0.16
=264.06

* 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 Taimide Tech was 2225.00. The lowest was 250.94. And the median was 612.14.


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.


Taimide Tech Cyclically Adjusted FCF per Share Related Terms

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


Taimide Tech (TPE:3645) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 127, Section 3, Wende Road, Xinpu Township, Hsinchu, TWN
Taimide Tech Inc is engaged in the research and development, manufacturing and sales of polyimide film (PI film) in Taiwan. It provides high modulus polyimide films, a low coefficient of thermal expansion polyimide films, and low dielectric constant polyimide films, among others.

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