Adlink Technology (TPE:6166) Cyclically Adjusted FCF per Share: NT$-0.25 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6166 Adlink Technology Inc TPE:6166
73 GF Score
Price NT$119.50
GF Value NT$76.11
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Adlink Technology Cyclically Adjusted FCF per Share?

Adlink Technology TPE:6166 -6.64% 73 Cyclically Adjusted FCF per Share is NT$-0.25 as of Dec. 2025. GuruFocus rates TPE:6166 with a GF Score™ of 73/100 and a GF Value™ of NT$76.11 (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.

Adlink Technology's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$2.339. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-0.25 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -40.60% 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 Adlink Technology was -40.60% per year. The lowest was -40.60% per year. And the median was -40.60% per year.

As of today (2026-07-19), Adlink Technology's current stock price is NT$119.50. Adlink Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$-0.25. Adlink Technology's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Adlink Technology was 116.90. The lowest was 17.82. And the median was 27.25.


Adlink Technology  (TPE:6166) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Adlink Technology was 116.90. The lowest was 17.82. And the median was 27.25.


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.


Adlink Technology Cyclically Adjusted FCF per Share Related Terms


Adlink Technology Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Adlink Technology'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.

Adlink Technology Cyclically Adjusted FCF per Share Chart

Adlink Technology 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 0.00 -0.09 -0.38 -0.12 -0.25

Adlink Technology 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 -0.12 -0.33 -0.54 -0.34 -0.25

TPE:6166 vs SNDK, DELL, STX: Cyclically Adjusted FCF per Share Comparison

For the Computer Hardware subindustry, Adlink Technology'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.


Adlink Technology Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


TPE:6166
73GF Score
Adlink Technology Inc TPE:6166
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adlink Technology 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, Adlink Technology'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)
=2.339/324.0540*324.0540
=2.339

Current CPI (Dec. 2025) = 324.0540.

Adlink Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 1.679 238.132 2.285
201606 -1.279 241.018 -1.720
201609 1.595 241.428 2.141
201612 0.334 241.432 0.448
201703 1.418 243.801 1.885
201706 0.566 244.955 0.749
201709 0.041 246.819 0.054
201712 -0.968 246.524 -1.272
201803 -0.217 249.554 -0.282
201806 -0.253 251.989 -0.325
201809 0.432 252.439 0.555
201812 0.089 251.233 0.115
201903 1.025 254.202 1.307
201906 0.803 256.143 1.016
201909 1.659 256.759 2.094
201912 1.252 256.974 1.579
202003 3.606 258.115 4.527
202006 -2.521 257.797 -3.169
202009 -1.755 260.280 -2.185
202012 0.734 260.474 0.913
202103 -12.302 264.877 -15.050
202106 -2.240 271.696 -2.672
202109 -3.416 274.310 -4.035
202112 -3.251 278.802 -3.779
202203 -0.789 287.504 -0.889
202206 -0.461 296.311 -0.504
202209 1.970 296.808 2.151
202212 2.491 296.797 2.720
202303 0.787 301.836 0.845
202306 0.334 305.109 0.355
202309 -0.858 307.789 -0.903
202312 0.988 306.746 1.044
202403 0.498 312.332 0.517
202406 1.067 314.175 1.101
202409 0.716 315.301 0.736
202412 2.374 315.605 2.438
202503 1.363 319.799 1.381
202506 -2.743 322.561 -2.756
202509 1.721 324.800 1.717
202512 2.339 324.054 2.339

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$-0.25 mean?
Adlink Technology (TPE:6166) has a Cyclically Adjusted FCF per Share of NT$-0.25 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 Adlink Technology and its competitors.
Is Adlink Technology's Cyclically Adjusted FCF per Share too high?
Adlink Technology's current Cyclically Adjusted FCF per Share is NT$-0.25. Overall, Adlink Technology has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adlink Technology's Cyclically Adjusted FCF per Share compare to SNDK and DELL?
Adlink Technology's Cyclically Adjusted FCF per Share of NT$-0.25 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 Adlink Technology and its competitors. Adlink Technology's current Cyclically Adjusted FCF per Share is NT$-0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adlink Technology stock overvalued right now?
Based on GuruFocus' analysis, Adlink Technology (TPE:6166) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$76.11, compared to a current price of NT$119.50 — trading 57% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$-0.25. Adlink Technology's overall GF Score™ is 73/100 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 Adlink Technology (TPE:6166), the current Cyclically Adjusted FCF per Share is NT$-0.25 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 Adlink Technology (TPE:6166) Overvalued in 2026?

Based on GuruFocus' analysis, Adlink Technology stock appears to be overvalued. The current stock price of NT$119.50 is trading 57% above its estimated GF Value™ of NT$76.11. GuruFocus considers Adlink Technology to be Significantly Overvalued.

Key valuation signals for TPE:6166:

  • Cyclically Adjusted FCF per Share: NT$-0.25
  • GF Value™: NT$76.11 vs. price of NT$119.50 (57% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the TPE:6166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adlink Technology Business Description

Address No. 66, Huaya 1st Road, Guishan District, Taoyuan, TWN, 333411
Adlink Technology Inc is a Taiwan-based manufacturer and supplier of hardware, software, and peripheral devices of industrial computers. The firm has a product portfolio that includes motherboards, monitors, edge computing platforms, modules, smart touch computers, displays, cameras, generic solutions, telecom servers, and other computing products.
73GF Score

Get the complete analysis for TPE:6166

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

NT$119.50
Price
NT$76.11
GF Value