Ya Horng Electronic Co (TPE:6201) Cyclically Adjusted FCF per Share: NT$2.86 (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:6201 Ya Horng Electronic Co Ltd TPE:6201
81 GF Score
Price NT$49.00
GF Value NT$57.10
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ya Horng Electronic Co Cyclically Adjusted FCF per Share?

Ya Horng Electronic Co TPE:6201 -0.41% 81 Cyclically Adjusted FCF per Share is NT$2.86 as of Dec. 2025. GuruFocus rates TPE:6201 with a GF Score™ of 81/100 and a GF Value™ of NT$57.10 (Modestly Undervalued). The stock has 2 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.

Ya Horng Electronic Co's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$-0.692. 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$2.86 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ya Horng Electronic Co's average Cyclically Adjusted FCF Growth Rate was -3.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% 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 Ya Horng Electronic Co was 17.20% per year. The lowest was 4.30% per year. And the median was 9.30% per year.

As of today (2026-07-16), Ya Horng Electronic Co's current stock price is NT$49.00. Ya Horng Electronic Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$2.86. Ya Horng Electronic Co's Cyclically Adjusted Price-to-FCF of today is 17.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ya Horng Electronic Co was 27.30. The lowest was 13.84. And the median was 17.83.


Ya Horng Electronic Co  (TPE:6201) 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.

Ya Horng Electronic Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=49.00/2.86
=17.13

* 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 Ya Horng Electronic Co was 27.30. The lowest was 13.84. And the median was 17.83.


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.


Ya Horng Electronic Co Cyclically Adjusted FCF per Share Related Terms


Ya Horng Electronic Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ya Horng Electronic 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.

Ya Horng Electronic Co Cyclically Adjusted FCF per Share Chart

Ya Horng Electronic Co 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 2.06 2.43 3.04 2.97 2.86

Ya Horng Electronic Co 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 2.97 3.15 3.26 3.19 2.86

TPE:6201 vs SN, SGI, MHK: Cyclically Adjusted FCF per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ya Horng Electronic 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.


Ya Horng Electronic Co Cyclically Adjusted Price-to-FCF vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ya Horng Electronic Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ya Horng Electronic Co's Cyclically Adjusted Price-to-FCF falls into.


TPE:6201
81GF Score
Ya Horng Electronic Co Ltd TPE:6201
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ya Horng Electronic 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, Ya Horng Electronic Co'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)
=-0.692/324.0540*324.0540
=-0.692

Current CPI (Dec. 2025) = 324.0540.

Ya Horng Electronic Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.637 238.132 0.867
201606 1.206 241.018 1.621
201609 -0.109 241.428 -0.146
201612 -0.974 241.432 -1.307
201703 0.137 243.801 0.182
201706 0.250 244.955 0.331
201709 1.094 246.819 1.436
201712 -0.852 246.524 -1.120
201803 1.131 249.554 1.469
201806 -0.675 251.989 -0.868
201809 -0.501 252.439 -0.643
201812 1.488 251.233 1.919
201903 1.768 254.202 2.254
201906 1.026 256.143 1.298
201909 -0.974 256.759 -1.229
201912 -0.652 256.974 -0.822
202003 0.522 258.115 0.655
202006 0.084 257.797 0.106
202009 0.958 260.280 1.193
202012 -0.749 260.474 -0.932
202103 -0.854 264.877 -1.045
202106 -0.594 271.696 -0.708
202109 1.295 274.310 1.530
202112 3.242 278.802 3.768
202203 0.588 287.504 0.663
202206 -0.142 296.311 -0.155
202209 1.446 296.808 1.579
202212 1.028 296.797 1.122
202303 1.673 301.836 1.796
202306 0.871 305.109 0.925
202309 2.514 307.789 2.647
202312 3.455 306.746 3.650
202403 2.383 312.332 2.472
202406 0.713 314.175 0.735
202409 0.326 315.301 0.335
202412 -0.107 315.605 -0.110
202503 1.788 319.799 1.812
202506 0.880 322.561 0.884
202509 1.119 324.800 1.116
202512 -0.692 324.054 -0.692

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$2.86 mean?
Ya Horng Electronic Co (TPE:6201) has a Cyclically Adjusted FCF per Share of NT$2.86 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 Ya Horng Electronic Co and its competitors.
Is Ya Horng Electronic Co's Cyclically Adjusted FCF per Share too high?
Ya Horng Electronic Co's current Cyclically Adjusted FCF per Share is NT$2.86. Overall, Ya Horng Electronic Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ya Horng Electronic Co's Cyclically Adjusted FCF per Share compare to SN and SGI?
Ya Horng Electronic Co's Cyclically Adjusted FCF per Share of NT$2.86 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted FCF per Share depends on the Furnishings, Fixtures & Appliances 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 Ya Horng Electronic Co and its competitors. Ya Horng Electronic Co's current Cyclically Adjusted FCF per Share is NT$2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ya Horng Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Ya Horng Electronic Co (TPE:6201) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.10, compared to a current price of NT$49.00 — trading 14.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$2.86. Ya Horng Electronic Co's overall GF Score™ is 81/100 with 2 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 Ya Horng Electronic Co (TPE:6201), the current Cyclically Adjusted FCF per Share is NT$2.86 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 Ya Horng Electronic Co (TPE:6201) Overvalued in 2026?

Based on GuruFocus' analysis, Ya Horng Electronic Co stock appears to be undervalued. The current stock price of NT$49.00 is trading 14.2% below its estimated GF Value™ of NT$57.10. GuruFocus considers Ya Horng Electronic Co to be Modestly Undervalued.

Key valuation signals for TPE:6201:

  • Cyclically Adjusted FCF per Share: NT$2.86
  • GF Value™: NT$57.10 vs. price of NT$49.00 (14.2% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the TPE:6201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ya Horng Electronic Co Business Description

Address No.35 Shalun, Anding Dist. Zhongsha Village, Tainan City, TWN, 745002
Ya Horng Electronic Co Ltd is a Taiwan-based electronic components manufacturing company. It is engaged in the production and sales of household appliances. The Company's main profitable business projects are the electronic audio messaging, small household appliances, medical devices, and electronic components.
81GF Score

Get the complete analysis for TPE:6201

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

NT$49.00
Price
NT$57.10
GF Value