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Shun On Electronic Co (TPE:6283) Cyclically Adjusted FCF per Share : NT$-1.00 (As of Mar. 2024)


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What is Shun On Electronic 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.

Shun On Electronic Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.018. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-1.00 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.60% 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 Shun On Electronic Co was 7.60% per year. The lowest was -18.60% per year. And the median was -5.50% per year.

As of today (2024-06-06), Shun On Electronic Co's current stock price is NT$30.60. Shun On Electronic Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-1.00. Shun On Electronic Co's Cyclically Adjusted Price-to-FCF of today is .


Shun On Electronic Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shun On 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.

* Premium members only.

Shun On Electronic Co Cyclically Adjusted FCF per Share Chart

Shun On Electronic 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 -1.12 -1.28 -1.70 -1.87 -1.01

Shun On Electronic 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 -1.53 -1.45 -1.34 -1.01 -1.00

Competitive Comparison of Shun On Electronic Co's Cyclically Adjusted FCF per Share

For the Consumer Electronics subindustry, Shun On 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.


Shun On Electronic Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Shun On 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, Shun On Electronic 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)
=0.018/131.7762*131.7762
=0.018

Current CPI (Mar. 2024) = 131.7762.

Shun On Electronic Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.689 100.560 -0.903
201409 -0.468 100.428 -0.614
201412 1.124 99.070 1.495
201503 0.120 99.621 0.159
201506 -0.804 100.684 -1.052
201509 -0.978 100.392 -1.284
201512 0.893 99.792 1.179
201603 0.001 100.470 0.001
201606 -0.007 101.688 -0.009
201609 0.589 101.861 0.762
201612 0.123 101.863 0.159
201703 -0.005 102.862 -0.006
201706 -0.076 103.349 -0.097
201709 0.136 104.136 0.172
201712 0.125 104.011 0.158
201803 -0.663 105.290 -0.830
201806 -0.095 106.317 -0.118
201809 -0.498 106.507 -0.616
201812 -0.263 105.998 -0.327
201903 -0.559 107.251 -0.687
201906 0.315 108.070 0.384
201909 -0.881 108.329 -1.072
201912 0.086 108.420 0.105
202003 0.125 108.902 0.151
202006 -0.813 108.767 -0.985
202009 -0.279 109.815 -0.335
202012 -0.888 109.897 -1.065
202103 -1.395 111.754 -1.645
202106 -1.094 114.631 -1.258
202109 -0.042 115.734 -0.048
202112 0.095 117.630 0.106
202203 -0.285 121.301 -0.310
202206 -0.009 125.017 -0.009
202209 -1.030 125.227 -1.084
202212 -0.370 125.222 -0.389
202303 1.010 127.348 1.045
202306 -1.258 128.729 -1.288
202309 -0.084 129.860 -0.085
202312 0.230 129.419 0.234
202403 0.018 131.776 0.018

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


Shun On Electronic Co  (TPE:6283) 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.


Shun On Electronic Co Cyclically Adjusted FCF per Share Related Terms

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


Shun On Electronic Co (TPE:6283) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lane 146,Xinhu 2nd Road, 2nd floor, No 19, Neihu District, Taipei, TWN, 11494
Shun On Electronic Co Ltd is a Taiwan-based company engaged in the research, manufacturing, and sales of intelligent products, including conductive films and automotive products. It offers membranes, overlays and domes, keypads, housing, and touch keys for mobile phones.

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