Apaq Technology Co (TPE:6449) Cyclically Adjusted FCF per Share: NT$1.38 (As of Dec. 2025)

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TPE:6449 Apaq Technology Co Ltd TPE:6449
76 GF Score
Price NT$254.00
GF Value NT$157.16
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Apaq Technology Co Cyclically Adjusted FCF per Share?

Apaq Technology Co TPE:6449 -8.63% 76 Cyclically Adjusted FCF per Share is NT$1.38 as of Dec. 2025. GuruFocus rates TPE:6449 with a GF Score™ of 76/100 and a GF Value™ of NT$157.16 (Significantly Overvalued). 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.

Apaq Technology Co's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$-0.352. 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$1.38 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Apaq Technology Co's average Cyclically Adjusted FCF Growth Rate was -7.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.10% 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 Apaq Technology Co was 14.10% per year. The lowest was 14.10% per year. And the median was 14.10% per year.

As of today (2026-07-19), Apaq Technology Co's current stock price is NT$254.00. Apaq Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$1.38. Apaq Technology Co's Cyclically Adjusted Price-to-FCF of today is 184.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Apaq Technology Co was 313.77. The lowest was 42.50. And the median was 75.50.


Apaq Technology Co  (TPE:6449) 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.

Apaq Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=254.00/1.38
=184.06

* 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 Apaq Technology Co was 313.77. The lowest was 42.50. And the median was 75.50.


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.


Apaq Technology Co Cyclically Adjusted FCF per Share Related Terms


Apaq Technology Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Apaq Technology 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.

Apaq Technology Co Cyclically Adjusted FCF per Share Chart

Apaq Technology 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 0.00 0.93 1.22 1.49 1.38

Apaq Technology 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 1.49 1.49 1.59 1.51 1.38

TPE:6449 vs APH, GLW: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, Apaq Technology 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.


Apaq Technology Co Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


TPE:6449
76GF Score
Apaq Technology Co Ltd TPE:6449
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apaq Technology 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, Apaq Technology 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)
=-0.352/324.0540*324.0540
=-0.352

Current CPI (Dec. 2025) = 324.0540.

Apaq Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.840 238.132 1.143
201606 0.328 241.018 0.441
201609 0.070 241.428 0.094
201612 -1.097 241.432 -1.472
201703 1.587 243.801 2.109
201706 0.567 244.955 0.750
201709 -0.160 246.819 -0.210
201712 -0.850 246.524 -1.117
201803 -1.153 249.554 -1.497
201806 -1.079 251.989 -1.388
201809 -2.660 252.439 -3.415
201812 0.427 251.233 0.551
201903 0.961 254.202 1.225
201906 -0.576 256.143 -0.729
201909 0.966 256.759 1.219
201912 1.411 256.974 1.779
202003 1.095 258.115 1.375
202006 0.464 257.797 0.583
202009 -0.066 260.280 -0.082
202012 0.146 260.474 0.182
202103 -0.017 264.877 -0.021
202106 -0.260 271.696 -0.310
202109 -0.381 274.310 -0.450
202112 -0.295 278.802 -0.343
202203 0.570 287.504 0.642
202206 1.405 296.311 1.537
202209 1.395 296.808 1.523
202212 0.204 296.797 0.223
202303 1.354 301.836 1.454
202306 1.263 305.109 1.341
202309 0.235 307.789 0.247
202312 0.634 306.746 0.670
202403 2.357 312.332 2.445
202406 1.076 314.175 1.110
202409 0.844 315.301 0.867
202412 0.251 315.605 0.258
202503 1.608 319.799 1.629
202506 0.437 322.561 0.439
202509 -0.646 324.800 -0.645
202512 -0.352 324.054 -0.352

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$1.38 mean?
Apaq Technology Co (TPE:6449) has a Cyclically Adjusted FCF per Share of NT$1.38 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 Apaq Technology Co and its competitors.
Is Apaq Technology Co's Cyclically Adjusted FCF per Share too high?
Apaq Technology Co's current Cyclically Adjusted FCF per Share is NT$1.38. Overall, Apaq Technology Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apaq Technology Co's Cyclically Adjusted FCF per Share compare to APH and GLW?
Apaq Technology Co's Cyclically Adjusted FCF per Share of NT$1.38 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 Apaq Technology Co and its competitors. Apaq Technology Co's current Cyclically Adjusted FCF per Share is NT$1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apaq Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Apaq Technology Co (TPE:6449) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$157.16, compared to a current price of NT$254.00 — trading 61.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$1.38. Apaq Technology Co's overall GF Score™ is 76/100 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 Apaq Technology Co (TPE:6449), the current Cyclically Adjusted FCF per Share is NT$1.38 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 Apaq Technology Co (TPE:6449) Overvalued in 2026?

Based on GuruFocus' analysis, Apaq Technology Co stock appears to be overvalued. The current stock price of NT$254.00 is trading 61.6% above its estimated GF Value™ of NT$157.16. GuruFocus considers Apaq Technology Co to be Significantly Overvalued.

Key valuation signals for TPE:6449:

  • Cyclically Adjusted FCF per Share: NT$1.38
  • GF Value™: NT$157.16 vs. price of NT$254.00 (61.6% above fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the TPE:6449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apaq Technology Co Business Description

Address No. 2 & 6, Kedong 3rd Road, 4th Floor, Zhunan Township, Miaoli County, Miaoli, TWN, 350401
Apaq Technology Co Ltd is a Taiwan-based company that focuses on the research, development, manufacturing, and sales of electronic components. The company generates revenues by selling products that include ultra-small, high temperature-resistant, long-life, low impedance electrolytic capacitors and coiled conductive polymer solid capacitors. Geographically, the company has a presence in Asia, Taiwan, and Other countries.
76GF Score

Get the complete analysis for TPE:6449

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

NT$254.00
Price
NT$157.16
GF Value