Nan Ya Printed Circuit Board (TPE:8046) Cyclically Adjusted FCF per Share: NT$4.06 (As of Mar. 2026)

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TPE:8046 Nan Ya Printed Circuit Board Corp TPE:8046
58 GF Score
Price NT$1,150.00
GF Value NT$222.43
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nan Ya Printed Circuit Board Cyclically Adjusted FCF per Share?

Nan Ya Printed Circuit Board TPE:8046 -9.80% 58 Cyclically Adjusted FCF per Share is NT$4.06 as of Mar. 2026. GuruFocus rates TPE:8046 with a GF Score™ of 58/100 and a GF Value™ of NT$222.43 (Significantly Overvalued). The stock has 5 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.

Nan Ya Printed Circuit Board's adjusted free cash flow per share for the three months ended in Mar. 2026 was NT$2.425. 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$4.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nan Ya Printed Circuit Board's average Cyclically Adjusted FCF Growth Rate was 14.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 73.20% 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 Nan Ya Printed Circuit Board was 162.90% per year. The lowest was 2.70% per year. And the median was 82.90% per year.

As of today (2026-07-19), Nan Ya Printed Circuit Board's current stock price is NT$1150.00. Nan Ya Printed Circuit Board's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was NT$4.06. Nan Ya Printed Circuit Board's Cyclically Adjusted Price-to-FCF of today is 283.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nan Ya Printed Circuit Board was 3275.00. The lowest was 23.64. And the median was 78.69.


Nan Ya Printed Circuit Board  (TPE:8046) 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.

Nan Ya Printed Circuit Board's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1150.00/4.06
=283.25

* 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 Nan Ya Printed Circuit Board was 3275.00. The lowest was 23.64. And the median was 78.69.


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.


Nan Ya Printed Circuit Board Cyclically Adjusted FCF per Share Related Terms


Nan Ya Printed Circuit Board Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Nan Ya Printed Circuit Board'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.

Nan Ya Printed Circuit Board Cyclically Adjusted FCF per Share Chart

Nan Ya Printed Circuit Board 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 0.60 3.17 4.18 3.67 3.43

Nan Ya Printed Circuit Board Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.54 3.32 3.13 3.43 4.06

TPE:8046 vs APH, GLW: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, Nan Ya Printed Circuit Board'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.


Nan Ya Printed Circuit Board Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Nan Ya Printed Circuit Board's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Nan Ya Printed Circuit Board's Cyclically Adjusted Price-to-FCF falls into.


TPE:8046
58GF Score
Nan Ya Printed Circuit Board Corp TPE:8046
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nan Ya Printed Circuit Board 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, Nan Ya Printed Circuit Board's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.425/330.2130*330.2130
=2.425

Current CPI (Mar. 2026) = 330.2130.

Nan Ya Printed Circuit Board Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.629 241.018 0.862
201609 -1.404 241.428 -1.920
201612 0.499 241.432 0.682
201703 -1.106 243.801 -1.498
201706 -0.786 244.955 -1.060
201709 -1.218 246.819 -1.630
201712 1.237 246.524 1.657
201803 -1.673 249.554 -2.214
201806 -0.598 251.989 -0.784
201809 -1.718 252.439 -2.247
201812 1.085 251.233 1.426
201903 -0.084 254.202 -0.109
201906 -0.739 256.143 -0.953
201909 -0.816 256.759 -1.049
201912 -0.363 256.974 -0.466
202003 0.208 258.115 0.266
202006 -1.605 257.797 -2.056
202009 -3.208 260.280 -4.070
202012 3.400 260.474 4.310
202103 0.276 264.877 0.344
202106 3.327 271.696 4.044
202109 4.369 274.310 5.259
202112 3.597 278.802 4.260
202203 0.992 287.504 1.139
202206 9.485 296.311 10.570
202209 8.770 296.808 9.757
202212 4.566 296.797 5.080
202303 5.080 301.836 5.558
202306 -0.448 305.109 -0.485
202309 -1.269 307.789 -1.361
202312 3.967 306.746 4.270
202403 -0.098 312.332 -0.104
202406 -1.665 314.175 -1.750
202409 -0.347 315.301 -0.363
202412 1.805 315.605 1.889
202503 -0.527 319.799 -0.544
202506 -1.184 322.561 -1.212
202509 -0.525 324.800 -0.534
202512 3.175 324.054 3.235
202603 2.425 330.213 2.425

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$4.06 mean?
Nan Ya Printed Circuit Board (TPE:8046) has a Cyclically Adjusted FCF per Share of NT$4.06 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Nan Ya Printed Circuit Board and its competitors.
Is Nan Ya Printed Circuit Board's Cyclically Adjusted FCF per Share too high?
Nan Ya Printed Circuit Board's current Cyclically Adjusted FCF per Share is NT$4.06. Overall, Nan Ya Printed Circuit Board has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nan Ya Printed Circuit Board's Cyclically Adjusted FCF per Share compare to APH and GLW?
Nan Ya Printed Circuit Board's Cyclically Adjusted FCF per Share of NT$4.06 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 Nan Ya Printed Circuit Board and its competitors. Nan Ya Printed Circuit Board's current Cyclically Adjusted FCF per Share is NT$4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nan Ya Printed Circuit Board stock overvalued right now?
Based on GuruFocus' analysis, Nan Ya Printed Circuit Board (TPE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$222.43, compared to a current price of NT$1,150.00 — trading 417% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$4.06. Nan Ya Printed Circuit Board's overall GF Score™ is 58/100 with 5 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 Nan Ya Printed Circuit Board (TPE:8046), the current Cyclically Adjusted FCF per Share is NT$4.06 as of Mar. 2026. 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 Nan Ya Printed Circuit Board (TPE:8046) Overvalued in 2026?

Based on GuruFocus' analysis, Nan Ya Printed Circuit Board stock appears to be overvalued. The current stock price of NT$1,150.00 is trading 417% above its estimated GF Value™ of NT$222.43. GuruFocus considers Nan Ya Printed Circuit Board to be Significantly Overvalued.

Key valuation signals for TPE:8046:

  • Cyclically Adjusted FCF per Share: NT$4.06
  • GF Value™: NT$222.43 vs. price of NT$1,150.00 (417% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the TPE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nan Ya Printed Circuit Board Business Description

Address Nanjing East Road, 7th Floor, No. 390, Section 6, Neihu District, Taipei, TWN
Nan Ya Printed Circuit Board Corp is engaged in the production, manufacturing, and research and development of Printed Circuit Boards (PCBs) and integrated circuit substrates. The company has three operating segments: the Domestic segment, the American segment, and the Asian segment. Its geographical markets are Taiwan, the USA, Mainland China, Korea, and Others. The company generates a majority of its revenue from the Domestic segment.
58GF Score

Get the complete analysis for TPE:8046

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

NT$1,150.00
Price
NT$222.43
GF Value