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Accton Technology (Accton Technology) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Accton Technology Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accton Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Accton Technology's Cyclically Adjusted Price-to-FCF 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.

Accton Technology Cyclically Adjusted Price-to-FCF Chart

Accton Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.28 84.22 64.63 44.90 65.30

Accton Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 52.48 54.79 70.49 65.30 54.16

Competitive Comparison of Accton Technology's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Accton 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.


Accton Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Accton Technology Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Accton Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Accton Technology'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)
=0.223/131.7762*131.7762
=0.223

Current CPI (Mar. 2024) = 131.7762.

Accton Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.004 100.560 -0.005
201409 0.038 100.428 0.050
201412 -0.014 99.070 -0.019
201503 0.030 99.621 0.040
201506 0.114 100.684 0.149
201509 0.094 100.392 0.123
201512 -0.027 99.792 -0.036
201603 -0.042 100.470 -0.055
201606 0.051 101.688 0.066
201609 0.157 101.861 0.203
201612 0.187 101.863 0.242
201703 -0.101 102.862 -0.129
201706 -0.051 103.349 -0.065
201709 -0.051 104.136 -0.065
201712 0.048 104.011 0.061
201803 0.250 105.290 0.313
201806 -0.265 106.317 -0.328
201809 0.088 106.507 0.109
201812 0.129 105.998 0.160
201903 0.111 107.251 0.136
201906 0.170 108.070 0.207
201909 0.049 108.329 0.060
201912 0.587 108.420 0.713
202003 -0.044 108.902 -0.053
202006 -0.114 108.767 -0.138
202009 0.193 109.815 0.232
202012 0.329 109.897 0.395
202103 0.207 111.754 0.244
202106 -0.101 114.631 -0.116
202109 -0.112 115.734 -0.128
202112 0.088 117.630 0.099
202203 -0.027 121.301 -0.029
202206 0.009 125.017 0.009
202209 0.820 125.227 0.863
202212 0.196 125.222 0.206
202303 0.426 127.348 0.441
202306 0.152 128.729 0.156
202309 0.423 129.860 0.429
202312 0.851 129.419 0.866
202403 0.223 131.776 0.223

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


Accton Technology  (GREY:ACCCY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Accton Technology Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Accton Technology's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Accton Technology (Accton Technology) Business Description

Industry
Traded in Other Exchanges
Address
No. 1, Creation 3rd Road, Hsinchu Science Park, East District, Hsinchu, TWN, 30077
Accton Technology Corp develops, manufactures and sells innovative high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company is Switch, Network Application, Metro Access Switch, Other and Wireless. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Taiwan, the rest of Asia, Europe, and other regions.

Accton Technology (Accton Technology) Headlines

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