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GlobalWafers Co (LUX:GLOBW) Cyclically Adjusted Price-to-FCF : 25.86 (As of Sep. 22, 2024)


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What is GlobalWafers Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-22), GlobalWafers Co's current share price is $18.10. GlobalWafers Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $0.70. GlobalWafers Co's Cyclically Adjusted Price-to-FCF for today is 25.86.

The historical rank and industry rank for GlobalWafers Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LUX:GLOBW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.45   Med: 20.29   Max: 25.8
Current: 20.19

During the past years, GlobalWafers Co's highest Cyclically Adjusted Price-to-FCF was 25.80. The lowest was 14.45. And the median was 20.29.

LUX:GLOBW's Cyclically Adjusted Price-to-FCF is ranked better than
73.2% of 291 companies
in the Semiconductors industry
Industry Median: 37.89 vs LUX:GLOBW: 20.19

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.

GlobalWafers Co's adjusted free cash flow per share data for the three months ended in Jun. 2024 was $-0.546. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.70 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GlobalWafers Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GlobalWafers Co'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.

GlobalWafers Co Cyclically Adjusted Price-to-FCF Chart

GlobalWafers Co 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 - - - - 22.39

GlobalWafers Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 16.39 15.90 22.39 22.76 23.66

Competitive Comparison of GlobalWafers Co's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, GlobalWafers 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.


GlobalWafers Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



GlobalWafers Co 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.

GlobalWafers Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.10/0.7
=25.86

* 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.

GlobalWafers Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, GlobalWafers Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.546/132.5538*132.5538
=-0.546

Current CPI (Jun. 2024) = 132.5538.

GlobalWafers Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.098 100.428 0.129
201412 0.057 99.070 0.076
201503 0.037 99.621 0.049
201506 0.038 100.684 0.050
201509 0.092 100.392 0.121
201512 0.040 99.792 0.053
201603 0.014 100.470 0.018
201606 -0.043 101.688 -0.056
201609 0.000 101.861 0.000
201612 0.131 101.863 0.170
201703 -0.091 102.862 -0.117
201706 0.170 103.349 0.218
201709 0.327 104.136 0.416
201712 0.602 104.011 0.767
201803 0.706 105.290 0.889
201806 0.346 106.317 0.431
201809 0.894 106.507 1.113
201812 0.284 105.998 0.355
201903 0.375 107.251 0.463
201906 0.204 108.070 0.250
201909 0.039 108.329 0.048
201912 0.108 108.420 0.132
202003 0.013 108.902 0.016
202006 0.043 108.767 0.052
202009 0.121 109.815 0.146
202012 0.336 109.897 0.405
202103 0.258 111.754 0.306
202106 0.388 114.631 0.449
202109 0.494 115.734 0.566
202112 0.746 117.630 0.841
202203 0.538 121.301 0.588
202206 0.454 125.017 0.481
202209 0.396 125.227 0.419
202212 0.462 125.222 0.489
202303 -0.044 127.348 -0.046
202306 -0.391 128.729 -0.403
202309 -0.391 129.860 -0.399
202312 -0.480 129.419 -0.492
202403 -0.593 131.776 -0.596
202406 -0.546 132.554 -0.546

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.


GlobalWafers Co  (LUX:GLOBW) 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.


GlobalWafers Co Cyclically Adjusted Price-to-FCF Related Terms

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


GlobalWafers Co Business Description

Industry
Comparable Companies
Traded in Other Exchanges
Address
No. 8, Industrial East Road 2, Science-Based Industrial Park, Hsinchu, TWN
GlobalWafers is 51% owned by Sino-American Silicon Products Inc, after being spun off in 2011. The main source of the company's revenue is selling silicon wafers to chipmakers like Taiwan Semiconductor and Texas Instruments. It also derives sales from nonsilicon wafers and green energy. GlobalWafers runs 17 production sites in nine countries across Asia, North America, and Europe. GlobalWafers is headquartered in Hsinchu, Taiwan, and employs over 7,000 people.

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