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Hi Sharp Electronics Co (ROCO:3128) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Hi Sharp Electronics Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hi Sharp Electronics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hi Sharp Electronics 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.

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Hi Sharp Electronics Co Cyclically Adjusted Price-to-FCF Chart

Hi Sharp Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Hi Sharp Electronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Hi Sharp Electronics Co's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Hi Sharp Electronics 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.


Hi Sharp Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hi Sharp Electronics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hi Sharp Electronics 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.

Hi Sharp Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hi Sharp Electronics 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)
=-0.536/131.7762*131.7762
=-0.536

Current CPI (Mar. 2024) = 131.7762.

Hi Sharp Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.599 100.560 -0.785
201409 -2.458 100.428 -3.225
201412 -0.195 99.070 -0.259
201503 -0.095 99.621 -0.126
201506 -0.393 100.684 -0.514
201509 0.115 100.392 0.151
201512 -0.217 99.792 -0.287
201603 0.473 100.470 0.620
201606 -0.455 101.688 -0.590
201609 0.659 101.861 0.853
201612 0.340 101.863 0.440
201703 -0.321 102.862 -0.411
201706 0.216 103.349 0.275
201709 0.308 104.136 0.390
201712 0.529 104.011 0.670
201803 0.746 105.290 0.934
201806 -0.564 106.317 -0.699
201809 -0.227 106.507 -0.281
201812 0.911 105.998 1.133
201903 -0.981 107.251 -1.205
201906 0.602 108.070 0.734
201909 0.126 108.329 0.153
201912 -0.141 108.420 -0.171
202003 -0.518 108.902 -0.627
202006 0.020 108.767 0.024
202009 -0.898 109.815 -1.078
202012 1.284 109.897 1.540
202103 -0.258 111.754 -0.304
202106 0.063 114.631 0.072
202109 -0.359 115.734 -0.409
202112 -0.293 117.630 -0.328
202203 0.845 121.301 0.918
202206 0.066 125.017 0.070
202209 -3.018 125.227 -3.176
202212 2.659 125.222 2.798
202303 0.754 127.348 0.780
202306 -0.469 128.729 -0.480
202309 -0.557 129.860 -0.565
202312 0.310 129.419 0.316
202403 -0.536 131.776 -0.536

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.


Hi Sharp Electronics Co  (ROCO:3128) 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.


Hi Sharp Electronics Co Cyclically Adjusted Price-to-FCF Related Terms

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Hi Sharp Electronics Co (ROCO:3128) Business Description

Traded in Other Exchanges
N/A
Address
No. 673, Chang Shing Road, Bade Dist, Taoyuan, TWN, 33452
Hi Sharp Electronics Co Ltd is a Taiwan based company engages in the manufacture and sale of electronic surveillance products. Its products include liquid crystal display, camera, digital video recorder, video server, and car safety system.

Hi Sharp Electronics Co (ROCO:3128) Headlines

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