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Taiwan IC Packaging (ROCO:3372) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is Taiwan IC Packaging Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan IC Packaging Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taiwan IC Packaging'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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Taiwan IC Packaging Cyclically Adjusted Price-to-FCF Chart

Taiwan IC Packaging Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Taiwan IC Packaging 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 Taiwan IC Packaging's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Taiwan IC Packaging'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.


Taiwan IC Packaging's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where Taiwan IC Packaging's Cyclically Adjusted Price-to-FCF falls into.



Taiwan IC Packaging 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.

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

For example, Taiwan IC Packaging'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)
=0.16/131.7762*131.7762
=0.160

Current CPI (Mar. 2024) = 131.7762.

Taiwan IC Packaging Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.082 100.560 0.107
201409 -0.081 100.428 -0.106
201412 -0.069 99.070 -0.092
201503 -0.458 99.621 -0.606
201506 -0.015 100.684 -0.020
201509 0.050 100.392 0.066
201512 -0.696 99.792 -0.919
201603 -0.523 100.470 -0.686
201606 -0.611 101.688 -0.792
201609 -0.621 101.861 -0.803
201612 -0.774 101.863 -1.001
201703 -1.402 102.862 -1.796
201706 -0.346 103.349 -0.441
201709 -0.627 104.136 -0.793
201712 -0.618 104.011 -0.783
201803 -0.526 105.290 -0.658
201806 0.022 106.317 0.027
201809 -0.461 106.507 -0.570
201812 -0.090 105.998 -0.112
201903 0.042 107.251 0.052
201906 -0.412 108.070 -0.502
201909 0.078 108.329 0.095
201912 0.002 108.420 0.002
202003 -0.208 108.902 -0.252
202006 0.058 108.767 0.070
202009 -0.438 109.815 -0.526
202012 -0.310 109.897 -0.372
202103 -0.341 111.754 -0.402
202106 0.432 114.631 0.497
202109 0.837 115.734 0.953
202112 0.608 117.630 0.681
202203 0.444 121.301 0.482
202206 0.619 125.017 0.652
202209 0.790 125.227 0.831
202212 -0.144 125.222 -0.152
202303 -0.249 127.348 -0.258
202306 -0.304 128.729 -0.311
202309 0.291 129.860 0.295
202312 -0.112 129.419 -0.114
202403 0.160 131.776 0.160

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.


Taiwan IC Packaging  (ROCO:3372) 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.


Taiwan IC Packaging Cyclically Adjusted Price-to-FCF Related Terms

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Taiwan IC Packaging (ROCO:3372) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, South 2rd Road, Qianzhen District, Kaohsiung City, TWN
Taiwan IC Packaging Corp is a professional integrated circuit packaging provider. The company provides integrated circuit packaging and testing services for the professional semiconductor. The company offers packages in two groups Lead frame-based package and substrate-based package. Leadframe-based package includes quad flat package (QFP), small outline package (SOP), thin small outline package (TSOP), quad flat no- Lead (QFN) and dual flat no Lead (DFN). LGA/Memory Card and other product.

Taiwan IC Packaging (ROCO:3372) Headlines

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