GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Radiant Innovation Inc (ROCO:3373) » Definitions » Cyclically Adjusted Price-to-FCF

Radiant Innovation (ROCO:3373) Cyclically Adjusted Price-to-FCF : 17.03 (As of Jun. 19, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Radiant Innovation Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Radiant Innovation's current share price is NT$27.25. Radiant Innovation's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.60. Radiant Innovation's Cyclically Adjusted Price-to-FCF for today is 17.03.

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

ROCO:3373' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.18   Med: 21.1   Max: 239.34
Current: 16.96

During the past years, Radiant Innovation's highest Cyclically Adjusted Price-to-FCF was 239.34. The lowest was 13.18. And the median was 21.10.

ROCO:3373's Cyclically Adjusted Price-to-FCF is ranked better than
79.24% of 236 companies
in the Medical Devices & Instruments industry
Industry Median: 42.23 vs ROCO:3373: 16.96

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.

Radiant Innovation's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.287. 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 NT$1.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Radiant Innovation Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Radiant Innovation'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.

Radiant Innovation Cyclically Adjusted Price-to-FCF Chart

Radiant Innovation 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 - 48.35 26.43 19.16 18.17

Radiant Innovation 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 15.77 14.91 15.12 18.17 15.31

Competitive Comparison of Radiant Innovation's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Radiant Innovation'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.


Radiant Innovation's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Radiant Innovation's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Radiant Innovation 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.

Radiant Innovation's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.25/1.6
=17.03

* 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.

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

For example, Radiant Innovation'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)
=-0.287/131.7762*131.7762
=-0.287

Current CPI (Mar. 2024) = 131.7762.

Radiant Innovation Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.307 100.560 0.402
201409 -0.513 100.428 -0.673
201412 0.310 99.070 0.412
201503 -0.183 99.621 -0.242
201506 0.004 100.684 0.005
201509 -2.070 100.392 -2.717
201512 0.832 99.792 1.099
201603 0.275 100.470 0.361
201606 0.750 101.688 0.972
201609 -0.460 101.861 -0.595
201612 0.826 101.863 1.069
201703 -0.624 102.862 -0.799
201706 0.225 103.349 0.287
201709 -0.517 104.136 -0.654
201712 -0.001 104.011 -0.001
201803 0.143 105.290 0.179
201806 0.632 106.317 0.783
201809 -0.562 106.507 -0.695
201812 -0.193 105.998 -0.240
201903 -0.012 107.251 -0.015
201906 0.525 108.070 0.640
201909 0.130 108.329 0.158
201912 0.783 108.420 0.952
202003 6.673 108.902 8.075
202006 6.213 108.767 7.527
202009 1.804 109.815 2.165
202012 2.490 109.897 2.986
202103 0.405 111.754 0.478
202106 -2.509 114.631 -2.884
202109 -1.671 115.734 -1.903
202112 0.360 117.630 0.403
202203 -1.004 121.301 -1.091
202206 -0.869 125.017 -0.916
202209 0.526 125.227 0.554
202212 0.332 125.222 0.349
202303 -0.233 127.348 -0.241
202306 -0.428 128.729 -0.438
202309 0.191 129.860 0.194
202312 0.341 129.419 0.347
202403 -0.287 131.776 -0.287

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.


Radiant Innovation  (ROCO:3373) 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.


Radiant Innovation Cyclically Adjusted Price-to-FCF Related Terms

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


Radiant Innovation (ROCO:3373) Business Description

Traded in Other Exchanges
N/A
Address
1F, No. 3, Industrial East 9th Rd, Science-Based Industrial Park, HsinChu, TWN, 300
Radiant Innovation Inc is engaged in the manufacture and distribution of medical instruments in Taiwan. It provides infrared ear thermometers, multi-function thermometers, infrared forehead thermometers as well as carbon dioxide detectors.

Radiant Innovation (ROCO:3373) Headlines

No Headlines