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ADO Optronic (ROCO:3516) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is ADO Optronic Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ADO Optronic Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ADO Optronic'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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ADO Optronic Cyclically Adjusted Price-to-FCF Chart

ADO Optronic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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ADO Optronic 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 228.78 3,275.29 753.66 - -

Competitive Comparison of ADO Optronic's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, ADO Optronic'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.


ADO Optronic's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, ADO Optronic's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ADO Optronic 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.

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

For example, ADO Optronic'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)
=-0.511/131.7762*131.7762
=-0.511

Current CPI (Mar. 2024) = 131.7762.

ADO Optronic Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.111 100.560 0.145
201409 -0.221 100.428 -0.290
201412 -0.730 99.070 -0.971
201503 0.063 99.621 0.083
201506 0.527 100.684 0.690
201509 -0.691 100.392 -0.907
201512 0.256 99.792 0.338
201603 0.362 100.470 0.475
201606 0.666 101.688 0.863
201609 -2.128 101.861 -2.753
201612 0.752 101.863 0.973
201703 -0.079 102.862 -0.101
201706 -0.511 103.349 -0.652
201709 -1.395 104.136 -1.765
201712 0.496 104.011 0.628
201803 0.088 105.290 0.110
201806 -0.478 106.317 -0.592
201809 1.192 106.507 1.475
201812 0.158 105.998 0.196
201903 0.081 107.251 0.100
201906 -0.310 108.070 -0.378
201909 0.196 108.329 0.238
201912 0.860 108.420 1.045
202003 -1.248 108.902 -1.510
202006 0.888 108.767 1.076
202009 0.304 109.815 0.365
202012 -0.657 109.897 -0.788
202103 -0.245 111.754 -0.289
202106 -0.864 114.631 -0.993
202109 0.663 115.734 0.755
202112 0.433 117.630 0.485
202203 -0.199 121.301 -0.216
202206 0.647 125.017 0.682
202209 -0.882 125.227 -0.928
202212 2.112 125.222 2.223
202303 2.068 127.348 2.140
202306 -0.579 128.729 -0.593
202309 -0.701 129.860 -0.711
202312 -1.128 129.419 -1.149
202403 -0.511 131.776 -0.511

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.


ADO Optronic  (ROCO:3516) 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.


ADO Optronic Cyclically Adjusted Price-to-FCF Related Terms

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ADO Optronic (ROCO:3516) Business Description

Traded in Other Exchanges
N/A
Address
No.858, Guangfu Road, Taoyuan, Bade, TWN
ADO Optronic Corp is a Taiwan based company engages in the processing, assembly, and distribution of commercial lighting, indoor and outdoor LED lighting, and plastic injection products.

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