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EFUN Technology Co (ROCO:3523) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is EFUN Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


EFUN Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for EFUN Technology 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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EFUN Technology Co Cyclically Adjusted Price-to-FCF Chart

EFUN Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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EFUN Technology 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 EFUN Technology Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, EFUN Technology 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.


EFUN Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



EFUN Technology 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.

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

For example, EFUN Technology 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)
=-1.035/131.7762*131.7762
=-1.035

Current CPI (Mar. 2024) = 131.7762.

EFUN Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.007 100.560 3.940
201409 -3.213 100.428 -4.216
201412 3.774 99.070 5.020
201503 0.867 99.621 1.147
201506 -0.889 100.684 -1.164
201509 -1.161 100.392 -1.524
201512 -1.927 99.792 -2.545
201603 -1.300 100.470 -1.705
201606 -4.824 101.688 -6.251
201609 0.030 101.861 0.039
201612 -1.720 101.863 -2.225
201703 -0.880 102.862 -1.127
201706 0.814 103.349 1.038
201709 -0.725 104.136 -0.917
201712 -1.146 104.011 -1.452
201803 -0.463 105.290 -0.579
201806 -0.128 106.317 -0.159
201809 -0.793 106.507 -0.981
201812 -0.930 105.998 -1.156
201903 -1.190 107.251 -1.462
201906 -0.509 108.070 -0.621
201909 -0.800 108.329 -0.973
201912 -0.023 108.420 -0.028
202003 -0.261 108.902 -0.316
202006 -0.863 108.767 -1.046
202009 -0.527 109.815 -0.632
202012 0.096 109.897 0.115
202103 -0.087 111.754 -0.103
202106 -0.498 114.631 -0.572
202109 -0.430 115.734 -0.490
202112 -0.129 117.630 -0.145
202203 -0.436 121.301 -0.474
202206 -0.578 125.017 -0.609
202209 -0.966 125.227 -1.017
202212 -0.436 125.222 -0.459
202303 -0.990 127.348 -1.024
202306 -0.739 128.729 -0.756
202309 -1.036 129.860 -1.051
202312 -0.461 129.419 -0.469
202403 -1.035 131.776 -1.035

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.


EFUN Technology Co  (ROCO:3523) 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.


EFUN Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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EFUN Technology Co (ROCO:3523) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 391, Section 2, Bentian Road, Annan District, Tainan, TWN, 70955
EFUN Technology Co Ltd is an LCD optical film production company. The company is also engaged in the production of ITO touch transparent conductive films, hardened films, explosion-proof films, and roll-type touch modules. The products of the company include quantum dot film, anti-fog film, EMI, anti-reflective coating, an insulation film, and water-blocking film.

EFUN Technology Co (ROCO:3523) Headlines

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