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Ablerex Electronics Co (ROCO:3628) Cyclically Adjusted Price-to-FCF : 38.35 (As of May. 16, 2024)


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What is Ablerex Electronics Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Ablerex Electronics Co's current share price is NT$46.40. Ablerex Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.21. Ablerex Electronics Co's Cyclically Adjusted Price-to-FCF for today is 38.35.

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

ROCO:3628' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.99   Med: 33.72   Max: 166.67
Current: 38.63

During the past years, Ablerex Electronics Co's highest Cyclically Adjusted Price-to-FCF was 166.67. The lowest was 8.99. And the median was 33.72.

ROCO:3628's Cyclically Adjusted Price-to-FCF is ranked worse than
55.9% of 1034 companies
in the Industrial Products industry
Industry Median: 33.525 vs ROCO:3628: 38.63

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.

Ablerex Electronics Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.419. 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$1.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ablerex Electronics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ablerex 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.

* Premium members only.

Ablerex Electronics Co Cyclically Adjusted Price-to-FCF Chart

Ablerex Electronics Co 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 13.99 22.93 44.68 53.09 35.42

Ablerex Electronics Co 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 57.16 57.87 42.69 35.42 39.33

Competitive Comparison of Ablerex Electronics Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Ablerex 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.


Ablerex Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ablerex Electronics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ablerex 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.

Ablerex Electronics Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=46.40/1.21
=38.35

* 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.

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

For example, Ablerex 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)
=-0.419/131.7762*131.7762
=-0.419

Current CPI (Mar. 2024) = 131.7762.

Ablerex Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.446 100.560 0.584
201409 -2.084 100.428 -2.735
201412 1.339 99.070 1.781
201503 0.041 99.621 0.054
201506 -0.611 100.684 -0.800
201509 -2.681 100.392 -3.519
201512 5.406 99.792 7.139
201603 -0.841 100.470 -1.103
201606 -1.045 101.688 -1.354
201609 2.129 101.861 2.754
201612 -0.142 101.863 -0.184
201703 0.091 102.862 0.117
201706 -1.109 103.349 -1.414
201709 2.456 104.136 3.108
201712 -0.789 104.011 -1.000
201803 3.700 105.290 4.631
201806 -0.048 106.317 -0.059
201809 -4.047 106.507 -5.007
201812 2.195 105.998 2.729
201903 -0.682 107.251 -0.838
201906 -0.173 108.070 -0.211
201909 1.016 108.329 1.236
201912 0.423 108.420 0.514
202003 1.468 108.902 1.776
202006 -0.920 108.767 -1.115
202009 -0.596 109.815 -0.715
202012 2.235 109.897 2.680
202103 0.281 111.754 0.331
202106 -4.573 114.631 -5.257
202109 -1.332 115.734 -1.517
202112 0.193 117.630 0.216
202203 5.338 121.301 5.799
202206 -4.952 125.017 -5.220
202209 -3.627 125.227 -3.817
202212 5.435 125.222 5.719
202303 1.731 127.348 1.791
202306 1.266 128.729 1.296
202309 0.058 129.860 0.059
202312 4.234 129.419 4.311
202403 -0.419 131.776 -0.419

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.


Ablerex Electronics Co  (ROCO:3628) 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.


Ablerex Electronics Co Cyclically Adjusted Price-to-FCF Related Terms

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Ablerex Electronics Co (ROCO:3628) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Lane 7, Baogao Road, 1st Floor, New Taipei, Xindian District, Taipei, TWN, 23144
Ablerex Electronics Co Ltd is engaged in developing power supply products. The company manufactures uninterrupted power supplies, and power quality devices. Its operating segment includes First Business Division; Second Business Division; Technical Services Division and Energy Division. The company generates maximum revenue from the Second Business Division segment. Its Second Business Division segment is responsible for international sales and market promotion of self-manufactured products. Geographically, it derives a majority of revenue from Taiwan. The products of the company include an energy storage system, photovoltaic device, automatic transfer switch, monitoring, and management system, and active power filter.

Ablerex Electronics Co (ROCO:3628) Headlines

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