GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Connection Technology Systems Inc (ROCO:3672) » Definitions » Cyclically Adjusted Price-to-FCF

Connection Technology Systems (ROCO:3672) Cyclically Adjusted Price-to-FCF : 142.50 (As of Jun. 06, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Connection Technology Systems Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Connection Technology Systems's current share price is NT$22.80. Connection Technology Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.16. Connection Technology Systems's Cyclically Adjusted Price-to-FCF for today is 142.50.

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

ROCO:3672' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 83.13   Med: 128.26   Max: 194
Current: 145.36

During the past years, Connection Technology Systems's highest Cyclically Adjusted Price-to-FCF was 194.00. The lowest was 83.13. And the median was 128.26.

ROCO:3672's Cyclically Adjusted Price-to-FCF is ranked worse than
89.02% of 965 companies
in the Hardware industry
Industry Median: 30.44 vs ROCO:3672: 145.36

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.

Connection Technology Systems's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.481. 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$0.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Connection Technology Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Connection Technology Systems'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.

Connection Technology Systems Cyclically Adjusted Price-to-FCF Chart

Connection Technology Systems 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 - - - 84.19 108.38

Connection Technology Systems 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 117.88 163.71 156.20 108.38 140.78

Competitive Comparison of Connection Technology Systems's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Connection Technology Systems'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.


Connection Technology Systems's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Connection Technology Systems 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.

Connection Technology Systems's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.80/0.16
=142.50

* 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.

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

For example, Connection Technology Systems'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)
=-0.481/131.7762*131.7762
=-0.481

Current CPI (Mar. 2024) = 131.7762.

Connection Technology Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.776 100.560 1.017
201409 1.930 100.428 2.532
201412 0.151 99.070 0.201
201503 0.231 99.621 0.306
201506 0.377 100.684 0.493
201509 -0.707 100.392 -0.928
201512 0.415 99.792 0.548
201603 -0.831 100.470 -1.090
201606 1.197 101.688 1.551
201609 -1.138 101.861 -1.472
201612 0.894 101.863 1.157
201703 -0.148 102.862 -0.190
201706 0.515 103.349 0.657
201709 0.240 104.136 0.304
201712 0.404 104.011 0.512
201803 0.724 105.290 0.906
201806 -0.943 106.317 -1.169
201809 0.314 106.507 0.388
201812 -0.429 105.998 -0.533
201903 -0.404 107.251 -0.496
201906 0.458 108.070 0.558
201909 0.424 108.329 0.516
201912 -0.805 108.420 -0.978
202003 -0.174 108.902 -0.211
202006 -1.425 108.767 -1.726
202009 -0.170 109.815 -0.204
202012 0.768 109.897 0.921
202103 -1.869 111.754 -2.204
202106 0.033 114.631 0.038
202109 -0.543 115.734 -0.618
202112 -0.336 117.630 -0.376
202203 0.872 121.301 0.947
202206 -0.186 125.017 -0.196
202209 0.253 125.227 0.266
202212 1.307 125.222 1.375
202303 -0.784 127.348 -0.811
202306 -0.633 128.729 -0.648
202309 -0.052 129.860 -0.053
202312 0.814 129.419 0.829
202403 -0.481 131.776 -0.481

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.


Connection Technology Systems  (ROCO:3672) 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.


Connection Technology Systems Cyclically Adjusted Price-to-FCF Related Terms

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


Connection Technology Systems (ROCO:3672) Business Description

Traded in Other Exchanges
N/A
Address
18F-6, No.79, Sec.1, Xintai 5th Road, Xizhi District, New Taipei City, Taipei, TWN, 221
Connection Technology Systems Inc. is engaged in providing fiber optic communication products and services in Taiwan. Its main products include Fiber Switch Product, Fiber Gateway Product, PoE Product, Media Converter Product.

Connection Technology Systems (ROCO:3672) Headlines

No Headlines