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Eris Technology (ROCO:3675) Cyclically Adjusted Price-to-FCF : 165.45 (As of May. 24, 2024)


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What is Eris Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Eris Technology's current share price is NT$316.00. Eris Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.91. Eris Technology's Cyclically Adjusted Price-to-FCF for today is 165.45.

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

ROCO:3675' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 118.5   Med: 165.15   Max: 1148.1
Current: 153.03

During the past years, Eris Technology's highest Cyclically Adjusted Price-to-FCF was 1148.10. The lowest was 118.50. And the median was 165.15.

ROCO:3675's Cyclically Adjusted Price-to-FCF is ranked worse than
89.03% of 930 companies
in the Hardware industry
Industry Median: 30.555 vs ROCO:3675: 153.03

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.

Eris Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.035. 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$1.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eris Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eris Technology'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.

Eris Technology Cyclically Adjusted Price-to-FCF Chart

Eris Technology 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 - - - 137.82 136.93

Eris Technology 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 218.63 165.63 157.56 136.93 129.99

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

For the Electronic Components subindustry, Eris Technology'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.


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

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

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



Eris Technology 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=316.00/1.91
=165.45

* 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.

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

For example, Eris Technology'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.

Eris Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.598 100.560 0.784
201409 1.121 100.428 1.471
201412 1.350 99.070 1.796
201503 0.493 99.621 0.652
201506 0.929 100.684 1.216
201509 1.041 100.392 1.366
201512 1.190 99.792 1.571
201603 0.238 100.470 0.312
201606 0.678 101.688 0.879
201609 0.773 101.861 1.000
201612 0.774 101.863 1.001
201703 -3.754 102.862 -4.809
201706 -0.235 103.349 -0.300
201709 0.558 104.136 0.706
201712 2.134 104.011 2.704
201803 0.287 105.290 0.359
201806 -1.095 106.317 -1.357
201809 -0.721 106.507 -0.892
201812 0.627 105.998 0.779
201903 0.522 107.251 0.641
201906 -13.769 108.070 -16.789
201909 1.248 108.329 1.518
201912 1.658 108.420 2.015
202003 0.455 108.902 0.551
202006 1.303 108.767 1.579
202009 1.041 109.815 1.249
202012 0.234 109.897 0.281
202103 0.512 111.754 0.604
202106 -2.371 114.631 -2.726
202109 1.780 115.734 2.027
202112 1.118 117.630 1.252
202203 0.964 121.301 1.047
202206 1.902 125.017 2.005
202209 1.312 125.227 1.381
202212 4.035 125.222 4.246
202303 2.231 127.348 2.309
202306 2.349 128.729 2.405
202309 0.912 129.860 0.925
202312 2.280 129.419 2.322
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.


Eris Technology  (ROCO:3675) 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.


Eris Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Eris Technology (ROCO:3675) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Section 3, Beishen Road, 222 6th Floor, No. 17, Lane 155, Shenkeng District, New Taipei City, TWN, 22203
Eris Technology Corp designs and manufactures after-market services for Diode products in Taiwan. The Company mainly manufactures tests and sells rectifier diodes, wafers, and a light-emitting diode. Its products include Schottky Diodes, TVS Diodes, Zener Diodes, Bridge Diodes, Wafers, LEDs, and relevant devices. It operates in two departments. Eris Technology and Jie Cheng - mainly manufacturing and selling in diodes, Yea Shin - mainly manufacturing and selling in wafers. The majority is from Eris Technology and Jie Cheng. Geographically, it operates in Taiwan, Asia, Europe, North USA, and Australia, out of which the majority is from Taiwan.

Eris Technology (ROCO:3675) Headlines

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