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APAC Opto Electronics (ROCO:4908) Cyclically Adjusted Price-to-FCF : 40.84 (As of Jun. 06, 2024)


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What is APAC Opto Electronics Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), APAC Opto Electronics's current share price is NT$102.50. APAC Opto Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.51. APAC Opto Electronics's Cyclically Adjusted Price-to-FCF for today is 40.84.

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

ROCO:4908' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.25   Med: 14.14   Max: 52.99
Current: 41.99

During the past years, APAC Opto Electronics's highest Cyclically Adjusted Price-to-FCF was 52.99. The lowest was 10.25. And the median was 14.14.

ROCO:4908's Cyclically Adjusted Price-to-FCF is ranked worse than
62.18% of 965 companies
in the Hardware industry
Industry Median: 30.44 vs ROCO:4908: 41.99

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.

APAC Opto Electronics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.257. 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$2.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


APAC Opto Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for APAC Opto Electronics'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.

APAC Opto Electronics Cyclically Adjusted Price-to-FCF Chart

APAC Opto Electronics 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 16.98 13.06 13.13 11.78 36.07

APAC Opto Electronics 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 13.03 17.06 29.05 36.07 42.78

Competitive Comparison of APAC Opto Electronics's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, APAC Opto Electronics'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.


APAC Opto Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



APAC Opto Electronics 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.

APAC Opto Electronics's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=102.50/2.51
=40.84

* 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.

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

For example, APAC Opto Electronics'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)
=1.257/131.7762*131.7762
=1.257

Current CPI (Mar. 2024) = 131.7762.

APAC Opto Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.040 100.560 1.363
201409 0.368 100.428 0.483
201412 0.649 99.070 0.863
201503 -0.379 99.621 -0.501
201506 0.370 100.684 0.484
201509 0.786 100.392 1.032
201512 0.573 99.792 0.757
201603 1.052 100.470 1.380
201606 0.675 101.688 0.875
201609 0.298 101.861 0.386
201612 0.238 101.863 0.308
201703 -0.041 102.862 -0.053
201706 0.475 103.349 0.606
201709 0.222 104.136 0.281
201712 0.716 104.011 0.907
201803 -0.514 105.290 -0.643
201806 0.887 106.317 1.099
201809 0.783 106.507 0.969
201812 0.660 105.998 0.821
201903 0.708 107.251 0.870
201906 1.022 108.070 1.246
201909 0.473 108.329 0.575
201912 0.693 108.420 0.842
202003 0.231 108.902 0.280
202006 0.149 108.767 0.181
202009 0.181 109.815 0.217
202012 0.556 109.897 0.667
202103 0.437 111.754 0.515
202106 0.389 114.631 0.447
202109 0.151 115.734 0.172
202112 0.871 117.630 0.976
202203 -0.042 121.301 -0.046
202206 1.099 125.017 1.158
202209 1.293 125.227 1.361
202212 1.219 125.222 1.283
202303 0.128 127.348 0.132
202306 0.458 128.729 0.469
202309 0.484 129.860 0.491
202312 0.607 129.419 0.618
202403 1.257 131.776 1.257

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.


APAC Opto Electronics  (ROCO:4908) 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.


APAC Opto Electronics Cyclically Adjusted Price-to-FCF Related Terms

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


APAC Opto Electronics (ROCO:4908) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Tzu Chiang Road, Hsinchu Industrial Park, Hukow, Hsinchu Hsien, TWN
APAC Opto Electronics Inc is a manufacturer of high-performance fiber optical transmission components for Local Area Networks (LANs), Wide Area Networks (WANs), Storage Networks (SANs), Metropolitan Area Networks (MANs), and Access Networks (ANs) in Taiwan. The products of the company include optical extender modules, optical transceiver modules, and copper transceiver modules. The company is engaged in the manufacture of wired and wireless communication equipment and electronic components, and the wholesale and retail of telecommunications equipment and electronic materials.

APAC Opto Electronics (ROCO:4908) Headlines

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