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Myson Century (ROCO:5314) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is Myson Century Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Myson Century Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Myson Century'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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Myson Century Cyclically Adjusted Price-to-FCF Chart

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

For the Semiconductors subindustry, Myson Century'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.


Myson Century's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Myson Century 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.

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

For example, Myson Century'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)
=3.032/131.7762*131.7762
=3.032

Current CPI (Mar. 2024) = 131.7762.

Myson Century Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.505 100.560 -1.972
201409 -1.074 100.428 -1.409
201412 -0.501 99.070 -0.666
201503 -2.262 99.621 -2.992
201506 0.933 100.684 1.221
201509 -0.911 100.392 -1.196
201512 2.169 99.792 2.864
201603 -1.642 100.470 -2.154
201606 0.272 101.688 0.352
201609 -0.308 101.861 -0.398
201612 -0.206 101.863 -0.266
201703 -1.356 102.862 -1.737
201706 -1.341 103.349 -1.710
201709 -0.965 104.136 -1.221
201712 -1.851 104.011 -2.345
201803 -0.811 105.290 -1.015
201806 0.710 106.317 0.880
201809 0.133 106.507 0.165
201812 0.430 105.998 0.535
201903 0.291 107.251 0.358
201906 -0.063 108.070 -0.077
201909 -0.903 108.329 -1.098
201912 -0.234 108.420 -0.284
202003 -0.721 108.902 -0.872
202006 -0.370 108.767 -0.448
202009 -0.270 109.815 -0.324
202012 -0.176 109.897 -0.211
202103 -0.153 111.754 -0.180
202106 -0.460 114.631 -0.529
202109 -0.192 115.734 -0.219
202112 -0.298 117.630 -0.334
202203 -0.537 121.301 -0.583
202206 -0.087 125.017 -0.092
202209 -0.192 125.227 -0.202
202212 0.087 125.222 0.092
202303 0.309 127.348 0.320
202306 -0.344 128.729 -0.352
202309 -1.255 129.860 -1.274
202312 -0.999 129.419 -1.017
202403 3.032 131.776 3.032

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.


Myson Century  (ROCO:5314) 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.


Myson Century Cyclically Adjusted Price-to-FCF Related Terms

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


Myson Century (ROCO:5314) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 24-2, Industrial East 4th Road, 2nd Floor, Hsinchu Science Industrial Park, Hsinchu, TWN
Myson Century Inc is a Taiwan-based company engaged in the research, development, manufacture, and sale of integrated circuit system products and security surveillance products, together with technical consulting services for the above products and import and export trade business.

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