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Princeton Technology (ROCO:6129) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Princeton Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Princeton 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.

Princeton Technology Cyclically Adjusted Price-to-FCF Chart

Princeton Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 72.88 - 8,571.96 -

Princeton Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 850.38 642.80 - -

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

For the Semiconductors subindustry, Princeton 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.


Princeton Technology's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Princeton 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.

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

For example, Princeton 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)
=0.4/131.7762*131.7762
=0.400

Current CPI (Mar. 2024) = 131.7762.

Princeton Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.285 99.695 0.377
201406 -0.648 100.560 -0.849
201409 0.170 100.428 0.223
201412 1.783 99.070 2.372
201503 0.091 99.621 0.120
201506 -0.019 100.684 -0.025
201509 -0.246 100.392 -0.323
201512 -0.616 99.792 -0.813
201603 -0.169 100.470 -0.222
201606 -0.228 101.688 -0.295
201609 -0.061 101.861 -0.079
201612 -0.106 101.863 -0.137
201703 0.060 102.862 0.077
201706 -0.781 103.349 -0.996
201709 0.079 104.136 0.100
201712 -0.186 104.011 -0.236
201803 0.029 105.290 0.036
201806 -0.890 106.317 -1.103
201809 0.218 106.507 0.270
201812 0.463 105.998 0.576
201903 -0.452 107.251 -0.555
201906 -0.066 108.070 -0.080
201909 -0.027 108.329 -0.033
201912 0.097 108.420 0.118
202003 0.027 108.902 0.033
202006 -0.117 108.767 -0.142
202009 0.565 109.815 0.678
202012 0.264 109.897 0.317
202103 -0.010 111.754 -0.012
202106 0.417 114.631 0.479
202109 -0.509 115.734 -0.580
202112 0.772 117.630 0.865
202203 -0.600 121.301 -0.652
202206 -0.279 125.017 -0.294
202209 -0.531 125.227 -0.559
202212 0.155 125.222 0.163
202303 0.614 127.348 0.635
202306 -0.320 128.729 -0.328
202309 -0.343 129.860 -0.348
202403 0.400 131.776 0.400

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.


Princeton Technology  (ROCO:6129) 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.


Princeton Technology Cyclically Adjusted Price-to-FCF Related Terms

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Princeton Technology (ROCO:6129) Business Description

Traded in Other Exchanges
N/A
Address
No. 233-1, Baociao Road, 2nd Floor, Sindian District, New Taipei City, TWN, 23145
Princeton Technology Corp is engaged in the development, design, testing and sales of consumer integrated circuits (ICs). Its products include Display Driver ICs, Multimedia Audio Controller ICs, Motor Driver ICs, RF ICs, Encoder/Decoder ICs, Remote Control ICs, and ASICs and are suitable for a wide range of applications, including automotive dashboard and multimedia devices, portable audio players, digital TVs, home audio/video appliances, DSCs, DSLRs, monitoring cameras, and car security systems. Geographically, the activities are carried out in Taiwan, Japan, Korea, Mainland China(including HK) and others.

Princeton Technology (ROCO:6129) Headlines

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