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Chipbond Technology (ROCO:6147) Cyclically Adjusted Price-to-FCF : 13.84 (As of Jun. 22, 2024)


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

As of today (2024-06-22), Chipbond Technology's current share price is NT$68.10. Chipbond Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.92. Chipbond Technology's Cyclically Adjusted Price-to-FCF for today is 13.84.

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

ROCO:6147' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.86   Med: 15.28   Max: 19.4
Current: 13.91

During the past years, Chipbond Technology's highest Cyclically Adjusted Price-to-FCF was 19.40. The lowest was 10.86. And the median was 15.28.

ROCO:6147's Cyclically Adjusted Price-to-FCF is ranked better than
88.41% of 345 companies
in the Semiconductors industry
Industry Median: 39.66 vs ROCO:6147: 13.91

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.

Chipbond Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.286. 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$4.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chipbond Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chipbond 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.

Chipbond Technology Cyclically Adjusted Price-to-FCF Chart

Chipbond 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 16.09 15.39 15.54 12.09 14.48

Chipbond 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 15.29 13.71 14.05 14.48 16.08

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

For the Semiconductor Equipment & Materials subindustry, Chipbond 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.


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

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

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



Chipbond 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=68.10/4.92
=13.84

* 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.

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

For example, Chipbond 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)
=-0.286/131.7762*131.7762
=-0.286

Current CPI (Mar. 2024) = 131.7762.

Chipbond Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.078 100.560 1.413
201409 1.078 100.428 1.414
201412 3.031 99.070 4.032
201503 1.659 99.621 2.194
201506 0.098 100.684 0.128
201509 -0.807 100.392 -1.059
201512 0.785 99.792 1.037
201603 -0.187 100.470 -0.245
201606 0.411 101.688 0.533
201609 0.174 101.861 0.225
201612 2.300 101.863 2.975
201703 1.471 102.862 1.884
201706 1.298 103.349 1.655
201709 0.363 104.136 0.459
201712 0.662 104.011 0.839
201803 0.422 105.290 0.528
201806 -0.538 106.317 -0.667
201809 -0.875 106.507 -1.083
201812 0.363 105.998 0.451
201903 1.077 107.251 1.323
201906 -0.091 108.070 -0.111
201909 0.163 108.329 0.198
201912 3.796 108.420 4.614
202003 0.824 108.902 0.997
202006 0.079 108.767 0.096
202009 -0.923 109.815 -1.108
202012 5.366 109.897 6.434
202103 -0.278 111.754 -0.328
202106 0.842 114.631 0.968
202109 0.699 115.734 0.796
202112 3.038 117.630 3.403
202203 2.369 121.301 2.574
202206 3.229 125.017 3.404
202209 1.095 125.227 1.152
202212 2.263 125.222 2.381
202303 -0.285 127.348 -0.295
202306 1.063 128.729 1.088
202309 2.069 129.860 2.100
202312 3.020 129.419 3.075
202403 -0.286 131.776 -0.286

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.


Chipbond Technology  (ROCO:6147) 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.


Chipbond Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Chipbond Technology (ROCO:6147) Business Description

Traded in Other Exchanges
N/A
Address
No 3, Li Hsin 5th Road, Hsinchu Science Park, Hsinchu, TWN, 300
Chipbond Technology Corp along is engaged in the research, development, manufacturing, and sale of driver IC and non-driver IC packaging and testing services.

Chipbond Technology (ROCO:6147) Headlines

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