GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wafer Works Corp (ROCO:6182) » Definitions » Cyclically Adjusted Price-to-FCF

Wafer Works (ROCO:6182) Cyclically Adjusted Price-to-FCF : 76.43 (As of Jun. 20, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Wafer Works Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Wafer Works's current share price is NT$37.45. Wafer Works's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.49. Wafer Works's Cyclically Adjusted Price-to-FCF for today is 76.43.

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

ROCO:6182' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 76.72   Med: 119.61   Max: 269.44
Current: 76.72

During the past years, Wafer Works's highest Cyclically Adjusted Price-to-FCF was 269.44. The lowest was 76.72. And the median was 119.61.

ROCO:6182's Cyclically Adjusted Price-to-FCF is ranked worse than
72.46% of 345 companies
in the Semiconductors industry
Industry Median: 39.89 vs ROCO:6182: 76.72

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.

Wafer Works's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.512. 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$0.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wafer Works Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wafer Works'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.

Wafer Works Cyclically Adjusted Price-to-FCF Chart

Wafer Works 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 - - - - 91.04

Wafer Works 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 276.55 165.77 115.07 91.04 78.64

Competitive Comparison of Wafer Works's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Wafer Works'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.


Wafer Works's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Wafer Works 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.

Wafer Works's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.45/0.49
=76.43

* 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.

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

For example, Wafer Works'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)
=-0.512/131.7762*131.7762
=-0.512

Current CPI (Mar. 2024) = 131.7762.

Wafer Works Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.323 100.560 0.423
201409 0.693 100.428 0.909
201412 0.673 99.070 0.895
201503 0.449 99.621 0.594
201506 0.826 100.684 1.081
201509 0.069 100.392 0.091
201512 0.435 99.792 0.574
201603 -0.046 100.470 -0.060
201606 0.540 101.688 0.700
201609 0.517 101.861 0.669
201612 0.974 101.863 1.260
201703 0.715 102.862 0.916
201706 0.246 103.349 0.314
201709 0.189 104.136 0.239
201712 0.087 104.011 0.110
201803 -1.363 105.290 -1.706
201806 -0.406 106.317 -0.503
201809 -0.988 106.507 -1.222
201812 0.273 105.998 0.339
201903 -1.233 107.251 -1.515
201906 -0.313 108.070 -0.382
201909 -0.784 108.329 -0.954
201912 -0.572 108.420 -0.695
202003 -0.161 108.902 -0.195
202006 -0.296 108.767 -0.359
202009 -0.707 109.815 -0.848
202012 -1.617 109.897 -1.939
202103 -0.151 111.754 -0.178
202106 0.254 114.631 0.292
202109 -0.210 115.734 -0.239
202112 0.872 117.630 0.977
202203 0.127 121.301 0.138
202206 1.988 125.017 2.095
202209 0.787 125.227 0.828
202212 1.616 125.222 1.701
202303 -0.349 127.348 -0.361
202306 -0.115 128.729 -0.118
202309 0.610 129.860 0.619
202312 0.944 129.419 0.961
202403 -0.512 131.776 -0.512

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.


Wafer Works  (ROCO:6182) 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.


Wafer Works Cyclically Adjusted Price-to-FCF Related Terms

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


Wafer Works (ROCO:6182) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 100, Longyuan 1st Road, Longtan Science Park, Taoyuan, TWN, 32542
Wafer Works Corp provides wafer solutions for customers in single crystal ingot, polished and epitaxial wafers. The company is an electronic materials supplier and manufactures doped silicon wafers used in power semiconductor devices. It manufactures 4 to 8 inches silicon wafers for power semiconductor devices such as high-/low-voltage power MOSFETs, power IC, and other power management devices. Its products consist of polished silicon wafers and epitaxial wafers.

Wafer Works (ROCO:6182) Headlines

No Headlines