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C-Media Electronics (ROCO:6237) Cyclically Adjusted Price-to-FCF : 102.96 (As of May. 15, 2024)


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What is C-Media Electronics Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), C-Media Electronics's current share price is NT$55.60. C-Media Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.54. C-Media Electronics's Cyclically Adjusted Price-to-FCF for today is 102.96.

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

ROCO:6237' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 55.08   Med: 109.92   Max: 633.33
Current: 94.12

During the past years, C-Media Electronics's highest Cyclically Adjusted Price-to-FCF was 633.33. The lowest was 55.08. And the median was 109.92.

ROCO:6237's Cyclically Adjusted Price-to-FCF is ranked worse than
80.06% of 346 companies
in the Semiconductors industry
Industry Median: 38.065 vs ROCO:6237: 94.12

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.

C-Media Electronics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.578. 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$0.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


C-Media Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for C-Media 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.

C-Media Electronics Cyclically Adjusted Price-to-FCF Chart

C-Media 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 - 422.82 176.77 74.64 104.53

C-Media 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 79.64 62.98 58.89 104.53 111.77

Competitive Comparison of C-Media Electronics's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, C-Media 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.


C-Media Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



C-Media 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.

C-Media Electronics's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=55.60/0.54
=102.96

* 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.

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

For example, C-Media 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)
=-0.578/129.4194*129.4194
=-0.578

Current CPI (Mar. 2024) = 129.4194.

C-Media Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.186 100.560 0.239
201409 0.017 100.428 0.022
201412 0.342 99.070 0.447
201503 0.202 99.621 0.262
201506 0.057 100.684 0.073
201509 -0.162 100.392 -0.209
201512 0.381 99.792 0.494
201603 0.171 100.470 0.220
201606 -0.009 101.688 -0.011
201609 0.165 101.861 0.210
201612 0.233 101.863 0.296
201703 -0.583 102.862 -0.734
201706 -0.310 103.349 -0.388
201709 -0.056 104.136 -0.070
201712 0.174 104.011 0.217
201803 -0.147 105.290 -0.181
201806 0.042 106.317 0.051
201809 0.050 106.507 0.061
201812 -0.103 105.998 -0.126
201903 -0.476 107.251 -0.574
201906 -0.288 108.070 -0.345
201909 0.014 108.329 0.017
201912 0.348 108.420 0.415
202003 -0.381 108.902 -0.453
202006 0.655 108.767 0.779
202009 0.895 109.815 1.055
202012 0.952 109.897 1.121
202103 -0.039 111.754 -0.045
202106 2.450 114.631 2.766
202109 0.264 115.734 0.295
202112 -0.223 117.630 -0.245
202203 -1.772 121.301 -1.891
202206 0.916 125.017 0.948
202209 0.956 125.227 0.988
202212 0.121 125.222 0.125
202303 -0.274 127.348 -0.278
202306 0.887 128.729 0.892
202309 -0.166 129.860 -0.165
202312 -0.261 129.419 -0.261
202403 -0.578 129.419 -0.578

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.


C-Media Electronics  (ROCO:6237) 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.


C-Media Electronics Cyclically Adjusted Price-to-FCF Related Terms

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


C-Media Electronics (ROCO:6237) Business Description

Traded in Other Exchanges
N/A
Address
6F No.100, Sec. 4 Civil Boulevard, Taipei, TWN, 106
C-Media Electronics Inc is a Taiwan based Integrated circuits design house. Its products are used in motherboards, notebooks, sound cards, and digital televisions, as well as in information appliances, such as PC-based DVD players. In addition, it is also involved in the provision of information software services. All the activities are carried out through the region of Taiwan.

C-Media Electronics (ROCO:6237) Headlines

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