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Lanner Electronics (ROCO:6245) Cyclically Adjusted Price-to-FCF : 19.01 (As of Jun. 20, 2024)


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What is Lanner Electronics Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Lanner Electronics's current share price is NT$97.90. Lanner Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$5.15. Lanner Electronics's Cyclically Adjusted Price-to-FCF for today is 19.01.

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

ROCO:6245' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.9   Med: 29.06   Max: 66.5
Current: 18.92

During the past years, Lanner Electronics's highest Cyclically Adjusted Price-to-FCF was 66.50. The lowest was 17.90. And the median was 29.06.

ROCO:6245's Cyclically Adjusted Price-to-FCF is ranked better than
68.01% of 966 companies
in the Hardware industry
Industry Median: 30.32 vs ROCO:6245: 18.92

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.

Lanner Electronics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.362. 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$5.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lanner Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lanner 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.

Lanner Electronics Cyclically Adjusted Price-to-FCF Chart

Lanner 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 49.87 33.34 21.15 27.35 21.63

Lanner 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 32.09 26.84 19.03 21.63 19.33

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

For the Computer Hardware subindustry, Lanner 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.


Lanner Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Lanner 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=97.90/5.15
=19.01

* 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.

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

For example, Lanner 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)
=1.362/131.7762*131.7762
=1.362

Current CPI (Mar. 2024) = 131.7762.

Lanner Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.501 100.560 -0.657
201409 -0.265 100.428 -0.348
201412 1.850 99.070 2.461
201503 0.728 99.621 0.963
201506 0.360 100.684 0.471
201509 0.763 100.392 1.002
201512 -0.276 99.792 -0.364
201603 0.888 100.470 1.165
201606 0.562 101.688 0.728
201609 1.773 101.861 2.294
201612 1.824 101.863 2.360
201703 -1.285 102.862 -1.646
201706 -1.129 103.349 -1.440
201709 1.839 104.136 2.327
201712 2.769 104.011 3.508
201803 -1.406 105.290 -1.760
201806 0.519 106.317 0.643
201809 2.461 106.507 3.045
201812 0.258 105.998 0.321
201903 0.030 107.251 0.037
201906 0.326 108.070 0.398
201909 0.941 108.329 1.145
201912 2.987 108.420 3.630
202003 0.413 108.902 0.500
202006 -2.753 108.767 -3.335
202009 4.930 109.815 5.916
202012 0.592 109.897 0.710
202103 -2.013 111.754 -2.374
202106 -0.223 114.631 -0.256
202109 -1.813 115.734 -2.064
202112 5.288 117.630 5.924
202203 -3.273 121.301 -3.556
202206 -0.353 125.017 -0.372
202209 4.325 125.227 4.551
202212 8.385 125.222 8.824
202303 4.213 127.348 4.360
202306 2.658 128.729 2.721
202309 5.050 129.860 5.125
202312 3.150 129.419 3.207
202403 1.362 131.776 1.362

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.


Lanner Electronics  (ROCO:6245) 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.


Lanner Electronics Cyclically Adjusted Price-to-FCF Related Terms

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


Lanner Electronics (ROCO:6245) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 173, Datong Road, 7th Floor, Section 2, XiZhi District, New Taipei, TWN, 22184
Lanner Electronics Inc is a Taiwan-based company that engages in the provision of engineering and manufacturing services for network appliances and rugged applied computing platforms for system integrators, service providers, and application developers. Its products include telecommunication data center appliances, industrial communication platforms, embedded boxes, vehicle computers, and embedded boards. Geographically, it derives a majority of its revenue from the United States.

Lanner Electronics (ROCO:6245) Headlines

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