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Securitag Assembly Group Co (ROCO:6417) Cyclically Adjusted Price-to-FCF : (As of Jun. 16, 2024)


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What is Securitag Assembly Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Securitag Assembly Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Securitag Assembly Group Co'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.

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Securitag Assembly Group Co Cyclically Adjusted Price-to-FCF Chart

Securitag Assembly Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Securitag Assembly Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Securitag Assembly Group Co's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Securitag Assembly Group Co'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.


Securitag Assembly Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Securitag Assembly Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Securitag Assembly Group Co's Cyclically Adjusted Price-to-FCF falls into.



Securitag Assembly Group Co 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.

Securitag Assembly Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Securitag Assembly Group Co'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)
=-1.1/131.7762*131.7762
=-1.100

Current CPI (Mar. 2024) = 131.7762.

Securitag Assembly Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.721 100.560 0.945
201409 -0.235 100.428 -0.308
201412 -0.266 99.070 -0.354
201503 0.021 99.621 0.028
201506 0.724 100.684 0.948
201509 0.385 100.392 0.505
201512 1.589 99.792 2.098
201603 -0.411 100.470 -0.539
201606 0.695 101.688 0.901
201609 0.073 101.861 0.094
201612 1.724 101.863 2.230
201703 0.456 102.862 0.584
201706 0.974 103.349 1.242
201709 -4.076 104.136 -5.158
201712 -4.267 104.011 -5.406
201803 -0.485 105.290 -0.607
201806 0.408 106.317 0.506
201809 0.222 106.507 0.275
201812 0.729 105.998 0.906
201903 -0.502 107.251 -0.617
201906 0.303 108.070 0.369
201909 1.043 108.329 1.269
201912 1.486 108.420 1.806
202003 0.076 108.902 0.092
202006 0.943 108.767 1.142
202009 -0.658 109.815 -0.790
202012 1.408 109.897 1.688
202103 -2.724 111.754 -3.212
202106 -0.138 114.631 -0.159
202109 -0.613 115.734 -0.698
202112 -0.729 117.630 -0.817
202203 -1.752 121.301 -1.903
202206 -1.213 125.017 -1.279
202209 -0.177 125.227 -0.186
202212 -1.459 125.222 -1.535
202303 -2.075 127.348 -2.147
202306 -2.421 128.729 -2.478
202309 0.298 129.860 0.302
202312 0.614 129.419 0.625
202403 -1.100 131.776 -1.100

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.


Securitag Assembly Group Co  (ROCO:6417) 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.


Securitag Assembly Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Securitag Assembly Group Co (ROCO:6417) Business Description

Traded in Other Exchanges
N/A
Address
NO. 1 Gongye 9th Road, Dali District, Taichung, TWN, 41280
Securitag Assembly Group Co Ltd is Developer and manufacturer of radio frequency identification (RFID) transponders. The group delivers both standard and customized RFID products of inlays, labels, cards, key fobs and tags.

Securitag Assembly Group Co (ROCO:6417) Headlines

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