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Hycon Technology (ROCO:6457) Cyclically Adjusted Price-to-FCF : 14.17 (As of May. 22, 2024)


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

As of today (2024-05-22), Hycon Technology's current share price is NT$50.30. Hycon Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.55. Hycon Technology's Cyclically Adjusted Price-to-FCF for today is 14.17.

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

ROCO:6457' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.44   Med: 16.22   Max: 21.69
Current: 14.16

During the past years, Hycon Technology's highest Cyclically Adjusted Price-to-FCF was 21.69. The lowest was 13.44. And the median was 16.22.

ROCO:6457's Cyclically Adjusted Price-to-FCF is ranked better than
87.81% of 320 companies
in the Semiconductors industry
Industry Median: 40.025 vs ROCO:6457: 14.16

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.

Hycon Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.923. 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$3.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hycon Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hycon 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.

Hycon Technology Cyclically Adjusted Price-to-FCF Chart

Hycon 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 - - - - 20.58

Hycon 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 20.07 16.15 15.05 20.58 13.31

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

For the Semiconductors subindustry, Hycon 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.


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

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

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



Hycon 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=50.30/3.55
=14.17

* 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.

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

For example, Hycon 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)
=0.923/131.7762*131.7762
=0.923

Current CPI (Mar. 2024) = 131.7762.

Hycon Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.664 100.560 2.181
201409 0.864 100.428 1.134
201412 0.577 99.070 0.767
201503 -0.997 99.621 -1.319
201506 1.064 100.684 1.393
201509 0.505 100.392 0.663
201512 1.610 99.792 2.126
201603 -1.510 100.470 -1.981
201606 -0.118 101.688 -0.153
201609 2.002 101.861 2.590
201612 -0.747 101.863 -0.966
201703 1.035 102.862 1.326
201706 -1.717 103.349 -2.189
201709 0.986 104.136 1.248
201712 1.152 104.011 1.460
201803 0.134 105.290 0.168
201806 0.675 106.317 0.837
201809 0.439 106.507 0.543
201812 0.160 105.998 0.199
201903 0.820 107.251 1.008
201906 0.461 108.070 0.562
201909 1.139 108.329 1.386
201912 1.017 108.420 1.236
202003 0.501 108.902 0.606
202006 2.118 108.767 2.566
202009 0.274 109.815 0.329
202012 3.801 109.897 4.558
202103 2.715 111.754 3.201
202106 3.453 114.631 3.969
202109 2.073 115.734 2.360
202112 0.233 117.630 0.261
202203 -0.721 121.301 -0.783
202206 -2.544 125.017 -2.682
202209 1.321 125.227 1.390
202212 -1.442 125.222 -1.517
202303 0.444 127.348 0.459
202306 1.663 128.729 1.702
202309 2.007 129.860 2.037
202312 1.828 129.419 1.861
202403 0.923 131.776 0.923

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.


Hycon Technology  (ROCO:6457) 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.


Hycon Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Hycon Technology (ROCO:6457) Business Description

Traded in Other Exchanges
N/A
Address
No.172, Sec. 4, Chengde Road, 5th Floor, Shilin District, Taipei City, TWN, 11164
Hycon Technology Corp is involved in designing and developing high precision and low drift analog signal-related processing ICs. Its products involve IC solutions for battery management, instrumentation/meter, and industrial control field. It offers control chip and integrated solutions including mixed-signal microcontroller units, battery management ICs and touch panel ICs.

Hycon Technology (ROCO:6457) Headlines

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