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GoMAX Electronics (ROCO:6512) Cyclically Adjusted Price-to-FCF : 31.04 (As of May. 26, 2024)


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

As of today (2024-05-26), GoMAX Electronics's current share price is NT$22.35. GoMAX Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.72. GoMAX Electronics's Cyclically Adjusted Price-to-FCF for today is 31.04.

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

ROCO:6512' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.58   Med: 25.83   Max: 31.09
Current: 31.09

During the past years, GoMAX Electronics's highest Cyclically Adjusted Price-to-FCF was 31.09. The lowest was 24.58. And the median was 25.83.

ROCO:6512's Cyclically Adjusted Price-to-FCF is ranked better than
50.59% of 933 companies
in the Hardware industry
Industry Median: 30.71 vs ROCO:6512: 31.09

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.

GoMAX Electronics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-1.020. 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$0.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GoMAX Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GoMAX 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.

GoMAX Electronics Cyclically Adjusted Price-to-FCF Chart

GoMAX 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 - - - - 25.21

GoMAX 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 - - - 25.21 29.97

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

For the Electronic Components subindustry, GoMAX 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.


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

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

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



GoMAX 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.35/0.72
=31.04

* 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.

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

For example, GoMAX 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)
=-1.02/131.7762*131.7762
=-1.020

Current CPI (Mar. 2024) = 131.7762.

GoMAX Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.455 99.621 0.602
201506 -0.178 100.684 -0.233
201509 1.290 100.392 1.693
201512 2.478 99.792 3.272
201603 1.257 100.470 1.649
201606 0.890 101.688 1.153
201609 -1.139 101.861 -1.474
201612 1.934 101.863 2.502
201703 -0.095 102.862 -0.122
201706 0.411 103.349 0.524
201709 0.146 104.136 0.185
201712 -0.053 104.011 -0.067
201803 -0.356 105.290 -0.446
201806 -0.143 106.317 -0.177
201809 -0.007 106.507 -0.009
201812 0.973 105.998 1.210
201903 0.149 107.251 0.183
201906 -0.110 108.070 -0.134
201909 0.053 108.329 0.064
201912 -0.278 108.420 -0.338
202003 0.202 108.902 0.244
202006 -0.203 108.767 -0.246
202009 -0.221 109.815 -0.265
202012 0.101 109.897 0.121
202103 0.284 111.754 0.335
202106 -0.157 114.631 -0.180
202109 -0.119 115.734 -0.135
202112 -2.546 117.630 -2.852
202203 -0.542 121.301 -0.589
202206 -0.741 125.017 -0.781
202209 0.157 125.227 0.165
202212 1.403 125.222 1.476
202303 -0.254 127.348 -0.263
202306 -0.366 128.729 -0.375
202309 0.608 129.860 0.617
202312 0.353 129.419 0.359
202403 -1.020 131.776 -1.020

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.


GoMAX Electronics  (ROCO:6512) 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.


GoMAX Electronics Cyclically Adjusted Price-to-FCF Related Terms

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


GoMAX Electronics (ROCO:6512) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Fusing 1st Street, 14F-1, Number 251, Hsinchu County, Zhubei, TWN, 302
GoMAX Electronics Inc is a Taiwan based company engaged in the manufacturing and sale of audio and video systems. Its product portfolio includes HDMI Series, DVI Series, DisplayPort, Analog Series, Wall Plate Series, and Video Processor.

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