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Goldtek Technology Co (ROCO:6638) Cyclically Adjusted Price-to-FCF : 9.37 (As of Jun. 05, 2024)


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What is Goldtek Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Goldtek Technology Co's current share price is NT$71.90. Goldtek Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was NT$7.67. Goldtek Technology Co's Cyclically Adjusted Price-to-FCF for today is 9.37.

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

ROCO:6638' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.73   Med: 8.84   Max: 10.69
Current: 9.37

During the past 11 years, Goldtek Technology Co's highest Cyclically Adjusted Price-to-FCF was 10.69. The lowest was 7.73. And the median was 8.84.

ROCO:6638's Cyclically Adjusted Price-to-FCF is ranked better than
87.77% of 965 companies
in the Hardware industry
Industry Median: 30.44 vs ROCO:6638: 9.37

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.

Goldtek Technology Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was NT$7.095. 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$7.67 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldtek Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Goldtek Technology 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.

* Premium members only.

Goldtek Technology Co Cyclically Adjusted Price-to-FCF Chart

Goldtek Technology Co 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 - - - 9.66 8.09

Goldtek Technology Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 9.66 - 8.09

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

For the Communication Equipment subindustry, Goldtek Technology 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.


Goldtek Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Goldtek Technology 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=71.90/7.67
=9.37

* 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.

Goldtek Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Goldtek Technology Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=7.095/129.4194*129.4194
=7.095

Current CPI (Dec23) = 129.4194.

Goldtek Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.168 99.070 1.526
201512 -4.586 99.792 -5.948
201612 0.398 101.863 0.506
201712 -4.297 104.011 -5.347
201812 32.592 105.998 39.794
201912 35.448 108.420 42.314
202012 10.829 109.897 12.753
202112 -16.248 117.630 -17.877
202212 1.844 125.222 1.906
202312 7.095 129.419 7.095

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.


Goldtek Technology Co  (ROCO:6638) 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.


Goldtek Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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


Goldtek Technology Co (ROCO:6638) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jian 1st Road, 16th Floor, No.166, Zhonghe District, New Taipei City, TWN, 235
Goldtek Technology Co Ltd is engaged in customization and contract manufacturing for information and communication technology devices for various industries. Its services include software development, PCBA board level design, and turn-key solution which includes ID/ME design, hardware/software development, quality testing, manufacturing and EMC/Safety certification tests.

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