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Forward Electronics Co (ROCO:8085) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2025)


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What is Forward Electronics Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Forward Electronics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Forward Electronics 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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Forward Electronics Co Cyclically Adjusted Price-to-FCF Chart

Forward Electronics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Forward Electronics Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Forward Electronics Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Forward Electronics 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.


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

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

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


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Forward Electronics 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.

Forward Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Forward Electronics Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.121/134.9266*134.9266
=-0.121

Current CPI (Mar. 2025) = 134.9266.

Forward Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.196 100.684 -0.263
201509 0.764 100.392 1.027
201512 1.995 99.792 2.697
201603 -2.624 100.470 -3.524
201606 0.553 101.688 0.734
201609 -0.583 101.861 -0.772
201612 -1.889 101.863 -2.502
201703 0.127 102.862 0.167
201706 -0.753 103.349 -0.983
201709 -0.130 104.136 -0.168
201712 -0.454 104.011 -0.589
201803 -0.368 105.290 -0.472
201806 -0.131 106.317 -0.166
201809 -0.015 106.507 -0.019
201812 -0.056 105.998 -0.071
201903 -0.330 107.251 -0.415
201906 -0.474 108.070 -0.592
201909 0.322 108.329 0.401
201912 -0.189 108.420 -0.235
202003 -0.162 108.902 -0.201
202006 -0.158 108.767 -0.196
202009 -0.175 109.815 -0.215
202012 -0.149 109.897 -0.183
202103 -0.080 111.754 -0.097
202106 -0.186 114.631 -0.219
202109 0.001 115.734 0.001
202112 0.003 117.630 0.003
202203 -0.012 121.301 -0.013
202206 -0.063 125.017 -0.068
202209 0.358 125.227 0.386
202212 0.290 125.222 0.312
202303 -0.339 127.348 -0.359
202306 0.232 128.729 0.243
202309 0.066 129.860 0.069
202312 0.206 129.419 0.215
202403 -0.231 131.776 -0.237
202406 -0.619 132.554 -0.630
202409 -0.497 133.029 -0.504
202412 0.305 133.157 0.309
202503 -0.121 134.927 -0.121

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.


Forward Electronics Co  (ROCO:8085) 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.


Forward Electronics Co Cyclically Adjusted Price-to-FCF Related Terms

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


Forward Electronics Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 22, Section 3, Zhongshan North Road, Zhongshan District, Taipei, TWN
Forward Electronics Co Ltd is engaged in the manufacturing, development, and sales of LED packaging and lighting applications, backlight modules, digital TV modules, video boxes, variable resistors, switches, encoders, sensors, Bluetooth mice-headphones, remote controls, card readers, LCD display modules.

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