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Enermax Technology (ROCO:8093) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Enermax Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enermax 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.

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Enermax Technology Cyclically Adjusted Price-to-FCF Chart

Enermax Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Enermax Technology 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 Enermax Technology's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Enermax 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.


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

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

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



Enermax 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.

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

For example, Enermax 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)
=-0.309/131.7762*131.7762
=-0.309

Current CPI (Mar. 2024) = 131.7762.

Enermax Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.159 100.560 0.208
201409 -1.848 100.428 -2.425
201412 -0.766 99.070 -1.019
201503 -0.266 99.621 -0.352
201506 0.288 100.684 0.377
201509 0.870 100.392 1.142
201512 0.635 99.792 0.839
201603 0.227 100.470 0.298
201606 -0.368 101.688 -0.477
201609 0.346 101.861 0.448
201612 0.177 101.863 0.229
201703 -0.246 102.862 -0.315
201706 -0.665 103.349 -0.848
201709 0.533 104.136 0.674
201712 -0.142 104.011 -0.180
201803 0.650 105.290 0.814
201806 -0.501 106.317 -0.621
201809 -1.121 106.507 -1.387
201812 -0.649 105.998 -0.807
201903 -0.537 107.251 -0.660
201906 -0.215 108.070 -0.262
201909 0.068 108.329 0.083
201912 0.459 108.420 0.558
202003 0.335 108.902 0.405
202006 0.537 108.767 0.651
202009 0.002 109.815 0.002
202012 -0.350 109.897 -0.420
202103 -0.283 111.754 -0.334
202106 -0.597 114.631 -0.686
202109 -0.784 115.734 -0.893
202112 -0.587 117.630 -0.658
202203 -0.589 121.301 -0.640
202206 0.508 125.017 0.535
202209 0.715 125.227 0.752
202212 -0.326 125.222 -0.343
202303 0.350 127.348 0.362
202306 -0.942 128.729 -0.964
202309 -0.402 129.860 -0.408
202312 -0.825 129.419 -0.840
202403 -0.309 131.776 -0.309

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.


Enermax Technology  (ROCO:8093) 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.


Enermax Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Enermax Technology (ROCO:8093) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2F-1, No. 888, Jingguo Road, Taoyuan District, Taoyuan, TWN, 330
Enermax Technology Corp manufactures PC components which include power supplies, PC cases, cooling fans, CPU coolers, and other peripherals in Taiwan.

Enermax Technology (ROCO:8093) Headlines

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