GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taitien Electronics Co Ltd (ROCO:8289) » Definitions » Cyclically Adjusted Price-to-FCF

Taitien Electronics Co (ROCO:8289) Cyclically Adjusted Price-to-FCF : 21.10 (As of Jun. 19, 2024)


View and export this data going back to 2008. Start your Free Trial

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

As of today (2024-06-19), Taitien Electronics Co's current share price is NT$30.80. Taitien Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.46. Taitien Electronics Co's Cyclically Adjusted Price-to-FCF for today is 21.10.

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

ROCO:8289' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.93   Med: 20.1   Max: 31.74
Current: 21.43

During the past years, Taitien Electronics Co's highest Cyclically Adjusted Price-to-FCF was 31.74. The lowest was 7.93. And the median was 20.10.

ROCO:8289's Cyclically Adjusted Price-to-FCF is ranked better than
62.63% of 966 companies
in the Hardware industry
Industry Median: 30.32 vs ROCO:8289: 21.43

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.

Taitien Electronics Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.558. 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$1.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for Taitien 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.

* Premium members only.

Taitien Electronics Co Cyclically Adjusted Price-to-FCF Chart

Taitien Electronics 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 11.60 9.09 26.75 22.08 21.18

Taitien Electronics Co 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 28.86 26.39 20.30 21.18 23.10

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

For the Scientific & Technical Instruments subindustry, Taitien 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.


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

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

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



Taitien 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.80/1.46
=21.10

* 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.

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

For example, Taitien Electronics Co'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)
=-0.558/131.7762*131.7762
=-0.558

Current CPI (Mar. 2024) = 131.7762.

Taitien Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.276 100.560 1.672
201409 0.074 100.428 0.097
201412 0.973 99.070 1.294
201503 0.017 99.621 0.022
201506 0.513 100.684 0.671
201509 0.458 100.392 0.601
201512 1.251 99.792 1.652
201603 -0.255 100.470 -0.334
201606 -0.032 101.688 -0.041
201609 0.271 101.861 0.351
201612 0.476 101.863 0.616
201703 -0.825 102.862 -1.057
201706 -0.182 103.349 -0.232
201709 -0.160 104.136 -0.202
201712 0.372 104.011 0.471
201803 -0.902 105.290 -1.129
201806 -1.266 106.317 -1.569
201809 0.263 106.507 0.325
201812 -0.278 105.998 -0.346
201903 -0.567 107.251 -0.697
201906 0.144 108.070 0.176
201909 0.583 108.329 0.709
201912 0.657 108.420 0.799
202003 -0.648 108.902 -0.784
202006 0.051 108.767 0.062
202009 0.067 109.815 0.080
202012 0.866 109.897 1.038
202103 -0.165 111.754 -0.195
202106 1.157 114.631 1.330
202109 1.027 115.734 1.169
202112 0.389 117.630 0.436
202203 -1.033 121.301 -1.122
202206 1.503 125.017 1.584
202209 1.554 125.227 1.635
202212 1.592 125.222 1.675
202303 0.826 127.348 0.855
202306 1.332 128.729 1.364
202309 1.278 129.860 1.297
202312 0.876 129.419 0.892
202403 -0.558 131.776 -0.558

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.


Taitien Electronics Co  (ROCO:8289) 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.


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

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


Taitien Electronics Co (ROCO:8289) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.5, Shutan Street, Shulin District, New Taipei, TWN, 238
Taitien Electronics Co Ltd is a quartz frequency control component manufacturer. The company's main products are X'TAL, OSC, VCXO, and TCXO, and provides the technique of OCXO. The company serves automotive, consumer electronics, information technology, and telecommunications sectors.

Taitien Electronics Co (ROCO:8289) Headlines

No Headlines