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HTC (STU:HTJ) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is HTC Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


HTC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HTC'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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HTC Cyclically Adjusted Price-to-FCF Chart

HTC 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 5.20 39.38 - - -

HTC 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 - - - - -

Competitive Comparison of HTC's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, HTC'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.


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

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

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



HTC 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.

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

For example, HTC'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)
=-0.12/131.7762*131.7762
=-0.120

Current CPI (Mar. 2024) = 131.7762.

HTC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.596 100.560 0.781
201409 0.526 100.428 0.690
201412 0.123 99.070 0.164
201503 -0.384 99.621 -0.508
201506 -0.552 100.684 -0.722
201509 -0.436 100.392 -0.572
201512 -0.565 99.792 -0.746
201603 -0.487 100.470 -0.639
201606 -0.289 101.688 -0.375
201609 -0.870 101.861 -1.126
201612 0.263 101.863 0.340
201703 -0.841 102.862 -1.077
201706 -1.192 103.349 -1.520
201709 -0.292 104.136 -0.370
201712 -0.429 104.011 -0.544
201803 -0.549 105.290 -0.687
201806 -0.161 106.317 -0.200
201809 -0.330 106.507 -0.408
201812 -0.336 105.998 -0.418
201903 -0.412 107.251 -0.506
201906 -0.345 108.070 -0.421
201909 -0.209 108.329 -0.254
201912 -0.352 108.420 -0.428
202003 -0.441 108.902 -0.534
202006 -0.257 108.767 -0.311
202009 -0.250 109.815 -0.300
202012 -0.169 109.897 -0.203
202103 -0.245 111.754 -0.289
202106 -0.150 114.631 -0.172
202109 -0.098 115.734 -0.112
202112 -0.191 117.630 -0.214
202203 -0.219 121.301 -0.238
202206 -0.109 125.017 -0.115
202209 -0.095 125.227 -0.100
202212 -0.164 125.222 -0.173
202303 -0.204 127.348 -0.211
202306 -0.122 128.729 -0.125
202309 -0.126 129.860 -0.128
202312 -0.150 129.419 -0.153
202403 -0.120 131.776 -0.120

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.


HTC  (STU:HTJ) 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.


HTC Cyclically Adjusted Price-to-FCF Related Terms

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HTC (STU:HTJ) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HTC Corp (STU:HTJ) » Definitions » Cyclically Adjusted Price-to-FCF
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Address
No. 23, Xinghua Road, Taoyuan District, Taoyuan, TWN, 330
HTC Corporation is a Taiwanese consumer electronics company. The Company is engaged in designing, manufacturing, assembling, processing, and selling smart mobile and virtual reality devices and after-sales services. Its products include smartphones, tablets, cameras, wearable fitness devices, Blockchain phones, Vive, and virtual reality headsets. More than half of the firm's revenue is generated in Taiwan, with the rest coming from countries in Asia, the Middle East, and other regions.

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