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Acer (TPE:2353) Cyclically Adjusted Price-to-FCF : 28.38 (As of May. 22, 2024)


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What is Acer Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Acer's current share price is NT$48.25. Acer's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.70. Acer's Cyclically Adjusted Price-to-FCF for today is 28.38.

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

TPE:2353' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.5   Med: 25.91   Max: 1825
Current: 28.34

During the past years, Acer's highest Cyclically Adjusted Price-to-FCF was 1825.00. The lowest was 9.50. And the median was 25.91.

TPE:2353's Cyclically Adjusted Price-to-FCF is ranked better than
52.44% of 921 companies
in the Hardware industry
Industry Median: 30.69 vs TPE:2353: 28.34

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.

Acer's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-1.802. 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$1.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acer Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Acer'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.

Acer Cyclically Adjusted Price-to-FCF Chart

Acer 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 3,021.20 32.22 42.17 25.34 30.11

Acer 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 22.83 22.75 16.72 30.11 27.40

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

For the Computer Hardware subindustry, Acer'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.


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

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

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



Acer 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.

Acer's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=48.25/1.7
=28.38

* 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.

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

For example, Acer'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)
=-1.802/131.7762*131.7762
=-1.802

Current CPI (Mar. 2024) = 131.7762.

Acer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.318 100.560 -0.417
201409 -0.449 100.428 -0.589
201412 2.951 99.070 3.925
201503 -2.139 99.621 -2.829
201506 -0.915 100.684 -1.198
201509 -0.673 100.392 -0.883
201512 3.340 99.792 4.410
201603 -0.957 100.470 -1.255
201606 1.798 101.688 2.330
201609 -0.824 101.861 -1.066
201612 2.603 101.863 3.367
201703 -5.638 102.862 -7.223
201706 -1.915 103.349 -2.442
201709 2.915 104.136 3.689
201712 2.071 104.011 2.624
201803 -0.973 105.290 -1.218
201806 0.524 106.317 0.649
201809 0.736 106.507 0.911
201812 -1.136 105.998 -1.412
201903 0.326 107.251 0.401
201906 -0.587 108.070 -0.716
201909 0.949 108.329 1.154
201912 -1.288 108.420 -1.565
202003 0.800 108.902 0.968
202006 3.777 108.767 4.576
202009 1.156 109.815 1.387
202012 3.193 109.897 3.829
202103 -1.306 111.754 -1.540
202106 -1.120 114.631 -1.288
202109 0.500 115.734 0.569
202112 3.746 117.630 4.197
202203 -5.911 121.301 -6.421
202206 -2.344 125.017 -2.471
202209 3.895 125.227 4.099
202212 6.005 125.222 6.319
202303 0.179 127.348 0.185
202306 1.329 128.729 1.360
202309 2.317 129.860 2.351
202312 0.059 129.419 0.060
202403 -1.802 131.776 -1.802

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.


Acer  (TPE:2353) 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.


Acer Cyclically Adjusted Price-to-FCF Related Terms

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


Acer (TPE:2353) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acer Inc (TPE:2353) » Definitions » Cyclically Adjusted Price-to-FCF
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Address
No. 369, Fuxing North Road, Songshan District, Taipei, TWN, 105
Acer Inc is a hardware and electronics company specializing in advanced electronics technology. Its products are sold under three brands: Acer, Gateway, and Packard Bell. It include desktop PCs, clamshell laptops, 2-in-1 laptops, convertible laptops, Chromebooks, tablets, servers, storage devices, virtual reality devices, displays, smartphones, and peripherals. A large majority of the firm's revenue is derived from personal computers and the rest from peripherals and other products. The firm generates revenue in the Americas, Mainland China, Taiwan, and other countries across the world.

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