GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inventec Corp (TPE:2356) » Definitions » Cyclically Adjusted Price-to-FCF

Inventec (TPE:2356) Cyclically Adjusted Price-to-FCF : 50.91 (As of May. 27, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Inventec Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Inventec's current share price is NT$56.00. Inventec's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.10. Inventec's Cyclically Adjusted Price-to-FCF for today is 50.91.

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

TPE:2356' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.95   Med: 21.65   Max: 138.86
Current: 50.16

During the past years, Inventec's highest Cyclically Adjusted Price-to-FCF was 138.86. The lowest was 10.95. And the median was 21.65.

TPE:2356's Cyclically Adjusted Price-to-FCF is ranked worse than
68.06% of 933 companies
in the Hardware industry
Industry Median: 31.01 vs TPE:2356: 50.16

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.

Inventec's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$3.009. 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$1.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inventec Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Inventec'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.

Inventec Cyclically Adjusted Price-to-FCF Chart

Inventec 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 14.63 18.31 27.05 29.77 118.84

Inventec 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 19.70 36.95 48.45 118.84 54.44

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

For the Computer Hardware subindustry, Inventec'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.


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

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

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



Inventec 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=56.00/1.1
=50.91

* 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.

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

For example, Inventec'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)
=3.009/131.7762*131.7762
=3.009

Current CPI (Mar. 2024) = 131.7762.

Inventec Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.082 100.560 0.107
201409 0.382 100.428 0.501
201412 0.927 99.070 1.233
201503 -0.133 99.621 -0.176
201506 0.125 100.684 0.164
201509 -0.185 100.392 -0.243
201512 3.814 99.792 5.036
201603 -1.506 100.470 -1.975
201606 1.180 101.688 1.529
201609 -1.259 101.861 -1.629
201612 0.935 101.863 1.210
201703 -3.795 102.862 -4.862
201706 -3.055 103.349 -3.895
201709 2.790 104.136 3.531
201712 3.849 104.011 4.876
201803 2.068 105.290 2.588
201806 -5.844 106.317 -7.243
201809 -0.105 106.507 -0.130
201812 1.727 105.998 2.147
201903 1.731 107.251 2.127
201906 -1.571 108.070 -1.916
201909 0.699 108.329 0.850
201912 1.413 108.420 1.717
202003 4.948 108.902 5.987
202006 -10.247 108.767 -12.415
202009 2.426 109.815 2.911
202012 3.356 109.897 4.024
202103 0.867 111.754 1.022
202106 -1.589 114.631 -1.827
202109 -3.401 115.734 -3.872
202112 -0.245 117.630 -0.274
202203 1.738 121.301 1.888
202206 -0.365 125.017 -0.385
202209 -0.161 125.227 -0.169
202212 3.462 125.222 3.643
202303 3.851 127.348 3.985
202306 -0.330 128.729 -0.338
202309 -0.552 129.860 -0.560
202312 -1.191 129.419 -1.213
202403 3.009 131.776 3.009

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.


Inventec  (TPE:2356) 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.


Inventec Cyclically Adjusted Price-to-FCF Related Terms

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


Inventec (TPE:2356) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inventec Corp (TPE:2356) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
No. 66, Hougang Street, Shinlin District, Taipei, TWN, 111059
Inventec Corp is a Taiwan-based original design manufacturer of electronic products for use in consumer, commercial, and industrial applications. The company has two reportable segments: the core department and other departments. The company generates maximum revenue from the Core department segment, which manufactures and sells computer products. The other department segment develops and manufactures emerging environmental energy. Its products include notebook PCs, tablet PCs, desktop computers, computer peripherals, personal digital products, multimedia audio products, servers, switches, and data storage equipment. Its geographical segments are Taiwan; United States; Japan; Hong Kong, Macao, and Mainland China; and Other Countries.

Inventec (TPE:2356) Headlines

No Headlines