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Aurora (TPE:2373) Cyclically Adjusted Price-to-FCF : 13.44 (As of Jun. 19, 2024)


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What is Aurora Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Aurora's current share price is NT$74.70. Aurora's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$5.56. Aurora's Cyclically Adjusted Price-to-FCF for today is 13.44.

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

TPE:2373' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.47   Med: 16.04   Max: 19.03
Current: 13.37

During the past years, Aurora's highest Cyclically Adjusted Price-to-FCF was 19.03. The lowest was 12.47. And the median was 16.04.

TPE:2373's Cyclically Adjusted Price-to-FCF is ranked better than
65.85% of 82 companies
in the Industrial Distribution industry
Industry Median: 24.445 vs TPE:2373: 13.37

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.

Aurora's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-1.151. 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$5.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurora Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aurora'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.

Aurora Cyclically Adjusted Price-to-FCF Chart

Aurora 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 16.51 16.94 16.36 14.33 14.02

Aurora 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 13.51 13.63 12.81 14.02 13.23

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

For the Industrial Distribution subindustry, Aurora'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.


Aurora's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Aurora's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aurora 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=74.70/5.56
=13.44

* 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.

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

For example, Aurora'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)
=-1.151/131.7762*131.7762
=-1.151

Current CPI (Mar. 2024) = 131.7762.

Aurora Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.543 100.560 0.712
201409 0.889 100.428 1.167
201412 3.325 99.070 4.423
201503 -2.569 99.621 -3.398
201506 1.728 100.684 2.262
201509 0.784 100.392 1.029
201512 5.403 99.792 7.135
201603 -2.423 100.470 -3.178
201606 1.644 101.688 2.130
201609 1.429 101.861 1.849
201612 3.053 101.863 3.950
201703 -2.070 102.862 -2.652
201706 0.636 103.349 0.811
201709 2.207 104.136 2.793
201712 7.418 104.011 9.398
201803 -4.807 105.290 -6.016
201806 2.242 106.317 2.779
201809 1.450 106.507 1.794
201812 5.356 105.998 6.659
201903 -2.122 107.251 -2.607
201906 0.428 108.070 0.522
201909 1.438 108.329 1.749
201912 4.004 108.420 4.867
202003 -2.624 108.902 -3.175
202006 2.211 108.767 2.679
202009 2.742 109.815 3.290
202012 3.055 109.897 3.663
202103 -0.918 111.754 -1.082
202106 1.668 114.631 1.917
202109 1.758 115.734 2.002
202112 1.636 117.630 1.833
202203 -1.890 121.301 -2.053
202206 0.493 125.017 0.520
202209 -0.078 125.227 -0.082
202212 2.911 125.222 3.063
202303 0.760 127.348 0.786
202306 1.525 128.729 1.561
202309 2.020 129.860 2.050
202312 1.613 129.419 1.642
202403 -1.151 131.776 -1.151

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.


Aurora  (TPE:2373) 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.


Aurora Cyclically Adjusted Price-to-FCF Related Terms

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


Aurora (TPE:2373) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Xinyi Road, 15th Floor, No. 2, Section 5, Taipei, TWN
Aurora Corp is engaged in the sale of office automation equipment, office furniture, communication products, 3D printers, office cloud solutions, and electronics. The company primarily operates in Chinese-speaking markets, including mainland China, Taiwan, and elsewhere. Aurora has five business units in Taiwan: Aurora Office Equipment, Aurora System, Aurora Office Automation, Aurora Furniture, and Aurora Telecom. In mainland China, the company sells its own brand of office equipment, office furniture, and electronic goods. Aurora has established major centers in Aurora Jiading Park for design, engineering technology, quality inspection, office environment display center, logistics, and education.

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