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Zippy Technology (TPE:2420) Cyclically Adjusted Price-to-FCF : 12.51 (As of May. 21, 2024)


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What is Zippy Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Zippy Technology's current share price is NT$58.90. Zippy Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.71. Zippy Technology's Cyclically Adjusted Price-to-FCF for today is 12.51.

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

TPE:2420' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.35   Med: 10.67   Max: 12.92
Current: 12.25

During the past years, Zippy Technology's highest Cyclically Adjusted Price-to-FCF was 12.92. The lowest was 8.35. And the median was 10.67.

TPE:2420's Cyclically Adjusted Price-to-FCF is ranked better than
86.46% of 1034 companies
in the Industrial Products industry
Industry Median: 33.575 vs TPE:2420: 12.25

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.

Zippy Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.619. 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$4.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zippy Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zippy Technology'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.

Zippy Technology Cyclically Adjusted Price-to-FCF Chart

Zippy Technology 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 11.20 9.51 11.53 8.63 10.84

Zippy Technology 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 10.29 10.67 10.62 10.84 11.40

Competitive Comparison of Zippy Technology's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Zippy Technology'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.


Zippy Technology's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Zippy Technology 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=58.90/4.71
=12.51

* 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.

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

For example, Zippy Technology'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)
=1.619/131.7762*131.7762
=1.619

Current CPI (Mar. 2024) = 131.7762.

Zippy Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.736 100.560 0.964
201409 2.109 100.428 2.767
201412 1.540 99.070 2.048
201503 1.607 99.621 2.126
201506 0.361 100.684 0.472
201509 1.198 100.392 1.573
201512 2.145 99.792 2.832
201603 0.708 100.470 0.929
201606 0.411 101.688 0.533
201609 0.851 101.861 1.101
201612 1.463 101.863 1.893
201703 0.165 102.862 0.211
201706 -0.111 103.349 -0.142
201709 -0.213 104.136 -0.270
201712 1.367 104.011 1.732
201803 -0.473 105.290 -0.592
201806 -0.310 106.317 -0.384
201809 2.284 106.507 2.826
201812 1.306 105.998 1.624
201903 1.222 107.251 1.501
201906 0.446 108.070 0.544
201909 1.772 108.329 2.156
201912 0.880 108.420 1.070
202003 0.789 108.902 0.955
202006 0.686 108.767 0.831
202009 0.738 109.815 0.886
202012 0.842 109.897 1.010
202103 -1.417 111.754 -1.671
202106 3.436 114.631 3.950
202109 2.073 115.734 2.360
202112 0.715 117.630 0.801
202203 0.404 121.301 0.439
202206 -0.208 125.017 -0.219
202209 1.694 125.227 1.783
202212 1.261 125.222 1.327
202303 1.668 127.348 1.726
202306 1.025 128.729 1.049
202309 1.104 129.860 1.120
202312 1.585 129.419 1.614
202403 1.619 131.776 1.619

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.


Zippy Technology  (TPE:2420) 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.


Zippy Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Zippy Technology (TPE:2420) Business Description

Traded in Other Exchanges
N/A
Address
No. 50, Minquan Road, 10th Floor, Xindian District, New Taipei, TWN
Zippy Technology Corp is engaged in the designing, manufacturing and trading of micro switches, power supplies. Its products are widely used in consumer electronics, IT peripherals, communication products, household appliances, medical and industrial products, and automobiles.

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