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Greatek Electronics (TPE:2441) Cyclically Adjusted Price-to-FCF : 17.05 (As of May. 22, 2024)


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What is Greatek Electronics Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Greatek Electronics's current share price is NT$62.40. Greatek Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.66. Greatek Electronics's Cyclically Adjusted Price-to-FCF for today is 17.05.

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

TPE:2441' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.43   Med: 18.07   Max: 32.94
Current: 17.14

During the past years, Greatek Electronics's highest Cyclically Adjusted Price-to-FCF was 32.94. The lowest was 13.43. And the median was 18.07.

TPE:2441's Cyclically Adjusted Price-to-FCF is ranked better than
80.62% of 320 companies
in the Semiconductors industry
Industry Median: 40.025 vs TPE:2441: 17.14

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.

Greatek Electronics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.367. 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$3.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greatek Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Greatek Electronics'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.

Greatek Electronics Cyclically Adjusted Price-to-FCF Chart

Greatek Electronics 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 18.99 20.74 25.39 14.62 17.24

Greatek Electronics 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 16.01 16.93 16.06 17.24 16.84

Competitive Comparison of Greatek Electronics's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Greatek Electronics'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.


Greatek Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Greatek Electronics 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=62.40/3.66
=17.05

* 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.

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

For example, Greatek Electronics'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)
=1.367/131.7762*131.7762
=1.367

Current CPI (Mar. 2024) = 131.7762.

Greatek Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.390 100.560 0.511
201409 -0.095 100.428 -0.125
201412 1.252 99.070 1.665
201503 0.902 99.621 1.193
201506 0.407 100.684 0.533
201509 1.488 100.392 1.953
201512 0.776 99.792 1.025
201603 1.014 100.470 1.330
201606 0.633 101.688 0.820
201609 0.449 101.861 0.581
201612 -0.404 101.863 -0.523
201703 0.449 102.862 0.575
201706 0.123 103.349 0.157
201709 0.823 104.136 1.041
201712 0.642 104.011 0.813
201803 0.693 105.290 0.867
201806 0.449 106.317 0.557
201809 0.634 106.507 0.784
201812 0.693 105.998 0.862
201903 0.893 107.251 1.097
201906 0.830 108.070 1.012
201909 0.999 108.329 1.215
201912 0.851 108.420 1.034
202003 0.108 108.902 0.131
202006 0.997 108.767 1.208
202009 0.674 109.815 0.809
202012 1.166 109.897 1.398
202103 0.493 111.754 0.581
202106 0.647 114.631 0.744
202109 0.399 115.734 0.454
202112 1.875 117.630 2.100
202203 1.270 121.301 1.380
202206 0.057 125.017 0.060
202209 1.475 125.227 1.552
202212 0.634 125.222 0.667
202303 1.055 127.348 1.092
202306 1.112 128.729 1.138
202309 1.097 129.860 1.113
202312 1.832 129.419 1.865
202403 1.367 131.776 1.367

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.


Greatek Electronics  (TPE:2441) 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.


Greatek Electronics Cyclically Adjusted Price-to-FCF Related Terms

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


Greatek Electronics (TPE:2441) Business Description

Traded in Other Exchanges
N/A
Address
No.136 Gongyi Road, Zhunan Town, Miaoli County, Miaoli, TWN
Greatek Electronics Inc is engaged in assembling, packaging, and testing semiconductors. The firm operates in two main segments: assembly services and testing services. Over half of revenue comes from the assembly services segment. The assembly services segment provides lead-frame bases for conductors, produces copper wires, and builds semiconductors through contract agreements. The testing services segment runs experiments and completes final tests of semiconductors. The majority of Greatek's revenue is made in Taiwan.

Greatek Electronics (TPE:2441) Headlines

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