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Ares International (TPE:2471) Cyclically Adjusted Price-to-FCF : 23.01 (As of Sep. 21, 2024)


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What is Ares International Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Ares International's current share price is NT$49.25. Ares International's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was NT$2.14. Ares International's Cyclically Adjusted Price-to-FCF for today is 23.01.

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

TPE:2471' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.64   Med: 14.21   Max: 35.84
Current: 23.11

During the past years, Ares International's highest Cyclically Adjusted Price-to-FCF was 35.84. The lowest was 8.64. And the median was 14.21.

TPE:2471's Cyclically Adjusted Price-to-FCF is ranked better than
60.22% of 651 companies
in the Software industry
Industry Median: 29.07 vs TPE:2471: 23.11

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.

Ares International's adjusted free cash flow per share data for the three months ended in Jun. 2024 was NT$0.851. 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$2.14 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ares International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ares International'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.

Ares International Cyclically Adjusted Price-to-FCF Chart

Ares International 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 10.16 14.45 15.46 14.86 26.94

Ares International Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 29.10 26.41 26.94 29.39 26.88

Competitive Comparison of Ares International's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Ares International'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.


Ares International's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Ares International 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=49.25/2.14
=23.01

* 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.

Ares International's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Ares International's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.851/132.5538*132.5538
=0.851

Current CPI (Jun. 2024) = 132.5538.

Ares International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.414 100.428 0.546
201412 1.739 99.070 2.327
201503 -0.359 99.621 -0.478
201506 -0.005 100.684 -0.007
201509 0.354 100.392 0.467
201512 0.165 99.792 0.219
201603 0.021 100.470 0.028
201606 0.197 101.688 0.257
201609 -0.299 101.861 -0.389
201612 0.554 101.863 0.721
201703 -1.225 102.862 -1.579
201706 0.823 103.349 1.056
201709 0.910 104.136 1.158
201712 0.554 104.011 0.706
201803 -1.145 105.290 -1.441
201806 0.641 106.317 0.799
201809 0.760 106.507 0.946
201812 0.968 105.998 1.211
201903 0.415 107.251 0.513
201906 0.389 108.070 0.477
201909 1.155 108.329 1.413
201912 1.474 108.420 1.802
202003 -0.559 108.902 -0.680
202006 0.350 108.767 0.427
202009 1.152 109.815 1.391
202012 2.168 109.897 2.615
202103 -0.684 111.754 -0.811
202106 -0.402 114.631 -0.465
202109 0.125 115.734 0.143
202112 1.324 117.630 1.492
202203 0.365 121.301 0.399
202206 0.671 125.017 0.711
202209 0.735 125.227 0.778
202212 1.767 125.222 1.870
202303 -1.041 127.348 -1.084
202306 1.101 128.729 1.134
202309 1.151 129.860 1.175
202312 1.433 129.419 1.468
202403 -0.805 131.776 -0.810
202406 0.851 132.554 0.851

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.


Ares International  (TPE:2471) 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.


Ares International Cyclically Adjusted Price-to-FCF Related Terms

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


Ares International Business Description

Industry
Traded in Other Exchanges
N/A
Address
Zhongshan North Road, Shuanglian Building-3rd Floor, No. 111, Section 2, Taipei, TWN
Ares International Corp is Taiwan based company. The company is engaged in the design, sales, lease, maintenance and technology consultation of computer equipment, internet and related software, and analysis, design, modification, installment and maintenance of application software. The major geographical regions in which the company operates are Asia, Taiwan, America and Others.

Ares International Headlines

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