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Pan Jit International (TPE:2481) Cyclically Adjusted Price-to-FCF : 44.30 (As of May. 01, 2024)


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What is Pan Jit International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Pan Jit International's current share price is NT$56.70. Pan Jit International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was NT$1.28. Pan Jit International's Cyclically Adjusted Price-to-FCF for today is 44.30.

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

TPE:2481' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 36.41   Med: 58.21   Max: 196.15
Current: 42.57

During the past years, Pan Jit International's highest Cyclically Adjusted Price-to-FCF was 196.15. The lowest was 36.41. And the median was 58.21.

TPE:2481's Cyclically Adjusted Price-to-FCF is ranked worse than
54.68% of 342 companies
in the Semiconductors industry
Industry Median: 36.745 vs TPE:2481: 42.57

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.

Pan Jit International's adjusted free cash flow per share data for the three months ended in Dec. 2023 was NT$0.081. 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$1.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan Jit International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pan Jit 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.

Pan Jit International Cyclically Adjusted Price-to-FCF Chart

Pan Jit 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 - 74.09 65.16 60.64 52.47

Pan Jit International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 60.64 98.24 62.45 48.03 52.47

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

For the Semiconductor Equipment & Materials subindustry, Pan Jit 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.


Pan Jit International's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Pan Jit 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=56.70/1.28
=44.30

* 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.

Pan Jit International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Pan Jit International's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.081/129.4194*129.4194
=0.081

Current CPI (Dec. 2023) = 129.4194.

Pan Jit International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.973 99.695 1.263
201406 1.356 100.560 1.745
201409 0.233 100.428 0.300
201412 -2.350 99.070 -3.070
201503 -0.229 99.621 -0.297
201506 1.295 100.684 1.665
201509 -0.203 100.392 -0.262
201512 1.505 99.792 1.952
201603 0.414 100.470 0.533
201606 0.998 101.688 1.270
201609 1.188 101.861 1.509
201612 1.784 101.863 2.267
201703 0.961 102.862 1.209
201706 0.221 103.349 0.277
201709 -1.631 104.136 -2.027
201712 2.672 104.011 3.325
201803 -1.678 105.290 -2.063
201806 0.957 106.317 1.165
201809 0.091 106.507 0.111
201812 2.486 105.998 3.035
201903 0.368 107.251 0.444
201906 0.623 108.070 0.746
201909 0.425 108.329 0.508
201912 -0.825 108.420 -0.985
202003 0.443 108.902 0.526
202006 1.007 108.767 1.198
202009 -0.846 109.815 -0.997
202012 0.281 109.897 0.331
202103 -3.601 111.754 -4.170
202106 3.075 114.631 3.472
202109 1.852 115.734 2.071
202112 -5.534 117.630 -6.089
202203 -4.382 121.301 -4.675
202206 0.813 125.017 0.842
202209 1.419 125.227 1.467
202212 1.619 125.222 1.673
202303 -2.199 127.348 -2.235
202306 1.342 128.729 1.349
202309 3.374 129.860 3.363
202312 0.081 129.419 0.081

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.


Pan Jit International  (TPE:2481) 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.


Pan Jit International Cyclically Adjusted Price-to-FCF Related Terms

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


Pan Jit International (TPE:2481) Business Description

Traded in Other Exchanges
N/A
Address
No. 24, Gangshan North Road, Gangshan District, Kaohsiung, TWN, 820
Pan Jit International Inc is engaged in the manufacturing, processing, assembly, and import and export of semiconductors. The company also assembles, trades, and transfers technological advancements of machinery parts, and it also trades resins and paints for semiconductors. The company's product portfolio includes MOSFET, Schottky, SiC Devices, Diode Rectifiers, Protection Devices, Bipolar Junction Transistors, and Bridges.

Pan Jit International (TPE:2481) Headlines

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