GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HTC Corp (TPE:2498) » Definitions » Cyclically Adjusted Price-to-FCF

HTC (TPE:2498) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


View and export this data going back to 2002. Start your Free Trial

What is HTC Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


HTC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HTC'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.

HTC Cyclically Adjusted Price-to-FCF Chart

HTC 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 5.20 39.38 - - -

HTC 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 - - - - -

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

For the Consumer Electronics subindustry, HTC'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.


HTC's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



HTC 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.

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

For example, HTC'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)
=-1.031/131.7762*131.7762
=-1.031

Current CPI (Mar. 2024) = 131.7762.

HTC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 6.067 100.560 7.950
201409 5.105 100.428 6.699
201412 1.193 99.070 1.587
201503 -3.268 99.621 -4.323
201506 -4.788 100.684 -6.267
201509 -3.993 100.392 -5.241
201512 -5.044 99.792 -6.661
201603 -4.415 100.470 -5.791
201606 -2.623 101.688 -3.399
201609 -7.679 101.861 -9.934
201612 2.218 101.863 2.869
201703 -6.892 102.862 -8.829
201706 -10.129 103.349 -12.915
201709 -2.623 104.136 -3.319
201712 -3.802 104.011 -4.817
201803 -4.942 105.290 -6.185
201806 -1.417 106.317 -1.756
201809 -2.960 106.507 -3.662
201812 -2.942 105.998 -3.657
201903 -3.589 107.251 -4.410
201906 -3.053 108.070 -3.723
201909 -1.789 108.329 -2.176
201912 -2.961 108.420 -3.599
202003 -3.673 108.902 -4.445
202006 -2.149 108.767 -2.604
202009 -2.153 109.815 -2.584
202012 -1.452 109.897 -1.741
202103 -2.063 111.754 -2.433
202106 -1.255 114.631 -1.443
202109 -0.802 115.734 -0.913
202112 -1.494 117.630 -1.674
202203 -1.711 121.301 -1.859
202206 -0.854 125.017 -0.900
202209 -0.733 125.227 -0.771
202212 -1.328 125.222 -1.398
202303 -1.666 127.348 -1.724
202306 -1.016 128.729 -1.040
202309 -1.074 129.860 -1.090
202312 -1.278 129.419 -1.301
202403 -1.031 131.776 -1.031

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.


HTC  (TPE:2498) 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.


HTC Cyclically Adjusted Price-to-FCF Related Terms

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


HTC (TPE:2498) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HTC Corp (TPE:2498) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
No. 23, Xinghua Road, Taoyuan District, Taoyuan, TWN, 330
HTC Corporation is a Taiwanese consumer electronics company. The Company is engaged in designing, manufacturing, assembling, processing, and selling smart mobile and virtual reality devices and after-sales services. Its products include smartphones, tablets, cameras, wearable fitness devices, Blockchain phones, Vive, and virtual reality headsets. More than half of the firm's revenue is generated in Taiwan, with the rest coming from countries in Asia, the Middle East, and other regions.

HTC (TPE:2498) Headlines

No Headlines