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Ite Tech (TPE:3014) Cyclically Adjusted Price-to-FCF : 26.30 (As of Dec. 12, 2024)


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What is Ite Tech Cyclically Adjusted Price-to-FCF?

As of today (2024-12-12), Ite Tech's current share price is NT$146.50. Ite Tech's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was NT$5.57. Ite Tech's Cyclically Adjusted Price-to-FCF for today is 26.30.

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

TPE:3014' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.12   Med: 28.82   Max: 47.59
Current: 26.21

During the past years, Ite Tech's highest Cyclically Adjusted Price-to-FCF was 47.59. The lowest was 14.12. And the median was 28.82.

TPE:3014's Cyclically Adjusted Price-to-FCF is ranked better than
63.14% of 293 companies
in the Semiconductors industry
Industry Median: 35.97 vs TPE:3014: 26.21

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.

Ite Tech's adjusted free cash flow per share data for the three months ended in Sep. 2024 was NT$1.210. 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$5.57 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ite Tech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ite Tech'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.

Ite Tech Cyclically Adjusted Price-to-FCF Chart

Ite Tech 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 16.59 26.87 32.68 18.74 29.05

Ite Tech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 30.68 29.05 32.42 31.02 25.31

Competitive Comparison of Ite Tech's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Ite Tech'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.


Ite Tech's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Ite Tech 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.

Ite Tech's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=146.50/5.57
=26.30

* 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.

Ite Tech's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Ite Tech's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.21/133.0289*133.0289
=1.210

Current CPI (Sep. 2024) = 133.0289.

Ite Tech Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.170 99.070 0.228
201503 -0.667 99.621 -0.891
201506 -0.248 100.684 -0.328
201509 2.732 100.392 3.620
201512 -0.020 99.792 -0.027
201603 0.633 100.470 0.838
201606 -0.298 101.688 -0.390
201609 2.606 101.861 3.403
201612 0.041 101.863 0.054
201703 0.025 102.862 0.032
201706 -0.166 103.349 -0.214
201709 2.918 104.136 3.728
201712 -0.069 104.011 -0.088
201803 0.173 105.290 0.219
201806 1.740 106.317 2.177
201809 0.112 106.507 0.140
201812 -0.042 105.998 -0.053
201903 -0.254 107.251 -0.315
201906 1.195 108.070 1.471
201909 2.942 108.329 3.613
201912 1.937 108.420 2.377
202003 0.424 108.902 0.518
202006 -3.233 108.767 -3.954
202009 1.224 109.815 1.483
202012 2.362 109.897 2.859
202103 1.400 111.754 1.667
202106 0.583 114.631 0.677
202109 2.157 115.734 2.479
202112 1.630 117.630 1.843
202203 0.864 121.301 0.948
202206 -1.155 125.017 -1.229
202209 6.318 125.227 6.712
202212 1.313 125.222 1.395
202303 2.743 127.348 2.865
202306 8.303 128.729 8.580
202309 1.500 129.860 1.537
202312 1.976 129.419 2.031
202403 2.801 131.776 2.828
202406 1.655 132.554 1.661
202409 1.210 133.029 1.210

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.


Ite Tech  (TPE:3014) 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.


Ite Tech Cyclically Adjusted Price-to-FCF Related Terms

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


Ite Tech Business Description

Industry
Traded in Other Exchanges
N/A
Address
3F, No. 13, Innovation Road I, Hsinchu Science Park, Hsinchu, TWN, 30076
Ite Tech Inc is a fabless integrated circuit (IC) design house. The company principally develops, manufactures, and markets integrated circuits. Its product offerings include Super I/O control (SIO) ICs for desktop computers, embedded control (EC) ICs for notebook computers, high-speed audio-video interface related ICs, system on a chip (SoC), and other customized application chips.

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