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Bright Led Electronics (TPE:3031) Cyclically Adjusted Price-to-FCF : 15.46 (As of May. 12, 2025)


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What is Bright Led Electronics Cyclically Adjusted Price-to-FCF?

As of today (2025-05-12), Bright Led Electronics's current share price is NT$18.55. Bright Led Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was NT$1.20. Bright Led Electronics's Cyclically Adjusted Price-to-FCF for today is 15.46.

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

TPE:3031' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.82   Med: 12.01   Max: 27.53
Current: 15.44

During the past years, Bright Led Electronics's highest Cyclically Adjusted Price-to-FCF was 27.53. The lowest was 6.82. And the median was 12.01.

TPE:3031's Cyclically Adjusted Price-to-FCF is ranked better than
71.02% of 1011 companies
in the Hardware industry
Industry Median: 27.14 vs TPE:3031: 15.44

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.

Bright Led Electronics's adjusted free cash flow per share data for the three months ended in Dec. 2024 was NT$0.752. 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$1.20 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bright Led Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bright Led 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.

Bright Led Electronics Cyclically Adjusted Price-to-FCF Chart

Bright Led Electronics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.19 13.68 8.52 17.39 19.11

Bright Led Electronics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 17.39 17.31 18.92 24.18 19.11

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

For the Electronic Components subindustry, Bright Led 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.


Bright Led Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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


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Bright Led 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.55/1.20
=15.46

* 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.

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

For example, Bright Led Electronics's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.752/133.1571*133.1571
=0.752

Current CPI (Dec. 2024) = 133.1571.

Bright Led Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.323 99.621 0.432
201506 -0.624 100.684 -0.825
201509 0.681 100.392 0.903
201512 0.624 99.792 0.833
201603 -0.214 100.470 -0.284
201606 -0.114 101.688 -0.149
201609 0.059 101.861 0.077
201612 0.984 101.863 1.286
201703 0.154 102.862 0.199
201706 0.070 103.349 0.090
201709 0.068 104.136 0.087
201712 -0.003 104.011 -0.004
201803 0.300 105.290 0.379
201806 0.009 106.317 0.011
201809 0.689 106.507 0.861
201812 0.389 105.998 0.489
201903 0.202 107.251 0.251
201906 0.415 108.070 0.511
201909 0.471 108.329 0.579
201912 0.313 108.420 0.384
202003 0.970 108.902 1.186
202006 0.161 108.767 0.197
202009 0.411 109.815 0.498
202012 0.134 109.897 0.162
202103 0.347 111.754 0.413
202106 0.183 114.631 0.213
202109 0.077 115.734 0.089
202112 0.184 117.630 0.208
202203 -0.315 121.301 -0.346
202206 -0.312 125.017 -0.332
202209 0.785 125.227 0.835
202212 0.434 125.222 0.462
202303 0.194 127.348 0.203
202306 -0.081 128.729 -0.084
202309 -0.672 129.860 -0.689
202312 1.478 129.419 1.521
202403 -0.012 131.776 -0.012
202406 0.181 132.554 0.182
202409 0.414 133.029 0.414
202412 0.752 133.157 0.752

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.


Bright Led Electronics  (TPE:3031) 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.


Bright Led Electronics Cyclically Adjusted Price-to-FCF Related Terms

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


Bright Led Electronics Business Description

Industry
Traded in Other Exchanges
N/A
Address
3rd Floor, No.19, Heping Road, Banqiao District, New Taipei City, TWN, 22061
Bright Led Electronics Corp is engaged in the engaged in the manufacturing and sales of light-emitting diode, indicator lights, displays and other extended products and undertaking engineering projects that provide indicator lights, displays and related supporting engineering projects. The company operates in four principal geographical areas - the United States, China, Taiwan, Korea and others.

Bright Led Electronics Headlines

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