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WT Microelectronics Co (TPE:3036) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is WT Microelectronics Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


WT Microelectronics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for WT Microelectronics Co'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.

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WT Microelectronics Co Cyclically Adjusted Price-to-FCF Chart

WT Microelectronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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WT Microelectronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of WT Microelectronics Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, WT Microelectronics Co'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.


WT Microelectronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



WT Microelectronics Co 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.

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

For example, WT Microelectronics Co'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)
=3.698/131.7762*131.7762
=3.698

Current CPI (Mar. 2024) = 131.7762.

WT Microelectronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.621 100.560 2.124
201409 -6.150 100.428 -8.070
201412 -2.209 99.070 -2.938
201503 -0.312 99.621 -0.413
201506 -2.786 100.684 -3.646
201509 -6.849 100.392 -8.990
201512 3.523 99.792 4.652
201603 2.678 100.470 3.512
201606 -1.610 101.688 -2.086
201609 -5.007 101.861 -6.477
201612 -5.631 101.863 -7.285
201703 4.644 102.862 5.949
201706 1.987 103.349 2.534
201709 -9.900 104.136 -12.528
201712 1.155 104.011 1.463
201803 -4.652 105.290 -5.822
201806 -7.031 106.317 -8.715
201809 15.068 106.507 18.643
201812 -4.102 105.998 -5.100
201903 -6.469 107.251 -7.948
201906 0.527 108.070 0.643
201909 7.516 108.329 9.143
201912 2.480 108.420 3.014
202003 -18.911 108.902 -22.883
202006 13.723 108.767 16.626
202009 2.407 109.815 2.888
202012 -2.854 109.897 -3.422
202103 -6.832 111.754 -8.056
202106 -4.475 114.631 -5.144
202109 -3.777 115.734 -4.301
202112 -0.913 117.630 -1.023
202203 0.818 121.301 0.889
202206 -15.964 125.017 -16.827
202209 -0.666 125.227 -0.701
202212 11.374 125.222 11.969
202303 5.389 127.348 5.576
202306 16.071 128.729 16.451
202309 15.129 129.860 15.352
202312 8.982 129.419 9.146
202403 3.698 131.776 3.698

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.


WT Microelectronics Co  (TPE:3036) 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.


WT Microelectronics Co Cyclically Adjusted Price-to-FCF Related Terms

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WT Microelectronics Co (TPE:3036) Business Description

Industry
Traded in Other Exchanges
Address
No. 738, Zhongzheng Road, 235th Floor, Zhonghe District, New Taipei, TWN, 235
WT Microelectronics Co Ltd develops and sells electronic and communication components. Supply chain management services are offered to vendors and customers primarily in China, but the company does contract business from other Asia Pacific countries. The majority of revenue is derived from clients in the communication, computing, and consumer markets. The company depends on a host of marketing and sales channels to help deliver value-add technical support, explore component application opportunities, and facilitate product development timelines. WT Microelectronics aims to co-define the product marketing strategy with upstream vendors and reduce the research and development pipeline for downstream clients.

WT Microelectronics Co (TPE:3036) Headlines

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