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Promise Technology (TPE:3057) Cyclically Adjusted Price-to-FCF : (As of Dec. 11, 2024)


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What is Promise Technology Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Promise Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Promise Technology'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.

Promise Technology Cyclically Adjusted Price-to-FCF Chart

Promise Technology 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 48.04 13.95 16.43 16.53 -

Promise Technology 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 - - - - -

Competitive Comparison of Promise Technology's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Promise Technology'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.


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

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

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



Promise Technology 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.

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

For example, Promise Technology'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)
=0.059/133.0289*133.0289
=0.059

Current CPI (Sep. 2024) = 133.0289.

Promise Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.795 99.070 1.068
201503 -0.129 99.621 -0.172
201506 1.475 100.684 1.949
201509 0.197 100.392 0.261
201512 -0.323 99.792 -0.431
201603 -0.076 100.470 -0.101
201606 -0.501 101.688 -0.655
201609 -0.384 101.861 -0.501
201612 0.499 101.863 0.652
201703 -2.783 102.862 -3.599
201706 -2.108 103.349 -2.713
201709 -0.561 104.136 -0.717
201712 -0.715 104.011 -0.914
201803 -0.594 105.290 -0.750
201806 -0.168 106.317 -0.210
201809 0.718 106.507 0.897
201812 0.175 105.998 0.220
201903 -0.949 107.251 -1.177
201906 -0.165 108.070 -0.203
201909 -0.458 108.329 -0.562
201912 0.269 108.420 0.330
202003 -2.061 108.902 -2.518
202006 0.008 108.767 0.010
202009 0.199 109.815 0.241
202012 0.474 109.897 0.574
202103 -0.068 111.754 -0.081
202106 0.177 114.631 0.205
202109 0.086 115.734 0.099
202112 -0.108 117.630 -0.122
202203 0.156 121.301 0.171
202206 0.015 125.017 0.016
202209 0.135 125.227 0.143
202212 -0.099 125.222 -0.105
202303 -0.289 127.348 -0.302
202306 -0.380 128.729 -0.393
202309 -0.041 129.860 -0.042
202312 0.066 129.419 0.068
202403 -0.257 131.776 -0.259
202406 0.016 132.554 0.016
202409 0.059 133.029 0.059

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.


Promise Technology  (TPE:3057) 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.


Promise Technology Cyclically Adjusted Price-to-FCF Related Terms

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Promise Technology Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 30, Industrial East 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu County, Hsinchu, TWN, 300096
Promise Technology Inc is a developer of open storage platforms, designed for the data centre, surveillance, cloud, and rich media markets. Its product portfolio comprises VTrak, Vess, Pegasus, and SANlink. In addition, the company offers solutions, including consumer/IoT, rich media, cloud, surveillance, and IT solutions, as well as professional services comprising warranties, onsite hardware replacement, training, and installation services. It offers computer storage equipment high -performance control cards and systems, computer high-performance network and graphics systems, multimedia software, and hardware kits and systems, and Products related to computer and telephone integration technology.

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