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Macnica Anstek (TPE:3528) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Macnica Anstek Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Macnica Anstek Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Macnica Anstek'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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Macnica Anstek Cyclically Adjusted Price-to-FCF Chart

Macnica Anstek Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 38.31 21.95 59.32 -

Macnica Anstek Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Macnica Anstek's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, Macnica Anstek'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.


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

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

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



Macnica Anstek 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.

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

For example, Macnica Anstek'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)
=2.062/131.7762*131.7762
=2.062

Current CPI (Mar. 2024) = 131.7762.

Macnica Anstek Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.035 99.695 1.368
201406 -4.914 100.560 -6.439
201409 -6.075 100.428 -7.971
201412 -2.574 99.070 -3.424
201503 5.966 99.621 7.892
201506 -0.525 100.684 -0.687
201509 -0.963 100.392 -1.264
201512 8.874 99.792 11.718
201603 3.304 100.470 4.334
201606 -1.737 101.688 -2.251
201609 -3.595 101.861 -4.651
201612 1.459 101.863 1.887
201703 -2.449 102.862 -3.137
201706 -0.341 103.349 -0.435
201709 -0.046 104.136 -0.058
201712 1.300 104.011 1.647
201803 -0.140 105.290 -0.175
201806 -3.702 106.317 -4.589
201809 0.570 106.507 0.705
201812 5.123 105.998 6.369
201903 -0.229 107.251 -0.281
201906 -1.039 108.070 -1.267
201909 0.975 108.329 1.186
201912 3.532 108.420 4.293
202003 -3.551 108.902 -4.297
202006 5.825 108.767 7.057
202009 0.877 109.815 1.052
202012 1.544 109.897 1.851
202103 -3.845 111.754 -4.534
202106 -6.909 114.631 -7.942
202109 5.179 115.734 5.897
202112 -2.222 117.630 -2.489
202203 -5.255 121.301 -5.709
202206 0.796 125.017 0.839
202209 8.997 125.227 9.468
202212 -15.604 125.222 -16.421
202303 -12.070 127.348 -12.490
202306 13.121 128.729 13.432
202309 2.029 129.860 2.059
202403 2.062 131.776 2.062

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.


Macnica Anstek  (TPE:3528) 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.


Macnica Anstek Cyclically Adjusted Price-to-FCF Related Terms

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Macnica Anstek (TPE:3528) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Xintai 5th Road, Yuzhi District, 21st Floor, No. 75, Section 1, Hsichih, Taipei, TWN, 221
Answer Technology Co Ltd is engaged in import, export and trading of electronic components. The company supplies analogue and semiconductor devices, micro telecommunication technologies and equipment.

Macnica Anstek (TPE:3528) Headlines

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