GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Formosa Sumco Technology Corp (TPE:3532) » Definitions » Cyclically Adjusted Price-to-FCF

Formosa Sumco Technology (TPE:3532) Cyclically Adjusted Price-to-FCF : 50.24 (As of Dec. 13, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Formosa Sumco Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-12-13), Formosa Sumco Technology's current share price is NT$105.50. Formosa Sumco Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was NT$2.10. Formosa Sumco Technology's Cyclically Adjusted Price-to-FCF for today is 50.24.

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

TPE:3532' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.6   Med: 27.93   Max: 66.55
Current: 54.15

During the past years, Formosa Sumco Technology's highest Cyclically Adjusted Price-to-FCF was 66.55. The lowest was 14.60. And the median was 27.93.

TPE:3532's Cyclically Adjusted Price-to-FCF is ranked worse than
62.12% of 293 companies
in the Semiconductors industry
Industry Median: 36.22 vs TPE:3532: 54.15

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.

Formosa Sumco Technology's adjusted free cash flow per share data for the three months ended in Sep. 2024 was NT$-3.918. 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$2.10 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Formosa Sumco Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Formosa Sumco 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.

Formosa Sumco Technology Cyclically Adjusted Price-to-FCF Chart

Formosa Sumco 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 24.26 27.21 43.25 15.69 39.00

Formosa Sumco 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 21.86 39.00 45.70 62.70 65.60

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

For the Semiconductor Equipment & Materials subindustry, Formosa Sumco 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.


Formosa Sumco Technology's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Formosa Sumco 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.

Formosa Sumco Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=105.50/2.1
=50.24

* 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.

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

For example, Formosa Sumco 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)
=-3.918/133.0289*133.0289
=-3.918

Current CPI (Sep. 2024) = 133.0289.

Formosa Sumco Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 3.096 99.070 4.157
201503 1.978 99.621 2.641
201506 1.833 100.684 2.422
201509 0.911 100.392 1.207
201512 1.189 99.792 1.585
201603 -0.364 100.470 -0.482
201606 1.153 101.688 1.508
201609 1.873 101.861 2.446
201612 2.763 101.863 3.608
201703 1.326 102.862 1.715
201706 2.826 103.349 3.638
201709 2.390 104.136 3.053
201712 1.462 104.011 1.870
201803 0.329 105.290 0.416
201806 4.060 106.317 5.080
201809 4.116 106.507 5.141
201812 5.240 105.998 6.576
201903 2.267 107.251 2.812
201906 1.677 108.070 2.064
201909 1.075 108.329 1.320
201912 1.082 108.420 1.328
202003 -0.142 108.902 -0.173
202006 2.209 108.767 2.702
202009 2.951 109.815 3.575
202012 2.433 109.897 2.945
202103 0.554 111.754 0.659
202106 0.120 114.631 0.139
202109 3.079 115.734 3.539
202112 1.446 117.630 1.635
202203 -0.722 121.301 -0.792
202206 11.757 125.017 12.510
202209 -1.081 125.227 -1.148
202212 -4.126 125.222 -4.383
202303 -7.926 127.348 -8.280
202306 -9.940 128.729 -10.272
202309 -7.978 129.860 -8.173
202312 -12.060 129.419 -12.396
202403 -5.864 131.776 -5.920
202406 -5.376 132.554 -5.395
202409 -3.918 133.029 -3.918

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.


Formosa Sumco Technology  (TPE:3532) 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.


Formosa Sumco Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Formosa Sumco Technology Business Description

Traded in Other Exchanges
N/A
Address
Dunhua North Road, Room 388, 7th Floor, No. 201, Taipei, TWN
Formosa Sumco Technology Corp is a Taiwan-based manufacturer and seller of silicon wafer electronic products. The company operates in two principal geographical areas: Taiwan and Japan. Its largest end market by revenue is Taiwan. The company's product range includes Polished Wafers, Annealed Wafer, Test Wafer, and Epitaxial Wafer.

Formosa Sumco Technology Headlines

No Headlines