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Apex International Co (TPE:4927) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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What is Apex International Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex International Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Apex International 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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Apex International Co Cyclically Adjusted Price-to-FCF Chart

Apex International Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Apex International 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 Apex International Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Apex International 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.


Apex International Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Apex International 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.

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

For example, Apex International 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)
=1.921/131.7762*131.7762
=1.921

Current CPI (Mar. 2024) = 131.7762.

Apex International Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.696 100.560 -2.222
201409 -1.472 100.428 -1.931
201412 0.895 99.070 1.190
201503 0.095 99.621 0.126
201506 -4.927 100.684 -6.449
201509 -2.527 100.392 -3.317
201512 3.073 99.792 4.058
201603 -0.233 100.470 -0.306
201606 -1.101 101.688 -1.427
201609 -0.061 101.861 -0.079
201612 0.454 101.863 0.587
201703 -0.428 102.862 -0.548
201706 -0.685 103.349 -0.873
201709 -1.904 104.136 -2.409
201712 4.131 104.011 5.234
201803 1.818 105.290 2.275
201806 -1.212 106.317 -1.502
201809 -1.295 106.507 -1.602
201812 2.754 105.998 3.424
201903 3.630 107.251 4.460
201906 -0.524 108.070 -0.639
201909 0.384 108.329 0.467
201912 0.370 108.420 0.450
202003 3.462 108.902 4.189
202006 0.705 108.767 0.854
202009 -1.396 109.815 -1.675
202012 -3.314 109.897 -3.974
202103 -1.966 111.754 -2.318
202106 -2.611 114.631 -3.002
202109 -2.109 115.734 -2.401
202112 -7.098 117.630 -7.952
202203 -1.652 121.301 -1.795
202206 -2.056 125.017 -2.167
202209 -3.461 125.227 -3.642
202212 3.752 125.222 3.948
202303 4.612 127.348 4.772
202306 -1.500 128.729 -1.536
202309 -0.271 129.860 -0.275
202312 0.270 129.419 0.275
202403 1.921 131.776 1.921

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.


Apex International Co  (TPE:4927) 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.


Apex International Co Cyclically Adjusted Price-to-FCF Related Terms

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Apex International Co (TPE:4927) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sinsakhon Industrial Estate Village No. 1, 30/101,102 MOO 1, Samut Sakhon Province, Kokklam Sub-district, Mueang Samut Sakhon, THA, 74000
Apex International Co Ltd manufactures and sells double-sided and multi-layer printed circuit boards. It PCBs are applied in electronic products, such as digital versatile disks, LCD TVs, air conditioners, digital cameras, projectors, TV tuners, DVD players, recordable machines, printers, hard drives and motherboards, mobile phones, set-top boxes, and satellite TV receivers, as well as automotive audio components. Its product categories comprise home appliances, communication equipment, computer equipment, and auto parts. The Group has a single reportable segment: Thailand, which manufactures and sells PCBs.

Apex International Co (TPE:4927) Headlines

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