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Sinher Technology (TPE:4999) Cyclically Adjusted Price-to-FCF : 8.01 (As of Jun. 11, 2024)


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

As of today (2024-06-11), Sinher Technology's current share price is NT$35.25. Sinher Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.40. Sinher Technology's Cyclically Adjusted Price-to-FCF for today is 8.01.

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

TPE:4999' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.45   Med: 8.48   Max: 17.93
Current: 8.04

During the past years, Sinher Technology's highest Cyclically Adjusted Price-to-FCF was 17.93. The lowest was 7.45. And the median was 8.48.

TPE:4999's Cyclically Adjusted Price-to-FCF is ranked better than
92.73% of 1031 companies
in the Industrial Products industry
Industry Median: 31.99 vs TPE:4999: 8.04

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.

Sinher Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.485. 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$4.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinher Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sinher 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.

Sinher Technology Cyclically Adjusted Price-to-FCF Chart

Sinher 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 - 13.86 11.25 8.33 7.94

Sinher Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 8.41 8.42 7.77 7.94 7.64

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

For the Tools & Accessories subindustry, Sinher 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.


Sinher Technology's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinher Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sinher 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=35.25/4.4
=8.01

* 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.

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

For example, Sinher Technology'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)
=-0.485/131.7762*131.7762
=-0.485

Current CPI (Mar. 2024) = 131.7762.

Sinher Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.301 100.560 3.015
201409 -2.524 100.428 -3.312
201412 2.329 99.070 3.098
201503 1.776 99.621 2.349
201506 2.608 100.684 3.413
201509 1.103 100.392 1.448
201512 0.492 99.792 0.650
201603 1.890 100.470 2.479
201606 1.501 101.688 1.945
201609 -2.393 101.861 -3.096
201612 0.222 101.863 0.287
201703 2.191 102.862 2.807
201706 -0.062 103.349 -0.079
201709 -0.029 104.136 -0.037
201712 2.402 104.011 3.043
201803 1.382 105.290 1.730
201806 1.967 106.317 2.438
201809 0.296 106.507 0.366
201812 0.930 105.998 1.156
201903 2.606 107.251 3.202
201906 0.933 108.070 1.138
201909 -0.706 108.329 -0.859
201912 1.025 108.420 1.246
202003 2.936 108.902 3.553
202006 -0.640 108.767 -0.775
202009 -1.035 109.815 -1.242
202012 -1.544 109.897 -1.851
202103 0.340 111.754 0.401
202106 0.196 114.631 0.225
202109 2.661 115.734 3.030
202112 0.685 117.630 0.767
202203 2.322 121.301 2.523
202206 3.975 125.017 4.190
202209 1.699 125.227 1.788
202212 2.512 125.222 2.643
202303 0.392 127.348 0.406
202306 0.535 128.729 0.548
202309 -0.161 129.860 -0.163
202312 0.001 129.419 0.001
202403 -0.485 131.776 -0.485

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.


Sinher Technology  (TPE:4999) 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.


Sinher Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Sinher Technology (TPE:4999) Business Description

Traded in Other Exchanges
N/A
Address
No.27-1, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN, 22180
Sinher Technology Inc Ltd is engaged in researching, developing, manufacturing, and selling the parts of the hinge. The company offers an NB hinge, Detachable hinge, NB module hinge, Tablet module hinge, 3C hinge, AIO & LCD hinge, and Others. The company's majority of the revenue is generated from China followed by Japan and Taiwan.

Sinher Technology (TPE:4999) Headlines

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