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Eastech Holding (TPE:5225) Cyclically Adjusted Price-to-FCF : 45.78 (As of Jun. 17, 2024)


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What is Eastech Holding Cyclically Adjusted Price-to-FCF?

As of today (2024-06-17), Eastech Holding's current share price is NT$108.50. Eastech Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.37. Eastech Holding's Cyclically Adjusted Price-to-FCF for today is 45.78.

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

TPE:5225' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.24   Med: 23.55   Max: 52.11
Current: 46.23

During the past years, Eastech Holding's highest Cyclically Adjusted Price-to-FCF was 52.11. The lowest was 17.24. And the median was 23.55.

TPE:5225's Cyclically Adjusted Price-to-FCF is ranked worse than
65.22% of 966 companies
in the Hardware industry
Industry Median: 30.24 vs TPE:5225: 46.23

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.

Eastech Holding's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-2.266. 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$2.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastech Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eastech Holding'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.

Eastech Holding Cyclically Adjusted Price-to-FCF Chart

Eastech Holding 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 - - - 18.90 24.47

Eastech Holding 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 20.30 21.53 26.07 24.47 50.66

Competitive Comparison of Eastech Holding's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Eastech Holding'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.


Eastech Holding's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Eastech Holding 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.

Eastech Holding's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=108.50/2.37
=45.78

* 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.

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

For example, Eastech Holding'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)
=-2.266/131.7762*131.7762
=-2.266

Current CPI (Mar. 2024) = 131.7762.

Eastech Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.212 100.560 -0.278
201409 0.585 100.428 0.768
201412 2.595 99.070 3.452
201503 -1.960 99.621 -2.593
201506 0.257 100.684 0.336
201509 1.951 100.392 2.561
201512 5.174 99.792 6.832
201603 -0.544 100.470 -0.714
201606 2.456 101.688 3.183
201609 0.538 101.861 0.696
201612 6.390 101.863 8.267
201703 -4.172 102.862 -5.345
201706 0.872 103.349 1.112
201709 -3.988 104.136 -5.047
201712 1.111 104.011 1.408
201803 -3.411 105.290 -4.269
201806 1.001 106.317 1.241
201809 -0.503 106.507 -0.622
201812 5.788 105.998 7.196
201903 2.169 107.251 2.665
201906 5.108 108.070 6.229
201909 7.305 108.329 8.886
201912 3.366 108.420 4.091
202003 -3.274 108.902 -3.962
202006 -6.605 108.767 -8.002
202009 0.633 109.815 0.760
202012 -7.777 109.897 -9.325
202103 -6.822 111.754 -8.044
202106 4.659 114.631 5.356
202109 -4.361 115.734 -4.965
202112 -11.541 117.630 -12.929
202203 1.122 121.301 1.219
202206 -0.366 125.017 -0.386
202209 2.885 125.227 3.036
202212 8.384 125.222 8.823
202303 -0.033 127.348 -0.034
202306 3.121 128.729 3.195
202309 5.947 129.860 6.035
202312 5.031 129.419 5.123
202403 -2.266 131.776 -2.266

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.


Eastech Holding  (TPE:5225) 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.


Eastech Holding Cyclically Adjusted Price-to-FCF Related Terms

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Eastech Holding (TPE:5225) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8F-1, No. 188, Baoqiao Road, Xindian District, New Taipei City, TWN, 23145
Eastech Holding Ltd is engaged in the design and manufacturing of acoustics, electronics, hardware, software, and systems engineering. Its transducers catalog covers standard design transducers, headphones and earphone transducers, scan-speak designed transducers, and others. The company offered products have applications in voice control products, Bluetooth systems, Wi-Fi systems, multi-channel sound systems, soundbar systems, active and passive speakers, home speakers, and headphones, among others. Geographically, the company operates in South Korea, Japan, China, Sweden, Denmark, and others and it derives a majority of its revenue from South Korea.

Eastech Holding (TPE:5225) Headlines

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