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Darwin Precisions (TPE:6120) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


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What is Darwin Precisions Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Darwin Precisions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Darwin Precisions'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.

Darwin Precisions Cyclically Adjusted Price-to-FCF Chart

Darwin Precisions 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 11.69 22.46 25.27 92.89 -

Darwin Precisions 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 52.04 85.72 183.73 - -

Competitive Comparison of Darwin Precisions's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Darwin Precisions'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.


Darwin Precisions's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Darwin Precisions 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.

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

For example, Darwin Precisions'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)
=0.187/131.7762*131.7762
=0.187

Current CPI (Mar. 2024) = 131.7762.

Darwin Precisions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.319 100.560 -0.418
201409 2.335 100.428 3.064
201412 -0.449 99.070 -0.597
201503 0.740 99.621 0.979
201506 -0.855 100.684 -1.119
201509 -1.282 100.392 -1.683
201512 1.428 99.792 1.886
201603 1.146 100.470 1.503
201606 0.656 101.688 0.850
201609 -0.542 101.861 -0.701
201612 0.156 101.863 0.202
201703 -1.429 102.862 -1.831
201706 -0.520 103.349 -0.663
201709 -0.862 104.136 -1.091
201712 1.416 104.011 1.794
201803 -0.404 105.290 -0.506
201806 -0.986 106.317 -1.222
201809 -0.415 106.507 -0.513
201812 0.807 105.998 1.003
201903 -0.363 107.251 -0.446
201906 -0.348 108.070 -0.424
201909 -0.012 108.329 -0.015
201912 0.510 108.420 0.620
202003 -1.303 108.902 -1.577
202006 -0.662 108.767 -0.802
202009 -0.159 109.815 -0.191
202012 0.316 109.897 0.379
202103 0.902 111.754 1.064
202106 -0.182 114.631 -0.209
202109 -0.798 115.734 -0.909
202112 -0.065 117.630 -0.073
202203 0.434 121.301 0.471
202206 -0.498 125.017 -0.525
202209 -1.779 125.227 -1.872
202212 -0.145 125.222 -0.153
202303 0.584 127.348 0.604
202306 0.288 128.729 0.295
202309 -1.571 129.860 -1.594
202312 0.589 129.419 0.600
202403 0.187 131.776 0.187

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.


Darwin Precisions  (TPE:6120) 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.


Darwin Precisions Cyclically Adjusted Price-to-FCF Related Terms

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


Darwin Precisions (TPE:6120) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.20-1, Guangfu North Road, Hukou Township, Hsinchu County, Hsinchu, TWN, 303036
Darwin Precisions Corp is a Taiwanese company engaged in the manufacturing, assembling, processing, and trading of backlight modules, computer peripherals, and communication equipment. The company's products users are manufacturers of liquid crystal display, or LCD, panels and scanners, among others. The company's geographical markets include Korea, Taiwan, China, Japan, and Other.

Darwin Precisions (TPE:6120) Headlines

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