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Fullerton Technology Co (TPE:6136) Cyclically Adjusted Price-to-FCF : 21.79 (As of May. 22, 2024)


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What is Fullerton Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Fullerton Technology Co's current share price is NT$23.10. Fullerton Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.06. Fullerton Technology Co's Cyclically Adjusted Price-to-FCF for today is 21.79.

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

TPE:6136' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.99   Med: 13.19   Max: 22.33
Current: 21.42

During the past years, Fullerton Technology Co's highest Cyclically Adjusted Price-to-FCF was 22.33. The lowest was 10.99. And the median was 13.19.

TPE:6136's Cyclically Adjusted Price-to-FCF is ranked worse than
60.29% of 350 companies
in the Media - Diversified industry
Industry Median: 17.14 vs TPE:6136: 21.42

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.

Fullerton Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.135. 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$1.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fullerton Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fullerton Technology 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.

* Premium members only.

Fullerton Technology Co Cyclically Adjusted Price-to-FCF Chart

Fullerton Technology Co 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 14.64 12.61 13.14 15.01 20.17

Fullerton Technology Co 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 16.06 16.86 17.29 20.17 22.03

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

For the Advertising Agencies subindustry, Fullerton Technology 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.


Fullerton Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fullerton Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Fullerton Technology 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.10/1.06
=21.79

* 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.

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

For example, Fullerton Technology 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)
=0.135/131.7762*131.7762
=0.135

Current CPI (Mar. 2024) = 131.7762.

Fullerton Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.440 100.560 -0.577
201409 1.111 100.428 1.458
201412 -0.252 99.070 -0.335
201503 0.078 99.621 0.103
201506 -0.013 100.684 -0.017
201509 1.140 100.392 1.496
201512 -0.391 99.792 -0.516
201603 0.175 100.470 0.230
201606 0.306 101.688 0.397
201609 0.291 101.861 0.376
201612 -0.091 101.863 -0.118
201703 0.639 102.862 0.819
201706 0.194 103.349 0.247
201709 1.033 104.136 1.307
201712 0.050 104.011 0.063
201803 0.022 105.290 0.028
201806 -0.045 106.317 -0.056
201809 0.717 106.507 0.887
201812 -0.204 105.998 -0.254
201903 -0.405 107.251 -0.498
201906 0.357 108.070 0.435
201909 1.206 108.329 1.467
201912 -0.308 108.420 -0.374
202003 0.268 108.902 0.324
202006 -0.248 108.767 -0.300
202009 0.903 109.815 1.084
202012 0.189 109.897 0.227
202103 -0.490 111.754 -0.578
202106 -0.201 114.631 -0.231
202109 1.159 115.734 1.320
202112 -0.108 117.630 -0.121
202203 0.922 121.301 1.002
202206 -0.659 125.017 -0.695
202209 1.020 125.227 1.073
202212 -0.218 125.222 -0.229
202303 0.125 127.348 0.129
202306 -0.011 128.729 -0.011
202309 0.862 129.860 0.875
202312 0.073 129.419 0.074
202403 0.135 131.776 0.135

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.


Fullerton Technology Co  (TPE:6136) 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.


Fullerton Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Fullerton Technology Co (TPE:6136) Business Description

Traded in Other Exchanges
N/A
Address
No.6-3, Baoqiang Road, 5th Floor, Xindian District, Taipei, TWN, 23144
Fullerton Technology Co Ltd is engaged in communications product development, marketing, and integration services. It distributes and provides digital entertainment services, online games and web games, value-added services, and Internet marketing services. It also offers movie booking and online e-ticketing services.

Fullerton Technology Co (TPE:6136) Headlines

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