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Promate Electronic Co (TPE:6189) Cyclically Adjusted Price-to-FCF : 33.76 (As of Dec. 12, 2024)


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What is Promate Electronic Co Cyclically Adjusted Price-to-FCF?

As of today (2024-12-12), Promate Electronic Co's current share price is NT$81.70. Promate Electronic Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was NT$2.42. Promate Electronic Co's Cyclically Adjusted Price-to-FCF for today is 33.76.

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

TPE:6189' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.41   Med: 19.42   Max: 51.91
Current: 35.47

During the past years, Promate Electronic Co's highest Cyclically Adjusted Price-to-FCF was 51.91. The lowest was 15.41. And the median was 19.42.

TPE:6189's Cyclically Adjusted Price-to-FCF is ranked worse than
53.53% of 878 companies
in the Hardware industry
Industry Median: 32.385 vs TPE:6189: 35.47

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.

Promate Electronic Co's adjusted free cash flow per share data for the three months ended in Sep. 2024 was NT$0.345. 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$2.42 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Promate Electronic Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Promate Electronic 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.

Promate Electronic Co Cyclically Adjusted Price-to-FCF Chart

Promate Electronic 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 19.39 17.54 23.07 17.57 26.28

Promate Electronic Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.93 26.28 47.54 39.75 33.40

Competitive Comparison of Promate Electronic Co's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, Promate Electronic 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.


Promate Electronic Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Promate Electronic 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.

Promate Electronic Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=81.70/2.42
=33.76

* 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.

Promate Electronic Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Promate Electronic Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.345/133.0289*133.0289
=0.345

Current CPI (Sep. 2024) = 133.0289.

Promate Electronic Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.316 99.070 -0.424
201503 -1.541 99.621 -2.058
201506 0.809 100.684 1.069
201509 2.521 100.392 3.341
201512 1.772 99.792 2.362
201603 0.357 100.470 0.473
201606 0.849 101.688 1.111
201609 1.209 101.861 1.579
201612 0.524 101.863 0.684
201703 0.166 102.862 0.215
201706 0.301 103.349 0.387
201709 -0.380 104.136 -0.485
201712 1.531 104.011 1.958
201803 -1.477 105.290 -1.866
201806 -0.916 106.317 -1.146
201809 0.770 106.507 0.962
201812 2.383 105.998 2.991
201903 -1.734 107.251 -2.151
201906 -1.763 108.070 -2.170
201909 3.688 108.329 4.529
201912 -2.039 108.420 -2.502
202003 2.579 108.902 3.150
202006 -1.541 108.767 -1.885
202009 -0.583 109.815 -0.706
202012 2.021 109.897 2.446
202103 1.971 111.754 2.346
202106 1.032 114.631 1.198
202109 -2.641 115.734 -3.036
202112 0.354 117.630 0.400
202203 -1.491 121.301 -1.635
202206 0.138 125.017 0.147
202209 1.454 125.227 1.545
202212 3.459 125.222 3.675
202303 1.412 127.348 1.475
202306 0.704 128.729 0.728
202309 -1.624 129.860 -1.664
202312 2.971 129.419 3.054
202403 -3.116 131.776 -3.146
202406 6.840 132.554 6.865
202409 0.345 133.029 0.345

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.


Promate Electronic Co  (TPE:6189) 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.


Promate Electronic Co Cyclically Adjusted Price-to-FCF Related Terms

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


Promate Electronic Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 30, Section 1, Huanshan Road, 1 Floor, Neihu District, Taipei, TWN, 11442
Promate Electronic Co Ltd is mainly engaged in the distribution and sales of electronic/electrical components, sales of computer software and electrical products, and sales of electronic/electrical components. The company has these operating segments; Application specific and LCD Display Products, Linear/ Distributed Components, Image Processing ICs, Application specific ICs, and Others. It has two business divisions; China Region and Non-China Region, out of which it derives a majority of its revenue from the Non-China Region.

Promate Electronic Co Headlines

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