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Advance Power Electronics Co (TPE:8261) Cyclically Adjusted Price-to-FCF : 32.77 (As of Jun. 18, 2024)


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What is Advance Power Electronics Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), Advance Power Electronics Co's current share price is NT$86.50. Advance Power Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.64. Advance Power Electronics Co's Cyclically Adjusted Price-to-FCF for today is 32.77.

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

TPE:8261' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.55   Med: 33.72   Max: 52.26
Current: 31.61

During the past years, Advance Power Electronics Co's highest Cyclically Adjusted Price-to-FCF was 52.26. The lowest was 10.55. And the median was 33.72.

TPE:8261's Cyclically Adjusted Price-to-FCF is ranked better than
58.55% of 345 companies
in the Semiconductors industry
Industry Median: 39.89 vs TPE:8261: 31.61

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.

Advance Power Electronics Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.780. 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$2.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advance Power Electronics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Advance Power Electronics 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.

Advance Power Electronics Co Cyclically Adjusted Price-to-FCF Chart

Advance Power Electronics 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 19.58 23.40 42.95 36.38 38.84

Advance Power Electronics 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 37.85 41.09 31.57 38.84 32.94

Competitive Comparison of Advance Power Electronics Co's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Advance Power Electronics 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.


Advance Power Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advance Power Electronics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Advance Power Electronics Co's Cyclically Adjusted Price-to-FCF falls into.



Advance Power Electronics 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.

Advance Power Electronics Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=86.50/2.64
=32.77

* 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.

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

For example, Advance Power Electronics 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)
=1.78/131.7762*131.7762
=1.780

Current CPI (Mar. 2024) = 131.7762.

Advance Power Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.874 100.560 1.145
201409 0.757 100.428 0.993
201412 0.411 99.070 0.547
201503 0.657 99.621 0.869
201506 -0.933 100.684 -1.221
201509 1.380 100.392 1.811
201512 1.266 99.792 1.672
201603 0.311 100.470 0.408
201606 -0.070 101.688 -0.091
201609 -0.538 101.861 -0.696
201612 -0.656 101.863 -0.849
201703 -0.748 102.862 -0.958
201706 -1.355 103.349 -1.728
201709 0.206 104.136 0.261
201712 0.240 104.011 0.304
201803 0.374 105.290 0.468
201806 0.672 106.317 0.833
201809 -0.252 106.507 -0.312
201812 -1.302 105.998 -1.619
201903 -1.512 107.251 -1.858
201906 0.470 108.070 0.573
201909 -0.542 108.329 -0.659
201912 0.828 108.420 1.006
202003 1.807 108.902 2.187
202006 0.143 108.767 0.173
202009 1.090 109.815 1.308
202012 0.272 109.897 0.326
202103 1.259 111.754 1.485
202106 2.874 114.631 3.304
202109 2.283 115.734 2.599
202112 2.622 117.630 2.937
202203 3.095 121.301 3.362
202206 1.606 125.017 1.693
202209 0.142 125.227 0.149
202212 1.131 125.222 1.190
202303 0.697 127.348 0.721
202306 -0.983 128.729 -1.006
202309 1.960 129.860 1.989
202312 1.292 129.419 1.316
202403 1.780 131.776 1.780

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.


Advance Power Electronics Co  (TPE:8261) 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.


Advance Power Electronics Co Cyclically Adjusted Price-to-FCF Related Terms

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


Advance Power Electronics Co (TPE:8261) Business Description

Traded in Other Exchanges
N/A
Address
12th Floor-1 and 12th Floor-2, Number 5, Taiyuan 1st Street, Hsinchu County, Zhubei City, TWN, 30265
Advance Power Electronics Co Ltd provides total solutions for new power requirements in MOSFETs, IGBTs, and Power ICs in Taiwan. It is mainly engaged in the design of electronic elements, integrated circuits, semiconductors, and testing services. Its products are broadly applied in computing, consumer electronics, display, communications, and industrial segments.

Advance Power Electronics Co (TPE:8261) Headlines

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