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ELTA Technology Co (TPE:8487) Cyclically Adjusted Price-to-FCF : 40.83 (As of Dec. 13, 2024)


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

As of today (2024-12-13), ELTA Technology Co's current share price is NT$69.00. ELTA Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was NT$1.69. ELTA Technology Co's Cyclically Adjusted Price-to-FCF for today is 40.83.

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

TPE:8487' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 39.41   Med: 46.34   Max: 56.84
Current: 42.08

During the past 11 years, ELTA Technology Co's highest Cyclically Adjusted Price-to-FCF was 56.84. The lowest was 39.41. And the median was 46.34.

TPE:8487's Cyclically Adjusted Price-to-FCF is ranked worse than
75.08% of 333 companies
in the Media - Diversified industry
Industry Median: 14.91 vs TPE:8487: 42.08

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.

ELTA Technology Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was NT$5.395. 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$1.69 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for ELTA 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.

ELTA Technology Co Cyclically Adjusted Price-to-FCF Chart

ELTA 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 - - - 46.82 41.49

ELTA Technology Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 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 - 41.49 - - -

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

For the Entertainment subindustry, ELTA 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.


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

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

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



ELTA 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.

ELTA 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
=69.00/1.69
=40.83

* 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.

ELTA Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, ELTA Technology Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=5.395/129.4194*129.4194
=5.395

Current CPI (Dec23) = 129.4194.

ELTA Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.026 99.070 2.647
201512 2.335 99.792 3.028
201612 -5.110 101.863 -6.492
201712 1.589 104.011 1.977
201812 -1.329 105.998 -1.623
201912 0.230 108.420 0.275
202012 5.084 109.897 5.987
202112 0.936 117.630 1.030
202212 4.499 125.222 4.650
202312 5.395 129.419 5.395

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.


ELTA Technology Co  (TPE:8487) 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.


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

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


ELTA Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Zhonghua Road, 4 Floor, No. 41, Section 1, Zhongzheng District, Taipei, TWN, 100
ELTA Technology Co is a Taiwan-based company engaged in the provision of digital audio and video content, digital audio and video channel operations, and media ads broadcasting services. It provides (IPTV) digital multimedia transmission platform (MOD) and over-the-top media service (OTT) platform. The company generates a majority of its revenue from Content and channel operation departments and the rest from other activities.

ELTA Technology Co Headlines

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