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Tera Probe (TSE:6627) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Tera Probe Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tera Probe Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tera Probe'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.

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Tera Probe Cyclically Adjusted Price-to-FCF Chart

Tera Probe Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Tera Probe Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Tera Probe's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Tera Probe'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.


Tera Probe's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tera Probe's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tera Probe 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.

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

For example, Tera Probe'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)
=0/107.2000*107.2000
=0.000

Current CPI (Mar. 2024) = 107.2000.

Tera Probe Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 32.209 98.000 35.233
201409 66.092 98.500 71.930
201412 18.920 97.900 20.717
201503 -31.280 97.900 -34.251
201506 -148.258 98.400 -161.517
201509 71.384 98.500 77.689
201512 151.921 98.100 166.014
201603 -2.455 97.900 -2.688
201606 -163.618 98.100 -178.796
201609 -155.655 98.000 -170.268
201612 -75.885 98.400 -82.671
201703 -224.427 98.100 -245.245
201706 0.000 98.500 0.000
201709 0.000 98.800 0.000
201712 0.000 99.400 0.000
201803 0.000 99.200 0.000
201806 0.000 99.200 0.000
201809 0.000 99.900 0.000
201812 0.000 99.700 0.000
201903 0.000 99.700 0.000
201906 0.000 99.800 0.000
201909 0.000 100.100 0.000
201912 0.000 100.500 0.000
202003 0.000 100.300 0.000
202006 0.000 99.900 0.000
202009 0.000 99.900 0.000
202012 0.000 99.300 0.000
202103 0.000 99.900 0.000
202106 0.000 99.500 0.000
202109 0.000 100.100 0.000
202112 0.000 100.100 0.000
202203 0.000 101.100 0.000
202206 0.000 101.800 0.000
202209 0.000 103.100 0.000
202212 0.000 104.100 0.000
202303 0.000 104.400 0.000
202306 0.000 105.200 0.000
202309 0.000 106.200 0.000
202312 0.000 106.800 0.000
202403 0.000 107.200 0.000

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.


Tera Probe  (TSE:6627) 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.


Tera Probe Cyclically Adjusted Price-to-FCF Related Terms

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Tera Probe (TSE:6627) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4th Floor, KAKiYA Bluiding, 2-7-17 Shin-Yokohama, Kohoku-ku, Yokohama City, Kanagawa, JPN, 222-0033
Tera Probe Inc provides wafer testing and final testing. The company is also engaged in the system development business.

Tera Probe (TSE:6627) Headlines

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