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Ace Technologies (XKRX:088800) Cyclically Adjusted Price-to-FCF : (As of Jun. 15, 2024)


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What is Ace Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ace Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ace Technologies'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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Ace Technologies Cyclically Adjusted Price-to-FCF Chart

Ace Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ace Technologies 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 Ace Technologies's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Ace Technologies'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.


Ace Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Ace Technologies 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.

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

For example, Ace Technologies'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)
=-117.5/118.8477*118.8477
=-117.500

Current CPI (Mar. 2024) = 118.8477.

Ace Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -300.266 99.353 -359.183
201409 -225.975 99.608 -269.623
201412 384.161 99.098 460.722
201503 -679.298 99.720 -809.597
201506 414.642 100.050 492.546
201509 -1,153.862 100.110 -1,369.832
201512 -425.860 100.220 -505.014
201603 -751.127 100.560 -887.726
201606 369.407 100.790 435.591
201609 -116.663 101.460 -136.656
201612 873.717 101.560 1,022.442
201703 -772.759 102.850 -892.957
201706 -275.081 102.610 -318.612
201709 37.716 103.490 43.313
201712 -454.849 102.990 -524.884
201803 4.239 104.100 4.840
201806 54.471 104.130 62.170
201809 -20.239 105.650 -22.767
201812 -33.458 104.350 -38.106
201903 24.296 104.490 27.634
201906 -161.302 104.880 -182.784
201909 -473.527 105.200 -534.958
201912 96.012 105.120 108.550
202003 -728.976 105.540 -820.894
202006 -50.594 104.870 -57.337
202009 -15.383 106.200 -17.215
202012 -446.537 105.765 -501.770
202103 -269.594 107.357 -298.449
202106 -52.456 107.579 -57.951
202109 -332.188 108.759 -363.002
202112 -579.016 109.676 -627.434
202203 14.479 111.806 15.391
202206 63.953 114.083 66.624
202209 -275.352 114.831 -284.983
202212 -47.908 115.200 -49.425
202303 113.815 116.550 116.059
202306 151.295 117.140 153.501
202309 88.133 119.111 87.938
202312 104.044 118.848 104.044
202403 -117.500 118.848 -117.500

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.


Ace Technologies  (XKRX:088800) 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.


Ace Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Ace Technologies (XKRX:088800) Business Description

Industry
Traded in Other Exchanges
N/A
Address
451-3, Nonhyeon-dong, Namdong-gu, Incheon, KOR, 405-849
Ace Technologies Corp is a South Korea based company engages in the manufacturing of wireless communication RF equipment and antennas. Its main products include base-station RF components, such as base station antennas, filters, radio's for telecoms (RRH) and other markets; mobile antennas, and RF connectors.

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