First Hi-Tec Co (ROCO:5439) Cyclically Adjusted Revenue per Share: NT$47.27 (As of Mar. 2026)

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ROCO:5439 First Hi-Tec Co Ltd ROCO:5439
85 GF Score
Price NT$245.50
GF Value NT$325.85
Valuation Modestly Undervalued
! 4 Warning Signs
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What is First Hi-Tec Co Cyclically Adjusted Revenue per Share?

First Hi-Tec Co ROCO:5439 +2.08% 85 Cyclically Adjusted Revenue per Share is NT$47.27 as of Mar. 2026. GuruFocus rates ROCO:5439 with a GF Score™ of 85/100 and a GF Value™ of NT$325.85 (Modestly Undervalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

First Hi-Tec Co's adjusted revenue per share for the three months ended in Mar. 2026 was NT$26.680. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is NT$47.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, First Hi-Tec Co's average Cyclically Adjusted Revenue Growth Rate was 24.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of First Hi-Tec Co was 12.80% per year. The lowest was 6.60% per year. And the median was 9.30% per year.

As of today (2026-08-12), First Hi-Tec Co's current stock price is NT$245.50. First Hi-Tec Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$47.27. First Hi-Tec Co's Cyclically Adjusted PS Ratio of today is 5.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Hi-Tec Co was 8.71. The lowest was 1.14. And the median was 2.45.


First Hi-Tec Co  (ROCO:5439) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

First Hi-Tec Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=245.50/47.27
=5.19

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Hi-Tec Co was 8.71. The lowest was 1.14. And the median was 2.45.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


First Hi-Tec Co Cyclically Adjusted Revenue per Share Related Terms


First Hi-Tec Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for First Hi-Tec Co's Cyclically Adjusted Revenue per Share 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.

First Hi-Tec Co Cyclically Adjusted Revenue per Share Chart

First Hi-Tec Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.49 31.13 34.25 36.69 44.62

First Hi-Tec Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 37.95 39.95 42.76 44.62 47.27

ROCO:5439 vs APH, GLW, TEL: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, First Hi-Tec Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


First Hi-Tec Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, First Hi-Tec Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where First Hi-Tec Co's Cyclically Adjusted PS Ratio falls into.


ROCO:5439
85GF Score
First Hi-Tec Co Ltd ROCO:5439
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Hi-Tec Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, First Hi-Tec Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=26.68/330.2130*330.2130
=26.680

Current CPI (Mar. 2026) = 330.2130.

First Hi-Tec Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.442 241.018 8.826
201609 5.969 241.428 8.164
201612 6.240 241.432 8.535
201703 6.620 243.801 8.966
201706 6.355 244.955 8.567
201709 6.113 246.819 8.178
201712 5.377 246.524 7.202
201803 6.336 249.554 8.384
201806 6.721 251.989 8.807
201809 6.724 252.439 8.796
201812 6.385 251.233 8.392
201903 6.010 254.202 7.807
201906 6.423 256.143 8.280
201909 6.070 256.759 7.807
201912 6.542 256.974 8.407
202003 6.505 258.115 8.322
202006 7.621 257.797 9.762
202009 6.866 260.280 8.711
202012 7.259 260.474 9.203
202103 8.912 264.877 11.110
202106 9.969 271.696 12.116
202109 10.327 274.310 12.432
202112 8.679 278.802 10.279
202203 8.765 287.504 10.067
202206 7.780 296.311 8.670
202209 8.272 296.808 9.203
202212 9.586 296.797 10.665
202303 10.850 301.836 11.870
202306 11.790 305.109 12.760
202309 11.785 307.789 12.644
202312 12.139 306.746 13.068
202403 9.897 312.332 10.464
202406 10.790 314.175 11.341
202409 11.410 315.301 11.950
202412 12.814 315.605 13.407
202503 15.277 319.799 15.774
202506 24.615 322.561 25.199
202509 33.263 324.800 33.817
202512 27.575 324.054 28.099
202603 26.680 330.213 26.680

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of NT$47.27 mean?
First Hi-Tec Co (ROCO:5439) has a Cyclically Adjusted Revenue per Share of NT$47.27 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on First Hi-Tec Co and its competitors.
Is First Hi-Tec Co's Cyclically Adjusted Revenue per Share too high?
First Hi-Tec Co's current Cyclically Adjusted Revenue per Share is NT$47.27. Overall, First Hi-Tec Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Hi-Tec Co's Cyclically Adjusted Revenue per Share compare to APH and GLW?
First Hi-Tec Co's Cyclically Adjusted Revenue per Share of NT$47.27 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on First Hi-Tec Co and its competitors. First Hi-Tec Co's current Cyclically Adjusted Revenue per Share is NT$47.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hi-Tec Co stock overvalued right now?
Based on GuruFocus' analysis, First Hi-Tec Co (ROCO:5439) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$325.85, compared to a current price of NT$245.50 — trading 24.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$47.27. First Hi-Tec Co's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For First Hi-Tec Co (ROCO:5439), the current Cyclically Adjusted Revenue per Share is NT$47.27 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Hi-Tec Co (ROCO:5439) Overvalued in 2026?

Based on GuruFocus' analysis, First Hi-Tec Co stock appears to be undervalued. The current stock price of NT$245.50 is trading 24.7% below its estimated GF Value™ of NT$325.85. GuruFocus considers First Hi-Tec Co to be Modestly Undervalued.

Key valuation signals for ROCO:5439:

  • Cyclically Adjusted Revenue per Share: NT$47.27
  • GF Value™: NT$325.85 vs. price of NT$245.50 (24.7% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the ROCO:5439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Hi-Tec Co Business Description

Address No.3, Lane 43, Xingbang Road, Taoyuan District, Taoyuan City, TWN, 330
First Hi-Tec Co Ltd main business is manufacture and sales of PCB and computer peripherals, etc. The Company is engaged in production and sales of electronic equipment and wholesale of components, etc. The group is only engaged in manufacturing and trading of PCB and computer peripherals, which belong to a single industry, the operating segments and reportable segments are single segment. The company has presence in Taiwan, Asia, and Others. The company generates majority of revenue from Taiwan. The company's products are Automotive, Semiconductor and others, Power Control Modules Robot, Telecom, Layer Counts, Application Type, Capability, and Roadmap.
85GF Score

Get the complete analysis for ROCO:5439

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$245.50
Price
NT$325.85
GF Value