GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AAC Technologies Holdings Inc (OTCPK:AACAF) » Definitions » Cyclically Adjusted Price-to-FCF

AAC Technologies Holdings (AAC Technologies Holdings) Cyclically Adjusted Price-to-FCF : 30.30 (As of Apr. 29, 2024)


View and export this data going back to 2006. Start your Free Trial

What is AAC Technologies Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), AAC Technologies Holdings's current share price is $3.03. AAC Technologies Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.10. AAC Technologies Holdings's Cyclically Adjusted Price-to-FCF for today is 30.30.

The historical rank and industry rank for AAC Technologies Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AACAF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.85   Med: 88.8   Max: 353.67
Current: 30.88

During the past 13 years, AAC Technologies Holdings's highest Cyclically Adjusted Price-to-FCF was 353.67. The lowest was 18.85. And the median was 88.80.

AACAF's Cyclically Adjusted Price-to-FCF is ranked worse than
52.81% of 960 companies
in the Hardware industry
Industry Median: 28.155 vs AACAF: 30.88

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.

AAC Technologies Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.366. 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 $0.10 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AAC Technologies Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AAC Technologies Holdings'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.

AAC Technologies Holdings Cyclically Adjusted Price-to-FCF Chart

AAC Technologies Holdings 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 91.64 71.26 62.51 25.27 28.95

AAC Technologies Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 62.51 - 25.27 - 28.95

Competitive Comparison of AAC Technologies Holdings's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, AAC Technologies Holdings'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.


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

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

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



AAC Technologies Holdings 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.

AAC Technologies Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.03/0.1
=30.30

* 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.

AAC Technologies Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, AAC Technologies Holdings'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)
=0.366/117.2957*117.2957
=0.366

Current CPI (Dec23) = 117.2957.

AAC Technologies Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.035 99.707 -0.041
201512 0.167 102.015 0.192
201612 0.091 103.225 0.103
201712 0.021 104.984 0.023
201812 0.316 107.622 0.344
201912 0.109 110.700 0.115
202012 -0.145 109.711 -0.155
202112 -0.211 112.349 -0.220
202212 0.292 114.548 0.299
202312 0.366 117.296 0.366

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.


AAC Technologies Holdings  (OTCPK:AACAF) 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.


AAC Technologies Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


AAC Technologies Holdings (AAC Technologies Holdings) Business Description

Address
38 Gloucester Road, Unit 1605-7, China Evergrande Centre, Wanchai, Hong Kong, HKG
AAC Technologies is one of the world's largest manufacturers of miniature acoustic components, such as speakers and receivers, primarily for smartphones, which account for under half of its revenue. Founded in 1993, the company has since then expanded into the production of other handset components, such as electromagnetic drives (haptics), precision mechanical (metal casing), lenses and camera modules, and MEMS microphones. AAC is headquartered in Shenzhen, China, and runs factories in China, Vietnam, Czechia, and Malaysia. It employed 27,798 people in December 2022.