GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Unimicron Technology Corp (TPE:3037) » Definitions » Cyclically Adjusted Price-to-FCF

Unimicron Technology (TPE:3037) Cyclically Adjusted Price-to-FCF : 45.63 (As of Apr. 28, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Unimicron Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Unimicron Technology's current share price is NT$182.50. Unimicron Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.00. Unimicron Technology's Cyclically Adjusted Price-to-FCF for today is 45.63.

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

TPE:3037' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 27.05   Med: 47.36   Max: 344.44
Current: 45.61

During the past years, Unimicron Technology's highest Cyclically Adjusted Price-to-FCF was 344.44. The lowest was 27.05. And the median was 47.36.

TPE:3037's Cyclically Adjusted Price-to-FCF is ranked worse than
67.26% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs TPE:3037: 45.61

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.

Unimicron Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-2.710. 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$4.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unimicron Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Unimicron Technology'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.

Unimicron Technology Cyclically Adjusted Price-to-FCF Chart

Unimicron Technology 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 41.84 110.13 124.79 34.99 42.20

Unimicron Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 37.15 43.23 42.26 42.20 48.11

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

For the Electronic Components subindustry, Unimicron Technology'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.


Unimicron Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Unimicron Technology 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.

Unimicron Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=182.50/4
=45.63

* 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.

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

For example, Unimicron Technology'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)
=-2.71/129.4194*129.4194
=-2.710

Current CPI (Mar. 2024) = 129.4194.

Unimicron Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.889 100.560 -1.144
201409 -0.293 100.428 -0.378
201412 -0.433 99.070 -0.566
201503 -0.105 99.621 -0.136
201506 -0.751 100.684 -0.965
201509 -0.006 100.392 -0.008
201512 1.491 99.792 1.934
201603 0.311 100.470 0.401
201606 0.398 101.688 0.507
201609 0.555 101.861 0.705
201612 1.483 101.863 1.884
201703 -0.333 102.862 -0.419
201706 -0.597 103.349 -0.748
201709 -1.850 104.136 -2.299
201712 -0.387 104.011 -0.482
201803 0.257 105.290 0.316
201806 -0.915 106.317 -1.114
201809 1.482 106.507 1.801
201812 2.162 105.998 2.640
201903 -1.364 107.251 -1.646
201906 0.946 108.070 1.133
201909 0.241 108.329 0.288
201912 -0.466 108.420 -0.556
202003 0.141 108.902 0.168
202006 0.021 108.767 0.025
202009 -0.423 109.815 -0.499
202012 2.518 109.897 2.965
202103 -1.221 111.754 -1.414
202106 -1.785 114.631 -2.015
202109 3.977 115.734 4.447
202112 12.002 117.630 13.205
202203 4.624 121.301 4.933
202206 2.288 125.017 2.369
202209 7.914 125.227 8.179
202212 4.012 125.222 4.146
202303 5.453 127.348 5.542
202306 0.722 128.729 0.726
202309 -1.753 129.860 -1.747
202312 0.547 129.419 0.547
202403 -2.710 129.419 -2.710

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.


Unimicron Technology  (TPE:3037) 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.


Unimicron Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Unimicron Technology (TPE:3037) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 179, Shanying Road, Guishan District, Taoyuan, TWN
Unimicron Technology Corporation manufactures and distributes printed circuit boards and integrated circuit products. The company is based in Taiwan and earns its revenue in the Asia region, but also has operations in America and domestically within Taiwan. Unimicron manufactures printed circuit boards, multilayer chip scale packages, ball grid array, system in package, embedded passive products, super-thin substrate, and flip chip substrate, to be used in mobile devices, telecommunications applications, and laptop computers.

Unimicron Technology (TPE:3037) Headlines

No Headlines