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Trio-Tech International (Trio-Tech International) Cyclically Adjusted Price-to-FCF : 14.62 (As of Apr. 30, 2024)


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What is Trio-Tech International Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Trio-Tech International's current share price is $6.4312. Trio-Tech International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.44. Trio-Tech International's Cyclically Adjusted Price-to-FCF for today is 14.62.

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

TRT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.23   Med: 17.18   Max: 340
Current: 15.27

During the past years, Trio-Tech International's highest Cyclically Adjusted Price-to-FCF was 340.00. The lowest was 10.23. And the median was 17.18.

TRT's Cyclically Adjusted Price-to-FCF is ranked better than
84.21% of 342 companies
in the Semiconductors industry
Industry Median: 36.745 vs TRT: 15.27

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.

Trio-Tech International's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.294. 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 $0.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trio-Tech International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Trio-Tech International'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.

Trio-Tech International Cyclically Adjusted Price-to-FCF Chart

Trio-Tech International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 20.47 32.54 11.01 11.31

Trio-Tech International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 16.46 13.56 11.31 17.63 11.64

Competitive Comparison of Trio-Tech International's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Trio-Tech International'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.


Trio-Tech International's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where Trio-Tech International's Cyclically Adjusted Price-to-FCF falls into.



Trio-Tech International 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.

Trio-Tech International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.4312/0.44
=14.62

* 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.

Trio-Tech International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Trio-Tech International's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.294/129.4194*129.4194
=0.294

Current CPI (Dec. 2023) = 129.4194.

Trio-Tech International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.105 99.695 0.136
201406 -0.024 100.560 -0.031
201409 0.000 100.428 0.000
201412 0.256 99.070 0.334
201503 0.010 99.621 0.013
201506 0.132 100.684 0.170
201509 0.123 100.392 0.159
201512 0.170 99.792 0.220
201603 -0.161 100.470 -0.207
201606 -0.323 101.688 -0.411
201609 0.588 101.861 0.747
201612 0.225 101.863 0.286
201703 -0.374 102.862 -0.471
201706 0.032 103.349 0.040
201709 -0.163 104.136 -0.203
201712 0.149 104.011 0.185
201803 0.293 105.290 0.360
201806 0.272 106.317 0.331
201809 -0.176 106.507 -0.214
201812 0.161 105.998 0.197
201903 0.109 107.251 0.132
201906 0.330 108.070 0.395
201909 0.133 108.329 0.159
201912 0.091 108.420 0.109
202003 0.111 108.902 0.132
202006 0.202 108.767 0.240
202009 0.102 109.815 0.120
202012 -0.073 109.897 -0.086
202103 0.045 111.754 0.052
202106 0.072 114.631 0.081
202109 -0.287 115.734 -0.321
202112 0.281 117.630 0.309
202203 -0.144 121.301 -0.154
202206 0.285 125.017 0.295
202209 0.097 125.227 0.100
202212 -0.149 125.222 -0.154
202303 0.613 127.348 0.623
202306 0.306 128.729 0.308
202309 -0.031 129.860 -0.031
202312 0.294 129.419 0.294

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.


Trio-Tech International  (AMEX:TRT) 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.


Trio-Tech International Cyclically Adjusted Price-to-FCF Related Terms

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


Trio-Tech International (Trio-Tech International) Business Description

Traded in Other Exchanges
N/A
Address
Unit 03-09, Block 1008, Toa Payoh North, Singapore, SGP, 318996
Trio-Tech International is a provider of third-party semiconductor testing and burn-in services through its laboratories in Southeast Asia. The company operates in four segments namely Manufacturing, Testing services, Distribution, and Real Estate. Its Manufacturing segment manufactures both front-end and back-end semiconductor test equipment and related peripherals. The Testing segment renders services to the manufacturer and purchaser of semiconductors and other entities. Its Distribution segment is involved in the distribution of its products. The company's Real Estate segment consists of investment in real estate. Its geographical area of operations includes the United States, Singapore, Malaysia, Thailand, and China.
Executives
Jason T Adelman director 900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Anitha Srinivasan officer: CFO 103 HILLVIEW RISE, #09-18, SINGAPORE U0 667982
Ting Victor Hock Ming director 770 BEDOK RESERVOIR ROAD, #01-03, SINGAPORE U0 479250
S W Yong director, 10 percent owner, officer: Chief Executive Officer 7 PANDAN VALLEY, 16-502 POINCIANA TOWER, SINGAPORE U0 597631
Richard M Horowitz director 9301 WILSHIRE BOULEVARD #206, BEVERLY HILLS CA 90210
Kuan Soon Siew officer: Vice President 126 BUKIT MERAH VIEW, #18-374 U0 151126
Hwee Poh Lim officer: Vice President - Testing 39 WARINGIN WALK, SINGAPORE U0 416292
A Charles Wilson director 623 NORTH PALM DRIVE, BEVERLY HILLS CA 90210
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Spectrum Galaxy Fund Ltd. 10 percent owner 50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Zeff Capital Partners I, L.p. 10 percent owner C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020

Trio-Tech International (Trio-Tech International) Headlines