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Prosperity Dielectrics Co (ROCO:6173) Cyclically Adjusted FCF per Share : NT$3.19 (As of Mar. 2024)


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What is Prosperity Dielectrics Co Cyclically Adjusted FCF per Share?

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 FCF per Share and 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.

Prosperity Dielectrics Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.696. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$3.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Prosperity Dielectrics Co's average Cyclically Adjusted FCF Growth Rate was 21.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.50% 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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Prosperity Dielectrics Co was 22.20% per year. The lowest was 20.50% per year. And the median was 21.35% per year.

As of today (2024-06-04), Prosperity Dielectrics Co's current stock price is NT$49.80. Prosperity Dielectrics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.19. Prosperity Dielectrics Co's Cyclically Adjusted Price-to-FCF of today is 15.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Prosperity Dielectrics Co was 52.17. The lowest was 11.67. And the median was 27.50.


Prosperity Dielectrics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Prosperity Dielectrics Co's Cyclically Adjusted FCF 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.

* Premium members only.

Prosperity Dielectrics Co Cyclically Adjusted FCF per Share Chart

Prosperity Dielectrics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.77 2.00 2.52 3.10

Prosperity Dielectrics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF 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 2.62 2.88 3.02 3.10 3.19

Competitive Comparison of Prosperity Dielectrics Co's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Prosperity Dielectrics Co'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.


Prosperity Dielectrics Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Prosperity Dielectrics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Prosperity Dielectrics Co's Cyclically Adjusted Price-to-FCF falls into.



Prosperity Dielectrics Co Cyclically Adjusted FCF 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 FCF per Share and 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.

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

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. Let's use an example to explain.

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

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

For example, Prosperity Dielectrics Co'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)
=0.696/131.7762*131.7762
=0.696

Current CPI (Mar. 2024) = 131.7762.

Prosperity Dielectrics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.318 100.560 -1.727
201409 -0.152 100.428 -0.199
201412 0.075 99.070 0.100
201503 0.726 99.621 0.960
201506 0.314 100.684 0.411
201509 0.208 100.392 0.273
201512 0.614 99.792 0.811
201603 0.458 100.470 0.601
201606 0.546 101.688 0.708
201609 0.361 101.861 0.467
201612 0.282 101.863 0.365
201703 0.977 102.862 1.252
201706 0.242 103.349 0.309
201709 0.510 104.136 0.645
201712 0.800 104.011 1.014
201803 0.236 105.290 0.295
201806 -0.074 106.317 -0.092
201809 3.397 106.507 4.203
201812 2.210 105.998 2.747
201903 1.332 107.251 1.637
201906 -0.767 108.070 -0.935
201909 0.780 108.329 0.949
201912 -1.223 108.420 -1.486
202003 1.061 108.902 1.284
202006 1.954 108.767 2.367
202009 0.248 109.815 0.298
202012 2.405 109.897 2.884
202103 -0.037 111.754 -0.044
202106 -0.576 114.631 -0.662
202109 -0.069 115.734 -0.079
202112 0.929 117.630 1.041
202203 1.931 121.301 2.098
202206 0.090 125.017 0.095
202209 2.399 125.227 2.524
202212 -0.268 125.222 -0.282
202303 1.168 127.348 1.209
202306 2.139 128.729 2.190
202309 1.577 129.860 1.600
202312 1.338 129.419 1.362
202403 0.696 131.776 0.696

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Prosperity Dielectrics Co  (ROCO:6173) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 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.

Prosperity Dielectrics Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=49.80/3.19
=15.61

* 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 Price-to-FCF of Prosperity Dielectrics Co was 52.17. The lowest was 11.67. And the median was 27.50.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Prosperity Dielectrics Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Prosperity Dielectrics Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Prosperity Dielectrics Co (ROCO:6173) Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Nanshan Road, No.220-1 , Lujhu District, Taoyuan, TWN, 33860
Prosperity Dielectrics Co Ltd is a manufacturer and exporter of ceramic dielectric powders and multilayer ceramic chip capacitors in Taiwan. It is engaged in the manufacture and sale of specific application electronic ceramic products. It's product portfolio consist of mutilayer ceramic capacitors; chip resistors; ceramic dielectrical powder, Wafer capacitance, chip resistance, dielectric porcelain powder, semi-conductive ceramic, coil and inductor.

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