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Foxconn Technology Co (TPE:2354) Cyclically Adjusted FCF per Share : NT$6.90 (As of Mar. 2024)


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What is Foxconn Technology 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.

Foxconn Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.594. 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$6.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Foxconn Technology Co's average Cyclically Adjusted FCF Growth Rate was -15.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.30% 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 Foxconn Technology Co was -0.80% per year. The lowest was -3.30% per year. And the median was -2.05% per year.

As of today (2024-06-04), Foxconn Technology Co's current stock price is NT$68.10. Foxconn Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$6.90. Foxconn Technology Co's Cyclically Adjusted Price-to-FCF of today is 9.87.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Foxconn Technology Co was 10.59. The lowest was 5.54. And the median was 7.25.


Foxconn Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Foxconn Technology 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.

Foxconn Technology Co Cyclically Adjusted FCF per Share Chart

Foxconn Technology 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 8.57 7.94 8.33 8.36 7.19

Foxconn Technology 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 8.13 7.86 7.79 7.19 6.90

Competitive Comparison of Foxconn Technology Co's Cyclically Adjusted FCF per Share

For the Electronics & Computer Distribution subindustry, Foxconn Technology 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.


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

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

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



Foxconn Technology 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, Foxconn Technology 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)
=0.594/131.7762*131.7762
=0.594

Current CPI (Mar. 2024) = 131.7762.

Foxconn Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.505 100.560 -0.662
201409 1.819 100.428 2.387
201412 4.122 99.070 5.483
201503 3.565 99.621 4.716
201506 2.928 100.684 3.832
201509 -4.199 100.392 -5.512
201512 11.083 99.792 14.635
201603 2.572 100.470 3.373
201606 0.165 101.688 0.214
201609 1.020 101.861 1.320
201612 5.444 101.863 7.043
201703 -0.732 102.862 -0.938
201706 -0.727 103.349 -0.927
201709 0.694 104.136 0.878
201712 5.608 104.011 7.105
201803 0.598 105.290 0.748
201806 -0.045 106.317 -0.056
201809 -1.100 106.507 -1.361
201812 7.318 105.998 9.098
201903 -0.301 107.251 -0.370
201906 -0.126 108.070 -0.154
201909 6.984 108.329 8.496
201912 1.498 108.420 1.821
202003 -3.266 108.902 -3.952
202006 2.493 108.767 3.020
202009 1.324 109.815 1.589
202012 0.850 109.897 1.019
202103 0.224 111.754 0.264
202106 -1.058 114.631 -1.216
202109 -0.776 115.734 -0.884
202112 3.853 117.630 4.316
202203 -5.739 121.301 -6.235
202206 -0.217 125.017 -0.229
202209 2.413 125.227 2.539
202212 9.319 125.222 9.807
202303 -3.501 127.348 -3.623
202306 -0.260 128.729 -0.266
202309 0.366 129.860 0.371
202312 0.739 129.419 0.752
202403 0.594 131.776 0.594

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


Foxconn Technology Co  (TPE:2354) 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.

Foxconn Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=68.10/6.9
=9.87

* 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 Foxconn Technology Co was 10.59. The lowest was 5.54. And the median was 7.25.


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.


Foxconn Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Foxconn Technology Co (TPE:2354) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3-2, Zhongshan Road, Tucheng District, Taipei, TWN
Foxconn Technology Co Ltd along with its subsidiaries is engaged in manufacturing, processing, and sales of case, heat dissipation modules, and consumer electronics products. The firm's operating segments include Trading services of electronic products and Manufacturing and sales of mechanical components. It generates a majority of its revenue from the Electronic product trading segment. Geographically, the company operates in China, Japan, Taiwan, USA, and others. It generates a majority of its revenue from Japan followed by China.

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