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K World Computer Co (ROCO:3287) Cyclically Adjusted FCF per Share : NT$0.25 (As of Mar. 2024)


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What is K World Computer 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.

K World Computer Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.265. 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$0.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, K World Computer Co's average Cyclically Adjusted FCF Growth Rate was 56.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 122.40% 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 K World Computer Co was 122.40% per year. The lowest was 122.40% per year. And the median was 122.40% per year.

As of today (2024-06-01), K World Computer Co's current stock price is NT$47.25. K World Computer Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.25. K World Computer Co's Cyclically Adjusted Price-to-FCF of today is 189.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of K World Computer Co was 1560.00. The lowest was 54.38. And the median was 177.78.


K World Computer Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for K World Computer 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.

K World Computer Co Cyclically Adjusted FCF per Share Chart

K World Computer 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 0.03 0.02 -0.35 -0.05 0.22

K World Computer 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 0.16 0.35 0.40 0.22 0.25

Competitive Comparison of K World Computer Co's Cyclically Adjusted FCF per Share

For the Electronics & Computer Distribution subindustry, K World Computer 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.


K World Computer Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where K World Computer Co's Cyclically Adjusted Price-to-FCF falls into.



K World Computer 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, K World Computer 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)
=0.265/131.7762*131.7762
=0.265

Current CPI (Mar. 2024) = 131.7762.

K World Computer Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.786 100.560 1.030
201409 0.297 100.428 0.390
201412 0.301 99.070 0.400
201503 0.019 99.621 0.025
201506 -0.299 100.684 -0.391
201509 0.573 100.392 0.752
201512 -1.008 99.792 -1.331
201603 -0.677 100.470 -0.888
201606 0.156 101.688 0.202
201609 -0.167 101.861 -0.216
201612 -0.337 101.863 -0.436
201703 -0.742 102.862 -0.951
201706 0.542 103.349 0.691
201709 -0.503 104.136 -0.637
201712 -0.332 104.011 -0.421
201803 0.111 105.290 0.139
201806 -0.110 106.317 -0.136
201809 -0.521 106.507 -0.645
201812 -0.522 105.998 -0.649
201903 -0.359 107.251 -0.441
201906 0.908 108.070 1.107
201909 0.254 108.329 0.309
201912 0.072 108.420 0.088
202003 -0.148 108.902 -0.179
202006 1.306 108.767 1.582
202009 0.658 109.815 0.790
202012 -0.202 109.897 -0.242
202103 -0.756 111.754 -0.891
202106 0.754 114.631 0.867
202109 -1.686 115.734 -1.920
202112 -1.002 117.630 -1.123
202203 1.157 121.301 1.257
202206 1.317 125.017 1.388
202209 0.886 125.227 0.932
202212 0.136 125.222 0.143
202303 0.689 127.348 0.713
202306 1.571 128.729 1.608
202309 0.282 129.860 0.286
202312 -0.959 129.419 -0.976
202403 0.265 131.776 0.265

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


K World Computer Co  (ROCO:3287) 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.

K World Computer Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=47.25/0.25
=189.00

* 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 K World Computer Co was 1560.00. The lowest was 54.38. And the median was 177.78.


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.


K World Computer Co Cyclically Adjusted FCF per Share Related Terms

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


K World Computer Co (ROCO:3287) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6 Floor, No.113, Jianer Road, Zhonghe District, New Taipei, TWN, 23585
K World Computer Co Ltd is engaged in the sales, manufacturing and research and development of computer peripheral products. Its products and services include, gaming earphones, wall charger, car charger, pure Analog TV tuner cards to Hybrid TV tuner sticks.

K World Computer Co (ROCO:3287) Headlines

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