GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Professional Computer Technology Ltd (ROCO:6270) » Definitions » Cyclically Adjusted FCF per Share

Professional Computer Technology (ROCO:6270) Cyclically Adjusted FCF per Share : NT$0.36 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Professional Computer Technology 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.

Professional Computer Technology's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$1.900. 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$0.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Professional Computer Technology's average Cyclically Adjusted FCF Growth Rate was 50.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.90% 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 Professional Computer Technology was -9.90% per year. The lowest was -9.90% per year. And the median was -9.90% per year.

As of today (2024-06-06), Professional Computer Technology's current stock price is NT$31.90. Professional Computer Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.36. Professional Computer Technology's Cyclically Adjusted Price-to-FCF of today is 88.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Professional Computer Technology was 161.00. The lowest was 22.87. And the median was 64.72.


Professional Computer Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Professional Computer Technology'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.

Professional Computer Technology Cyclically Adjusted FCF per Share Chart

Professional Computer Technology 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 -0.42 0.26 0.77 0.34 0.19

Professional Computer 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 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 0.24 0.15 0.28 0.19 0.36

Competitive Comparison of Professional Computer Technology's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Professional Computer 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.


Professional Computer Technology's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Professional Computer Technology 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, Professional Computer 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)
=1.9/131.7762*131.7762
=1.900

Current CPI (Mar. 2024) = 131.7762.

Professional Computer Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.639 100.560 0.837
201409 -0.112 100.428 -0.147
201412 0.305 99.070 0.406
201503 -0.071 99.621 -0.094
201506 0.754 100.684 0.987
201509 -0.195 100.392 -0.256
201512 1.274 99.792 1.682
201603 0.231 100.470 0.303
201606 -0.830 101.688 -1.076
201609 0.831 101.861 1.075
201612 0.610 101.863 0.789
201703 -0.956 102.862 -1.225
201706 -0.195 103.349 -0.249
201709 0.709 104.136 0.897
201712 -0.148 104.011 -0.188
201803 -0.491 105.290 -0.615
201806 -1.539 106.317 -1.908
201809 0.192 106.507 0.238
201812 1.198 105.998 1.489
201903 0.052 107.251 0.064
201906 -0.524 108.070 -0.639
201909 -1.314 108.329 -1.598
201912 1.217 108.420 1.479
202003 -0.881 108.902 -1.066
202006 0.162 108.767 0.196
202009 0.482 109.815 0.578
202012 0.375 109.897 0.450
202103 -1.239 111.754 -1.461
202106 -1.652 114.631 -1.899
202109 2.426 115.734 2.762
202112 2.012 117.630 2.254
202203 -1.359 121.301 -1.476
202206 0.586 125.017 0.618
202209 0.233 125.227 0.245
202212 -0.625 125.222 -0.658
202303 -1.571 127.348 -1.626
202306 -1.675 128.729 -1.715
202309 1.812 129.860 1.839
202312 0.388 129.419 0.395
202403 1.900 131.776 1.900

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


Professional Computer Technology  (ROCO:6270) 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.

Professional Computer Technology's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=31.90/0.36
=88.61

* 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 Professional Computer Technology was 161.00. The lowest was 22.87. And the median was 64.72.


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.


Professional Computer Technology Cyclically Adjusted FCF per Share Related Terms

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


Professional Computer Technology (ROCO:6270) Business Description

Traded in Other Exchanges
N/A
Address
5F., No. 75, Sec. 1, Shintai 5th Road, Shijr City, Taipei, TWN, 221
Professional Computer Technology Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of semiconductor components. It sells active and passive components, computer basic software, computer application software, and B2B components.

Professional Computer Technology (ROCO:6270) Headlines

No Headlines