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Asustek Computer (FRA:AZ1D) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Asustek Computer Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asustek Computer Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asustek Computer'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.

Asustek Computer Cyclically Adjusted Price-to-FCF Chart

Asustek Computer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.27 12.36 16.16 14.11 22.61

Asustek Computer Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.53 14.63 16.14 22.61 20.66

Competitive Comparison of Asustek Computer's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Asustek Computer'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.


Asustek Computer's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Asustek Computer 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.

Asustek Computer's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Asustek Computer'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)
=-2.246/131.7762*131.7762
=-2.246

Current CPI (Mar. 2024) = 131.7762.

Asustek Computer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.875 100.560 1.147
201409 0.375 100.428 0.492
201412 3.014 99.070 4.009
201503 -0.890 99.621 -1.177
201506 0.672 100.684 0.880
201509 -0.180 100.392 -0.236
201512 -1.757 99.792 -2.320
201603 0.910 100.470 1.194
201606 1.207 101.688 1.564
201609 3.390 101.861 4.386
201612 2.709 101.863 3.505
201703 -1.860 102.862 -2.383
201706 -1.242 103.349 -1.584
201709 -0.215 104.136 -0.272
201712 2.417 104.011 3.062
201803 1.302 105.290 1.630
201806 -0.892 106.317 -1.106
201809 0.699 106.507 0.865
201812 -0.860 105.998 -1.069
201903 -1.076 107.251 -1.322
201906 2.117 108.070 2.581
201909 0.160 108.329 0.195
201912 4.161 108.420 5.057
202003 -3.495 108.902 -4.229
202006 -0.639 108.767 -0.774
202009 2.957 109.815 3.548
202012 0.066 109.897 0.079
202103 3.872 111.754 4.566
202106 -1.076 114.631 -1.237
202109 -2.462 115.734 -2.803
202112 5.986 117.630 6.706
202203 -7.825 121.301 -8.501
202206 -8.029 125.017 -8.463
202209 3.660 125.227 3.851
202212 8.236 125.222 8.667
202303 3.416 127.348 3.535
202306 1.669 128.729 1.709
202309 1.651 129.860 1.675
202312 3.138 129.419 3.195
202403 -2.246 131.776 -2.246

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.


Asustek Computer  (FRA:AZ1D) 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.


Asustek Computer Cyclically Adjusted Price-to-FCF Related Terms

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


Asustek Computer (FRA:AZ1D) Business Description

Industry
Traded in Other Exchanges
Address
No.15, Li-Te Road, Peitou, Taipei, TWN
Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries.

Asustek Computer (FRA:AZ1D) Headlines

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