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Shinko Electric Industries Co (FRA:SKS) Cyclically Adjusted Price-to-FCF : 165.00 (As of Jun. 10, 2024)


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What is Shinko Electric Industries Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Shinko Electric Industries Co's current share price is €33.00. Shinko Electric Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.20. Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF for today is 165.00.

The historical rank and industry rank for Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:SKS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.55   Med: 99.94   Max: 2516.36
Current: 171.31

During the past years, Shinko Electric Industries Co's highest Cyclically Adjusted Price-to-FCF was 2516.36. The lowest was 33.55. And the median was 99.94.

FRA:SKS's Cyclically Adjusted Price-to-FCF is ranked worse than
89.57% of 345 companies
in the Semiconductors industry
Industry Median: 40.29 vs FRA:SKS: 171.31

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.

Shinko Electric Industries Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.382. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinko Electric Industries Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shinko Electric Industries Co'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.

Shinko Electric Industries Co Cyclically Adjusted Price-to-FCF Chart

Shinko Electric Industries Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 329.76 70.78 169.39

Shinko Electric Industries 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 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 70.78 101.14 136.09 208.46 169.39

Competitive Comparison of Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Shinko Electric Industries 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.


Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF falls into.



Shinko Electric Industries Co 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.

Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.00/0.2
=165.00

* 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.

Shinko Electric Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shinko Electric Industries 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)
=0.382/107.2000*107.2000
=0.382

Current CPI (Mar. 2024) = 107.2000.

Shinko Electric Industries Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.213 98.000 -0.233
201409 -0.035 98.500 -0.038
201412 -0.221 97.900 -0.242
201503 0.018 97.900 0.020
201506 0.101 98.400 0.110
201509 0.241 98.500 0.262
201512 0.133 98.100 0.145
201603 0.004 97.900 0.004
201606 -0.092 98.100 -0.101
201609 0.257 98.000 0.281
201612 -0.235 98.400 -0.256
201703 0.269 98.100 0.294
201706 0.003 98.500 0.003
201709 0.018 98.800 0.020
201712 0.098 99.400 0.106
201803 0.042 99.200 0.045
201806 0.067 99.200 0.072
201809 0.155 99.900 0.166
201812 -0.050 99.700 -0.054
201903 0.048 99.700 0.052
201906 -0.188 99.800 -0.202
201909 -0.371 100.100 -0.397
201912 -0.656 100.500 -0.700
202003 -0.170 100.300 -0.182
202006 -0.075 99.900 -0.080
202009 0.501 99.900 0.538
202012 -0.344 99.300 -0.371
202103 0.039 99.900 0.042
202106 -0.252 99.500 -0.272
202109 0.667 100.100 0.714
202112 0.301 100.100 0.322
202203 0.754 101.100 0.799
202206 -0.084 101.800 -0.088
202209 1.516 103.100 1.576
202212 0.266 104.100 0.274
202303 1.122 104.400 1.152
202306 0.008 105.200 0.008
202309 -0.675 106.200 -0.681
202312 -0.996 106.800 -1.000
202403 0.382 107.200 0.382

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.


Shinko Electric Industries Co  (FRA:SKS) 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.


Shinko Electric Industries Co Cyclically Adjusted Price-to-FCF Related Terms

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


Shinko Electric Industries Co (FRA:SKS) Business Description

Traded in Other Exchanges
Address
80, Oshimada-machi, Nagano-shi, Nagano, JPN, 381-2287
Shinko Electric Industries Co Ltd is an integrated manufacturer of semiconductor packages. It houses eight core technologies that include hermetic seal technology, ceramic technology, multilayer build-up technology, integrated circuit assembly technology, and many others. Integrated circuit packages are the leading revenue generator, but hermetic seal tech is the traditional offering from Shinko. It connects glass and ceramics to various metals and is used in areas such as semiconductor lasers, and sensors for in-car use. The company also produces simulation technology that encompasses signal and power integrity of high-speed transmission lines and other solutions needed for high-performance semiconductor packages. Offices are located globally to serve a host of different industries.

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