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Asustek Computer (LSE:ASKD) 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)
=-2.441/131.7762*131.7762
=-2.441

Current CPI (Mar. 2024) = 131.7762.

Asustek Computer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.188 100.560 1.557
201409 0.484 100.428 0.635
201412 3.716 99.070 4.943
201503 -0.964 99.621 -1.275
201506 0.754 100.684 0.987
201509 -0.202 100.392 -0.265
201512 -1.914 99.792 -2.527
201603 1.014 100.470 1.330
201606 1.356 101.688 1.757
201609 3.805 101.861 4.922
201612 2.858 101.863 3.697
201703 -1.989 102.862 -2.548
201706 -1.395 103.349 -1.779
201709 -0.257 104.136 -0.325
201712 2.860 104.011 3.623
201803 1.606 105.290 2.010
201806 -1.042 106.317 -1.292
201809 0.816 106.507 1.010
201812 -0.978 105.998 -1.216
201903 -1.216 107.251 -1.494
201906 2.392 108.070 2.917
201909 0.176 108.329 0.214
201912 4.624 108.420 5.620
202003 -3.862 108.902 -4.673
202006 -0.720 108.767 -0.872
202009 3.483 109.815 4.180
202012 0.080 109.897 0.096
202103 4.609 111.754 5.435
202106 -1.297 114.631 -1.491
202109 -2.896 115.734 -3.297
202112 6.764 117.630 7.577
202203 -8.617 121.301 -9.361
202206 -8.488 125.017 -8.947
202209 3.624 125.227 3.814
202212 8.725 125.222 9.182
202303 3.658 127.348 3.785
202306 1.808 128.729 1.851
202309 1.762 129.860 1.788
202312 3.422 129.419 3.484
202403 -2.441 131.776 -2.441

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  (LSE:ASKD) 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 (LSE:ASKD) 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 (LSE:ASKD) Headlines

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