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Win Semiconductors (ROCO:3105) Cyclically Adjusted Price-to-FCF : 54.69 (As of Jun. 05, 2024)


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What is Win Semiconductors Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Win Semiconductors's current share price is NT$140.00. Win Semiconductors's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.56. Win Semiconductors's Cyclically Adjusted Price-to-FCF for today is 54.69.

The historical rank and industry rank for Win Semiconductors's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:3105' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 44.19   Med: 90.71   Max: 219.95
Current: 55.25

During the past years, Win Semiconductors's highest Cyclically Adjusted Price-to-FCF was 219.95. The lowest was 44.19. And the median was 90.71.

ROCO:3105's Cyclically Adjusted Price-to-FCF is ranked worse than
62.9% of 345 companies
in the Semiconductors industry
Industry Median: 40.14 vs ROCO:3105: 55.25

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.

Win Semiconductors's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$2.356. 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 NT$2.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Win Semiconductors Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Win Semiconductors'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.

Win Semiconductors Cyclically Adjusted Price-to-FCF Chart

Win Semiconductors 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 103.04 166.14 145.86 53.04 67.44

Win Semiconductors 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 78.50 75.02 58.03 67.44 57.01

Competitive Comparison of Win Semiconductors's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Win Semiconductors'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.


Win Semiconductors's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Win Semiconductors 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.

Win Semiconductors's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=140.00/2.56
=54.69

* 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.

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

For example, Win Semiconductors'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)
=2.356/131.7762*131.7762
=2.356

Current CPI (Mar. 2024) = 131.7762.

Win Semiconductors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.815 100.560 1.068
201409 1.817 100.428 2.384
201412 2.704 99.070 3.597
201503 0.479 99.621 0.634
201506 1.399 100.684 1.831
201509 0.240 100.392 0.315
201512 0.490 99.792 0.647
201603 -0.303 100.470 -0.397
201606 -0.056 101.688 -0.073
201609 0.559 101.861 0.723
201612 1.113 101.863 1.440
201703 -0.012 102.862 -0.015
201706 1.462 103.349 1.864
201709 0.779 104.136 0.986
201712 2.260 104.011 2.863
201803 -0.979 105.290 -1.225
201806 -0.338 106.317 -0.419
201809 -1.389 106.507 -1.719
201812 2.317 105.998 2.880
201903 0.314 107.251 0.386
201906 -1.027 108.070 -1.252
201909 3.920 108.329 4.768
201912 3.134 108.420 3.809
202003 1.674 108.902 2.026
202006 -1.444 108.767 -1.749
202009 -0.347 109.815 -0.416
202012 -0.023 109.897 -0.028
202103 0.280 111.754 0.330
202106 -2.345 114.631 -2.696
202109 0.517 115.734 0.589
202112 0.659 117.630 0.738
202203 1.385 121.301 1.505
202206 -1.798 125.017 -1.895
202209 -4.038 125.227 -4.249
202212 1.554 125.222 1.635
202303 -2.260 127.348 -2.339
202306 1.947 128.729 1.993
202309 -0.365 129.860 -0.370
202312 3.030 129.419 3.085
202403 2.356 131.776 2.356

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.


Win Semiconductors  (ROCO:3105) 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.


Win Semiconductors Cyclically Adjusted Price-to-FCF Related Terms

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


Win Semiconductors (ROCO:3105) Business Description

Traded in Other Exchanges
N/A
Address
No. 69, Keji 7th Road, Hwaya Technology Park, Guishan District, Taoyuan, TWN, 33383
Founded in 1999, Win Semiconductors is the largest foundry for nonsilicon-based semiconductor components, most notably gallium arsenide, or GaAs; gallium nitride, or GaN; and silicon carbide, or SiC. Per Strategy Analytics, Win Semi wielded over 75% share in the GaAs foundry market in 2022, followed by Advanced Wireless Semiconductor Company, or AWSC, and GCS Holdings, or GCS at 3.4%. The company's headquarters, four factories and most of its 3,500 employees are based in Taoyuan City, Taiwan. Its products are applied in mobile, Wi-Fi networks, cellular infrastructure (such as base stations), satellite communication, optical communication and 3D sensing. The company also provides automated testing and inspection services.

Win Semiconductors (ROCO:3105) Headlines

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