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U.D.Electronic (ROCO:3689) Cyclically Adjusted Price-to-FCF : 41.58 (As of Jun. 10, 2024)


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What is U.D.Electronic Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), U.D.Electronic's current share price is NT$73.60. U.D.Electronic's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.77. U.D.Electronic's Cyclically Adjusted Price-to-FCF for today is 41.58.

The historical rank and industry rank for U.D.Electronic's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:3689' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 34.24   Med: 168.27   Max: 1260
Current: 41.64

During the past years, U.D.Electronic's highest Cyclically Adjusted Price-to-FCF was 1260.00. The lowest was 34.24. And the median was 168.27.

ROCO:3689's Cyclically Adjusted Price-to-FCF is ranked worse than
62.18% of 965 companies
in the Hardware industry
Industry Median: 29.6 vs ROCO:3689: 41.64

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.

U.D.Electronic's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.409. 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$1.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


U.D.Electronic Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for U.D.Electronic'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.

U.D.Electronic Cyclically Adjusted Price-to-FCF Chart

U.D.Electronic 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 - 68.80 350.30 194.13 39.13

U.D.Electronic 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 72.39 193.10 112.23 39.13 42.95

Competitive Comparison of U.D.Electronic's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, U.D.Electronic'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.


U.D.Electronic's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, U.D.Electronic's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where U.D.Electronic's Cyclically Adjusted Price-to-FCF falls into.



U.D.Electronic 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.

U.D.Electronic's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=73.60/1.77
=41.58

* 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.

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

For example, U.D.Electronic'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)
=1.409/131.7762*131.7762
=1.409

Current CPI (Mar. 2024) = 131.7762.

U.D.Electronic Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3.403 100.560 -4.459
201409 -1.590 100.428 -2.086
201412 6.406 99.070 8.521
201503 -1.140 99.621 -1.508
201506 0.448 100.684 0.586
201509 -4.211 100.392 -5.527
201512 0.140 99.792 0.185
201603 -1.253 100.470 -1.643
201606 1.528 101.688 1.980
201609 1.380 101.861 1.785
201612 -1.193 101.863 -1.543
201703 2.532 102.862 3.244
201706 3.036 103.349 3.871
201709 -1.837 104.136 -2.325
201712 1.225 104.011 1.552
201803 -0.404 105.290 -0.506
201806 -2.676 106.317 -3.317
201809 -0.981 106.507 -1.214
201812 -0.778 105.998 -0.967
201903 -2.834 107.251 -3.482
201906 -1.339 108.070 -1.633
201909 -0.777 108.329 -0.945
201912 0.858 108.420 1.043
202003 1.371 108.902 1.659
202006 -0.833 108.767 -1.009
202009 1.078 109.815 1.294
202012 1.596 109.897 1.914
202103 -2.347 111.754 -2.767
202106 -0.695 114.631 -0.799
202109 -0.763 115.734 -0.869
202112 1.007 117.630 1.128
202203 -0.075 121.301 -0.081
202206 2.050 125.017 2.161
202209 1.235 125.227 1.300
202212 3.634 125.222 3.824
202303 2.088 127.348 2.161
202306 2.264 128.729 2.318
202309 2.759 129.860 2.800
202312 9.450 129.419 9.622
202403 1.409 131.776 1.409

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.


U.D.Electronic  (ROCO:3689) 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.


U.D.Electronic Cyclically Adjusted Price-to-FCF Related Terms

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


U.D.Electronic (ROCO:3689) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 13, Lane 68, Neixi Road, 2nd Floor, Luzhu District, Taoyuan, TWN, 338012
U.D.Electronic Corp is a Taiwan-based company mainly engaged in the research, development, manufacture, and distribution of signal connectors. The company generates maximum revenue from sales of electronic connectors for telecommunications, data communications, and computers.

U.D.Electronic (ROCO:3689) Headlines

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