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E Ink Holdings (ROCO:8069) Cyclically Adjusted Price-to-FCF : 56.73 (As of Jun. 08, 2024)


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What is E Ink Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), E Ink Holdings's current share price is NT$215.00. E Ink Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.79. E Ink Holdings's Cyclically Adjusted Price-to-FCF for today is 56.73.

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

ROCO:8069' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.11   Med: 24.92   Max: 73.78
Current: 57.94

During the past years, E Ink Holdings's highest Cyclically Adjusted Price-to-FCF was 73.78. The lowest was 7.11. And the median was 24.92.

ROCO:8069's Cyclically Adjusted Price-to-FCF is ranked worse than
71.95% of 966 companies
in the Hardware industry
Industry Median: 30.465 vs ROCO:8069: 57.94

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.

E Ink Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.031. 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$3.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


E Ink Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for E Ink Holdings'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.

E Ink Holdings Cyclically Adjusted Price-to-FCF Chart

E Ink Holdings 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 9.83 14.79 46.96 49.97 51.45

E Ink Holdings 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 57.14 60.56 45.42 51.45 60.05

Competitive Comparison of E Ink Holdings's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, E Ink Holdings'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.


E Ink Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where E Ink Holdings's Cyclically Adjusted Price-to-FCF falls into.



E Ink Holdings 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.

E Ink Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=215.00/3.79
=56.73

* 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.

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

For example, E Ink Holdings'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)
=0.031/131.7762*131.7762
=0.031

Current CPI (Mar. 2024) = 131.7762.

E Ink Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.156 100.560 0.204
201409 0.502 100.428 0.659
201412 1.569 99.070 2.087
201503 -0.304 99.621 -0.402
201506 -0.060 100.684 -0.079
201509 1.085 100.392 1.424
201512 1.077 99.792 1.422
201603 0.593 100.470 0.778
201606 0.237 101.688 0.307
201609 1.558 101.861 2.016
201612 1.441 101.863 1.864
201703 0.224 102.862 0.287
201706 1.020 103.349 1.301
201709 1.794 104.136 2.270
201712 1.465 104.011 1.856
201803 -1.369 105.290 -1.713
201806 0.883 106.317 1.094
201809 0.221 106.507 0.273
201812 2.041 105.998 2.537
201903 0.136 107.251 0.167
201906 1.437 108.070 1.752
201909 0.448 108.329 0.545
201912 0.156 108.420 0.190
202003 0.090 108.902 0.109
202006 1.010 108.767 1.224
202009 0.782 109.815 0.938
202012 1.679 109.897 2.013
202103 0.473 111.754 0.558
202106 -0.044 114.631 -0.051
202109 -0.120 115.734 -0.137
202112 2.159 117.630 2.419
202203 0.300 121.301 0.326
202206 0.902 125.017 0.951
202209 1.939 125.227 2.040
202212 -0.608 125.222 -0.640
202303 2.550 127.348 2.639
202306 2.432 128.729 2.490
202309 1.699 129.860 1.724
202312 0.401 129.419 0.408
202403 0.031 131.776 0.031

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.


E Ink Holdings  (ROCO:8069) 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.


E Ink Holdings Cyclically Adjusted Price-to-FCF Related Terms

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E Ink Holdings (ROCO:8069) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3, Lixing 1st Road, Hsinchu Science-Based Industrial Park, Hsinchu, TWN, 300
E Ink Holdings Inc manufactures electronic paper products and thin-film transistors based on liquid crystal displays. The electronic paper is based on electrophoretic technology and is a critical display component in electronic readers, electronic shelf labels, mobile phones, and watches. The thin-film transistors have niche market applications in vehicles and entertainment systems, ship and air navigation, security monitoring, medical instruments, and cameras. The firm has operations in the ROC, Asia, and America.

E Ink Holdings (ROCO:8069) Headlines

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