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Tatwah Smartech Co (SZSE:002512) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Tatwah Smartech Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tatwah Smartech Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tatwah Smartech 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.

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Tatwah Smartech Co Cyclically Adjusted Price-to-FCF Chart

Tatwah Smartech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Tatwah Smartech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Tatwah Smartech Co's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Tatwah Smartech 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.


Tatwah Smartech Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where Tatwah Smartech Co's Cyclically Adjusted Price-to-FCF falls into.



Tatwah Smartech 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.

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

For example, Tatwah Smartech 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)
=-0.253/115.2271*115.2271
=-0.253

Current CPI (Mar. 2024) = 115.2271.

Tatwah Smartech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.024 98.200 -0.028
201409 -0.276 98.900 -0.322
201412 0.063 99.000 0.073
201503 -0.272 99.900 -0.314
201506 -0.010 99.500 -0.012
201509 -0.010 100.500 -0.011
201512 -0.077 100.600 -0.088
201603 -0.102 102.200 -0.115
201606 0.066 101.400 0.075
201609 0.033 102.400 0.037
201612 0.027 102.600 0.030
201703 -0.107 103.200 -0.119
201706 -0.287 103.100 -0.321
201709 -0.122 104.100 -0.135
201712 0.051 104.500 0.056
201803 0.002 105.300 0.002
201806 0.006 104.900 0.007
201809 -0.039 106.600 -0.042
201812 0.027 106.500 0.029
201903 0.164 107.700 0.175
201906 -0.011 107.700 -0.012
201909 -0.001 109.800 -0.001
201912 -0.063 111.200 -0.065
202003 -0.149 112.300 -0.153
202006 -0.210 110.400 -0.219
202009 0.096 111.700 0.099
202012 0.000 111.500 0.000
202103 -0.104 112.662 -0.106
202106 0.048 111.769 0.049
202109 0.105 112.215 0.108
202112 -0.306 113.108 -0.312
202203 -0.074 114.335 -0.075
202206 0.185 114.558 0.186
202209 -0.039 115.339 -0.039
202212 -0.579 115.116 -0.580
202303 -0.132 115.116 -0.132
202306 -0.345 114.558 -0.347
202309 -0.312 115.339 -0.312
202312 0.144 114.781 0.145
202403 -0.253 115.227 -0.253

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.


Tatwah Smartech Co  (SZSE:002512) 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.


Tatwah Smartech Co Cyclically Adjusted Price-to-FCF Related Terms

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Tatwah Smartech Co (SZSE:002512) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Shuiyi South Road, Taifeng Industrial park, Xiaolan Town, Zhongshan City, Guangdong Province, CHN
Tatwah Smartech Co Ltd operates in the semiconductor industry. The company is mainly engaged in the design, development, production, distribution of radio-frequency identification (RFID) system. Its product portfolio comprises RFID cards, clamshell and combi cards, leather key fobs, phone attachments, RFID wristband, NFC and metal mount tags, public transport products, laundry and waste bin and other tags. Its products are primarily used in transportation, education, home, agricultural tracing, internet finance, manufacturing, asset management, warehouse, and logistics applications.

Tatwah Smartech Co (SZSE:002512) Headlines

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