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Yageo (TPE:2327) Cyclically Adjusted Price-to-FCF : 17.74 (As of Jun. 01, 2024)


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What is Yageo Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Yageo's current share price is NT$662.00. Yageo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$37.31. Yageo's Cyclically Adjusted Price-to-FCF for today is 17.74.

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

TPE:2327' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.45   Med: 17.19   Max: 32.44
Current: 17.45

During the past years, Yageo's highest Cyclically Adjusted Price-to-FCF was 32.44. The lowest was 10.45. And the median was 17.19.

TPE:2327's Cyclically Adjusted Price-to-FCF is ranked better than
71.04% of 960 companies
in the Hardware industry
Industry Median: 30.38 vs TPE:2327: 17.45

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.

Yageo's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$11.265. 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$37.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yageo Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yageo'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.

Yageo Cyclically Adjusted Price-to-FCF Chart

Yageo 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 25.02 27.59 21.10 13.65 16.79

Yageo 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 15.87 14.34 15.02 16.79 15.89

Competitive Comparison of Yageo's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Yageo'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.


Yageo's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Yageo 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=662.00/37.31
=17.74

* 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.

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

For example, Yageo'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)
=11.265/131.7762*131.7762
=11.265

Current CPI (Mar. 2024) = 131.7762.

Yageo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.423 100.560 4.486
201409 1.509 100.428 1.980
201412 5.103 99.070 6.788
201503 1.999 99.621 2.644
201506 0.906 100.684 1.186
201509 2.091 100.392 2.745
201512 6.486 99.792 8.565
201603 6.332 100.470 8.305
201606 3.222 101.688 4.175
201609 2.140 101.861 2.768
201612 3.936 101.863 5.092
201703 2.218 102.862 2.841
201706 0.321 103.349 0.409
201709 2.832 104.136 3.584
201712 3.072 104.011 3.892
201803 3.259 105.290 4.079
201806 13.760 106.317 17.055
201809 24.349 106.507 30.126
201812 53.490 105.998 66.499
201903 16.018 107.251 19.681
201906 -8.487 108.070 -10.349
201909 8.232 108.329 10.014
201912 1.532 108.420 1.862
202003 6.145 108.902 7.436
202006 3.971 108.767 4.811
202009 9.306 109.815 11.167
202012 7.246 109.897 8.689
202103 4.390 111.754 5.177
202106 9.662 114.631 11.107
202109 11.214 115.734 12.768
202112 15.372 117.630 17.221
202203 8.770 121.301 9.527
202206 5.106 125.017 5.382
202209 22.698 125.227 23.885
202212 11.820 125.222 12.439
202303 1.790 127.348 1.852
202306 8.621 128.729 8.825
202309 9.899 129.860 10.045
202312 12.872 129.419 13.106
202403 11.265 131.776 11.265

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.


Yageo  (TPE:2327) 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.


Yageo Cyclically Adjusted Price-to-FCF Related Terms

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


Yageo (TPE:2327) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yageo Corp (TPE:2327) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
No. 233-1, Baoqiao Road, 3rd Floor, Xindian District, New Taipei, TWN, 23145
Yageo produces passive components for electronic devices. Passive components are necessary for all electronic circuits; they are used to stabilize and control electric flow and remove electromagnetic noise from the circuit. Yageo's main products are multilayer ceramic capacitors, chip resistors, inductors, and tantalum capacitors, which are ranked third, first, third, and first in global production volume, respectively.

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