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Transcend Information (TPE:2451) Cyclically Adjusted FCF per Share : NT$7.27 (As of Mar. 2024)


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What is Transcend Information Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Transcend Information's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.162. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$7.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Transcend Information's average Cyclically Adjusted FCF Growth Rate was -6.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Transcend Information was 0.50% per year. The lowest was 0.50% per year. And the median was 0.50% per year.

As of today (2024-05-23), Transcend Information's current stock price is NT$110.00. Transcend Information's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$7.27. Transcend Information's Cyclically Adjusted Price-to-FCF of today is 15.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Transcend Information was 15.27. The lowest was 8.03. And the median was 9.29.


Transcend Information Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Transcend Information's Cyclically Adjusted FCF per Share 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.

Transcend Information Cyclically Adjusted FCF per Share Chart

Transcend Information Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.52 6.81 6.84 7.64

Transcend Information Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Cyclically Adjusted FCF per Share 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 7.64 7.89 8.12 7.85 7.27

Competitive Comparison of Transcend Information's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Transcend Information'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.


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

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

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



Transcend Information Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Transcend Information'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)
=0.162/131.7762*131.7762
=0.162

Current CPI (Mar. 2024) = 131.7762.

Transcend Information Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.095 99.695 -1.447
201406 2.158 100.560 2.828
201409 2.402 100.428 3.152
201412 3.698 99.070 4.919
201503 -0.745 99.621 -0.985
201506 1.059 100.684 1.386
201509 3.229 100.392 4.238
201512 3.913 99.792 5.167
201603 2.544 100.470 3.337
201606 0.852 101.688 1.104
201609 -0.305 101.861 -0.395
201612 3.228 101.863 4.176
201703 2.540 102.862 3.254
201706 1.688 103.349 2.152
201709 -0.545 104.136 -0.690
201712 2.912 104.011 3.689
201803 0.360 105.290 0.451
201806 2.158 106.317 2.675
201809 1.682 106.507 2.081
201812 5.686 105.998 7.069
201903 2.528 107.251 3.106
201906 0.996 108.070 1.214
201909 0.064 108.329 0.078
201912 -1.328 108.420 -1.614
202003 3.138 108.902 3.797
202006 -1.999 108.767 -2.422
202009 -1.494 109.815 -1.793
202012 -0.318 109.897 -0.381
202103 0.151 111.754 0.178
202106 -1.562 114.631 -1.796
202109 5.028 115.734 5.725
202112 2.040 117.630 2.285
202203 0.142 121.301 0.154
202206 4.370 125.017 4.606
202209 4.166 125.227 4.384
202212 3.149 125.222 3.314
202303 2.207 127.348 2.284
202306 0.940 128.729 0.962
202309 0.252 129.860 0.256
202403 0.162 131.776 0.162

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Transcend Information  (TPE:2451) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Transcend Information's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=110.00/7.27
=15.13

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Transcend Information was 15.27. The lowest was 8.03. And the median was 9.29.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Transcend Information Cyclically Adjusted FCF per Share Related Terms

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


Transcend Information (TPE:2451) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 70, XingZhong Road, NeiHu District, Taipei, TWN
Transcend Information Inc manufactures and distributes memory products for applications in gaming, transportation, healthcare, automation, and military applications. Its product portfolio includes solid-state drives, body cameras, personal cloud storage, memory cards, USB flash drives, memory modules, card readers, and multimedia products. The firm generates revenue in the Americas, Europe, Taiwan, and other countries in the Asia-Pacific region.

Transcend Information (TPE:2451) Headlines

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