GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ali Corp (TPE:3041) » Definitions » Cyclically Adjusted FCF per Share

Ali (TPE:3041) Cyclically Adjusted FCF per Share : NT$-2.15 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Ali 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.

Ali's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.370. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-2.15 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -41.10% 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 Ali was -41.10% per year. The lowest was -244.10% per year. And the median was -142.60% per year.

As of today (2024-05-26), Ali's current stock price is NT$21.10. Ali's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-2.15. Ali's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ali was 2114.00. The lowest was 95.53. And the median was 819.47.


Ali Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ali'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.

Ali Cyclically Adjusted FCF per Share Chart

Ali Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.69 -0.94 -1.63 -1.94

Ali Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -1.74 -1.87 -1.75 -1.94 -2.15

Competitive Comparison of Ali's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, Ali'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.


Ali's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Ali 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, Ali'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)
=-0.37/131.7762*131.7762
=-0.370

Current CPI (Mar. 2024) = 131.7762.

Ali Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.836 100.560 -1.096
201409 -0.274 100.428 -0.360
201412 0.061 99.070 0.081
201503 0.625 99.621 0.827
201506 -1.932 100.684 -2.529
201509 0.788 100.392 1.034
201512 0.629 99.792 0.831
201603 -0.894 100.470 -1.173
201606 -0.271 101.688 -0.351
201609 -0.443 101.861 -0.573
201612 0.221 101.863 0.286
201703 -1.455 102.862 -1.864
201706 0.163 103.349 0.208
201709 -1.853 104.136 -2.345
201712 -1.633 104.011 -2.069
201803 -1.530 105.290 -1.915
201806 -1.881 106.317 -2.331
201809 0.938 106.507 1.161
201812 -0.256 105.998 -0.318
201903 -0.642 107.251 -0.789
201906 -1.381 108.070 -1.684
201909 -0.644 108.329 -0.783
201912 0.231 108.420 0.281
202003 -0.282 108.902 -0.341
202006 -0.496 108.767 -0.601
202009 -0.356 109.815 -0.427
202012 -1.021 109.897 -1.224
202103 -1.201 111.754 -1.416
202106 0.193 114.631 0.222
202109 -0.116 115.734 -0.132
202112 0.331 117.630 0.371
202203 0.176 121.301 0.191
202206 -0.549 125.017 -0.579
202209 0.232 125.227 0.244
202212 0.800 125.222 0.842
202303 -0.824 127.348 -0.853
202306 -1.754 128.729 -1.796
202309 0.020 129.860 0.020
202312 -0.142 129.419 -0.145
202403 -0.370 131.776 -0.370

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


Ali  (TPE:3041) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ali was 2114.00. The lowest was 95.53. And the median was 819.47.


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.


Ali Cyclically Adjusted FCF per Share Related Terms

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


Ali (TPE:3041) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ali Corp (TPE:3041) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
5f, No. 246 Neihu Road, Sec. 1, Taipei, TWN, 114
Ali Corp operates in the semiconductor industry. The company is mainly engaged in in the research, development, design and sales of chipsets for communication, consumer and multimedia products and a range of application-specific integrated circuits. The majority of revenue is derived from the sale of goods. Geographically, it operates in Hong Kong, Mainland China, Korea, Taiwan, France, Singapore and Others, out of which the majority is from Hong Kong.

Ali (TPE:3041) Headlines

No Headlines