GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aaeon Technology Inc (TPE:6579) » Definitions » Cyclically Adjusted FCF per Share

Aaeon Technology (TPE:6579) Cyclically Adjusted FCF per Share : NT$6.74 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Aaeon Technology 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.

Aaeon Technology's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$6.276. 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$6.74 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-06), Aaeon Technology's current stock price is NT$188.00. Aaeon Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$6.74. Aaeon Technology's Cyclically Adjusted Price-to-FCF of today is 27.89.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aaeon Technology was 27.89. The lowest was 21.45. And the median was 24.67.


Aaeon Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aaeon Technology'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.

Aaeon Technology Cyclically Adjusted FCF per Share Chart

Aaeon Technology 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 - - - - -

Aaeon Technology 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 - - - 6.06 6.74

Competitive Comparison of Aaeon Technology's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Aaeon Technology'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.


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

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

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



Aaeon Technology 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, Aaeon Technology'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)
=6.276/131.7762*131.7762
=6.276

Current CPI (Mar. 2024) = 131.7762.

Aaeon Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200712 0.000 88.616 0.000
200812 0.000 88.697 0.000
200912 0.000 91.111 0.000
201012 0.000 92.474 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 1.651 100.470 2.165
201606 0.683 101.688 0.885
201609 1.717 101.861 2.221
201612 3.398 101.863 4.396
201703 -0.991 102.862 -1.270
201706 1.564 103.349 1.994
201709 1.902 104.136 2.407
201712 1.599 104.011 2.026
201803 -0.577 105.290 -0.722
201806 -0.789 106.317 -0.978
201809 3.525 106.507 4.361
201812 0.330 105.998 0.410
201903 2.588 107.251 3.180
201906 1.719 108.070 2.096
201909 2.310 108.329 2.810
201912 -0.134 108.420 -0.163
202003 1.189 108.902 1.439
202006 -0.642 108.767 -0.778
202009 1.980 109.815 2.376
202012 3.900 109.897 4.676
202103 1.808 111.754 2.132
202106 -5.887 114.631 -6.767
202109 -1.530 115.734 -1.742
202112 -1.065 117.630 -1.193
202203 1.776 121.301 1.929
202206 -0.220 125.017 -0.232
202209 2.695 125.227 2.836
202212 1.653 125.222 1.740
202303 5.566 127.348 5.760
202306 2.668 128.729 2.731
202309 6.825 129.860 6.926
202403 6.276 131.776 6.276

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


Aaeon Technology  (TPE:6579) 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.

Aaeon Technology's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=188.00/6.74
=27.89

* 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 Aaeon Technology was 27.89. The lowest was 21.45. And the median was 24.67.


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.


Aaeon Technology Cyclically Adjusted FCF per Share Related Terms

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


Aaeon Technology (TPE:6579) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 135, Lane 235, Baoqiao Road, 5th Floor, Xindian District, New Taipei, TWN, 231
Aaeon Technology Inc is engaged in manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, as well as the import/export of related materials. The operating segment includes IPC and Medical PC, geographical presence of the company is in Taiwan, China, Singapore, USA and Europe.

Aaeon Technology (TPE:6579) Headlines

No Headlines