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HTC (HTCCY) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is HTC Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


HTC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HTC'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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HTC Cyclically Adjusted Price-to-FCF Chart

HTC 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 5.20 39.38 - - -

HTC 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 - - - - -

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

For the Consumer Electronics subindustry, HTC'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.


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

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

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



HTC 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.

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

For example, HTC'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)
=-0.13/131.7762*131.7762
=-0.130

Current CPI (Mar. 2024) = 131.7762.

HTC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.809 100.560 1.060
201409 0.678 100.428 0.890
201412 0.152 99.070 0.202
201503 -0.416 99.621 -0.550
201506 -0.620 100.684 -0.811
201509 -0.489 100.392 -0.642
201512 -0.615 99.792 -0.812
201603 -0.542 100.470 -0.711
201606 -0.325 101.688 -0.421
201609 -0.976 101.861 -1.263
201612 0.277 101.863 0.358
201703 -0.899 102.862 -1.152
201706 -1.339 103.349 -1.707
201709 -0.348 104.136 -0.440
201712 -0.508 104.011 -0.644
201803 -0.677 105.290 -0.847
201806 -0.188 106.317 -0.233
201809 -0.385 106.507 -0.476
201812 -0.382 105.998 -0.475
201903 -0.465 107.251 -0.571
201906 -0.390 108.070 -0.476
201909 -0.230 108.329 -0.280
201912 -0.391 108.420 -0.475
202003 -0.488 108.902 -0.591
202006 -0.290 108.767 -0.351
202009 -0.295 109.815 -0.354
202012 -0.206 109.897 -0.247
202103 -0.292 111.754 -0.344
202106 -0.181 114.631 -0.208
202109 -0.116 115.734 -0.132
202112 -0.215 117.630 -0.241
202203 -0.241 121.301 -0.262
202206 -0.115 125.017 -0.121
202209 -0.094 125.227 -0.099
202212 -0.173 125.222 -0.182
202303 -0.218 127.348 -0.226
202306 -0.132 128.729 -0.135
202309 -0.134 129.860 -0.136
202312 -0.164 129.419 -0.167
202403 -0.130 131.776 -0.130

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.


HTC  (OTCPK:HTCCY) 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.


HTC Cyclically Adjusted Price-to-FCF Related Terms

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HTC (HTCCY) Business Description

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Address
No. 23, Xinghua Road, Taoyuan District, Taoyuan, TWN, 330
HTC Corporation is a Taiwanese consumer electronics company. The Company is engaged in designing, manufacturing, assembling, processing, and selling smart mobile and virtual reality devices and after-sales services. Its products include smartphones, tablets, cameras, wearable fitness devices, Blockchain phones, Vive, and virtual reality headsets. More than half of the firm's revenue is generated in Taiwan, with the rest coming from countries in Asia, the Middle East, and other regions.