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Winstek Semiconductor Co (ROCO:3265) Cyclically Adjusted Price-to-FCF : 18.55 (As of Jun. 13, 2024)


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What is Winstek Semiconductor Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Winstek Semiconductor Co's current share price is NT$125.00. Winstek Semiconductor Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$6.74. Winstek Semiconductor Co's Cyclically Adjusted Price-to-FCF for today is 18.55.

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

ROCO:3265' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.95   Med: 6.62   Max: 20.29
Current: 18.62

During the past years, Winstek Semiconductor Co's highest Cyclically Adjusted Price-to-FCF was 20.29. The lowest was 3.95. And the median was 6.62.

ROCO:3265's Cyclically Adjusted Price-to-FCF is ranked better than
78.26% of 345 companies
in the Semiconductors industry
Industry Median: 40.29 vs ROCO:3265: 18.62

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.

Winstek Semiconductor Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$2.847. 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$6.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Winstek Semiconductor Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Winstek Semiconductor Co'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.

Winstek Semiconductor Co Cyclically Adjusted Price-to-FCF Chart

Winstek Semiconductor Co 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 5.36 5.46 6.56 8.42 14.10

Winstek Semiconductor Co 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 9.84 11.15 13.55 14.10 18.91

Competitive Comparison of Winstek Semiconductor Co's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Winstek Semiconductor Co'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.


Winstek Semiconductor Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Winstek Semiconductor Co 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.

Winstek Semiconductor Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=125.00/6.74
=18.55

* 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.

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

For example, Winstek Semiconductor Co'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)
=2.847/131.7762*131.7762
=2.847

Current CPI (Mar. 2024) = 131.7762.

Winstek Semiconductor Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.518 100.560 0.679
201409 1.004 100.428 1.317
201412 4.383 99.070 5.830
201503 2.582 99.621 3.415
201506 1.756 100.684 2.298
201509 1.246 100.392 1.636
201512 1.774 99.792 2.343
201603 0.102 100.470 0.134
201606 -0.245 101.688 -0.317
201609 1.995 101.861 2.581
201612 1.953 101.863 2.527
201703 5.826 102.862 7.464
201706 3.686 103.349 4.700
201709 1.687 104.136 2.135
201712 2.123 104.011 2.690
201803 2.481 105.290 3.105
201806 -0.412 106.317 -0.511
201809 0.843 106.507 1.043
201812 3.581 105.998 4.452
201903 1.124 107.251 1.381
201906 -0.566 108.070 -0.690
201909 2.143 108.329 2.607
201912 0.705 108.420 0.857
202003 0.684 108.902 0.828
202006 1.166 108.767 1.413
202009 2.305 109.815 2.766
202012 1.116 109.897 1.338
202103 -1.876 111.754 -2.212
202106 -2.701 114.631 -3.105
202109 -1.662 115.734 -1.892
202112 0.819 117.630 0.917
202203 -3.630 121.301 -3.943
202206 2.542 125.017 2.679
202209 4.199 125.227 4.419
202212 0.743 125.222 0.782
202303 2.521 127.348 2.609
202306 1.093 128.729 1.119
202309 3.069 129.860 3.114
202312 2.027 129.419 2.064
202403 2.847 131.776 2.847

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.


Winstek Semiconductor Co  (ROCO:3265) 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.


Winstek Semiconductor Co Cyclically Adjusted Price-to-FCF Related Terms

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Winstek Semiconductor Co (ROCO:3265) Business Description

Traded in Other Exchanges
N/A
Address
No. 176-5, Luliaokeng, , 6th Ling, Qionglin Township, Hualung Chun, Chiung Lin, Hsinchu, TWN, 307410
Winstek Semiconductor Co Ltd is engaged in designing, testing, and selling integrated circuits. It offers wafer probing and sorting, final test, posttest, engineering support, turnkey test, wafer-level processing, and wafer bumping services. There are two reporting divisions in the Group: Testing Division and Packaging Division. It has two segments include the Testing Business and the Bumping Business for which the majority of the revenue is from the Bumping business segment.

Winstek Semiconductor Co (ROCO:3265) Headlines

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