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T-Flex Techvest PCB Co (ROCO:3276) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


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What is T-Flex Techvest PCB Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


T-Flex Techvest PCB Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for T-Flex Techvest PCB 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.

T-Flex Techvest PCB Co Cyclically Adjusted Price-to-FCF Chart

T-Flex Techvest PCB Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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T-Flex Techvest PCB Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of T-Flex Techvest PCB Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, T-Flex Techvest PCB 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.


T-Flex Techvest PCB Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, T-Flex Techvest PCB Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where T-Flex Techvest PCB Co's Cyclically Adjusted Price-to-FCF falls into.



T-Flex Techvest PCB 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.

T-Flex Techvest PCB Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, T-Flex Techvest PCB 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)
=0.076/131.7762*131.7762
=0.076

Current CPI (Mar. 2024) = 131.7762.

T-Flex Techvest PCB Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.488 100.560 0.639
201409 0.563 100.428 0.739
201412 1.241 99.070 1.651
201503 -1.121 99.621 -1.483
201506 0.723 100.684 0.946
201509 0.103 100.392 0.135
201512 1.408 99.792 1.859
201603 0.431 100.470 0.565
201606 1.418 101.688 1.838
201609 -0.164 101.861 -0.212
201612 -0.144 101.863 -0.186
201703 -0.349 102.862 -0.447
201706 -0.872 103.349 -1.112
201709 0.474 104.136 0.600
201712 0.555 104.011 0.703
201803 0.094 105.290 0.118
201806 -1.734 106.317 -2.149
201809 -0.927 106.507 -1.147
201812 -2.348 105.998 -2.919
201903 -1.718 107.251 -2.111
201906 1.769 108.070 2.157
201909 -2.441 108.329 -2.969
201912 -0.487 108.420 -0.592
202003 -1.669 108.902 -2.020
202006 -2.132 108.767 -2.583
202009 -0.226 109.815 -0.271
202012 1.229 109.897 1.474
202103 -0.168 111.754 -0.198
202106 0.269 114.631 0.309
202109 -1.349 115.734 -1.536
202112 0.411 117.630 0.460
202203 -0.028 121.301 -0.030
202206 0.808 125.017 0.852
202209 2.012 125.227 2.117
202212 -2.192 125.222 -2.307
202303 0.302 127.348 0.313
202306 -0.606 128.729 -0.620
202309 -0.956 129.860 -0.970
202312 0.716 129.419 0.729
202403 0.076 131.776 0.076

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.


T-Flex Techvest PCB Co  (ROCO:3276) 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.


T-Flex Techvest PCB Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of T-Flex Techvest PCB Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


T-Flex Techvest PCB Co (ROCO:3276) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 12, Gongye 2nd Road, No. 352, Section 2, Pingzhen District, Taoyuan, TWN, 324
T-Flex Techvest PCB Co Ltd is an equipment manufacturer of electronic components. The company is engaged in the manufacturing, processing, purchase, and sale of electronic parts and components and printed circuit boards (PCB). It offers high-level PCB (Printed Circuit Board) inner and outer layer printed circuit board lamination. The company products include mobile phone boards, communication boards, motherboards, photoelectric boards, HDI boards, and others.

T-Flex Techvest PCB Co (ROCO:3276) Headlines

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