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AimCore technology Co (ROCO:3615) Cyclically Adjusted Price-to-FCF : 75.43 (As of May. 30, 2024)


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What is AimCore technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-30), AimCore technology Co's current share price is NT$26.40. AimCore technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.35. AimCore technology Co's Cyclically Adjusted Price-to-FCF for today is 75.43.

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

ROCO:3615' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 70.57   Med: 399.59   Max: 3095
Current: 73.29

During the past years, AimCore technology Co's highest Cyclically Adjusted Price-to-FCF was 3095.00. The lowest was 70.57. And the median was 399.59.

ROCO:3615's Cyclically Adjusted Price-to-FCF is ranked worse than
76.76% of 951 companies
in the Hardware industry
Industry Median: 30.51 vs ROCO:3615: 73.29

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.

AimCore technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.849. 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$0.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AimCore technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AimCore technology 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.

AimCore technology Co Cyclically Adjusted Price-to-FCF Chart

AimCore technology 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 - - - - 1,951.56

AimCore technology 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 - - 431.64 1,951.56 74.01

Competitive Comparison of AimCore technology Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, AimCore technology 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.


AimCore technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



AimCore technology 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.

AimCore technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.40/0.35
=75.43

* 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.

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

For example, AimCore technology 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)
=0.849/131.7762*131.7762
=0.849

Current CPI (Mar. 2024) = 131.7762.

AimCore technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.570 100.560 -2.057
201409 -0.999 100.428 -1.311
201412 0.901 99.070 1.198
201503 -0.662 99.621 -0.876
201506 -0.595 100.684 -0.779
201509 0.332 100.392 0.436
201512 0.439 99.792 0.580
201603 -0.415 100.470 -0.544
201606 -0.033 101.688 -0.043
201609 -0.221 101.861 -0.286
201612 0.476 101.863 0.616
201703 0.140 102.862 0.179
201706 0.511 103.349 0.652
201709 0.140 104.136 0.177
201712 1.237 104.011 1.567
201803 0.451 105.290 0.564
201806 -0.086 106.317 -0.107
201809 -0.123 106.507 -0.152
201812 0.558 105.998 0.694
201903 0.896 107.251 1.101
201906 0.186 108.070 0.227
201909 0.891 108.329 1.084
201912 0.379 108.420 0.461
202003 0.371 108.902 0.449
202006 0.107 108.767 0.130
202009 -1.254 109.815 -1.505
202012 0.337 109.897 0.404
202103 -0.478 111.754 -0.564
202106 0.478 114.631 0.549
202109 -0.128 115.734 -0.146
202112 0.700 117.630 0.784
202203 -1.357 121.301 -1.474
202206 -0.369 125.017 -0.389
202209 0.041 125.227 0.043
202212 0.640 125.222 0.673
202303 -0.059 127.348 -0.061
202306 -0.064 128.729 -0.066
202309 -0.155 129.860 -0.157
202312 0.567 129.419 0.577
202403 0.849 131.776 0.849

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.


AimCore technology Co  (ROCO:3615) 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.


AimCore technology Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of AimCore technology Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


AimCore technology Co (ROCO:3615) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No 10 Kuangfu N.Road, Hsin Chu Industrial Park, Hsinchu, TWN, 30351
AimCore technology Co Ltd focuses on the manufacture and sale of conductive glass in Taiwan. Its products include touch panel ITO glass, TN/STN LCD ITO glass, black matrix glass, and color filter top ITO glass.

AimCore technology Co (ROCO:3615) Headlines

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