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Aker Technology Co (ROCO:6174) Cyclically Adjusted Price-to-FCF : 23.96 (As of Jun. 12, 2024)


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What is Aker Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-12), Aker Technology Co's current share price is NT$21.80. Aker Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.91. Aker Technology Co's Cyclically Adjusted Price-to-FCF for today is 23.96.

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

ROCO:6174' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.84   Med: 21.8   Max: 33.1
Current: 24.97

During the past years, Aker Technology Co's highest Cyclically Adjusted Price-to-FCF was 33.10. The lowest was 10.84. And the median was 21.80.

ROCO:6174's Cyclically Adjusted Price-to-FCF is ranked better than
56.79% of 965 companies
in the Hardware industry
Industry Median: 29.78 vs ROCO:6174: 24.97

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.

Aker Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.256. 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$0.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aker 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.

Aker Technology Co Cyclically Adjusted Price-to-FCF Chart

Aker 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 16.40 11.55 30.93 21.50 22.26

Aker 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 26.49 23.27 22.19 22.26 24.97

Competitive Comparison of Aker Technology Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Aker 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.


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

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

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



Aker 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.

Aker 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
=21.80/0.91
=23.96

* 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.

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

For example, Aker 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)
=-0.256/131.7762*131.7762
=-0.256

Current CPI (Mar. 2024) = 131.7762.

Aker Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.730 100.560 0.957
201409 0.580 100.428 0.761
201412 0.872 99.070 1.160
201503 0.269 99.621 0.356
201506 0.328 100.684 0.429
201509 0.429 100.392 0.563
201512 0.516 99.792 0.681
201603 0.083 100.470 0.109
201606 -0.089 101.688 -0.115
201609 -0.868 101.861 -1.123
201612 0.578 101.863 0.748
201703 0.084 102.862 0.108
201706 -0.051 103.349 -0.065
201709 0.268 104.136 0.339
201712 0.183 104.011 0.232
201803 0.263 105.290 0.329
201806 0.137 106.317 0.170
201809 0.669 106.507 0.828
201812 0.874 105.998 1.087
201903 -0.695 107.251 -0.854
201906 0.436 108.070 0.532
201909 0.148 108.329 0.180
201912 0.178 108.420 0.216
202003 -0.045 108.902 -0.054
202006 0.180 108.767 0.218
202009 0.005 109.815 0.006
202012 0.155 109.897 0.186
202103 -0.103 111.754 -0.121
202106 0.080 114.631 0.092
202109 -0.704 115.734 -0.802
202112 -0.278 117.630 -0.311
202203 0.017 121.301 0.018
202206 0.547 125.017 0.577
202209 0.882 125.227 0.928
202212 0.845 125.222 0.889
202303 -0.158 127.348 -0.163
202306 0.262 128.729 0.268
202309 -0.375 129.860 -0.381
202312 0.325 129.419 0.331
202403 -0.256 131.776 -0.256

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.


Aker Technology Co  (ROCO:6174) 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.


Aker Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Aker Technology Co (ROCO:6174) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11-3 Chien-kao Road, T.E.P.Z, Taichung, TWN, 427
Aker Technology Co Ltd is engaged in the manufacture and sale of frequency control products. It offers quartz crystals, quartz oscillators, and VCXO products for applications in communication, automotive and other industries, among others.

Aker Technology Co (ROCO:6174) Headlines

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