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Compal Electronics (TPE:2324) Cyclically Adjusted Price-to-FCF : 25.97 (As of Jun. 08, 2024)


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What is Compal Electronics Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Compal Electronics's current share price is NT$36.10. Compal Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.39. Compal Electronics's Cyclically Adjusted Price-to-FCF for today is 25.97.

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

TPE:2324' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.49   Med: 39.02   Max: 181.67
Current: 26.64

During the past years, Compal Electronics's highest Cyclically Adjusted Price-to-FCF was 181.67. The lowest was 18.49. And the median was 39.02.

TPE:2324's Cyclically Adjusted Price-to-FCF is ranked better than
55.18% of 966 companies
in the Hardware industry
Industry Median: 30.465 vs TPE:2324: 26.64

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.

Compal Electronics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.403. 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$1.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Compal Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Compal Electronics'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.

Compal Electronics Cyclically Adjusted Price-to-FCF Chart

Compal Electronics 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 23.39 37.00 - 34.71 29.25

Compal Electronics 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 33.39 81.88 60.26 29.25 25.99

Competitive Comparison of Compal Electronics's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Compal Electronics'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.


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

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

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



Compal Electronics 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.

Compal Electronics's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=36.10/1.39
=25.97

* 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.

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

For example, Compal Electronics'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)
=1.403/131.7762*131.7762
=1.403

Current CPI (Mar. 2024) = 131.7762.

Compal Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.170 100.560 2.844
201409 1.481 100.428 1.943
201412 1.507 99.070 2.005
201503 -0.212 99.621 -0.280
201506 -1.821 100.684 -2.383
201509 -0.992 100.392 -1.302
201512 3.786 99.792 4.999
201603 3.543 100.470 4.647
201606 -5.677 101.688 -7.357
201609 -2.649 101.861 -3.427
201612 3.964 101.863 5.128
201703 0.481 102.862 0.616
201706 3.029 103.349 3.862
201709 -2.928 104.136 -3.705
201712 -2.182 104.011 -2.764
201803 -0.374 105.290 -0.468
201806 -2.951 106.317 -3.658
201809 -3.944 106.507 -4.880
201812 2.439 105.998 3.032
201903 1.357 107.251 1.667
201906 -3.530 108.070 -4.304
201909 1.116 108.329 1.358
201912 4.256 108.420 5.173
202003 4.297 108.902 5.200
202006 -6.937 108.767 -8.404
202009 6.938 109.815 8.325
202012 -2.709 109.897 -3.248
202103 0.618 111.754 0.729
202106 -3.280 114.631 -3.771
202109 -5.030 115.734 -5.727
202112 -0.605 117.630 -0.678
202203 1.367 121.301 1.485
202206 3.606 125.017 3.801
202209 -1.861 125.227 -1.958
202212 8.413 125.222 8.853
202303 1.821 127.348 1.884
202306 -4.298 128.729 -4.400
202309 3.367 129.860 3.417
202312 4.178 129.419 4.254
202403 1.403 131.776 1.403

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.


Compal Electronics  (TPE:2324) 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.


Compal Electronics Cyclically Adjusted Price-to-FCF Related Terms

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


Compal Electronics (TPE:2324) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 581 and No. 581-1, Ruiguang Road, Neihu District, Taipei, TWN, 11492
Compal Electronics Inc is a Taiwan-based original design manufacturer that produces notebook computers, monitors, and televisions for equipment manufacturers. The firm's operations are organized in two reportable segment Information technology products and strategy integrate product segment. The majority of the firm's revenue is generated from the United States, with the rest coming from China, Netherlands, United Kingdom, and Others.

Compal Electronics (TPE:2324) Headlines

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