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Synnex Technology International (TPE:2347) Cyclically Adjusted Price-to-FCF : 35.64 (As of May. 26, 2024)


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What is Synnex Technology International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Synnex Technology International's current share price is NT$83.40. Synnex Technology International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.34. Synnex Technology International's Cyclically Adjusted Price-to-FCF for today is 35.64.

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

TPE:2347' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.64   Med: 37.36   Max: 204.67
Current: 35.68

During the past years, Synnex Technology International's highest Cyclically Adjusted Price-to-FCF was 204.67. The lowest was 19.64. And the median was 37.36.

TPE:2347's Cyclically Adjusted Price-to-FCF is ranked worse than
56.81% of 933 companies
in the Hardware industry
Industry Median: 30.71 vs TPE:2347: 35.68

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.

Synnex Technology International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$13.753. 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$2.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synnex Technology International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Synnex Technology International'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.

Synnex Technology International Cyclically Adjusted Price-to-FCF Chart

Synnex Technology International 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 33.50 61.23 103.89 - 90.96

Synnex Technology International 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 58.42 34.46 28.26 90.96 33.11

Competitive Comparison of Synnex Technology International's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, Synnex Technology International'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.


Synnex Technology International's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Synnex Technology International 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.

Synnex Technology International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=83.40/2.34
=35.64

* 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.

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

For example, Synnex Technology International'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)
=13.753/131.7762*131.7762
=13.753

Current CPI (Mar. 2024) = 131.7762.

Synnex Technology International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.499 100.560 -0.654
201409 3.494 100.428 4.585
201412 0.725 99.070 0.964
201503 2.797 99.621 3.700
201506 -1.285 100.684 -1.682
201509 -2.700 100.392 -3.544
201512 -2.280 99.792 -3.011
201603 3.476 100.470 4.559
201606 2.880 101.688 3.732
201609 0.772 101.861 0.999
201612 -2.547 101.863 -3.295
201703 3.902 102.862 4.999
201706 -4.358 103.349 -5.557
201709 6.463 104.136 8.178
201712 -4.716 104.011 -5.975
201803 4.808 105.290 6.018
201806 -6.338 106.317 -7.856
201809 0.376 106.507 0.465
201812 0.478 105.998 0.594
201903 6.204 107.251 7.623
201906 1.200 108.070 1.463
201909 5.237 108.329 6.370
201912 -1.582 108.420 -1.923
202003 4.445 108.902 5.379
202006 -1.422 108.767 -1.723
202009 2.567 109.815 3.080
202012 -9.025 109.897 -10.822
202103 5.964 111.754 7.033
202106 -3.647 114.631 -4.192
202109 1.081 115.734 1.231
202112 -9.624 117.630 -10.781
202203 0.783 121.301 0.851
202206 -7.032 125.017 -7.412
202209 0.871 125.227 0.917
202212 -3.882 125.222 -4.085
202303 12.066 127.348 12.486
202306 1.721 128.729 1.762
202309 5.239 129.860 5.316
202312 -9.986 129.419 -10.168
202403 13.753 131.776 13.753

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.


Synnex Technology International  (TPE:2347) 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.


Synnex Technology International Cyclically Adjusted Price-to-FCF Related Terms

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Synnex Technology International (TPE:2347) Business Description

Traded in Other Exchanges
N/A
Address
No. 75, Mingshen East Road, 4th Floor, Section 3, Taipei, TWN
Synnex Technology International Corp is a Taiwan-based company engaged in the sale of computers and related parts, communication products, consumer electronic products, electronic components, warehouse and logistics services, and maintenance and technical services. The majority of the company's revenue is generated from the distribution industry and is mainly engaged in the sale of 3C and semiconductor products. The company operates in Taiwan, Hong Kong, China, Australia, New Zealand, and Indonesia, out of which China and Hongkong is the key source of revenue.

Synnex Technology International (TPE:2347) Headlines

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