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Gigabyte Technology Co (TPE:2376) Cyclically Adjusted Price-to-FCF : 81.59 (As of May. 26, 2024)


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

As of today (2024-05-26), Gigabyte Technology Co's current share price is NT$319.00. Gigabyte Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.91. Gigabyte Technology Co's Cyclically Adjusted Price-to-FCF for today is 81.59.

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

TPE:2376' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.05   Med: 20.82   Max: 82.48
Current: 81.53

During the past years, Gigabyte Technology Co's highest Cyclically Adjusted Price-to-FCF was 82.48. The lowest was 10.05. And the median was 20.82.

TPE:2376's Cyclically Adjusted Price-to-FCF is ranked worse than
79.1% of 933 companies
in the Hardware industry
Industry Median: 30.71 vs TPE:2376: 81.53

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.

Gigabyte Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-23.384. 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$3.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for Gigabyte 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.

Gigabyte Technology Co Cyclically Adjusted Price-to-FCF Chart

Gigabyte 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 12.32 17.60 29.32 17.49 42.32

Gigabyte 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 21.69 43.52 38.58 42.32 80.89

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

For the Computer Hardware subindustry, Gigabyte 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.


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

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

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



Gigabyte 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.

Gigabyte 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
=319.00/3.91
=81.59

* 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.

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

For example, Gigabyte 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)
=-23.384/131.7762*131.7762
=-23.384

Current CPI (Mar. 2024) = 131.7762.

Gigabyte Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.524 100.560 0.687
201409 -0.578 100.428 -0.758
201412 2.624 99.070 3.490
201503 -0.859 99.621 -1.136
201506 4.857 100.684 6.357
201509 0.350 100.392 0.459
201512 0.795 99.792 1.050
201603 -0.185 100.470 -0.243
201606 2.732 101.688 3.540
201609 0.246 101.861 0.318
201612 3.023 101.863 3.911
201703 -1.681 102.862 -2.154
201706 1.622 103.349 2.068
201709 4.103 104.136 5.192
201712 1.392 104.011 1.764
201803 -1.086 105.290 -1.359
201806 -0.999 106.317 -1.238
201809 -3.823 106.507 -4.730
201812 1.201 105.998 1.493
201903 -0.874 107.251 -1.074
201906 3.241 108.070 3.952
201909 2.216 108.329 2.696
201912 0.527 108.420 0.641
202003 -1.875 108.902 -2.269
202006 6.367 108.767 7.714
202009 7.041 109.815 8.449
202012 -0.135 109.897 -0.162
202103 0.564 111.754 0.665
202106 -1.773 114.631 -2.038
202109 -2.690 115.734 -3.063
202112 16.116 117.630 18.054
202203 -8.993 121.301 -9.770
202206 -4.380 125.017 -4.617
202209 9.331 125.227 9.819
202212 11.160 125.222 11.744
202303 1.250 127.348 1.293
202306 -1.820 128.729 -1.863
202309 13.979 129.860 14.185
202312 -10.369 129.419 -10.558
202403 -23.384 131.776 -23.384

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.


Gigabyte Technology Co  (TPE:2376) 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.


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

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


Gigabyte Technology Co (TPE:2376) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No 6, Baoqiang Road, Xindian District, New Taipei City, TWN, 231
Gigabyte Technology Co Ltd is a Taiwan-based manufacturer and distributor of computer hardware products. Its products include motherboards for third-party platforms and servers, graphics cards, notebooks, desktop computers, ultrabooks, tablets, mobile phones, server racks, networking equipment, optical drives, computer monitors, keyboards, cooling components, computer cases, and power supplies.

Gigabyte Technology Co (TPE:2376) Headlines

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