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G M I Technology (TPE:3312) Cyclically Adjusted Price-to-FCF : 51.42 (As of Jun. 12, 2024)


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What is G M I Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-06-12), G M I Technology's current share price is NT$68.90. G M I Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.34. G M I Technology's Cyclically Adjusted Price-to-FCF for today is 51.42.

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

TPE:3312' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.92   Med: 79.81   Max: 2592.52
Current: 49.83

During the past years, G M I Technology's highest Cyclically Adjusted Price-to-FCF was 2592.52. The lowest was 23.92. And the median was 79.81.

TPE:3312's Cyclically Adjusted Price-to-FCF is ranked worse than
69.33% of 965 companies
in the Hardware industry
Industry Median: 29.78 vs TPE:3312: 49.83

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.

G M I Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.151. 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$1.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


G M I Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for G M I Technology'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.

G M I Technology Cyclically Adjusted Price-to-FCF Chart

G M I Technology 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 - 78.92 - - 22.55

G M I Technology 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 - 83.97 103.37 22.55 32.63

Competitive Comparison of G M I Technology's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, G M I Technology'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.


G M I Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where G M I Technology's Cyclically Adjusted Price-to-FCF falls into.



G M I Technology 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.

G M I Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=68.90/1.34
=51.42

* 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.

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

For example, G M I Technology'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)
=-0.151/131.7762*131.7762
=-0.151

Current CPI (Mar. 2024) = 131.7762.

G M I Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3.899 100.560 -5.109
201409 -1.121 100.428 -1.471
201412 -2.547 99.070 -3.388
201503 1.548 99.621 2.048
201506 -0.572 100.684 -0.749
201509 3.308 100.392 4.342
201512 5.313 99.792 7.016
201603 1.781 100.470 2.336
201606 -0.237 101.688 -0.307
201609 0.151 101.861 0.195
201612 -0.133 101.863 -0.172
201703 1.940 102.862 2.485
201706 -0.573 103.349 -0.731
201709 0.702 104.136 0.888
201712 -0.789 104.011 -1.000
201803 0.207 105.290 0.259
201806 0.306 106.317 0.379
201809 -1.249 106.507 -1.545
201812 1.712 105.998 2.128
201903 -0.661 107.251 -0.812
201906 0.998 108.070 1.217
201909 -0.769 108.329 -0.935
201912 -2.092 108.420 -2.543
202003 1.425 108.902 1.724
202006 3.029 108.767 3.670
202009 1.512 109.815 1.814
202012 0.843 109.897 1.011
202103 -1.683 111.754 -1.985
202106 -4.399 114.631 -5.057
202109 2.995 115.734 3.410
202112 0.047 117.630 0.053
202203 -1.908 121.301 -2.073
202206 0.163 125.017 0.172
202209 -2.272 125.227 -2.391
202212 -0.547 125.222 -0.576
202303 4.334 127.348 4.485
202306 4.229 128.729 4.329
202309 -0.777 129.860 -0.788
202312 1.223 129.419 1.245
202403 -0.151 131.776 -0.151

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.


G M I Technology  (TPE:3312) 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.


G M I Technology Cyclically Adjusted Price-to-FCF Related Terms

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


G M I Technology (TPE:3312) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 57, Xingzhong Road, 2nd Floor, Neihu District, Taipei, TWN, 114
G M I Technology Inc is an electronics component distributor and application solutions provider in Taiwan. Its products include consumer electronics, home appliances, information technology, and networking, data and telecommunications, industrial, and power solutions. The company generates maximum revenue from Digital Communication Solutions and Components. Geographically, it derives a majority of its revenue from China.

G M I Technology (TPE:3312) Headlines

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