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Aces Electronic Co (TPE:3605) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Aces Electronic Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aces Electronic Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aces Electronic 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.

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Aces Electronic Co Cyclically Adjusted Price-to-FCF Chart

Aces Electronic 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 29.17 37.10 255.18 562.39 -

Aces Electronic 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 - - - - -

Competitive Comparison of Aces Electronic Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Aces Electronic 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.


Aces Electronic Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Aces Electronic 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.

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

For example, Aces Electronic 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)
=-3.334/131.7762*131.7762
=-3.334

Current CPI (Mar. 2024) = 131.7762.

Aces Electronic Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.642 100.560 -0.841
201409 1.458 100.428 1.913
201412 1.598 99.070 2.126
201503 0.272 99.621 0.360
201506 0.080 100.684 0.105
201509 0.260 100.392 0.341
201512 1.194 99.792 1.577
201603 -0.243 100.470 -0.319
201606 -1.244 101.688 -1.612
201609 -0.701 101.861 -0.907
201612 0.646 101.863 0.836
201703 0.054 102.862 0.069
201706 -0.116 103.349 -0.148
201709 0.797 104.136 1.009
201712 0.056 104.011 0.071
201803 -1.360 105.290 -1.702
201806 1.057 106.317 1.310
201809 -0.807 106.507 -0.998
201812 0.813 105.998 1.011
201903 0.376 107.251 0.462
201906 0.018 108.070 0.022
201909 -4.200 108.329 -5.109
201912 1.681 108.420 2.043
202003 0.160 108.902 0.194
202006 0.280 108.767 0.339
202009 -1.072 109.815 -1.286
202012 1.742 109.897 2.089
202103 -1.163 111.754 -1.371
202106 -0.656 114.631 -0.754
202109 -3.477 115.734 -3.959
202112 2.118 117.630 2.373
202203 0.363 121.301 0.394
202206 -1.373 125.017 -1.447
202209 0.837 125.227 0.881
202212 0.314 125.222 0.330
202303 -1.835 127.348 -1.899
202306 -2.390 128.729 -2.447
202309 -1.065 129.860 -1.081
202312 2.786 129.419 2.837
202403 -3.334 131.776 -3.334

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.


Aces Electronic Co  (TPE:3605) 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.


Aces Electronic Co Cyclically Adjusted Price-to-FCF Related Terms

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Aces Electronic Co (TPE:3605) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.13,Dongyuan Road, Zhongli District, Taoyuan, TWN, 32063
Aces Electronic Co Ltd is engaged in the electronic components business sector. The company offers connector solutions for various electronic applications like NB computers, cellular phones, digital cameras, and others. Aces provide shorter product development and production cycles for businesses. Its product portfolio consists of btb conn, card conn, battery conn, universal serial bus conn, power conn, and other. The Company has 4 reporting segments: connector, connector sets, metal stamping segment and other segment. The connector segment is mainly engaging in processing, manufacturing and selling of connectors. The connector sets segment is mainly engaging in manufacturing and sales of consumer electronics, communication peripherals and industrial connectors sets.

Aces Electronic Co (TPE:3605) Headlines

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