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Fitipower Integrated Technology (TPE:4961) Cyclically Adjusted Price-to-FCF : 12.78 (As of Jun. 09, 2024)


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What is Fitipower Integrated Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Fitipower Integrated Technology's current share price is NT$258.00. Fitipower Integrated Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$20.18. Fitipower Integrated Technology's Cyclically Adjusted Price-to-FCF for today is 12.78.

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

TPE:4961' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.06   Med: 12.32   Max: 14.57
Current: 12.78

During the past years, Fitipower Integrated Technology's highest Cyclically Adjusted Price-to-FCF was 14.57. The lowest was 10.06. And the median was 12.32.

TPE:4961's Cyclically Adjusted Price-to-FCF is ranked better than
91.01% of 345 companies
in the Semiconductors industry
Industry Median: 40.14 vs TPE:4961: 12.78

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.

Fitipower Integrated Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.951. 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$20.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fitipower Integrated Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fitipower Integrated 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.

Fitipower Integrated Technology Cyclically Adjusted Price-to-FCF Chart

Fitipower Integrated 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 - - - 8.74 12.67

Fitipower Integrated 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 12.86 11.57 13.76 12.67 13.40

Competitive Comparison of Fitipower Integrated Technology's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Fitipower Integrated 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.


Fitipower Integrated Technology's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Fitipower Integrated Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Fitipower Integrated 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.

Fitipower Integrated Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=258.00/20.18
=12.78

* 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.

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

For example, Fitipower Integrated 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)
=1.951/131.7762*131.7762
=1.951

Current CPI (Mar. 2024) = 131.7762.

Fitipower Integrated Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 0.000 96.819 0.000
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201606 0.000 101.688 0.000
201612 0.000 101.863 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 -2.196 105.290 -2.748
201806 1.514 106.317 1.877
201809 -4.628 106.507 -5.726
201812 2.466 105.998 3.066
201903 -0.051 107.251 -0.063
201906 4.049 108.070 4.937
201909 -2.430 108.329 -2.956
201912 2.987 108.420 3.630
202003 1.543 108.902 1.867
202006 2.175 108.767 2.635
202009 4.632 109.815 5.558
202012 16.421 109.897 19.690
202103 2.677 111.754 3.157
202106 -4.378 114.631 -5.033
202109 7.590 115.734 8.642
202112 23.096 117.630 25.874
202203 5.608 121.301 6.092
202206 6.960 125.017 7.336
202209 11.599 125.227 12.206
202212 16.123 125.222 16.967
202303 2.447 127.348 2.532
202306 -2.457 128.729 -2.515
202309 10.251 129.860 10.402
202312 6.629 129.419 6.750
202403 1.951 131.776 1.951

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.


Fitipower Integrated Technology  (TPE:4961) 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.


Fitipower Integrated Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Fitipower Integrated Technology (TPE:4961) Business Description

Traded in Other Exchanges
N/A
Address
No. 6-8, Duxing Road, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN, 10366
Fitipower Integrated Technology Inc is a power management and liquid crystal display driver IC chip design company. The company is engaged in the design, manufacture, and marketing of digital, analog, and mix signal, and display driver ICs. It offers display driver ICs that are used in digital still cameras, camcorders, car navigators, etc.

Fitipower Integrated Technology (TPE:4961) Headlines

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