GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Apacer Technology Inc (TPE:8271) » Definitions » Cyclically Adjusted Price-to-FCF

Apacer Technology (TPE:8271) Cyclically Adjusted Price-to-FCF : 15.60 (As of Jun. 06, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Apacer Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Apacer Technology's current share price is NT$67.40. Apacer Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.32. Apacer Technology's Cyclically Adjusted Price-to-FCF for today is 15.60.

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

TPE:8271' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.9   Med: 11.89   Max: 20.24
Current: 15.55

During the past years, Apacer Technology's highest Cyclically Adjusted Price-to-FCF was 20.24. The lowest was 8.90. And the median was 11.89.

TPE:8271's Cyclically Adjusted Price-to-FCF is ranked better than
82.9% of 345 companies
in the Semiconductors industry
Industry Median: 39.92 vs TPE:8271: 15.55

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.

Apacer Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-5.821. 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$4.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apacer Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Apacer 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.

Apacer Technology Cyclically Adjusted Price-to-FCF Chart

Apacer 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 11.76 11.20 19.30 10.56 13.71

Apacer 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 10.31 11.91 10.44 13.71 16.20

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

For the Semiconductors subindustry, Apacer 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.


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

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

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



Apacer 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=67.40/4.32
=15.60

* 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.

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

For example, Apacer 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)
=-5.821/131.7762*131.7762
=-5.821

Current CPI (Mar. 2024) = 131.7762.

Apacer Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.101 100.560 0.132
201409 0.293 100.428 0.384
201412 3.650 99.070 4.855
201503 2.530 99.621 3.347
201506 0.815 100.684 1.067
201509 0.315 100.392 0.413
201512 0.752 99.792 0.993
201603 0.926 100.470 1.215
201606 -1.410 101.688 -1.827
201609 -0.078 101.861 -0.101
201612 0.889 101.863 1.150
201703 -5.024 102.862 -6.436
201706 0.016 103.349 0.020
201709 -0.276 104.136 -0.349
201712 5.024 104.011 6.365
201803 3.428 105.290 4.290
201806 -1.373 106.317 -1.702
201809 -0.123 106.507 -0.152
201812 5.385 105.998 6.695
201903 2.478 107.251 3.045
201906 3.850 108.070 4.695
201909 -0.436 108.329 -0.530
201912 2.621 108.420 3.186
202003 -3.804 108.902 -4.603
202006 1.497 108.767 1.814
202009 2.617 109.815 3.140
202012 2.614 109.897 3.134
202103 -8.781 111.754 -10.354
202106 -2.026 114.631 -2.329
202109 3.770 115.734 4.293
202112 3.554 117.630 3.981
202203 -2.519 121.301 -2.737
202206 5.586 125.017 5.888
202209 6.171 125.227 6.494
202212 6.372 125.222 6.706
202303 0.567 127.348 0.587
202306 0.515 128.729 0.527
202309 1.501 129.860 1.523
202312 0.205 129.419 0.209
202403 -5.821 131.776 -5.821

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.


Apacer Technology  (TPE:8271) 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.


Apacer Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Apacer Technology (TPE:8271) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 32, Zhongcheng Raod, 1st Floor, Tucheng District, New Taipei, TWN, 236
Apacer Technology Inc is engaged in the research and development, design, manufacturing, processing, maintenance and sales of memory modules and storage memory devices. Its products include Industrial Solutions, Industrial IOT and Optical Application Solutions and Consumer Products.

Apacer Technology (TPE:8271) Headlines

No Headlines