GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Voltronic Power Technology Corp (TPE:6409) » Definitions » Cyclically Adjusted FCF per Share

Voltronic Power Technology (TPE:6409) Cyclically Adjusted FCF per Share : NT$28.54 (As of Jun. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Voltronic Power Technology Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Voltronic Power Technology's adjusted free cash flow per share for the three months ended in Jun. 2024 was NT$16.418. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$28.54 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Voltronic Power Technology's average Cyclically Adjusted FCF Growth Rate was 17.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-09-20), Voltronic Power Technology's current stock price is NT$2180.00. Voltronic Power Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was NT$28.54. Voltronic Power Technology's Cyclically Adjusted Price-to-FCF of today is 76.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Voltronic Power Technology was 105.33. The lowest was 51.99. And the median was 76.98.


Voltronic Power Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Voltronic Power Technology's Cyclically Adjusted FCF per Share 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.

Voltronic Power Technology Cyclically Adjusted FCF per Share Chart

Voltronic Power Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 17.51 21.37 25.68

Voltronic Power Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted FCF per Share 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 24.24 24.70 25.68 27.19 28.54

Competitive Comparison of Voltronic Power Technology's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, Voltronic Power 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.


Voltronic Power Technology's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Voltronic Power Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Voltronic Power Technology Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Voltronic Power Technology's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=16.418/132.5538*132.5538
=16.418

Current CPI (Jun. 2024) = 132.5538.

Voltronic Power Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -3.574 100.428 -4.717
201412 3.585 99.070 4.797
201503 3.899 99.621 5.188
201506 4.551 100.684 5.992
201509 3.228 100.392 4.262
201512 2.887 99.792 3.835
201603 3.933 100.470 5.189
201606 4.690 101.688 6.114
201609 0.732 101.861 0.953
201612 4.278 101.863 5.567
201703 5.341 102.862 6.883
201706 3.230 103.349 4.143
201709 3.255 104.136 4.143
201712 4.737 104.011 6.037
201803 0.364 105.290 0.458
201806 3.794 106.317 4.730
201809 3.617 106.507 4.502
201812 5.634 105.998 7.045
201903 4.633 107.251 5.726
201906 8.125 108.070 9.966
201909 6.941 108.329 8.493
201912 9.712 108.420 11.874
202003 3.232 108.902 3.934
202006 6.479 108.767 7.896
202009 9.208 109.815 11.115
202012 6.495 109.897 7.834
202103 2.504 111.754 2.970
202106 0.622 114.631 0.719
202109 5.631 115.734 6.449
202112 11.386 117.630 12.831
202203 -7.666 121.301 -8.377
202206 16.272 125.017 17.253
202209 13.543 125.227 14.335
202212 19.413 125.222 20.550
202303 9.469 127.348 9.856
202306 15.393 128.729 15.850
202309 7.361 129.860 7.514
202312 12.163 129.419 12.458
202403 14.558 131.776 14.644
202406 16.418 132.554 16.418

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Voltronic Power Technology  (TPE:6409) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Voltronic Power Technology's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2180.00/28.54
=76.38

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Voltronic Power Technology was 105.33. The lowest was 51.99. And the median was 76.98.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Voltronic Power Technology Cyclically Adjusted FCF per Share Related Terms

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


Voltronic Power Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 406, Xinhu 1st Road, Neihu District, Taipei, TWN
Voltronic Power Technology Corp is a Taiwan-based company that manufactures and distributes uninterruptible power supplies (UPSs), photovoltaic products, and electronic materials. Voltronic's product portfolio includes solar power pump inverters, off-grid inverters, standby UPSs, online and off-line UPSs, line interactive UPSs, automatic voltage regulators (AVRs), bypass switches, simple network management protocol cards, modbus cards, and rack towers. The firm has four manufacturing facilities in China and Taiwan.

Voltronic Power Technology Headlines

No Headlines