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Hsin Sin Textile Co (ROCO:4406) Cyclically Adjusted FCF per Share : NT$-0.33 (As of Mar. 2024)


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What is Hsin Sin Textile Co 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.

Hsin Sin Textile Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.374. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-0.33 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -5.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Hsin Sin Textile Co was 12.20% per year. The lowest was -5.00% per year. And the median was 3.60% per year.

As of today (2024-06-02), Hsin Sin Textile Co's current stock price is NT$10.65. Hsin Sin Textile Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-0.33. Hsin Sin Textile Co's Cyclically Adjusted Price-to-FCF of today is .


Hsin Sin Textile Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hsin Sin Textile Co'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.

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Hsin Sin Textile Co Cyclically Adjusted FCF per Share Chart

Hsin Sin Textile Co 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 -0.31 -0.38 -0.22 -0.21 -0.44

Hsin Sin Textile 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 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 -0.35 -0.22 -0.41 -0.44 -0.33

Competitive Comparison of Hsin Sin Textile Co's Cyclically Adjusted FCF per Share

For the Textile Manufacturing subindustry, Hsin Sin Textile 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.


Hsin Sin Textile Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hsin Sin Textile Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hsin Sin Textile Co's Cyclically Adjusted Price-to-FCF falls into.



Hsin Sin Textile Co 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, Hsin Sin Textile 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)
=0.374/131.7762*131.7762
=0.374

Current CPI (Mar. 2024) = 131.7762.

Hsin Sin Textile Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.145 100.560 0.190
201409 0.289 100.428 0.379
201412 -0.764 99.070 -1.016
201503 0.526 99.621 0.696
201506 -0.141 100.684 -0.185
201509 -0.406 100.392 -0.533
201512 0.406 99.792 0.536
201603 -0.207 100.470 -0.271
201606 0.554 101.688 0.718
201609 0.227 101.861 0.294
201612 -0.330 101.863 -0.427
201703 -0.364 102.862 -0.466
201706 -0.293 103.349 -0.374
201709 -0.369 104.136 -0.467
201712 -0.287 104.011 -0.364
201803 -0.074 105.290 -0.093
201806 -0.065 106.317 -0.081
201809 -0.801 106.507 -0.991
201812 1.016 105.998 1.263
201903 -0.205 107.251 -0.252
201906 -0.433 108.070 -0.528
201909 0.170 108.329 0.207
201912 0.264 108.420 0.321
202003 0.155 108.902 0.188
202006 0.056 108.767 0.068
202009 -0.194 109.815 -0.233
202012 -0.208 109.897 -0.249
202103 -0.127 111.754 -0.150
202106 -0.436 114.631 -0.501
202109 -0.218 115.734 -0.248
202112 0.461 117.630 0.516
202203 0.150 121.301 0.163
202206 0.315 125.017 0.332
202209 -0.178 125.227 -0.187
202212 0.739 125.222 0.778
202303 -0.797 127.348 -0.825
202306 0.485 128.729 0.496
202309 -1.570 129.860 -1.593
202312 -0.767 129.419 -0.781
202403 0.374 131.776 0.374

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


Hsin Sin Textile Co  (ROCO:4406) 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.


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.


Hsin Sin Textile Co Cyclically Adjusted FCF per Share Related Terms

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


Hsin Sin Textile Co (ROCO:4406) Business Description

Traded in Other Exchanges
N/A
Address
Room 4,10th Floor, No. 289, Chang-AN W. Road, Taipei, TWN
Hsin Sin Textile Co Ltd manufactures textile products. Its product portfolio comprises of Wooly Stretch Yarn, High Count Yarn, Colour Textured Yarn, Soft Package Microfiber, Non-Torque Yarn and Thick and Thin Yarn.

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