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Hua Eng Wire & Cable Co (TPE:1608) Cyclically Adjusted Price-to-FCF : 152.69 (As of Jun. 09, 2024)


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What is Hua Eng Wire & Cable Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Hua Eng Wire & Cable Co's current share price is NT$39.70. Hua Eng Wire & Cable Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.26. Hua Eng Wire & Cable Co's Cyclically Adjusted Price-to-FCF for today is 152.69.

The historical rank and industry rank for Hua Eng Wire & Cable Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:1608' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.87   Med: 27.5   Max: 250
Current: 152.78

During the past years, Hua Eng Wire & Cable Co's highest Cyclically Adjusted Price-to-FCF was 250.00. The lowest was 8.87. And the median was 27.50.

TPE:1608's Cyclically Adjusted Price-to-FCF is ranked worse than
87.21% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs TPE:1608: 152.78

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.

Hua Eng Wire & Cable Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.286. 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$0.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hua Eng Wire & Cable Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hua Eng Wire & Cable 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.

* Premium members only.

Hua Eng Wire & Cable Co Cyclically Adjusted Price-to-FCF Chart

Hua Eng Wire & Cable 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 13.20 16.66 29.43 58.32 176.05

Hua Eng Wire & Cable 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 65.89 83.44 180.60 176.05 115.45

Competitive Comparison of Hua Eng Wire & Cable Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Hua Eng Wire & Cable 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.


Hua Eng Wire & Cable Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hua Eng Wire & Cable Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hua Eng Wire & Cable Co's Cyclically Adjusted Price-to-FCF falls into.



Hua Eng Wire & Cable 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.

Hua Eng Wire & Cable Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39.70/0.26
=152.69

* 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.

Hua Eng Wire & Cable Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hua Eng Wire & Cable 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)
=0.286/131.7762*131.7762
=0.286

Current CPI (Mar. 2024) = 131.7762.

Hua Eng Wire & Cable Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.272 100.560 -0.356
201409 0.371 100.428 0.487
201412 -0.469 99.070 -0.624
201503 0.055 99.621 0.073
201506 -0.256 100.684 -0.335
201509 0.263 100.392 0.345
201512 0.674 99.792 0.890
201603 -0.063 100.470 -0.083
201606 -0.032 101.688 -0.041
201609 0.601 101.861 0.778
201612 -0.368 101.863 -0.476
201703 -0.726 102.862 -0.930
201706 0.823 103.349 1.049
201709 -0.100 104.136 -0.127
201712 -1.599 104.011 -2.026
201803 0.636 105.290 0.796
201806 0.311 106.317 0.385
201809 1.211 106.507 1.498
201812 0.638 105.998 0.793
201903 -0.596 107.251 -0.732
201906 -0.391 108.070 -0.477
201909 0.594 108.329 0.723
201912 0.007 108.420 0.009
202003 -1.005 108.902 -1.216
202006 0.810 108.767 0.981
202009 0.639 109.815 0.767
202012 0.106 109.897 0.127
202103 -0.231 111.754 -0.272
202106 -0.126 114.631 -0.145
202109 -0.357 115.734 -0.406
202112 -0.073 117.630 -0.082
202203 -0.220 121.301 -0.239
202206 -0.731 125.017 -0.771
202209 0.401 125.227 0.422
202212 -0.360 125.222 -0.379
202303 0.498 127.348 0.515
202306 0.491 128.729 0.503
202309 0.068 129.860 0.069
202312 0.805 129.419 0.820
202403 0.286 131.776 0.286

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.


Hua Eng Wire & Cable Co  (TPE:1608) 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.


Hua Eng Wire & Cable Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Hua Eng Wire & Cable Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Hua Eng Wire & Cable Co (TPE:1608) Business Description

Traded in Other Exchanges
N/A
Address
No. 170, Chung Cheng 4th Road, Kaohsiung, TWN
Hua Eng Wire & Cable Co Ltd is engaged in the processing, manufacture, sale and construction of wire, cable and copper products. The company has three reportable segments: Wire segment, Cable segment and Copper segment. Wire segment produces products such as oxygen free copper wire; Cable segment produces power cable, communication cable and optical fiber cable; Copper Segment produces copper plate.

Hua Eng Wire & Cable Co (TPE:1608) Headlines

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