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Hong Tai Electric Industrial Co (TPE:1612) Cyclically Adjusted Price-to-FCF : 135.89 (As of Jun. 06, 2024)


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What is Hong Tai Electric Industrial Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Hong Tai Electric Industrial Co's current share price is NT$38.05. Hong Tai Electric Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.28. Hong Tai Electric Industrial Co's Cyclically Adjusted Price-to-FCF for today is 135.89.

The historical rank and industry rank for Hong Tai Electric Industrial Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:1612' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 34.33   Med: 133.21   Max: 665
Current: 135.92

During the past years, Hong Tai Electric Industrial Co's highest Cyclically Adjusted Price-to-FCF was 665.00. The lowest was 34.33. And the median was 133.21.

TPE:1612's Cyclically Adjusted Price-to-FCF is ranked worse than
85.94% of 1031 companies
in the Industrial Products industry
Industry Median: 32.99 vs TPE:1612: 135.92

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.

Hong Tai Electric Industrial Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.934. 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$0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hong Tai Electric Industrial Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hong Tai Electric Industrial 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.

Hong Tai Electric Industrial Co Cyclically Adjusted Price-to-FCF Chart

Hong Tai Electric Industrial 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 81.85 201.50 192.11 87.17 137.23

Hong Tai Electric Industrial 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 127.11 265.36 222.04 137.23 109.77

Competitive Comparison of Hong Tai Electric Industrial Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Hong Tai Electric Industrial 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.


Hong Tai Electric Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hong Tai Electric Industrial Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hong Tai Electric Industrial Co's Cyclically Adjusted Price-to-FCF falls into.



Hong Tai Electric Industrial 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.

Hong Tai Electric Industrial Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=38.05/0.28
=135.89

* 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.

Hong Tai Electric Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hong Tai Electric Industrial 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)
=0.934/131.7762*131.7762
=0.934

Current CPI (Mar. 2024) = 131.7762.

Hong Tai Electric Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.052 100.560 0.068
201409 -0.133 100.428 -0.175
201412 0.213 99.070 0.283
201503 0.171 99.621 0.226
201506 0.117 100.684 0.153
201509 0.153 100.392 0.201
201512 0.486 99.792 0.642
201603 -0.277 100.470 -0.363
201606 -0.228 101.688 -0.295
201609 0.163 101.861 0.211
201612 0.202 101.863 0.261
201703 -0.246 102.862 -0.315
201706 -0.313 103.349 -0.399
201709 0.084 104.136 0.106
201712 -0.237 104.011 -0.300
201803 -0.705 105.290 -0.882
201806 -0.604 106.317 -0.749
201809 0.841 106.507 1.041
201812 0.296 105.998 0.368
201903 -0.195 107.251 -0.240
201906 -0.822 108.070 -1.002
201909 -0.217 108.329 -0.264
201912 0.242 108.420 0.294
202003 -0.739 108.902 -0.894
202006 1.120 108.767 1.357
202009 0.479 109.815 0.575
202012 -0.001 109.897 -0.001
202103 -0.582 111.754 -0.686
202106 -0.966 114.631 -1.110
202109 -0.403 115.734 -0.459
202112 1.767 117.630 1.980
202203 -0.692 121.301 -0.752
202206 -0.032 125.017 -0.034
202209 -0.116 125.227 -0.122
202212 2.235 125.222 2.352
202303 -0.368 127.348 -0.381
202306 -0.139 128.729 -0.142
202309 0.505 129.860 0.512
202312 0.798 129.419 0.813
202403 0.934 131.776 0.934

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.


Hong Tai Electric Industrial Co  (TPE:1612) 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.


Hong Tai Electric Industrial Co Cyclically Adjusted Price-to-FCF Related Terms

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Hong Tai Electric Industrial Co (TPE:1612) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Guojian 1st Rd, Guanyin District, Taoyuan, TWN
Hong Tai Electric Industrial Co Ltd manufactures & distributes electric wires & cables. It provides cross-linked polyethylene power cables, communication wires & cables, copper-clad laminates, insulation materials, & photovoltaics among others. The Group is organized into business units based on their products and services and has three reportable operating departments as follows A Dept, B Dept, and other Operating Dept. The majority of revenue comes from B Dept.

Hong Tai Electric Industrial Co (TPE:1612) Headlines

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