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Shin Zu Shing Co (TPE:3376) Cyclically Adjusted Price-to-FCF : 24.75 (As of May. 26, 2024)


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What is Shin Zu Shing Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Shin Zu Shing Co's current share price is NT$199.00. Shin Zu Shing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$8.04. Shin Zu Shing Co's Cyclically Adjusted Price-to-FCF for today is 24.75.

The historical rank and industry rank for Shin Zu Shing Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:3376' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.88   Med: 18.79   Max: 33.16
Current: 24.75

During the past years, Shin Zu Shing Co's highest Cyclically Adjusted Price-to-FCF was 33.16. The lowest was 9.88. And the median was 18.79.

TPE:3376's Cyclically Adjusted Price-to-FCF is ranked better than
65.49% of 1017 companies
in the Industrial Products industry
Industry Median: 33.45 vs TPE:3376: 24.75

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.

Shin Zu Shing Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.106. 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$8.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin Zu Shing Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shin Zu Shing 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.

Shin Zu Shing Co Cyclically Adjusted Price-to-FCF Chart

Shin Zu Shing 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 25.56 23.98 14.92 10.89 15.22

Shin Zu Shing 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 11.03 11.20 9.88 15.22 23.01

Competitive Comparison of Shin Zu Shing Co's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Shin Zu Shing 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.


Shin Zu Shing Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shin Zu Shing Co's Cyclically Adjusted Price-to-FCF falls into.



Shin Zu Shing 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.

Shin Zu Shing Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=199.00/8.04
=24.75

* 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.

Shin Zu Shing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shin Zu Shing 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)
=0.106/131.7762*131.7762
=0.106

Current CPI (Mar. 2024) = 131.7762.

Shin Zu Shing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.562 100.560 2.047
201409 0.890 100.428 1.168
201412 0.038 99.070 0.051
201503 1.898 99.621 2.511
201506 2.147 100.684 2.810
201509 1.920 100.392 2.520
201512 3.872 99.792 5.113
201603 1.036 100.470 1.359
201606 3.345 101.688 4.335
201609 -4.847 101.861 -6.270
201612 -1.594 101.863 -2.062
201703 0.394 102.862 0.505
201706 1.205 103.349 1.536
201709 0.865 104.136 1.095
201712 2.464 104.011 3.122
201803 3.091 105.290 3.869
201806 1.194 106.317 1.480
201809 0.391 106.507 0.484
201812 3.071 105.998 3.818
201903 2.331 107.251 2.864
201906 1.566 108.070 1.910
201909 2.273 108.329 2.765
201912 1.927 108.420 2.342
202003 0.632 108.902 0.765
202006 0.969 108.767 1.174
202009 2.896 109.815 3.475
202012 4.677 109.897 5.608
202103 3.455 111.754 4.074
202106 1.770 114.631 2.035
202109 3.921 115.734 4.464
202112 0.996 117.630 1.116
202203 0.328 121.301 0.356
202206 3.142 125.017 3.312
202209 -0.702 125.227 -0.739
202212 4.234 125.222 4.456
202303 5.761 127.348 5.961
202306 2.035 128.729 2.083
202309 0.107 129.860 0.109
202312 2.631 129.419 2.679
202403 0.106 131.776 0.106

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.


Shin Zu Shing Co  (TPE:3376) 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.


Shin Zu Shing Co Cyclically Adjusted Price-to-FCF Related Terms

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Shin Zu Shing Co (TPE:3376) Business Description

Traded in Other Exchanges
N/A
Address
174 Chiun Eng. Street, Su Lin District, Taipei, TWN
Shin Zu Shing Co Ltd makes springs, stamped parts, and hinges for communication, computer, and consumer products. It produces various types of springs, and use automated machines to design stronger, longer-lasting, and high-quality components. Research and development enhances design, improves molding techniques, and creates innovative measurement strategies to produce durable products. A fabrication process produces hinges for laptops, monitors, cameras, cellphones, and other technology components. The company's sensor-control systems maintain accurate specifications, critical wire length, and angular relationships to create the end products. Customer feedback provides Shin Zu Shing the opportunity to tweak quality testing and produce customized solutions.

Shin Zu Shing Co (TPE:3376) Headlines

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