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TPK Holding Co (TPE:3673) Cyclically Adjusted Price-to-FCF : 2.70 (As of May. 26, 2024)


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What is TPK Holding Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), TPK Holding Co's current share price is NT$37.05. TPK Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$13.74. TPK Holding Co's Cyclically Adjusted Price-to-FCF for today is 2.70.

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

TPE:3673' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.45   Med: 4.96   Max: 51.72
Current: 2.7

During the past years, TPK Holding Co's highest Cyclically Adjusted Price-to-FCF was 51.72. The lowest was 2.45. And the median was 4.96.

TPE:3673's Cyclically Adjusted Price-to-FCF is ranked better than
98.07% of 933 companies
in the Hardware industry
Industry Median: 30.71 vs TPE:3673: 2.70

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.

TPK Holding Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-3.100. 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$13.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TPK Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TPK Holding 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.

TPK Holding Co Cyclically Adjusted Price-to-FCF Chart

TPK Holding 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 19.51 7.42 4.77 2.86 2.60

TPK Holding 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 3.89 4.11 2.83 2.60 2.67

Competitive Comparison of TPK Holding Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, TPK Holding 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.


TPK Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TPK Holding Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TPK Holding Co's Cyclically Adjusted Price-to-FCF falls into.



TPK Holding 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.

TPK Holding Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.05/13.74
=2.70

* 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.

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

For example, TPK Holding 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)
=-3.1/131.7762*131.7762
=-3.100

Current CPI (Mar. 2024) = 131.7762.

TPK Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -6.239 100.560 -8.176
201409 -5.700 100.428 -7.479
201412 17.320 99.070 23.038
201503 -2.283 99.621 -3.020
201506 -8.100 100.684 -10.601
201509 8.357 100.392 10.970
201512 0.819 99.792 1.081
201603 11.177 100.470 14.660
201606 -1.173 101.688 -1.520
201609 8.387 101.861 10.850
201612 8.064 101.863 10.432
201703 4.514 102.862 5.783
201706 7.609 103.349 9.702
201709 8.543 104.136 10.811
201712 15.626 104.011 19.797
201803 -5.053 105.290 -6.324
201806 0.162 106.317 0.201
201809 -1.627 106.507 -2.013
201812 2.210 105.998 2.747
201903 -10.316 107.251 -12.675
201906 8.452 108.070 10.306
201909 -0.953 108.329 -1.159
201912 10.701 108.420 13.006
202003 -3.536 108.902 -4.279
202006 13.036 108.767 15.794
202009 -8.841 109.815 -10.609
202012 11.346 109.897 13.605
202103 -2.025 111.754 -2.388
202106 6.965 114.631 8.007
202109 -2.845 115.734 -3.239
202112 -0.807 117.630 -0.904
202203 -1.206 121.301 -1.310
202206 6.663 125.017 7.023
202209 -2.087 125.227 -2.196
202212 5.139 125.222 5.408
202303 8.738 127.348 9.042
202306 7.965 128.729 8.154
202309 2.945 129.860 2.988
202312 4.873 129.419 4.962
202403 -3.100 131.776 -3.100

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.


TPK Holding Co  (TPE:3673) 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.


TPK Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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TPK Holding Co (TPE:3673) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.13-18, Section 6, Min Quan East Road, Neihu District, Taipei, TWN
TPK Holding Co Ltd is an electronic components company with two business segments: Touch Module and Other. The Touch Module segment manufactures and sells capacitive touch solutions. These small and midsize touch panels are utilized in mobile phones, portable media players, navigation devices, and handheld game consoles. These products include glass-to-glass, touch-on-lens, and glass-film. The Other segment primarily produces indium tin oxide.

TPK Holding Co (TPE:3673) Headlines

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