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Hi-Lai Foods Co (ROCO:1268) Cyclically Adjusted FCF per Share : NT$8.69 (As of Mar. 2025)


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What is Hi-Lai Foods 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.

Hi-Lai Foods Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was NT$1.628. 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$8.69 for the trailing ten years ended in Mar. 2025.

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.

As of today (2025-05-13), Hi-Lai Foods Co's current stock price is NT$150.00. Hi-Lai Foods Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was NT$8.69. Hi-Lai Foods Co's Cyclically Adjusted Price-to-FCF of today is 17.26.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Hi-Lai Foods Co was 17.84. The lowest was 17.21. And the median was 17.64.


Hi-Lai Foods Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hi-Lai Foods 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.

* Premium members only.

Hi-Lai Foods Co Cyclically Adjusted FCF per Share Chart

Hi-Lai Foods Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.63

Hi-Lai Foods Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 8.63 8.69

Competitive Comparison of Hi-Lai Foods Co's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, Hi-Lai Foods 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.


Hi-Lai Foods Co's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Hi-Lai Foods Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hi-Lai Foods Co's Cyclically Adjusted Price-to-FCF falls into.


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Hi-Lai Foods 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, Hi-Lai Foods Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.628/134.9266*134.9266
=1.628

Current CPI (Mar. 2025) = 134.9266.

Hi-Lai Foods Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201603 0.003 100.470 0.004
201606 1.036 101.688 1.375
201609 1.445 101.861 1.914
201612 6.044 101.863 8.006
201703 -0.925 102.862 -1.213
201706 2.506 103.349 3.272
201709 -1.440 104.136 -1.866
201712 1.708 104.011 2.216
201803 0.867 105.290 1.111
201806 0.099 106.317 0.126
201809 0.485 106.507 0.614
201812 2.533 105.998 3.224
201903 1.563 107.251 1.966
201906 2.128 108.070 2.657
201909 2.113 108.329 2.632
201912 5.386 108.420 6.703
202003 -3.133 108.902 -3.882
202006 1.345 108.767 1.668
202009 7.647 109.815 9.396
202012 5.950 109.897 7.305
202103 1.400 111.754 1.690
202106 -4.034 114.631 -4.748
202109 -0.202 115.734 -0.235
202112 6.918 117.630 7.935
202203 -1.642 121.301 -1.826
202206 -4.122 125.017 -4.449
202209 7.005 125.227 7.548
202212 5.689 125.222 6.130
202303 0.621 127.348 0.658
202306 3.916 128.729 4.105
202309 1.213 129.860 1.260
202312 1.957 129.419 2.040
202403 -2.852 131.776 -2.920
202406 2.540 132.554 2.585
202409 2.336 133.029 2.369
202412 9.231 133.157 9.354
202503 1.628 134.927 1.628

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


Hi-Lai Foods Co  (ROCO:1268) 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.

Hi-Lai Foods Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=150.00/8.69
=17.26

* 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.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Hi-Lai Foods Co was 17.84. The lowest was 17.21. And the median was 17.64.


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.


Hi-Lai Foods Co Cyclically Adjusted FCF per Share Related Terms

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


Hi-Lai Foods Co Business Description

Traded in Other Exchanges
N/A
Address
No.266, Chenggong 1st Road, 21st Floor - 1, Qianjin District, Kaohsiung, TWN, 801
Hi-Lai Foods Co Ltd is a Taiwan-based catering company. It provides dishes of international cuisine and professional services. It offers restaurant services, banquets, and among others.

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