King Chou Marine Technology Co (ROCO:4417) Cyclically Adjusted FCF per Share: NT$3.40 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:4417 King Chou Marine Technology Co Ltd ROCO:4417
83 GF Score
Price NT$43.15
GF Value NT$46.60
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is King Chou Marine Technology Co Cyclically Adjusted FCF per Share?

King Chou Marine Technology Co ROCO:4417 +0.35% 83 Cyclically Adjusted FCF per Share is NT$3.40 as of Mar. 2026. GuruFocus rates ROCO:4417 with a GF Score™ of 83/100 and a GF Value™ of NT$46.60 (Fairly Valued). The stock has 1 warning sign investors should review.

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.

King Chou Marine Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was NT$0.095. 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$3.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, King Chou Marine Technology Co's average Cyclically Adjusted FCF Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of King Chou Marine Technology Co was 21.50% per year. The lowest was 6.30% per year. And the median was 16.30% per year.

As of today (2026-08-04), King Chou Marine Technology Co's current stock price is NT$43.15. King Chou Marine Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was NT$3.40. King Chou Marine Technology Co's Cyclically Adjusted Price-to-FCF of today is 12.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of King Chou Marine Technology Co was 26.34. The lowest was 12.32. And the median was 15.02.


King Chou Marine Technology Co  (ROCO:4417) 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.

King Chou Marine Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=43.15/3.40
=12.69

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of King Chou Marine Technology Co was 26.34. The lowest was 12.32. And the median was 15.02.


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.


King Chou Marine Technology Co Cyclically Adjusted FCF per Share Related Terms


King Chou Marine Technology Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for King Chou Marine Technology 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.

King Chou Marine Technology Co Cyclically Adjusted FCF per Share Chart

King Chou Marine Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 2.85 3.15 3.04 3.42

King Chou Marine Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.03 3.39 3.23 3.42 3.40

King Chou Marine Technology Co Cyclically Adjusted FCF per Share Competitor Comparison

For the Textile Manufacturing subindustry, King Chou Marine Technology 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.


King Chou Marine Technology Co Cyclically Adjusted Price-to-FCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, King Chou Marine Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where King Chou Marine Technology Co's Cyclically Adjusted Price-to-FCF falls into.


ROCO:4417
83GF Score
King Chou Marine Technology Co Ltd ROCO:4417
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

King Chou Marine Technology 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, King Chou Marine Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.095/330.2130*330.2130
=0.095

Current CPI (Mar. 2026) = 330.2130.

King Chou Marine Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 2.406 241.018 3.296
201609 0.949 241.428 1.298
201612 0.060 241.432 0.082
201703 -0.081 243.801 -0.110
201706 -2.112 244.955 -2.847
201709 0.502 246.819 0.672
201712 2.697 246.524 3.613
201803 -0.236 249.554 -0.312
201806 -0.357 251.989 -0.468
201809 0.980 252.439 1.282
201812 0.183 251.233 0.241
201903 -0.467 254.202 -0.607
201906 0.772 256.143 0.995
201909 -1.447 256.759 -1.861
201912 2.888 256.974 3.711
202003 -1.223 258.115 -1.565
202006 1.478 257.797 1.893
202009 1.957 260.280 2.483
202012 0.926 260.474 1.174
202103 -0.223 264.877 -0.278
202106 2.775 271.696 3.373
202109 -0.915 274.310 -1.101
202112 0.043 278.802 0.051
202203 -0.072 287.504 -0.083
202206 -0.045 296.311 -0.050
202209 -0.024 296.808 -0.027
202212 2.211 296.797 2.460
202303 2.078 301.836 2.273
202306 1.781 305.109 1.928
202309 -0.757 307.789 -0.812
202312 3.179 306.746 3.422
202403 -4.172 312.332 -4.411
202406 1.762 314.175 1.852
202409 2.260 315.301 2.367
202412 1.244 315.605 1.302
202503 0.938 319.799 0.969
202506 3.874 322.561 3.966
202509 1.613 324.800 1.640
202512 2.033 324.054 2.072
202603 0.095 330.213 0.095

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

What does a Cyclically Adjusted FCF per Share of NT$3.40 mean?
King Chou Marine Technology Co (ROCO:4417) has a Cyclically Adjusted FCF per Share of NT$3.40 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on King Chou Marine Technology Co and its competitors.
Is King Chou Marine Technology Co's Cyclically Adjusted FCF per Share too high?
King Chou Marine Technology Co's current Cyclically Adjusted FCF per Share is NT$3.40. Overall, King Chou Marine Technology Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does King Chou Marine Technology Co's Cyclically Adjusted FCF per Share compare to competitors?
King Chou Marine Technology Co's Cyclically Adjusted FCF per Share of NT$3.40 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted FCF per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on King Chou Marine Technology Co and its competitors. King Chou Marine Technology Co's current Cyclically Adjusted FCF per Share is NT$3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Chou Marine Technology Co stock overvalued right now?
Based on GuruFocus' analysis, King Chou Marine Technology Co (ROCO:4417) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.60, compared to a current price of NT$43.15 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$3.40. King Chou Marine Technology Co's overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For King Chou Marine Technology Co (ROCO:4417), the current Cyclically Adjusted FCF per Share is NT$3.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is King Chou Marine Technology Co (ROCO:4417) Overvalued in 2026?

Based on GuruFocus' analysis, King Chou Marine Technology Co stock appears to be undervalued. The current stock price of NT$43.15 is trading 7.4% below its estimated GF Value™ of NT$46.60. GuruFocus considers King Chou Marine Technology Co to be Fairly Valued.

Key valuation signals for ROCO:4417:

  • Cyclically Adjusted FCF per Share: NT$3.40
  • GF Value™: NT$46.60 vs. price of NT$43.15 (7.4% below fair value)
  • GF Score™: 83/100 with 1 warning sign

No single metric tells the full story. See the ROCO:4417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King Chou Marine Technology Co Business Description

Address No. 12, Hsingan Road, Hsinyuan Township, Kanghsi Village, Pingtung, TWN, 806
King Chou Marine Technology Co Ltd engages in the manufacturing, processing, domestic/export sales and export/import trade of a variety of fishing nets, twines and ropes. Its products include Nylon Twisted Net, Nylon Braided Net, Polyester Twisted Net, Polyster Braided Net, PE Twisted Net, Nylon Monofilament Net ( Regular and Flat type ), Nylon Multi-Mono Net, PE Braided Net, Nylon Raschel Knotless Net, Polyester Raschel Knotless Net, Nylon Super-Knot Knotless Net, PE Raschel Knotless Net, KK Raschel Knotless Net, and KK Braided Net. Its segments include King Chou, Kunshan King Chou, Vietnam King ChouIndonesia King Da, and Others.
83GF Score

Get the complete analysis for ROCO:4417

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$43.15
Price
NT$46.60
GF Value