Man Zai Industries Co (ROCO:4543) Cyclically Adjusted FCF per Share: NT$1.11 (As of Jun. 2026)

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ROCO:4543 Man Zai Industries Co Ltd ROCO:4543
78 GF Score
Price NT$29.95
GF Value NT$38.03
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Man Zai Industries Co Cyclically Adjusted FCF per Share?

Man Zai Industries Co ROCO:4543 -0.83% 78 Cyclically Adjusted FCF per Share is NT$1.11 as of Jun. 2026. GuruFocus rates ROCO:4543 with a GF Score™ of 78/100 and a GF Value™ of NT$38.03 (Modestly Undervalued). The stock has 4 warning signs 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.

Man Zai Industries Co's adjusted free cash flow per share for the three months ended in Jun. 2026 was NT$0.110. 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$1.11 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Man Zai Industries Co's average Cyclically Adjusted FCF Growth Rate was 27.60% 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.

As of today (2026-09-06), Man Zai Industries Co's current stock price is NT$29.95. Man Zai Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was NT$1.11. Man Zai Industries Co's Cyclically Adjusted Price-to-FCF of today is 26.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Man Zai Industries Co was 65.69. The lowest was 23.17. And the median was 35.10.


Man Zai Industries Co  (ROCO:4543) 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.

Man Zai Industries Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.95/1.11
=26.98

* 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 Man Zai Industries Co was 65.69. The lowest was 23.17. And the median was 35.10.


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.


Man Zai Industries Co Cyclically Adjusted FCF per Share Related Terms


Man Zai Industries Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Man Zai Industries 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.

Man Zai Industries Co Cyclically Adjusted FCF per Share Chart

Man Zai Industries 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 0.00 0.00 0.94 1.05 1.04

Man Zai Industries Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.87 0.89 1.04 1.06 1.11

ROCO:4543 vs ORLY, AZO, GPC: Cyclically Adjusted FCF per Share Comparison

For the Auto Parts subindustry, Man Zai Industries 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.


Man Zai Industries Co Cyclically Adjusted Price-to-FCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Man Zai Industries Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Man Zai Industries Co's Cyclically Adjusted Price-to-FCF falls into.


ROCO:4543
78GF Score
Man Zai Industries Co Ltd ROCO:4543
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Man Zai Industries 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, Man Zai Industries Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.11/333.9520*333.9520
=0.110

Current CPI (Jun. 2026) = 333.9520.

Man Zai Industries Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.081 241.428 0.112
201612 1.298 241.432 1.795
201703 -0.067 243.801 -0.092
201706 -0.327 244.955 -0.446
201709 0.488 246.819 0.660
201712 0.841 246.524 1.139
201803 0.002 249.554 0.003
201806 -0.117 251.989 -0.155
201809 0.829 252.439 1.097
201812 0.931 251.233 1.238
201903 -0.194 254.202 -0.255
201906 -0.626 256.143 -0.816
201909 0.269 256.759 0.350
201912 0.566 256.974 0.736
202003 0.003 258.115 0.004
202006 -2.364 257.797 -3.062
202009 -1.131 260.280 -1.451
202012 0.694 260.474 0.890
202103 -0.163 264.877 -0.206
202106 -1.981 271.696 -2.435
202109 0.453 274.310 0.551
202112 0.262 278.802 0.314
202203 0.637 287.504 0.740
202206 0.838 296.311 0.944
202209 1.522 296.808 1.712
202212 2.080 296.797 2.340
202303 -0.031 301.836 -0.034
202306 0.386 305.109 0.422
202309 1.193 307.789 1.294
202312 0.482 306.746 0.525
202403 0.558 312.332 0.597
202406 0.100 314.175 0.106
202409 0.448 315.301 0.475
202412 0.736 315.605 0.779
202503 0.080 319.799 0.084
202506 -1.071 322.561 -1.109
202509 0.843 324.800 0.867
202512 1.274 324.054 1.313
202603 0.011 330.213 0.011
202606 0.110 333.952 0.110

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$1.11 mean?
Man Zai Industries Co (ROCO:4543) has a Cyclically Adjusted FCF per Share of NT$1.11 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Man Zai Industries Co and its competitors.
Is Man Zai Industries Co's Cyclically Adjusted FCF per Share too high?
Man Zai Industries Co's current Cyclically Adjusted FCF per Share is NT$1.11. Overall, Man Zai Industries Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Zai Industries Co's Cyclically Adjusted FCF per Share compare to ORLY and AZO?
Man Zai Industries Co's Cyclically Adjusted FCF per Share of NT$1.11 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted FCF per Share depends on the Vehicles & Parts 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 Man Zai Industries Co and its competitors. Man Zai Industries Co's current Cyclically Adjusted FCF per Share is NT$1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Zai Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Man Zai Industries Co (ROCO:4543) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$38.03, compared to a current price of NT$29.95 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$1.11. Man Zai Industries Co's overall GF Score™ is 78/100 with 4 warning signs 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 Man Zai Industries Co (ROCO:4543), the current Cyclically Adjusted FCF per Share is NT$1.11 as of Jun. 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 Man Zai Industries Co (ROCO:4543) Overvalued in 2026?

Based on GuruFocus' analysis, Man Zai Industries Co stock appears to be undervalued. The current stock price of NT$29.95 is trading 21.2% below its estimated GF Value™ of NT$38.03. GuruFocus considers Man Zai Industries Co to be Modestly Undervalued.

Key valuation signals for ROCO:4543:

  • Cyclically Adjusted FCF per Share: NT$1.11
  • GF Value™: NT$38.03 vs. price of NT$29.95 (21.2% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the ROCO:4543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Man Zai Industries Co Business Description

Address Zhongshan Road, Number 260, Section 2, Guanmiao District, Tainan, TWN, 718
Man Zai Industries Co Ltd is involved in developing and manufacturing of air conditioning products for automobiles. Its products include A/C-Module, Cooling Module and Other. The company generates the majority of its revenue from the sale of A/C modules.
78GF Score

Get the complete analysis for ROCO:4543

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

NT$29.95
Price
NT$38.03
GF Value