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Forg Innovation Co (ROCO:4712) Cyclically Adjusted FCF per Share : NT$-3.56 (As of Jun. 2024)


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What is Forg Innovation 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.

Forg Innovation Co's adjusted free cash flow per share for the three months ended in Jun. 2024 was NT$-0.117. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-3.56 for the trailing ten years ended in Jun. 2024.

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 (2024-09-25), Forg Innovation Co's current stock price is NT$11.40. Forg Innovation Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was NT$-3.56. Forg Innovation Co's Cyclically Adjusted Price-to-FCF of today is .


Forg Innovation Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Forg Innovation 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.

Forg Innovation Co Cyclically Adjusted FCF per Share Chart

Forg Innovation Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -5.23 -4.67 -4.87

Forg Innovation Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24
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 -4.74 -4.28 -4.01 -3.61 -3.56

Competitive Comparison of Forg Innovation Co's Cyclically Adjusted FCF per Share

For the Farm Products subindustry, Forg Innovation 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.


Forg Innovation Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Forg Innovation Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Forg Innovation 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, Forg Innovation Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.117/132.5538*132.5538
=-0.117

Current CPI (Jun. 2024) = 132.5538.

Forg Innovation Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.135 99.695 -2.839
201406 0.567 100.560 0.747
201409 -1.026 100.428 -1.354
201412 -5.471 99.070 -7.320
201503 1.607 99.621 2.138
201506 -3.084 100.684 -4.060
201509 0.089 100.392 0.118
201512 0.856 99.792 1.137
201603 -3.634 100.470 -4.794
201606 6.480 101.688 8.447
201609 -0.744 101.861 -0.968
201612 0.546 101.863 0.711
201703 0.635 102.862 0.818
201706 -2.111 103.349 -2.708
201709 0.044 104.136 0.056
201712 -5.876 104.011 -7.488
201803 -1.418 105.290 -1.785
201806 1.283 106.317 1.600
201809 -1.319 106.507 -1.642
201812 -2.480 105.998 -3.101
201903 -1.103 107.251 -1.363
201906 -0.657 108.070 -0.806
201909 -0.432 108.329 -0.529
201912 -1.055 108.420 -1.290
202003 -0.429 108.902 -0.522
202006 -0.593 108.767 -0.723
202009 -2.163 109.815 -2.611
202012 -0.206 109.897 -0.248
202103 -0.537 111.754 -0.637
202106 -0.396 114.631 -0.458
202109 -0.403 115.734 -0.462
202112 -0.630 117.630 -0.710
202203 -0.638 121.301 -0.697
202206 -0.536 125.017 -0.568
202209 -0.434 125.227 -0.459
202303 -0.766 127.348 -0.797
202306 -0.032 128.729 -0.033
202309 -0.133 129.860 -0.136
202403 -0.125 131.776 -0.126
202406 -0.117 132.554 -0.117

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


Forg Innovation Co  (ROCO:4712) 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.


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.


Forg Innovation Co Cyclically Adjusted FCF per Share Related Terms

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


Forg Innovation Co Business Description

Traded in Other Exchanges
N/A
Address
23 Floor, No. 1086, Zhongzheng Road, Taoyuan District, Taoyuan City, TWN
Forg Innovation Co Ltd Formerly Forkluck Innovation Co Ltd is engaged in the wholesale of aquatic products. The company's products include grouper, eels, sweetfish, king crabs, East Asian four-finger threadfin, and others.

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