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Gallant Precision Machining Co (ROCO:5443) Cyclically Adjusted FCF per Share : NT$2.28 (As of Mar. 2024)


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What is Gallant Precision Machining 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.

Gallant Precision Machining Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$2.928. 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$2.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gallant Precision Machining Co's average Cyclically Adjusted FCF Growth Rate was 31.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% 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 Gallant Precision Machining Co was 18.00% per year. The lowest was 2.50% per year. And the median was 10.25% per year.

As of today (2024-06-20), Gallant Precision Machining Co's current stock price is NT$66.60. Gallant Precision Machining Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.28. Gallant Precision Machining Co's Cyclically Adjusted Price-to-FCF of today is 29.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Gallant Precision Machining Co was 30.32. The lowest was 11.42. And the median was 16.47.


Gallant Precision Machining Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gallant Precision Machining 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.

Gallant Precision Machining Co Cyclically Adjusted FCF per Share Chart

Gallant Precision Machining Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.72 1.98 1.79 1.85

Gallant Precision Machining 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 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 1.73 1.88 1.87 1.85 2.28

Competitive Comparison of Gallant Precision Machining Co's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, Gallant Precision Machining 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.


Gallant Precision Machining Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Gallant Precision Machining Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Gallant Precision Machining Co's Cyclically Adjusted Price-to-FCF falls into.



Gallant Precision Machining 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, Gallant Precision Machining 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)
=2.928/131.7762*131.7762
=2.928

Current CPI (Mar. 2024) = 131.7762.

Gallant Precision Machining Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.318 100.560 0.417
201409 -0.254 100.428 -0.333
201412 0.827 99.070 1.100
201503 0.218 99.621 0.288
201506 -1.567 100.684 -2.051
201509 0.457 100.392 0.600
201512 0.745 99.792 0.984
201603 0.008 100.470 0.010
201606 0.104 101.688 0.135
201609 3.733 101.861 4.829
201612 -0.842 101.863 -1.089
201703 -1.389 102.862 -1.779
201706 -0.801 103.349 -1.021
201709 1.202 104.136 1.521
201712 1.516 104.011 1.921
201803 -0.792 105.290 -0.991
201806 1.192 106.317 1.477
201809 0.035 106.507 0.043
201812 0.517 105.998 0.643
201903 -0.776 107.251 -0.953
201906 0.201 108.070 0.245
201909 0.060 108.329 0.073
201912 -1.889 108.420 -2.296
202003 5.177 108.902 6.264
202006 -0.138 108.767 -0.167
202009 0.805 109.815 0.966
202012 2.461 109.897 2.951
202103 -0.969 111.754 -1.143
202106 2.373 114.631 2.728
202109 -0.124 115.734 -0.141
202112 0.449 117.630 0.503
202203 -1.003 121.301 -1.090
202206 0.897 125.017 0.945
202209 -1.479 125.227 -1.556
202212 2.006 125.222 2.111
202303 -0.179 127.348 -0.185
202306 1.130 128.729 1.157
202309 0.953 129.860 0.967
202312 1.726 129.419 1.757
202403 2.928 131.776 2.928

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


Gallant Precision Machining Co  (ROCO:5443) 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.

Gallant Precision Machining Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=66.60/2.28
=29.21

* 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 Gallant Precision Machining Co was 30.32. The lowest was 11.42. And the median was 16.47.


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.


Gallant Precision Machining Co Cyclically Adjusted FCF per Share Related Terms

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


Gallant Precision Machining Co (ROCO:5443) Business Description

Traded in Other Exchanges
N/A
Address
No. 5-1, Innovation 1st Road, Science-Based Industrial Park, Hsinchu, TWN, 300
Gallant Precision Machining Co Ltd is engaged in the design, manufacture, and sale of molds and machinery, metal parts and mold parts, stamping parts and die-cast parts, and automated manufacturing systems and their unit equipment. Geographically, it derives a majority of revenue from China. It generates maximum revenue from the display process equipment.

Gallant Precision Machining Co (ROCO:5443) Headlines

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