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Lihtai Construction & Development Co (ROCO:5520) Cyclically Adjusted FCF per Share : NT$4.33 (As of Dec. 2024)


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What is Lihtai Construction & Development 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.

Lihtai Construction & Development Co's adjusted free cash flow per share for the three months ended in Dec. 2024 was NT$3.872. 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$4.33 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Lihtai Construction & Development Co's average Cyclically Adjusted FCF Growth Rate was 25.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 27.20% 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 Lihtai Construction & Development Co was 38.70% per year. The lowest was 18.70% per year. And the median was 25.00% per year.

As of today (2025-05-12), Lihtai Construction & Development Co's current stock price is NT$81.40. Lihtai Construction & Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was NT$4.33. Lihtai Construction & Development Co's Cyclically Adjusted Price-to-FCF of today is 18.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lihtai Construction & Development Co was 35.94. The lowest was 15.67. And the median was 21.60.


Lihtai Construction & Development Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lihtai Construction & Development 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.

Lihtai Construction & Development Co Cyclically Adjusted FCF per Share Chart

Lihtai Construction & Development 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 1.76 2.59 3.39 3.44 4.33

Lihtai Construction & Development Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.44 3.65 3.80 4.00 4.33

Competitive Comparison of Lihtai Construction & Development Co's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, Lihtai Construction & Development 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.


Lihtai Construction & Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lihtai Construction & Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lihtai Construction & Development Co's Cyclically Adjusted Price-to-FCF falls into.


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Lihtai Construction & Development 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, Lihtai Construction & Development Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3.872/133.1571*133.1571
=3.872

Current CPI (Dec. 2024) = 133.1571.

Lihtai Construction & Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.271 99.621 0.362
201506 -0.014 100.684 -0.019
201509 0.139 100.392 0.184
201512 1.211 99.792 1.616
201603 1.375 100.470 1.822
201606 -0.576 101.688 -0.754
201609 1.169 101.861 1.528
201612 0.572 101.863 0.748
201703 -0.020 102.862 -0.026
201706 0.450 103.349 0.580
201709 1.186 104.136 1.517
201712 0.753 104.011 0.964
201803 -0.155 105.290 -0.196
201806 0.957 106.317 1.199
201809 -0.049 106.507 -0.061
201812 -0.119 105.998 -0.149
201903 -0.779 107.251 -0.967
201906 -0.381 108.070 -0.469
201909 0.162 108.329 0.199
201912 0.966 108.420 1.186
202003 0.182 108.902 0.223
202006 0.971 108.767 1.189
202009 1.654 109.815 2.006
202012 1.665 109.897 2.017
202103 2.409 111.754 2.870
202106 0.056 114.631 0.065
202109 2.047 115.734 2.355
202112 1.336 117.630 1.512
202203 1.045 121.301 1.147
202206 1.759 125.017 1.874
202209 2.476 125.227 2.633
202212 1.417 125.222 1.507
202303 2.232 127.348 2.334
202306 0.033 128.729 0.034
202309 0.962 129.860 0.986
202312 0.860 129.419 0.885
202403 2.665 131.776 2.693
202406 0.734 132.554 0.737
202409 3.114 133.029 3.117
202412 3.872 133.157 3.872

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


Lihtai Construction & Development Co  (ROCO:5520) 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.

Lihtai Construction & Development Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=81.40/4.33
=18.80

* 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 Lihtai Construction & Development Co was 35.94. The lowest was 15.67. And the median was 21.60.


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.


Lihtai Construction & Development Co Cyclically Adjusted FCF per Share Related Terms

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


Lihtai Construction & Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Section 7, Yanping North Road, Shilin District, Taipei, TWN
Lihtai Construction & Development Co Ltd is engaged in the manufacture and distribution of pre-mix concrete and other concrete products in Taiwan. Its products are used for various properties, roads, bridges, and other construction projects.

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