Chung Lien Co (ROCO:5604) Cyclically Adjusted FCF per Share: NT$0.30 (As of Dec. 2025)

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ROCO:5604 Chung Lien Co Ltd ROCO:5604
75 GF Score
Price NT$30.40
GF Value NT$41.95
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Chung Lien Co Cyclically Adjusted FCF per Share?

Chung Lien Co ROCO:5604 +0.33% 75 Cyclically Adjusted FCF per Share is NT$0.30 as of Dec. 2025. GuruFocus rates ROCO:5604 with a GF Score™ of 75/100 and a GF Value™ of NT$41.95 (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.

Chung Lien Co's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$0.189. 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$0.30 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Chung Lien Co's average Cyclically Adjusted FCF Growth Rate was -14.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -8.30% 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 Chung Lien Co was -4.40% per year. The lowest was -15.70% per year. And the median was -10.35% per year.

As of today (2026-07-27), Chung Lien Co's current stock price is NT$30.40. Chung Lien Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$0.30. Chung Lien Co's Cyclically Adjusted Price-to-FCF of today is 101.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Chung Lien Co was 211.74. The lowest was 60.54. And the median was 120.98.


Chung Lien Co  (ROCO:5604) 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.

Chung Lien Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=30.40/0.30
=101.33

* 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 Chung Lien Co was 211.74. The lowest was 60.54. And the median was 120.98.


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.


Chung Lien Co Cyclically Adjusted FCF per Share Related Terms


Chung Lien Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Chung Lien 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.

Chung Lien Co Cyclically Adjusted FCF per Share Chart

Chung Lien 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 0.40 0.39 0.33 0.35 0.30

Chung Lien Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.35 0.37 0.31 0.20 0.30

ROCO:5604 vs CBRE, BEKE, JLL: Cyclically Adjusted FCF per Share Comparison

For the Real Estate Services subindustry, Chung Lien 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.


Chung Lien Co Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Chung Lien Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ROCO:5604
75GF Score
Chung Lien Co Ltd ROCO:5604
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chung Lien 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, Chung Lien Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.189/324.0540*324.0540
=0.189

Current CPI (Dec. 2025) = 324.0540.

Chung Lien Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -0.294 238.132 -0.400
201606 0.163 241.018 0.219
201609 -0.123 241.428 -0.165
201612 -0.117 241.432 -0.157
201703 -0.123 243.801 -0.163
201706 0.076 244.955 0.101
201709 0.264 246.819 0.347
201712 -0.071 246.524 -0.093
201803 -1.956 249.554 -2.540
201806 -1.274 251.989 -1.638
201809 1.430 252.439 1.836
201812 2.479 251.233 3.198
201903 -0.854 254.202 -1.089
201906 -0.982 256.143 -1.242
201909 -1.924 256.759 -2.428
201912 0.846 256.974 1.067
202003 0.066 258.115 0.083
202006 0.228 257.797 0.287
202009 0.437 260.280 0.544
202012 0.129 260.474 0.160
202103 0.247 264.877 0.302
202106 0.280 271.696 0.334
202109 0.157 274.310 0.185
202112 0.218 278.802 0.253
202203 0.304 287.504 0.343
202206 0.317 296.311 0.347
202209 0.330 296.808 0.360
202212 0.251 296.797 0.274
202303 0.296 301.836 0.318
202306 0.309 305.109 0.328
202309 0.345 307.789 0.363
202312 0.196 306.746 0.207
202403 0.291 312.332 0.302
202406 0.244 314.175 0.252
202409 0.284 315.301 0.292
202412 0.186 315.605 0.191
202503 0.280 319.799 0.284
202506 -0.288 322.561 -0.289
202509 0.198 324.800 0.198
202512 0.189 324.054 0.189

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$0.30 mean?
Chung Lien Co (ROCO:5604) has a Cyclically Adjusted FCF per Share of NT$0.30 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Chung Lien Co and its competitors.
Is Chung Lien Co's Cyclically Adjusted FCF per Share too high?
Chung Lien Co's current Cyclically Adjusted FCF per Share is NT$0.30. Overall, Chung Lien Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chung Lien Co's Cyclically Adjusted FCF per Share compare to CBRE and BEKE?
Chung Lien Co's Cyclically Adjusted FCF per Share of NT$0.30 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted FCF per Share depends on the Real Estate 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 Chung Lien Co and its competitors. Chung Lien Co's current Cyclically Adjusted FCF per Share is NT$0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Lien Co stock overvalued right now?
Based on GuruFocus' analysis, Chung Lien Co (ROCO:5604) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$41.95, compared to a current price of NT$30.40 — trading 27.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$0.30. Chung Lien Co's overall GF Score™ is 75/100 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 Chung Lien Co (ROCO:5604), the current Cyclically Adjusted FCF per Share is NT$0.30 as of Dec. 2025. 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 Chung Lien Co (ROCO:5604) Overvalued in 2026?

Based on GuruFocus' analysis, Chung Lien Co stock appears to be undervalued. The current stock price of NT$30.40 is trading 27.5% below its estimated GF Value™ of NT$41.95. GuruFocus considers Chung Lien Co to be Modestly Undervalued.

Key valuation signals for ROCO:5604:

  • Cyclically Adjusted FCF per Share: NT$0.30
  • GF Value™: NT$41.95 vs. price of NT$30.40 (27.5% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the ROCO:5604 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chung Lien Co Business Description

Address No. 7, Gongyequ 1ST Road, Xitun District, Taichung, TWN, 407018
Chung Lien Co Ltd, with its subsidiaries, is engaged in the leasing of real estate, retailing of computer information products and software, and information maintenance services.
75GF Score

Get the complete analysis for ROCO:5604

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

NT$30.40
Price
NT$41.95
GF Value