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Bon Fame Co (ROCO:8433) Cyclically Adjusted FCF per Share : NT$6.24 (As of Mar. 2024)


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What is Bon Fame 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.

Bon Fame Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$2.461. 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$6.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bon Fame Co's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.90% 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 Bon Fame Co was 8.90% per year. The lowest was 8.90% per year. And the median was 8.90% per year.

As of today (2024-05-14), Bon Fame Co's current stock price is NT$103.00. Bon Fame Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$6.24. Bon Fame Co's Cyclically Adjusted Price-to-FCF of today is 16.51.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bon Fame Co was 17.15. The lowest was 8.39. And the median was 10.76.


Bon Fame Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bon Fame 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.

Bon Fame Co Cyclically Adjusted FCF per Share Chart

Bon Fame 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 - 4.83 4.36 5.54 6.24

Bon Fame 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 5.52 5.81 6.18 6.24 6.24

Competitive Comparison of Bon Fame Co's Cyclically Adjusted FCF per Share

For the Specialty Retail subindustry, Bon Fame 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.


Bon Fame Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bon Fame Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bon Fame 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, Bon Fame 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)
=2.461/129.4194*129.4194
=2.461

Current CPI (Mar. 2024) = 129.4194.

Bon Fame Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.285 100.560 1.654
201409 0.913 100.428 1.177
201412 -0.981 99.070 -1.282
201503 2.677 99.621 3.478
201506 0.783 100.684 1.006
201509 4.102 100.392 5.288
201512 -1.820 99.792 -2.360
201603 2.829 100.470 3.644
201606 -0.569 101.688 -0.724
201609 1.236 101.861 1.570
201612 2.653 101.863 3.371
201703 3.352 102.862 4.217
201706 -0.351 103.349 -0.440
201709 3.891 104.136 4.836
201712 -0.593 104.011 -0.738
201803 -1.211 105.290 -1.489
201806 3.837 106.317 4.671
201809 2.472 106.507 3.004
201812 2.754 105.998 3.363
201903 1.436 107.251 1.733
201906 0.640 108.070 0.766
201909 -0.713 108.329 -0.852
201912 -1.220 108.420 -1.456
202003 -0.393 108.902 -0.467
202006 0.404 108.767 0.481
202009 1.175 109.815 1.385
202012 6.046 109.897 7.120
202103 -1.674 111.754 -1.939
202106 0.331 114.631 0.374
202109 -0.997 115.734 -1.115
202112 -0.433 117.630 -0.476
202203 3.992 121.301 4.259
202206 -0.534 125.017 -0.553
202209 4.856 125.227 5.019
202212 2.692 125.222 2.782
202303 2.219 127.348 2.255
202306 2.142 128.729 2.153
202309 2.993 129.860 2.983
202312 1.195 129.419 1.195
202403 2.461 129.419 2.461

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


Bon Fame Co  (ROCO:8433) 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.

Bon Fame Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=103.00/6.24
=16.51

* 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 Bon Fame Co was 17.15. The lowest was 8.39. And the median was 10.76.


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.


Bon Fame Co Cyclically Adjusted FCF per Share Related Terms

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


Bon Fame Co (ROCO:8433) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, No.17, Lane 360, Section 1, Neihu Road, Neihu District, Taipei, TWN, 114
Bon Fame Co Ltd is a Taiwan-based company engaged in the business of fashion hair accessories, hair brushes and combs, fashion costume jewellery, fashion cosmetic bags, and fashion handbags.

Bon Fame Co (ROCO:8433) Headlines

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