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TCC Group Holdings Co (TPE:1101) Cyclically Adjusted FCF per Share : NT$2.00 (As of Sep. 2024)


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What is TCC Group Holdings 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.

TCC Group Holdings Co's adjusted free cash flow per share for the three months ended in Sep. 2024 was NT$-0.568. 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$2.00 for the trailing ten years ended in Sep. 2024.

During the past 12 months, TCC Group Holdings Co's average Cyclically Adjusted FCF Growth Rate was -21.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.80% 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 TCC Group Holdings Co was -1.90% per year. The lowest was -8.80% per year. And the median was -5.35% per year.

As of today (2024-12-15), TCC Group Holdings Co's current stock price is NT$32.80. TCC Group Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was NT$2.00. TCC Group Holdings Co's Cyclically Adjusted Price-to-FCF of today is 16.40.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TCC Group Holdings Co was 16.90. The lowest was 10.29. And the median was 13.25.


TCC Group Holdings Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TCC Group Holdings 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.

TCC Group Holdings Co Cyclically Adjusted FCF per Share Chart

TCC Group Holdings 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 2.86 3.15 3.25 2.70 2.39

TCC Group Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.54 2.39 2.20 2.13 2.00

Competitive Comparison of TCC Group Holdings Co's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, TCC Group Holdings 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.


TCC Group Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, TCC Group Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TCC Group Holdings Co's Cyclically Adjusted Price-to-FCF falls into.



TCC Group Holdings 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, TCC Group Holdings Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.568/133.0289*133.0289
=-0.568

Current CPI (Sep. 2024) = 133.0289.

TCC Group Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.842 99.070 1.131
201503 1.069 99.621 1.427
201506 0.903 100.684 1.193
201509 0.997 100.392 1.321
201512 0.763 99.792 1.017
201603 0.818 100.470 1.083
201606 0.719 101.688 0.941
201609 0.796 101.861 1.040
201612 0.787 101.863 1.028
201703 0.252 102.862 0.326
201706 0.491 103.349 0.632
201709 0.425 104.136 0.543
201712 0.791 104.011 1.012
201803 0.186 105.290 0.235
201806 1.342 106.317 1.679
201809 0.492 106.507 0.615
201812 0.939 105.998 1.178
201903 0.533 107.251 0.661
201906 0.263 108.070 0.324
201909 0.285 108.329 0.350
201912 1.457 108.420 1.788
202003 0.834 108.902 1.019
202006 1.298 108.767 1.588
202009 -0.069 109.815 -0.084
202012 0.961 109.897 1.163
202103 0.620 111.754 0.738
202106 0.164 114.631 0.190
202109 -0.401 115.734 -0.461
202112 -0.423 117.630 -0.478
202203 -0.501 121.301 -0.549
202206 -1.077 125.017 -1.146
202209 -0.671 125.227 -0.713
202212 -0.343 125.222 -0.364
202303 0.082 127.348 0.086
202306 0.060 128.729 0.062
202309 0.284 129.860 0.291
202312 0.493 129.419 0.507
202403 -0.693 131.776 -0.700
202406 -0.082 132.554 -0.082
202409 -0.568 133.029 -0.568

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


TCC Group Holdings Co  (TPE:1101) 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.

TCC Group Holdings Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=32.80/2
=16.40

* 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 TCC Group Holdings Co was 16.90. The lowest was 10.29. And the median was 13.25.


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.


TCC Group Holdings Co Cyclically Adjusted FCF per Share Related Terms

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


TCC Group Holdings Co Business Description

Traded in Other Exchanges
Address
No.113, Zhongshan North Road, Section 2, Taipei, TWN, 104
TCC Group Holdings Co Ltd operates in three primary segments: Cement, Electricity and Energy segment and Other segments. The cement segment which generates key revenue involves production, processing and sale of cement goods. The Electricity and energy segment is engaged in power generation, energy storage and power business. The other segment includes land and marine transportation, production and sale of refractory materials, and others. The majority of revenue comes from Taiwan and the rest from Asia and Europe.

TCC Group Holdings Co Headlines

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