Hota Industrial Mfg Co (TPE:1536) Cyclically Adjusted FCF per Share: NT$-3.48 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1536 Hota Industrial Mfg Co Ltd TPE:1536
61 GF Score
Price NT$51.60
GF Value NT$50.11
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Hota Industrial Mfg Co Cyclically Adjusted FCF per Share?

Hota Industrial Mfg Co TPE:1536 -1.34% 61 Cyclically Adjusted FCF per Share is NT$-3.48 as of Mar. 2026. GuruFocus rates TPE:1536 with a GF Score™ of 61/100 and a GF Value™ of NT$50.11 (Fairly Valued). The stock has 8 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.

Hota Industrial Mfg Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was NT$-0.778. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-3.48 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -5.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -14.70% 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 Hota Industrial Mfg Co was -5.40% per year. The lowest was -64.00% per year. And the median was -20.80% per year.

As of today (2026-07-24), Hota Industrial Mfg Co's current stock price is NT$51.60. Hota Industrial Mfg Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was NT$-3.48. Hota Industrial Mfg Co's Cyclically Adjusted Price-to-FCF of today is .


Hota Industrial Mfg Co  (TPE:1536) 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.


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.


Hota Industrial Mfg Co Cyclically Adjusted FCF per Share Related Terms


Hota Industrial Mfg Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Hota Industrial Mfg 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.

Hota Industrial Mfg Co Cyclically Adjusted FCF per Share Chart

Hota Industrial Mfg 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 -2.38 -2.93 -2.98 -3.60 -3.43

Hota Industrial Mfg Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -3.49 -3.33 -3.25 -3.43 -3.48

TPE:1536 vs ORLY, AZO: Cyclically Adjusted FCF per Share Comparison

For the Auto Parts subindustry, Hota Industrial Mfg 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.


Hota Industrial Mfg Co Cyclically Adjusted Price-to-FCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hota Industrial Mfg Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hota Industrial Mfg Co's Cyclically Adjusted Price-to-FCF falls into.


TPE:1536
61GF Score
Hota Industrial Mfg Co Ltd TPE:1536
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hota Industrial Mfg 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, Hota Industrial Mfg Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.778/330.2130*330.2130
=-0.778

Current CPI (Mar. 2026) = 330.2130.

Hota Industrial Mfg Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 1.402 241.018 1.921
201609 -0.684 241.428 -0.936
201612 1.825 241.432 2.496
201703 -3.911 243.801 -5.297
201706 -0.969 244.955 -1.306
201709 -3.606 246.819 -4.824
201712 0.253 246.524 0.339
201803 -4.017 249.554 -5.315
201806 1.438 251.989 1.884
201809 -0.860 252.439 -1.125
201812 2.064 251.233 2.713
201903 -2.014 254.202 -2.616
201906 -1.777 256.143 -2.291
201909 -2.835 256.759 -3.646
201912 -0.931 256.974 -1.196
202003 -1.653 258.115 -2.115
202006 -0.452 257.797 -0.579
202009 -2.262 260.280 -2.870
202012 1.994 260.474 2.528
202103 -0.514 264.877 -0.641
202106 0.449 271.696 0.546
202109 -0.857 274.310 -1.032
202112 -2.920 278.802 -3.458
202203 -3.058 287.504 -3.512
202206 -1.304 296.311 -1.453
202209 -1.347 296.808 -1.499
202212 0.144 296.797 0.160
202303 -0.936 301.836 -1.024
202306 -0.097 305.109 -0.105
202309 1.168 307.789 1.253
202312 -0.701 306.746 -0.755
202403 -0.350 312.332 -0.370
202406 1.047 314.175 1.100
202409 -0.433 315.301 -0.453
202412 -1.518 315.605 -1.588
202503 0.230 319.799 0.237
202506 0.633 322.561 0.648
202509 0.536 324.800 0.545
202512 -0.371 324.054 -0.378
202603 -0.778 330.213 -0.778

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$-3.48 mean?
Hota Industrial Mfg Co (TPE:1536) has a Cyclically Adjusted FCF per Share of NT$-3.48 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Hota Industrial Mfg Co and its competitors.
Is Hota Industrial Mfg Co's Cyclically Adjusted FCF per Share too high?
Hota Industrial Mfg Co's current Cyclically Adjusted FCF per Share is NT$-3.48. Overall, Hota Industrial Mfg Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hota Industrial Mfg Co's Cyclically Adjusted FCF per Share compare to ORLY and AZO?
Hota Industrial Mfg Co's Cyclically Adjusted FCF per Share of NT$-3.48 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted FCF per Share depends on the Vehicles & Parts 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 Hota Industrial Mfg Co and its competitors. Hota Industrial Mfg Co's current Cyclically Adjusted FCF per Share is NT$-3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hota Industrial Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Hota Industrial Mfg Co (TPE:1536) is currently considered Fairly Valued. The stock's GF Value™ is NT$50.11, compared to a current price of NT$51.60 — trading 3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$-3.48. Hota Industrial Mfg Co's overall GF Score™ is 61/100 with 8 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 Hota Industrial Mfg Co (TPE:1536), the current Cyclically Adjusted FCF per Share is NT$-3.48 as of Mar. 2026. 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 Hota Industrial Mfg Co (TPE:1536) Overvalued in 2026?

Based on GuruFocus' analysis, Hota Industrial Mfg Co stock appears to be overvalued. The current stock price of NT$51.60 is trading 3% above its estimated GF Value™ of NT$50.11. GuruFocus considers Hota Industrial Mfg Co to be Fairly Valued.

Key valuation signals for TPE:1536:

  • Cyclically Adjusted FCF per Share: NT$-3.48
  • GF Value™: NT$50.11 vs. price of NT$51.60 (3% above fair value)
  • GF Score™: 61/100 with 8 warning signs

No single metric tells the full story. See the TPE:1536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hota Industrial Mfg Co Business Description

Address 115 Road Ren Hua, Dali District, Taichung, TWN, 42881
Hota Industrial Mfg Co Ltd is engaged in the manufacturing and trading of gear wheels, shafts and various transmission parts like for automobiles, motorbike, agricultural machinery, tooling machinery, etc.
61GF Score

Get the complete analysis for TPE:1536

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

NT$51.60
Price
NT$50.11
GF Value