Longchen Paper & Packaging Co (TPE:1909) Cyclically Adjusted FCF per Share: NT$-2.06 (As of Dec. 2025)

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:1909 Longchen Paper & Packaging Co Ltd TPE:1909
68 GF Score
Price NT$10.10
GF Value NT$12.28
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Longchen Paper & Packaging Co Cyclically Adjusted FCF per Share?

Longchen Paper & Packaging Co TPE:1909 -2.88% 68 Cyclically Adjusted FCF per Share is NT$-2.06 as of Dec. 2025. GuruFocus rates TPE:1909 with a GF Score™ of 68/100 and a GF Value™ of NT$12.28 (Modestly Undervalued). The stock has 6 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.

Longchen Paper & Packaging Co's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$-0.211. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-2.06 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.80% 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 Longchen Paper & Packaging Co was 12.80% per year. The lowest was -5.10% per year. And the median was 3.10% per year.

As of today (2026-07-19), Longchen Paper & Packaging Co's current stock price is NT$10.10. Longchen Paper & Packaging Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$-2.06. Longchen Paper & Packaging Co's Cyclically Adjusted Price-to-FCF of today is .


Longchen Paper & Packaging Co  (TPE:1909) 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.


Longchen Paper & Packaging Co Cyclically Adjusted FCF per Share Related Terms


Longchen Paper & Packaging Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Longchen Paper & Packaging 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.

Longchen Paper & Packaging Co Cyclically Adjusted FCF per Share Chart

Longchen Paper & Packaging 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 -1.86 -2.30 -2.23 -2.16 -2.06

Longchen Paper & Packaging 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 -2.16 -2.24 -2.24 -2.03 -2.06

Longchen Paper & Packaging Co Cyclically Adjusted FCF per Share Competitor Comparison

For the Paper & Paper Products subindustry, Longchen Paper & Packaging 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.


Longchen Paper & Packaging Co Cyclically Adjusted Price-to-FCF vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Longchen Paper & Packaging Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Longchen Paper & Packaging Co's Cyclically Adjusted Price-to-FCF falls into.


TPE:1909
68GF Score
Longchen Paper & Packaging Co Ltd TPE:1909
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Longchen Paper & Packaging 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, Longchen Paper & Packaging 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)
=-0.211/324.0540*324.0540
=-0.211

Current CPI (Dec. 2025) = 324.0540.

Longchen Paper & Packaging Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -1.020 238.132 -1.388
201606 -3.080 241.018 -4.141
201609 1.042 241.428 1.399
201612 -1.842 241.432 -2.472
201703 -2.710 243.801 -3.602
201706 -2.104 244.955 -2.783
201709 -1.625 246.819 -2.133
201712 -1.859 246.524 -2.444
201803 -0.067 249.554 -0.087
201806 -1.740 251.989 -2.238
201809 -0.683 252.439 -0.877
201812 0.078 251.233 0.101
201903 -0.313 254.202 -0.399
201906 -1.307 256.143 -1.654
201909 1.436 256.759 1.812
201912 0.815 256.974 1.028
202003 -0.076 258.115 -0.095
202006 -1.024 257.797 -1.287
202009 -0.061 260.280 -0.076
202012 0.121 260.474 0.151
202103 0.453 264.877 0.554
202106 0.279 271.696 0.333
202109 -0.085 274.310 -0.100
202112 -0.159 278.802 -0.185
202203 -0.190 287.504 -0.214
202206 -0.187 296.311 -0.205
202209 -1.066 296.808 -1.164
202212 0.786 296.797 0.858
202303 -0.641 301.836 -0.688
202306 0.619 305.109 0.657
202309 -1.394 307.789 -1.468
202312 1.319 306.746 1.393
202403 0.408 312.332 0.423
202406 -0.025 314.175 -0.026
202409 0.051 315.301 0.052
202412 0.310 315.605 0.318
202503 0.625 319.799 0.633
202506 -0.472 322.561 -0.474
202509 0.099 324.800 0.099
202512 -0.211 324.054 -0.211

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$-2.06 mean?
Longchen Paper & Packaging Co (TPE:1909) has a Cyclically Adjusted FCF per Share of NT$-2.06 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 Longchen Paper & Packaging Co and its competitors.
Is Longchen Paper & Packaging Co's Cyclically Adjusted FCF per Share too high?
Longchen Paper & Packaging Co's current Cyclically Adjusted FCF per Share is NT$-2.06. Overall, Longchen Paper & Packaging Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Longchen Paper & Packaging Co's Cyclically Adjusted FCF per Share compare to competitors?
Longchen Paper & Packaging Co's Cyclically Adjusted FCF per Share of NT$-2.06 can be compared against companies in the Forest Products 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 Forest Products company?
A good Cyclically Adjusted FCF per Share depends on the Forest Products 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 Longchen Paper & Packaging Co and its competitors. Longchen Paper & Packaging Co's current Cyclically Adjusted FCF per Share is NT$-2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Longchen Paper & Packaging Co stock overvalued right now?
Based on GuruFocus' analysis, Longchen Paper & Packaging Co (TPE:1909) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.28, compared to a current price of NT$10.10 — trading 17.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$-2.06. Longchen Paper & Packaging Co's overall GF Score™ is 68/100 with 6 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 Longchen Paper & Packaging Co (TPE:1909), the current Cyclically Adjusted FCF per Share is NT$-2.06 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 Longchen Paper & Packaging Co (TPE:1909) Overvalued in 2026?

Based on GuruFocus' analysis, Longchen Paper & Packaging Co stock appears to be undervalued. The current stock price of NT$10.10 is trading 17.8% below its estimated GF Value™ of NT$12.28. GuruFocus considers Longchen Paper & Packaging Co to be Modestly Undervalued.

Key valuation signals for TPE:1909:

  • Cyclically Adjusted FCF per Share: NT$-2.06
  • GF Value™: NT$12.28 vs. price of NT$10.10 (17.8% below fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the TPE:1909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Longchen Paper & Packaging Co Business Description

Address No. 1-1, Guangxing Lane, Guangxing Village, Erlin Township, Zhanghua, TWN
Longchen Paper & Packaging Co Ltd is engaged in manufacturing, processing, and trading paper raw materials; manufacturing, printing, processing and trading of corrugated containers; and recycling/renewal of energy and resources, including turnkey design, trial-run and operation of cogeneration and incinerator systems. Its segments include Containerboard: manufacturing and sales of Containerboard; Corrugated container: manufacturing and sale of paper machines; Wastepaper: procurement and sale of wastepaper; and Others: public wastewater treatment and general administration in the Group. It derives majority of the revenue from Containerboard segment.
68GF Score

Get the complete analysis for TPE:1909

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

NT$10.10
Price
NT$12.28
GF Value