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First Copper Technology Co (TPE:2009) Cyclically Adjusted FCF per Share : NT$0.03 (As of Mar. 2024)


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What is First Copper Technology 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.

First Copper Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.194. 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$0.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First Copper Technology Co's average Cyclically Adjusted FCF Growth Rate was -72.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -54.30% 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 First Copper Technology Co was -45.30% per year. The lowest was -54.30% per year. And the median was -49.80% per year.

As of today (2024-06-15), First Copper Technology Co's current stock price is NT$50.70. First Copper Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.03. First Copper Technology Co's Cyclically Adjusted Price-to-FCF of today is 1,690.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of First Copper Technology Co was 3280.00. The lowest was 11.76. And the median was 116.57.


First Copper Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for First Copper Technology 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.

First Copper Technology Co Cyclically Adjusted FCF per Share Chart

First Copper Technology 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 0.49 0.42 0.44 0.08 0.04

First Copper Technology 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 0.11 0.09 0.01 0.04 0.03

Competitive Comparison of First Copper Technology Co's Cyclically Adjusted FCF per Share

For the Copper subindustry, First Copper Technology 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.


First Copper Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Copper Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where First Copper Technology Co's Cyclically Adjusted Price-to-FCF falls into.



First Copper Technology 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, First Copper Technology 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)
=-0.194/131.7762*131.7762
=-0.194

Current CPI (Mar. 2024) = 131.7762.

First Copper Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.366 100.560 -0.480
201409 -0.274 100.428 -0.360
201412 0.409 99.070 0.544
201503 -0.136 99.621 -0.180
201506 0.183 100.684 0.240
201509 0.061 100.392 0.080
201512 0.557 99.792 0.736
201603 -0.503 100.470 -0.660
201606 0.063 101.688 0.082
201609 -0.179 101.861 -0.232
201612 0.004 101.863 0.005
201703 -0.139 102.862 -0.178
201706 0.071 103.349 0.091
201709 -0.170 104.136 -0.215
201712 -0.239 104.011 -0.303
201803 -0.204 105.290 -0.255
201806 0.531 106.317 0.658
201809 0.765 106.507 0.947
201812 0.440 105.998 0.547
201903 -0.187 107.251 -0.230
201906 -0.241 108.070 -0.294
201909 0.113 108.329 0.137
201912 0.129 108.420 0.157
202003 -0.861 108.902 -1.042
202006 0.234 108.767 0.284
202009 0.541 109.815 0.649
202012 -0.326 109.897 -0.391
202103 0.033 111.754 0.039
202106 -0.206 114.631 -0.237
202109 -0.418 115.734 -0.476
202112 0.468 117.630 0.524
202203 -0.100 121.301 -0.109
202206 -0.789 125.017 -0.832
202209 0.383 125.227 0.403
202212 0.374 125.222 0.394
202303 -0.092 127.348 -0.095
202306 0.004 128.729 0.004
202309 0.254 129.860 0.258
202312 0.248 129.419 0.253
202403 -0.194 131.776 -0.194

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


First Copper Technology Co  (TPE:2009) 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.

First Copper Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=50.70/0.03
=1,690.00

* 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 First Copper Technology Co was 3280.00. The lowest was 11.76. And the median was 116.57.


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.


First Copper Technology Co Cyclically Adjusted FCF per Share Related Terms

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


First Copper Technology Co (TPE:2009) Business Description

Traded in Other Exchanges
N/A
Address
No. 170, Chung Cheng 4th Road, 4th Floor, Kaohsiung, TWN
First Copper Technology Co Ltd is Taiwan based company. The company is engaged in the manufacture and sale of copper wire and copper plate, and the processing of scrap iron and copper. Geographically the company earns revenue in Taiwan, Mainland China, Japan and others.

First Copper Technology Co (TPE:2009) Headlines

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