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Yuen Chang Stainless Steel Co (TPE:2069) Cyclically Adjusted FCF per Share : NT$-2.36 (As of Mar. 2025)


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What is Yuen Chang Stainless Steel 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.

Yuen Chang Stainless Steel Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was NT$1.019. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-2.36 for the trailing ten years ended in Mar. 2025.

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.

As of today (2025-05-23), Yuen Chang Stainless Steel Co's current stock price is NT$16.75. Yuen Chang Stainless Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was NT$-2.36. Yuen Chang Stainless Steel Co's Cyclically Adjusted Price-to-FCF of today is .


Yuen Chang Stainless Steel Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Yuen Chang Stainless Steel 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.

Yuen Chang Stainless Steel Co Cyclically Adjusted FCF per Share Chart

Yuen Chang Stainless Steel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -2.49 -2.42

Yuen Chang Stainless Steel Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2.58 -2.50 -2.32 -2.42 -2.36

Competitive Comparison of Yuen Chang Stainless Steel Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, Yuen Chang Stainless Steel 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.


Yuen Chang Stainless Steel Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yuen Chang Stainless Steel Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Yuen Chang Stainless Steel Co's Cyclically Adjusted Price-to-FCF falls into.


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Yuen Chang Stainless Steel 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, Yuen Chang Stainless Steel Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.019/134.9266*134.9266
=1.019

Current CPI (Mar. 2025) = 134.9266.

Yuen Chang Stainless Steel Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 2.019 100.684 2.706
201509 -0.661 100.392 -0.888
201512 2.855 99.792 3.860
201603 0.882 100.470 1.184
201606 -0.645 101.688 -0.856
201609 0.456 101.861 0.604
201612 -1.685 101.863 -2.232
201703 -3.837 102.862 -5.033
201706 -1.186 103.349 -1.548
201709 -0.422 104.136 -0.547
201712 -2.439 104.011 -3.164
201803 -4.039 105.290 -5.176
201806 -3.412 106.317 -4.330
201809 -3.016 106.507 -3.821
201812 -2.949 105.998 -3.754
201903 -0.355 107.251 -0.447
201906 1.026 108.070 1.281
201909 -0.295 108.329 -0.367
201912 1.316 108.420 1.638
202003 -2.240 108.902 -2.775
202006 3.017 108.767 3.743
202009 -1.701 109.815 -2.090
202012 -1.095 109.897 -1.344
202103 -4.915 111.754 -5.934
202106 -1.404 114.631 -1.653
202109 -2.087 115.734 -2.433
202112 -0.512 117.630 -0.587
202203 2.651 121.301 2.949
202206 1.882 125.017 2.031
202209 5.737 125.227 6.181
202212 0.903 125.222 0.973
202303 -4.604 127.348 -4.878
202306 -0.204 128.729 -0.214
202309 -1.190 129.860 -1.236
202312 4.587 129.419 4.782
202403 -1.091 131.776 -1.117
202406 0.224 132.554 0.228
202409 1.268 133.029 1.286
202412 -1.615 133.157 -1.636
202503 1.019 134.927 1.019

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


Yuen Chang Stainless Steel Co  (TPE:2069) 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.


Yuen Chang Stainless Steel Co Cyclically Adjusted FCF per Share Related Terms

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


Yuen Chang Stainless Steel Co Business Description

Traded in Other Exchanges
N/A
Address
No. 235, Zhongzheng 4th Road, 13th Floor, ChianJin Chiu, Kaohsiung, TWN
Yuen Chang Stainless Steel Co Ltd is a Taiwan-based steel company. It is engaged in stainless steel shearing, splitting, surface treatment, processing and trading, and import & export of stainless steel products. The company's products include stainless steel coils, plates, sheets, and strips.

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