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Nankang Rubber Tire (TPE:2101) Cyclically Adjusted FCF per Share : NT$-1.25 (As of Mar. 2025)


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What is Nankang Rubber Tire 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.

Nankang Rubber Tire's adjusted free cash flow per share for the three months ended in Mar. 2025 was NT$-0.959. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-1.25 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Nankang Rubber Tire was 31.80% per year. The lowest was -44.10% per year. And the median was -6.15% per year.

As of today (2025-05-23), Nankang Rubber Tire's current stock price is NT$41.30. Nankang Rubber Tire's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was NT$-1.25. Nankang Rubber Tire's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nankang Rubber Tire was 354.09. The lowest was 51.53. And the median was 80.16.


Nankang Rubber Tire Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nankang Rubber Tire'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.

Nankang Rubber Tire Cyclically Adjusted FCF per Share Chart

Nankang Rubber Tire 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 0.71 0.55 0.11 -0.72 -1.09

Nankang Rubber Tire 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 -0.88 -1.11 -1.06 -1.09 -1.25

Competitive Comparison of Nankang Rubber Tire's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Nankang Rubber Tire'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.


Nankang Rubber Tire's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nankang Rubber Tire's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Nankang Rubber Tire's Cyclically Adjusted Price-to-FCF falls into.


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Nankang Rubber Tire 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, Nankang Rubber Tire'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)
=-0.959/134.9266*134.9266
=-0.959

Current CPI (Mar. 2025) = 134.9266.

Nankang Rubber Tire Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.074 100.684 0.099
201509 0.734 100.392 0.986
201512 -2.287 99.792 -3.092
201603 -0.456 100.470 -0.612
201606 0.156 101.688 0.207
201609 0.143 101.861 0.189
201612 0.126 101.863 0.167
201703 -0.737 102.862 -0.967
201706 0.010 103.349 0.013
201709 0.743 104.136 0.963
201712 -0.332 104.011 -0.431
201803 -0.187 105.290 -0.240
201806 0.150 106.317 0.190
201809 0.411 106.507 0.521
201812 -0.042 105.998 -0.053
201903 -0.375 107.251 -0.472
201906 0.117 108.070 0.146
201909 3.818 108.329 4.755
201912 0.566 108.420 0.704
202003 -0.147 108.902 -0.182
202006 0.546 108.767 0.677
202009 0.175 109.815 0.215
202012 0.192 109.897 0.236
202103 -0.171 111.754 -0.206
202106 -1.179 114.631 -1.388
202109 -1.916 115.734 -2.234
202112 -1.207 117.630 -1.384
202203 -2.048 121.301 -2.278
202206 -1.322 125.017 -1.427
202209 -0.669 125.227 -0.721
202212 0.141 125.222 0.152
202303 -0.966 127.348 -1.023
202306 -1.078 128.729 -1.130
202309 -1.424 129.860 -1.480
202312 -0.744 129.419 -0.776
202403 -1.494 131.776 -1.530
202406 -1.172 132.554 -1.193
202409 1.166 133.029 1.183
202412 -0.113 133.157 -0.115
202503 -0.959 134.927 -0.959

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


Nankang Rubber Tire  (TPE:2101) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nankang Rubber Tire was 354.09. The lowest was 51.53. And the median was 80.16.


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.


Nankang Rubber Tire Cyclically Adjusted FCF per Share Related Terms

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


Nankang Rubber Tire Business Description

Traded in Other Exchanges
N/A
Address
Jen Ai Road, Suite 608, Floor 6, Number. 136, Sec. 3, Taipei, TWN
Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Light truck series, Truck/Trailer series, Motorsport, Car series, and others. Its geographical segments are Taiwan, China, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.

Nankang Rubber Tire Headlines

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