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Everspring Industry Co (TPE:2390) Cyclically Adjusted FCF per Share : NT$-0.69 (As of Mar. 2024)


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What is Everspring Industry 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.

Everspring Industry Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.175. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-0.69 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -5.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.10% 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 Everspring Industry Co was 4.10% per year. The lowest was -5.60% per year. And the median was 3.10% per year.

As of today (2024-05-26), Everspring Industry Co's current stock price is NT$13.10. Everspring Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-0.69. Everspring Industry Co's Cyclically Adjusted Price-to-FCF of today is .


Everspring Industry Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Everspring Industry 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.

Everspring Industry Co Cyclically Adjusted FCF per Share Chart

Everspring Industry 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 -0.67 -0.56 -0.61 -0.59 -0.66

Everspring Industry 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 -0.63 -0.62 -0.67 -0.66 -0.69

Competitive Comparison of Everspring Industry Co's Cyclically Adjusted FCF per Share

For the Security & Protection Services subindustry, Everspring Industry 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.


Everspring Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Everspring Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Everspring Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Everspring Industry 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, Everspring Industry 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)
=-0.175/131.7762*131.7762
=-0.175

Current CPI (Mar. 2024) = 131.7762.

Everspring Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.502 100.560 -0.658
201409 0.366 100.428 0.480
201412 0.476 99.070 0.633
201503 -0.574 99.621 -0.759
201506 0.001 100.684 0.001
201509 -0.414 100.392 -0.543
201512 -0.130 99.792 -0.172
201603 -0.922 100.470 -1.209
201606 -0.177 101.688 -0.229
201609 -0.199 101.861 -0.257
201612 -0.014 101.863 -0.018
201703 -0.420 102.862 -0.538
201706 -0.203 103.349 -0.259
201709 -0.038 104.136 -0.048
201712 -0.743 104.011 -0.941
201803 -0.367 105.290 -0.459
201806 -0.030 106.317 -0.037
201809 -0.125 106.507 -0.155
201812 -0.044 105.998 -0.055
201903 -0.193 107.251 -0.237
201906 -0.116 108.070 -0.141
201909 0.308 108.329 0.375
201912 -0.504 108.420 -0.613
202003 -0.113 108.902 -0.137
202006 -0.082 108.767 -0.099
202009 -0.061 109.815 -0.073
202012 0.108 109.897 0.130
202103 0.658 111.754 0.776
202106 -0.396 114.631 -0.455
202109 -0.701 115.734 -0.798
202112 -0.063 117.630 -0.071
202203 -0.163 121.301 -0.177
202206 -0.035 125.017 -0.037
202209 -0.062 125.227 -0.065
202212 0.212 125.222 0.223
202303 -0.179 127.348 -0.185
202306 0.103 128.729 0.105
202309 -0.073 129.860 -0.074
202312 0.004 129.419 0.004
202403 -0.175 131.776 -0.175

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


Everspring Industry Co  (TPE:2390) 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.


Everspring Industry Co Cyclically Adjusted FCF per Share Related Terms

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


Everspring Industry Co (TPE:2390) Business Description

Traded in Other Exchanges
N/A
Address
Zhonghua Road, 3rd Floor, No.50, Sec. 1, Tucheng District, New Taipei City, TWN, 23666
Everspring Industry Co Ltd is a Taiwan-based company engaged in the production of burglar alarms, surveillance devices, home automation appliances, and security lighting. It offers home and building solutions that cover product portfolios such as wireless alarms, solar sirens, chimes, smoke detectors, panic buttons, door contact sensors, flood detectors, dimmer plugs, door and window sensors, and other related products. Its reportable segments of the group are Intelligent security control which generates a majority of the revenue and, Security service segment.

Everspring Industry Co (TPE:2390) Headlines

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