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C Sun Manufacturing (TPE:2467) Cyclically Adjusted FCF per Share : NT$3.66 (As of Mar. 2024)


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What is C Sun Manufacturing 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.

C Sun Manufacturing's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.207. 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$3.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, C Sun Manufacturing's average Cyclically Adjusted FCF Growth Rate was 25.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.60% 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 C Sun Manufacturing was 38.10% per year. The lowest was 23.60% per year. And the median was 30.85% per year.

As of today (2024-05-28), C Sun Manufacturing's current stock price is NT$141.00. C Sun Manufacturing's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.66. C Sun Manufacturing's Cyclically Adjusted Price-to-FCF of today is 38.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of C Sun Manufacturing was 43.72. The lowest was 12.11. And the median was 17.89.


C Sun Manufacturing Cyclically Adjusted FCF per Share Historical Data

The historical data trend for C Sun Manufacturing'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.

C Sun Manufacturing Cyclically Adjusted FCF per Share Chart

C Sun Manufacturing 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 1.15 1.93 2.59 3.03 3.64

C Sun Manufacturing 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 2.91 3.28 3.62 3.64 3.66

Competitive Comparison of C Sun Manufacturing's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, C Sun Manufacturing'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.


C Sun Manufacturing's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, C Sun Manufacturing's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where C Sun Manufacturing's Cyclically Adjusted Price-to-FCF falls into.



C Sun Manufacturing 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, C Sun Manufacturing'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)
=-0.207/131.7762*131.7762
=-0.207

Current CPI (Mar. 2024) = 131.7762.

C Sun Manufacturing Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.201 100.560 1.574
201409 -0.093 100.428 -0.122
201412 -1.292 99.070 -1.719
201503 -0.754 99.621 -0.997
201506 1.410 100.684 1.845
201509 -1.679 100.392 -2.204
201512 2.244 99.792 2.963
201603 -0.216 100.470 -0.283
201606 1.440 101.688 1.866
201609 4.615 101.861 5.970
201612 -1.054 101.863 -1.364
201703 -1.429 102.862 -1.831
201706 1.680 103.349 2.142
201709 0.834 104.136 1.055
201712 -0.820 104.011 -1.039
201803 -0.137 105.290 -0.171
201806 0.292 106.317 0.362
201809 1.947 106.507 2.409
201812 0.990 105.998 1.231
201903 -0.565 107.251 -0.694
201906 2.177 108.070 2.655
201909 -0.491 108.329 -0.597
201912 1.055 108.420 1.282
202003 3.188 108.902 3.858
202006 1.432 108.767 1.735
202009 3.261 109.815 3.913
202012 1.256 109.897 1.506
202103 1.441 111.754 1.699
202106 0.355 114.631 0.408
202109 -0.237 115.734 -0.270
202112 -0.059 117.630 -0.066
202203 -0.274 121.301 -0.298
202206 1.470 125.017 1.549
202209 1.694 125.227 1.783
202212 0.399 125.222 0.420
202303 -0.524 127.348 -0.542
202306 2.745 128.729 2.810
202309 2.593 129.860 2.631
202312 1.331 129.419 1.355
202403 -0.207 131.776 -0.207

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


C Sun Manufacturing  (TPE:2467) 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.

C Sun Manufacturing's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=141.00/3.66
=38.52

* 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 C Sun Manufacturing was 43.72. The lowest was 12.11. And the median was 17.89.


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.


C Sun Manufacturing Cyclically Adjusted FCF per Share Related Terms

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


C Sun Manufacturing (TPE:2467) Business Description

Traded in Other Exchanges
N/A
Address
Number. 2-1 Kung 8 Road, 2nd Industrial Park, Lin Kou, Taipei, TWN
C Sun Manufacturing Ltd is y is engaged in electron, semiconductors, liquid crystal displays(LCD), printed circuit boards, textiles, plastics, rubber, printing, chemical industry, aerospace and other industrial box ovens, tunnel ovens, UV drying equipment, UV exposure equipment, automatic equipment, plasma generator (PRS series), automatic system integration technology, research, development, related parts manufacturing, maintenance, sales, import and export business.

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