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Gourmet Master Co (TPE:2723) Cyclically Adjusted FCF per Share : NT$11.60 (As of Jun. 2024)


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What is Gourmet Master 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.

Gourmet Master Co's adjusted free cash flow per share for the three months ended in Jun. 2024 was NT$0.246. 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$11.60 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Gourmet Master Co's average Cyclically Adjusted FCF Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.40% 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 Gourmet Master Co was 16.40% per year. The lowest was 15.40% per year. And the median was 15.90% per year.

As of today (2024-09-26), Gourmet Master Co's current stock price is NT$84.90. Gourmet Master Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was NT$11.60. Gourmet Master Co's Cyclically Adjusted Price-to-FCF of today is 7.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Gourmet Master Co was 25.07. The lowest was 6.75. And the median was 14.43.


Gourmet Master Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gourmet Master 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.

Gourmet Master Co Cyclically Adjusted FCF per Share Chart

Gourmet Master 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 6.15 7.12 8.52 9.71 10.95

Gourmet Master Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 10.41 10.85 10.95 11.30 11.60

Competitive Comparison of Gourmet Master Co's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, Gourmet Master 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.


Gourmet Master Co's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Gourmet Master Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Gourmet Master 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, Gourmet Master Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.246/132.5538*132.5538
=0.246

Current CPI (Jun. 2024) = 132.5538.

Gourmet Master Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 1.571 100.428 2.074
201412 -0.765 99.070 -1.024
201503 0.176 99.621 0.234
201506 -0.223 100.684 -0.294
201509 1.362 100.392 1.798
201512 2.659 99.792 3.532
201603 2.638 100.470 3.480
201606 1.644 101.688 2.143
201609 2.873 101.861 3.739
201612 3.293 101.863 4.285
201703 1.068 102.862 1.376
201706 2.449 103.349 3.141
201709 2.415 104.136 3.074
201712 3.141 104.011 4.003
201803 3.336 105.290 4.200
201806 0.570 106.317 0.711
201809 0.408 106.507 0.508
201812 3.014 105.998 3.769
201903 5.446 107.251 6.731
201906 4.580 108.070 5.618
201909 4.868 108.329 5.957
201912 3.793 108.420 4.637
202003 -0.901 108.902 -1.097
202006 2.635 108.767 3.211
202009 6.416 109.815 7.745
202012 5.793 109.897 6.987
202103 3.203 111.754 3.799
202106 4.360 114.631 5.042
202109 3.060 115.734 3.505
202112 3.950 117.630 4.451
202203 1.966 121.301 2.148
202206 1.834 125.017 1.945
202209 0.364 125.227 0.385
202212 1.917 125.222 2.029
202303 4.792 127.348 4.988
202306 0.122 128.729 0.126
202309 3.841 129.860 3.921
202312 1.299 129.419 1.330
202403 1.573 131.776 1.582
202406 0.246 132.554 0.246

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


Gourmet Master Co  (TPE:2723) 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.

Gourmet Master Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=84.90/11.6
=7.32

* 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 Gourmet Master Co was 25.07. The lowest was 6.75. And the median was 14.43.


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.


Gourmet Master Co Cyclically Adjusted FCF per Share Related Terms

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


Gourmet Master Co Business Description

Traded in Other Exchanges
N/A
Address
No. 35, 23rd, Nantun District, Taichung, TWN
Gourmet Master Co Ltd operates a chain of cafe stores under the brand 85 Degrees Daily Cafe. Its branch footprints spread across the urban areas of Taiwan, Mainland China, and Hong Kong. The company also owns a few stores in the United States and Australia. The company is mainly engaged in the production and distribution of beverages, including coffee, tea, milk tea, and cold drinks, as well as bakery products such as cakes, bread, and Western-style desserts. Gourmet Master also engages in the retailing of packaged desserts, instant coffee, imported coffee beans, and gift boxes as well as wholesale bakery machinery.

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