Tainergy Tech Co (TPE:4934) Cyclically Adjusted FCF per Share: NT$-2.31 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:4934 Tainergy Tech Co Ltd TPE:4934
44 GF Score
Price NT$15.10
GF Value NT$1.21
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Tainergy Tech Co Cyclically Adjusted FCF per Share?

Tainergy Tech Co TPE:4934 -0.98% 44 Cyclically Adjusted FCF per Share is NT$-2.31 as of Dec. 2025. GuruFocus rates TPE:4934 with a GF Score™ of 44/100 and a GF Value™ of NT$1.21 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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.

Tainergy Tech Co's adjusted free cash flow per share for the three months ended in Dec. 2025 was NT$-0.586. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-2.31 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -20.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.20% 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 Tainergy Tech Co was 35.90% per year. The lowest was -20.50% per year. And the median was 18.40% per year.

As of today (2026-07-20), Tainergy Tech Co's current stock price is NT$15.10. Tainergy Tech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was NT$-2.31. Tainergy Tech Co's Cyclically Adjusted Price-to-FCF of today is .


Tainergy Tech Co  (TPE:4934) 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.


Tainergy Tech Co Cyclically Adjusted FCF per Share Related Terms


Tainergy Tech Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tainergy Tech 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.

Tainergy Tech Co Cyclically Adjusted FCF per Share Chart

Tainergy Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.63 -1.32 -1.64 -2.19 -2.31

Tainergy Tech Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -2.19 -2.00 -2.09 -2.09 -2.31

TPE:4934 vs FSLR, NXT, ENPH: Cyclically Adjusted FCF per Share Comparison

For the Solar subindustry, Tainergy Tech 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.


Tainergy Tech Co Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Tainergy Tech Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


TPE:4934
44GF Score
Tainergy Tech Co Ltd TPE:4934
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tainergy Tech 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, Tainergy Tech Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.586/324.0540*324.0540
=-0.586

Current CPI (Dec. 2025) = 324.0540.

Tainergy Tech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -1.376 238.132 -1.872
201606 -0.563 241.018 -0.757
201609 -1.234 241.428 -1.656
201612 -0.878 241.432 -1.178
201703 -0.920 243.801 -1.223
201706 -0.048 244.955 -0.063
201709 -0.220 246.819 -0.289
201712 -0.347 246.524 -0.456
201803 -0.255 249.554 -0.331
201806 -0.396 251.989 -0.509
201809 -1.856 252.439 -2.383
201812 0.205 251.233 0.264
201903 -0.356 254.202 -0.454
201906 0.335 256.143 0.424
201909 0.326 256.759 0.411
201912 0.256 256.974 0.323
202003 -0.366 258.115 -0.459
202006 1.570 257.797 1.974
202009 -0.535 260.280 -0.666
202012 -0.706 260.474 -0.878
202103 -3.928 264.877 -4.806
202106 -0.959 271.696 -1.144
202109 -1.161 274.310 -1.372
202112 -2.196 278.802 -2.552
202203 0.766 287.504 0.863
202206 -0.590 296.311 -0.645
202209 -0.227 296.808 -0.248
202212 -0.123 296.797 -0.134
202303 0.243 301.836 0.261
202306 -0.058 305.109 -0.062
202309 1.499 307.789 1.578
202312 -0.487 306.746 -0.514
202403 0.016 312.332 0.017
202406 -0.204 314.175 -0.210
202409 -1.750 315.301 -1.799
202412 -0.276 315.605 -0.283
202503 -0.336 319.799 -0.340
202506 -0.984 322.561 -0.989
202509 -0.371 324.800 -0.370
202512 -0.586 324.054 -0.586

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

What does a Cyclically Adjusted FCF per Share of NT$-2.31 mean?
Tainergy Tech Co (TPE:4934) has a Cyclically Adjusted FCF per Share of NT$-2.31 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Tainergy Tech Co and its competitors.
Is Tainergy Tech Co's Cyclically Adjusted FCF per Share too high?
Tainergy Tech Co's current Cyclically Adjusted FCF per Share is NT$-2.31. Overall, Tainergy Tech Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tainergy Tech Co's Cyclically Adjusted FCF per Share compare to FSLR and NXT?
Tainergy Tech Co's Cyclically Adjusted FCF per Share of NT$-2.31 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Tainergy Tech Co and its competitors. Tainergy Tech Co's current Cyclically Adjusted FCF per Share is NT$-2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainergy Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Tainergy Tech Co (TPE:4934) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1.21, compared to a current price of NT$15.10 — trading 1147.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is NT$-2.31. Tainergy Tech Co's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Tainergy Tech Co (TPE:4934), the current Cyclically Adjusted FCF per Share is NT$-2.31 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tainergy Tech Co (TPE:4934) Overvalued in 2026?

Based on GuruFocus' analysis, Tainergy Tech Co stock appears to be overvalued. The current stock price of NT$15.10 is trading 1147.9% above its estimated GF Value™ of NT$1.21. GuruFocus considers Tainergy Tech Co to be Significantly Overvalued.

Key valuation signals for TPE:4934:

  • Cyclically Adjusted FCF per Share: NT$-2.31
  • GF Value™: NT$1.21 vs. price of NT$15.10 (1147.9% above fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the TPE:4934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tainergy Tech Co Business Description

Address Ziqiang 1st Road, No. 5, Zhongli Industrial Park Service Center, Fuxing Village, Zhongli District, Taoyuan, TWN, 320
Tainergy Tech Co Ltd is engaged in research, design, manufacturing, and sales of solar cells, panels, and related systems. Its products are solar energy-related products, Silicon carbide (SiC), a type 3 semiconductor, Contact lenses, and a charging pile. The reportable segments of the company are: Solar Power Department- Production and sale of solar modules and related products. Silicon Carbide Department- Production and sale of silicon carbide and other related products. Contact Lens Department- Wholesale and retail of contact lenses and related products. The majority of its revenue is generated from the Solar Power Department.
44GF Score

Get the complete analysis for TPE:4934

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$15.10
Price
NT$1.21
GF Value