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Nien Made Enterprise Co (TPE:8464) Cyclically Adjusted FCF per Share : NT$17.44 (As of Mar. 2025)


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What is Nien Made Enterprise 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.

Nien Made Enterprise Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was NT$6.804. 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$17.44 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Nien Made Enterprise Co's average Cyclically Adjusted FCF Growth Rate was 4.90% 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.

As of today (2025-05-28), Nien Made Enterprise Co's current stock price is NT$438.00. Nien Made Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was NT$17.44. Nien Made Enterprise Co's Cyclically Adjusted Price-to-FCF of today is 25.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nien Made Enterprise Co was 31.25. The lowest was 18.26. And the median was 22.78.


Nien Made Enterprise Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nien Made Enterprise 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.

Nien Made Enterprise Co Cyclically Adjusted FCF per Share Chart

Nien Made Enterprise Co 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 - - - 16.03 16.92

Nien Made Enterprise Co 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 16.63 16.81 16.45 16.92 17.44

Competitive Comparison of Nien Made Enterprise Co's Cyclically Adjusted FCF per Share

For the Furnishings, Fixtures & Appliances subindustry, Nien Made Enterprise 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.


Nien Made Enterprise Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nien Made Enterprise Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Nien Made Enterprise Co's Cyclically Adjusted Price-to-FCF falls into.


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Nien Made Enterprise 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, Nien Made Enterprise Co'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)
=6.804/134.9266*134.9266
=6.804

Current CPI (Mar. 2025) = 134.9266.

Nien Made Enterprise Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 2.435 100.684 3.263
201509 2.885 100.392 3.877
201512 1.502 99.792 2.031
201603 2.767 100.470 3.716
201606 3.355 101.688 4.452
201609 2.113 101.861 2.799
201612 3.574 101.863 4.734
201703 1.156 102.862 1.516
201706 2.903 103.349 3.790
201709 1.615 104.136 2.093
201712 3.373 104.011 4.376
201803 1.418 105.290 1.817
201806 3.570 106.317 4.531
201809 2.857 106.507 3.619
201812 2.345 105.998 2.985
201903 1.317 107.251 1.657
201906 4.752 108.070 5.933
201909 4.057 108.329 5.053
201912 5.624 108.420 6.999
202003 1.619 108.902 2.006
202006 2.857 108.767 3.544
202009 4.385 109.815 5.388
202012 4.301 109.897 5.281
202103 4.143 111.754 5.002
202106 0.921 114.631 1.084
202109 4.207 115.734 4.905
202112 7.568 117.630 8.681
202203 4.618 121.301 5.137
202206 0.214 125.017 0.231
202209 8.036 125.227 8.658
202212 5.360 125.222 5.775
202303 4.787 127.348 5.072
202306 2.860 128.729 2.998
202309 7.193 129.860 7.474
202312 5.803 129.419 6.050
202403 6.939 131.776 7.105
202406 4.891 132.554 4.979
202409 0.105 133.029 0.106
202412 8.755 133.157 8.871
202503 6.804 134.927 6.804

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


Nien Made Enterprise Co  (TPE:8464) 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.

Nien Made Enterprise Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=438.00/17.44
=25.11

* 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 Nien Made Enterprise Co was 31.25. The lowest was 18.26. And the median was 22.78.


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.


Nien Made Enterprise Co Cyclically Adjusted FCF per Share Related Terms

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


Nien Made Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
Chengbei Shizheng North 7th Road, 26th Floor-1, No. 98, Xitun District, Taichung, TWN
Nien Made Enterprise Co Ltd is a Taiwan-based company principally engaged in the business of home furnishings. The company manufactures and distributes curtains and window blinds. The product range consists of interior and exterior shutters, faux wood blinds, vinyl blinds, wood blinds, roll-up shades, and cellular shades. The company operates in two reportable segments that are Window coverings and other, out of which the majority of revenue is generated by sales of Window coverings. Geographically, the company generates a majority of its revenue from America and the rest from Europe and other regions.

Nien Made Enterprise Co Headlines

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