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Ton Yi Industrial (TPE:9907) Cyclically Adjusted FCF per Share : NT$1.76 (As of Mar. 2024)


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What is Ton Yi Industrial 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.

Ton Yi Industrial's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.486. 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$1.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ton Yi Industrial's average Cyclically Adjusted FCF Growth Rate was 27.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ton Yi Industrial was 26.90% per year. The lowest was 21.10% per year. And the median was 24.00% per year.

As of today (2024-06-20), Ton Yi Industrial's current stock price is NT$15.30. Ton Yi Industrial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.76. Ton Yi Industrial's Cyclically Adjusted Price-to-FCF of today is 8.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ton Yi Industrial was 23.29. The lowest was 7.64. And the median was 14.22.


Ton Yi Industrial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ton Yi Industrial'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.

Ton Yi Industrial Cyclically Adjusted FCF per Share Chart

Ton Yi Industrial 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 0.71 0.90 0.76 1.26 1.84

Ton Yi Industrial 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 1.38 1.61 1.78 1.84 1.76

Competitive Comparison of Ton Yi Industrial's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, Ton Yi Industrial'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.


Ton Yi Industrial's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ton Yi Industrial's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ton Yi Industrial's Cyclically Adjusted Price-to-FCF falls into.



Ton Yi Industrial 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, Ton Yi Industrial'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)
=-0.486/131.7762*131.7762
=-0.486

Current CPI (Mar. 2024) = 131.7762.

Ton Yi Industrial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.318 100.560 -0.417
201409 0.146 100.428 0.192
201412 -1.077 99.070 -1.433
201503 0.119 99.621 0.157
201506 0.681 100.684 0.891
201509 0.538 100.392 0.706
201512 0.975 99.792 1.287
201603 0.665 100.470 0.872
201606 0.839 101.688 1.087
201609 0.255 101.861 0.330
201612 0.888 101.863 1.149
201703 -0.024 102.862 -0.031
201706 0.253 103.349 0.323
201709 1.011 104.136 1.279
201712 0.528 104.011 0.669
201803 -0.147 105.290 -0.184
201806 0.673 106.317 0.834
201809 0.783 106.507 0.969
201812 0.196 105.998 0.244
201903 0.060 107.251 0.074
201906 0.163 108.070 0.199
201909 0.052 108.329 0.063
201912 0.942 108.420 1.145
202003 0.176 108.902 0.213
202006 0.676 108.767 0.819
202009 0.756 109.815 0.907
202012 0.530 109.897 0.636
202103 -0.882 111.754 -1.040
202106 0.082 114.631 0.094
202109 -0.428 115.734 -0.487
202112 0.843 117.630 0.944
202203 0.523 121.301 0.568
202206 1.050 125.017 1.107
202209 1.723 125.227 1.813
202212 0.559 125.222 0.588
202303 0.723 127.348 0.748
202306 0.440 128.729 0.450
202309 0.203 129.860 0.206
202312 0.082 129.419 0.083
202403 -0.486 131.776 -0.486

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


Ton Yi Industrial  (TPE:9907) 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.

Ton Yi Industrial's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.30/1.76
=8.69

* 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 Ton Yi Industrial was 23.29. The lowest was 7.64. And the median was 14.22.


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.


Ton Yi Industrial Cyclically Adjusted FCF per Share Related Terms

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


Ton Yi Industrial (TPE:9907) Business Description

Traded in Other Exchanges
N/A
Address
No.837, Zhongzheng North Road, YongKang District, Tainan City, TWN, 710002
Ton Yi Industrial Corp manufactures and sells a variety of packaging products. The company's primary product categories include cold rolled carbon steel, tin plates, tin cans, and polyethylene terephthalate (PET). Cold rolled carbon steel is sold to manufacturers of buckets, electric parts, steel tubes, and car parts. Tin plates are sold to manufacturers of nozzles, spouts, crown caps, and can liners. Tin cans are typically sold to the food industry, while PET is used to make plastic bottles, caps, and labels for the beverage industry.

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