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Taiwan Wax Co (ROCO:1742) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


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What is Taiwan Wax Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Wax Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taiwan Wax Co's Cyclically Adjusted Price-to-FCF 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.

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Taiwan Wax Co Cyclically Adjusted Price-to-FCF Chart

Taiwan Wax Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Taiwan Wax Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Taiwan Wax Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Taiwan Wax 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.


Taiwan Wax Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Wax Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Taiwan Wax Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Taiwan Wax Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Taiwan Wax Co'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)
=-1.398/131.7762*131.7762
=-1.398

Current CPI (Mar. 2024) = 131.7762.

Taiwan Wax Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.760 100.560 -0.996
201409 -2.258 100.428 -2.963
201412 1.048 99.070 1.394
201503 -1.178 99.621 -1.558
201506 0.642 100.684 0.840
201509 -0.257 100.392 -0.337
201512 0.695 99.792 0.918
201603 0.207 100.470 0.271
201606 0.554 101.688 0.718
201609 -0.297 101.861 -0.384
201612 -0.651 101.863 -0.842
201703 -0.288 102.862 -0.369
201706 -0.035 103.349 -0.045
201709 0.272 104.136 0.344
201712 -0.482 104.011 -0.611
201803 -2.452 105.290 -3.069
201806 -0.028 106.317 -0.035
201809 -1.782 106.507 -2.205
201812 0.066 105.998 0.082
201903 -1.948 107.251 -2.393
201906 -0.104 108.070 -0.127
201909 -0.703 108.329 -0.855
201912 -1.928 108.420 -2.343
202003 1.139 108.902 1.378
202006 1.527 108.767 1.850
202009 0.497 109.815 0.596
202012 -0.075 109.897 -0.090
202103 -3.634 111.754 -4.285
202106 -1.176 114.631 -1.352
202109 -0.565 115.734 -0.643
202112 -3.429 117.630 -3.841
202203 1.159 121.301 1.259
202206 -1.784 125.017 -1.880
202209 -1.552 125.227 -1.633
202212 0.104 125.222 0.109
202303 -0.706 127.348 -0.731
202306 1.215 128.729 1.244
202309 -0.228 129.860 -0.231
202312 0.870 129.419 0.886
202403 -1.398 131.776 -1.398

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


Taiwan Wax Co  (ROCO:1742) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Taiwan Wax Co Cyclically Adjusted Price-to-FCF Related Terms

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Taiwan Wax Co (ROCO:1742) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Number 1 Chung Cheng Road, Minhsiung Industrial District, Chiayi, TWN, 62146
Taiwan Wax Co Ltd is engaged in manufacture, trading, import and export of various wax raw materials and finished products, trading of optoelectronic equipment, trading of aquatic products and provision of brokerage services. The company derives revenue from sales of merchandise is derived from sales of aquatic products, optoelectronic equipment and various finished wax products.

Taiwan Wax Co (ROCO:1742) Headlines

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