GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Allied Biotech Corp (ROCO:1780) » Definitions » Cyclically Adjusted Price-to-FCF

Allied Biotech (ROCO:1780) Cyclically Adjusted Price-to-FCF : 23.67 (As of Jun. 22, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Allied Biotech Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), Allied Biotech's current share price is NT$17.75. Allied Biotech's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was NT$0.75. Allied Biotech's Cyclically Adjusted Price-to-FCF for today is 23.67.

The historical rank and industry rank for Allied Biotech's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:1780' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.07   Med: 34.07   Max: 45.61
Current: 23.43

During the past 13 years, Allied Biotech's highest Cyclically Adjusted Price-to-FCF was 45.61. The lowest was 21.07. And the median was 34.07.

ROCO:1780's Cyclically Adjusted Price-to-FCF is ranked better than
60.25% of 322 companies
in the Drug Manufacturers industry
Industry Median: 30.14 vs ROCO:1780: 23.43

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.

Allied Biotech's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was NT$0.935. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is NT$0.75 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Biotech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Allied Biotech'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.

* Premium members only.

Allied Biotech Cyclically Adjusted Price-to-FCF Chart

Allied Biotech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.54 40.96 37.17 26.18 21.70

Allied Biotech Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF 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 37.17 - 26.18 - 21.70

Competitive Comparison of Allied Biotech's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Allied Biotech'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.


Allied Biotech's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Allied Biotech's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Allied Biotech's Cyclically Adjusted Price-to-FCF falls into.



Allied Biotech 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.

Allied Biotech's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.75/0.75
=23.67

* 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.

Allied Biotech's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Allied Biotech's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.935/129.4194*129.4194
=0.935

Current CPI (Dec23) = 129.4194.

Allied Biotech Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.404 99.070 -0.528
201512 0.903 99.792 1.171
201612 1.120 101.863 1.423
201712 0.493 104.011 0.613
201812 1.222 105.998 1.492
201912 0.781 108.420 0.932
202012 0.028 109.897 0.033
202112 0.235 117.630 0.259
202212 1.144 125.222 1.182
202312 0.935 129.419 0.935

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.


Allied Biotech  (ROCO:1780) 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.


Allied Biotech Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Allied Biotech's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Allied Biotech (ROCO:1780) Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Tun Hua S. Road, Sec. 2, 12th Floor, Taipei, TWN
Allied Biotech Corp is a Taiwan based manufacturer of carotenoids. It manufactures carotenoid formulations for the food, supplement and feed industries. The company markets its products under the name Altratene.

Allied Biotech (ROCO:1780) Headlines

No Headlines