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Fulltech Fiber Glass (ROCO:1815) Cyclically Adjusted Price-to-FCF : 54.70 (As of Jun. 06, 2024)


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What is Fulltech Fiber Glass Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Fulltech Fiber Glass's current share price is NT$27.35. Fulltech Fiber Glass's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.50. Fulltech Fiber Glass's Cyclically Adjusted Price-to-FCF for today is 54.70.

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

ROCO:1815' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.3   Med: 37.07   Max: 99.63
Current: 51.15

During the past years, Fulltech Fiber Glass's highest Cyclically Adjusted Price-to-FCF was 99.63. The lowest was 13.30. And the median was 37.07.

ROCO:1815's Cyclically Adjusted Price-to-FCF is ranked worse than
68.81% of 965 companies
in the Hardware industry
Industry Median: 30.44 vs ROCO:1815: 51.15

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.

Fulltech Fiber Glass's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.588. 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$0.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fulltech Fiber Glass Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fulltech Fiber Glass'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.

Fulltech Fiber Glass Cyclically Adjusted Price-to-FCF Chart

Fulltech Fiber Glass 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 - 93.03 43.09 13.12 24.44

Fulltech Fiber Glass Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.92 16.95 23.05 24.44 36.98

Competitive Comparison of Fulltech Fiber Glass's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Fulltech Fiber Glass'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.


Fulltech Fiber Glass's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fulltech Fiber Glass's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fulltech Fiber Glass's Cyclically Adjusted Price-to-FCF falls into.



Fulltech Fiber Glass 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.

Fulltech Fiber Glass's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.35/0.5
=54.70

* 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.

Fulltech Fiber Glass's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fulltech Fiber Glass'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)
=-0.588/131.7762*131.7762
=-0.588

Current CPI (Mar. 2024) = 131.7762.

Fulltech Fiber Glass Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.333 100.560 0.436
201409 0.486 100.428 0.638
201412 0.106 99.070 0.141
201503 0.223 99.621 0.295
201506 0.386 100.684 0.505
201509 0.457 100.392 0.600
201512 0.830 99.792 1.096
201603 0.672 100.470 0.881
201606 0.461 101.688 0.597
201609 0.446 101.861 0.577
201612 0.193 101.863 0.250
201703 0.373 102.862 0.478
201706 0.622 103.349 0.793
201709 0.026 104.136 0.033
201712 -1.383 104.011 -1.752
201803 -0.287 105.290 -0.359
201806 -0.149 106.317 -0.185
201809 0.094 106.507 0.116
201812 -0.235 105.998 -0.292
201903 -0.304 107.251 -0.374
201906 -0.480 108.070 -0.585
201909 -0.677 108.329 -0.824
201912 -0.471 108.420 -0.572
202003 -0.372 108.902 -0.450
202006 0.178 108.767 0.216
202009 -0.399 109.815 -0.479
202012 0.085 109.897 0.102
202103 0.405 111.754 0.478
202106 0.640 114.631 0.736
202109 0.448 115.734 0.510
202112 0.456 117.630 0.511
202203 0.793 121.301 0.861
202206 1.058 125.017 1.115
202209 0.602 125.227 0.633
202212 0.148 125.222 0.156
202303 -0.373 127.348 -0.386
202306 -0.130 128.729 -0.133
202309 -0.361 129.860 -0.366
202312 -0.359 129.419 -0.366
202403 -0.588 131.776 -0.588

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.


Fulltech Fiber Glass  (ROCO:1815) 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.


Fulltech Fiber Glass Cyclically Adjusted Price-to-FCF Related Terms

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


Fulltech Fiber Glass (ROCO:1815) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 216, Dunhua South Road, Section 2, 28th Floor, Taipei, TWN
Fulltech Fiber Glass Corp is a company. It is engaged in the manufacturing and distribution of fiber glass yarns and fiber glass cloth. It provides electronic-grade fiber glass yarns, industrial fiber glass yarns and electronic-grade glass fiber cloth.

Fulltech Fiber Glass (ROCO:1815) Headlines

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