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Sheh Kai Precision Co (ROCO:2063) Cyclically Adjusted Price-to-FCF : 25.12 (As of May. 17, 2024)


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What is Sheh Kai Precision Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Sheh Kai Precision Co's current share price is NT$54.00. Sheh Kai Precision Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.15. Sheh Kai Precision Co's Cyclically Adjusted Price-to-FCF for today is 25.12.

The historical rank and industry rank for Sheh Kai Precision Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:2063' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.1   Med: 38.33   Max: 72.18
Current: 25.17

During the past years, Sheh Kai Precision Co's highest Cyclically Adjusted Price-to-FCF was 72.18. The lowest was 24.10. And the median was 38.33.

ROCO:2063's Cyclically Adjusted Price-to-FCF is ranked better than
61.96% of 1033 companies
in the Industrial Products industry
Industry Median: 33.75 vs ROCO:2063: 25.17

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.

Sheh Kai Precision Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.303. 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$2.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sheh Kai Precision Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sheh Kai Precision 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.

* Premium members only.

Sheh Kai Precision Co Cyclically Adjusted Price-to-FCF Chart

Sheh Kai Precision Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 62.10 32.30 51.86 39.09

Sheh Kai Precision Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 39.09 28.12 28.30 24.23 24.84

Competitive Comparison of Sheh Kai Precision Co's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Sheh Kai Precision 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.


Sheh Kai Precision Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sheh Kai Precision Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sheh Kai Precision Co's Cyclically Adjusted Price-to-FCF falls into.



Sheh Kai Precision 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.

Sheh Kai Precision Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=54.00/2.15
=25.12

* 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.

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

For example, Sheh Kai Precision 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)
=0.303/131.7762*131.7762
=0.303

Current CPI (Mar. 2024) = 131.7762.

Sheh Kai Precision Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.501 99.695 -0.662
201406 -0.845 100.560 -1.107
201409 0.463 100.428 0.608
201412 0.397 99.070 0.528
201503 -0.194 99.621 -0.257
201506 -0.602 100.684 -0.788
201509 0.499 100.392 0.655
201512 0.698 99.792 0.922
201603 -0.419 100.470 -0.550
201606 -1.005 101.688 -1.302
201609 -0.003 101.861 -0.004
201612 0.339 101.863 0.439
201703 -0.434 102.862 -0.556
201706 -0.329 103.349 -0.419
201709 -0.348 104.136 -0.440
201712 -0.043 104.011 -0.054
201803 0.540 105.290 0.676
201806 -0.030 106.317 -0.037
201809 0.618 106.507 0.765
201812 1.041 105.998 1.294
201903 1.127 107.251 1.385
201906 1.283 108.070 1.564
201909 0.427 108.329 0.519
201912 1.088 108.420 1.322
202003 0.884 108.902 1.070
202006 1.275 108.767 1.545
202009 0.841 109.815 1.009
202012 1.132 109.897 1.357
202103 -0.942 111.754 -1.111
202106 -0.741 114.631 -0.852
202109 -1.051 115.734 -1.197
202112 1.336 117.630 1.497
202203 1.239 121.301 1.346
202206 0.260 125.017 0.274
202209 1.708 125.227 1.797
202212 2.413 125.222 2.539
202303 1.629 127.348 1.686
202306 1.890 128.729 1.935
202309 3.781 129.860 3.837
202403 0.303 131.776 0.303

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.


Sheh Kai Precision Co  (ROCO:2063) 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.


Sheh Kai Precision Co Cyclically Adjusted Price-to-FCF Related Terms

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Sheh Kai Precision Co (ROCO:2063) Business Description

Traded in Other Exchanges
N/A
Address
No.1,BenGong 1st Road, Gangshan Dist, Kaohsiung, TWN, 82059
Sheh Kai Precision Co Ltd is a manufacturer of stainless steel and alloy steel composite screws and composite bolts in Taiwan. Its products include SDS PLUS Hammer Drill Bit, Screw Anchors, Bi-metals, cement thread anchors, Power tool accessories, and other products.

Sheh Kai Precision Co (ROCO:2063) Headlines

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