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Taiwan Taxi Co (ROCO:2640) Cyclically Adjusted Price-to-FCF : 25.64 (As of May. 28, 2024)


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

As of today (2024-05-28), Taiwan Taxi Co's current share price is NT$121.00. Taiwan Taxi Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.72. Taiwan Taxi Co's Cyclically Adjusted Price-to-FCF for today is 25.64.

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

ROCO:2640' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.53   Med: 24.56   Max: 35.66
Current: 25.44

During the past years, Taiwan Taxi Co's highest Cyclically Adjusted Price-to-FCF was 35.66. The lowest was 20.53. And the median was 24.56.

ROCO:2640's Cyclically Adjusted Price-to-FCF is ranked worse than
62.14% of 420 companies
in the Transportation industry
Industry Median: 18.045 vs ROCO:2640: 25.44

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.

Taiwan Taxi Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$3.141. 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$4.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for Taiwan Taxi 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.

Taiwan Taxi Co Cyclically Adjusted Price-to-FCF Chart

Taiwan Taxi Co 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 - 24.38 24.13 23.06 25.68

Taiwan Taxi Co 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 28.65 26.96 25.42 25.68 25.02

Competitive Comparison of Taiwan Taxi Co's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, Taiwan Taxi 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 Taxi Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Taiwan Taxi Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Taiwan Taxi 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 Taxi Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=121.00/4.72
=25.64

* 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.

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

For example, Taiwan Taxi 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)
=3.141/131.7762*131.7762
=3.141

Current CPI (Mar. 2024) = 131.7762.

Taiwan Taxi Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.902 100.560 -2.492
201409 -0.690 100.428 -0.905
201412 0.399 99.070 0.531
201503 0.519 99.621 0.687
201506 -0.645 100.684 -0.844
201509 -0.546 100.392 -0.717
201512 -0.284 99.792 -0.375
201603 -0.057 100.470 -0.075
201606 0.920 101.688 1.192
201609 0.329 101.861 0.426
201612 1.515 101.863 1.960
201703 2.361 102.862 3.025
201706 0.328 103.349 0.418
201709 1.026 104.136 1.298
201712 1.564 104.011 1.981
201803 1.121 105.290 1.403
201806 1.543 106.317 1.912
201809 -4.480 106.507 -5.543
201812 1.208 105.998 1.502
201903 4.094 107.251 5.030
201906 1.692 108.070 2.063
201909 2.584 108.329 3.143
201912 2.955 108.420 3.592
202003 0.751 108.902 0.909
202006 0.838 108.767 1.015
202009 1.636 109.815 1.963
202012 2.508 109.897 3.007
202103 0.870 111.754 1.026
202106 -0.735 114.631 -0.845
202109 1.606 115.734 1.829
202112 2.810 117.630 3.148
202203 1.405 121.301 1.526
202206 1.387 125.017 1.462
202209 3.157 125.227 3.322
202212 -0.125 125.222 -0.132
202303 0.949 127.348 0.982
202306 1.778 128.729 1.820
202309 2.425 129.860 2.461
202312 1.295 129.419 1.319
202403 3.141 131.776 3.141

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 Taxi Co  (ROCO:2640) 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 Taxi Co Cyclically Adjusted Price-to-FCF Related Terms

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


Taiwan Taxi Co (ROCO:2640) Business Description

Traded in Other Exchanges
N/A
Address
Chang'an East Road, Zhongshan District, 2nd Floor, No. 162, Section 2, Taipei City, TWN, 241
Taiwan Taxi Co Ltd Inc is a platform peripheral sales and service activities derived from the platform, which are divided into product sales and labor services and information media. The company is engaged in providing taxi passengers cars with drivers. It provides taxi services around Taiwan.

Taiwan Taxi Co (ROCO:2640) Headlines

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