GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Munsin Garment Corp (ROCO:2916) » Definitions » Cyclically Adjusted Price-to-FCF

Munsin Garment (ROCO:2916) Cyclically Adjusted Price-to-FCF : 41.29 (As of Jun. 08, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Munsin Garment Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Munsin Garment's current share price is NT$60.70. Munsin Garment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.47. Munsin Garment's Cyclically Adjusted Price-to-FCF for today is 41.29.

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

ROCO:2916' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.36   Med: 15.18   Max: 40.43
Current: 40.38

During the past years, Munsin Garment's highest Cyclically Adjusted Price-to-FCF was 40.43. The lowest was 10.36. And the median was 15.18.

ROCO:2916's Cyclically Adjusted Price-to-FCF is ranked worse than
72.25% of 364 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.39 vs ROCO:2916: 40.38

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.

Munsin Garment's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.621. 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$1.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Munsin Garment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Munsin Garment'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.

Munsin Garment Cyclically Adjusted Price-to-FCF Chart

Munsin Garment 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 13.07 14.13 16.01 13.39 32.41

Munsin Garment 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 16.73 26.98 23.70 32.41 41.38

Competitive Comparison of Munsin Garment's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Munsin Garment'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.


Munsin Garment's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Munsin Garment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Munsin Garment 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.

Munsin Garment's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=60.70/1.47
=41.29

* 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.

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

For example, Munsin Garment'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)
=1.621/131.7762*131.7762
=1.621

Current CPI (Mar. 2024) = 131.7762.

Munsin Garment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.475 100.560 1.933
201409 -1.878 100.428 -2.464
201412 0.240 99.070 0.319
201503 1.316 99.621 1.741
201506 0.878 100.684 1.149
201509 -1.351 100.392 -1.773
201512 -0.145 99.792 -0.191
201603 -0.038 100.470 -0.050
201606 1.330 101.688 1.724
201609 -1.270 101.861 -1.643
201612 0.071 101.863 0.092
201703 1.566 102.862 2.006
201706 0.819 103.349 1.044
201709 -1.342 104.136 -1.698
201712 0.155 104.011 0.196
201803 1.422 105.290 1.780
201806 1.033 106.317 1.280
201809 -1.062 106.507 -1.314
201812 -0.413 105.998 -0.513
201903 -0.177 107.251 -0.217
201906 1.947 108.070 2.374
201909 -0.877 108.329 -1.067
201912 -0.085 108.420 -0.103
202003 2.170 108.902 2.626
202006 -0.640 108.767 -0.775
202009 -0.002 109.815 -0.002
202012 0.984 109.897 1.180
202103 1.815 111.754 2.140
202106 1.545 114.631 1.776
202109 -2.917 115.734 -3.321
202112 0.731 117.630 0.819
202203 2.654 121.301 2.883
202206 0.486 125.017 0.512
202209 0.122 125.227 0.128
202212 -0.086 125.222 -0.091
202303 3.468 127.348 3.589
202306 0.009 128.729 0.009
202309 -0.313 129.860 -0.318
202312 -2.670 129.419 -2.719
202403 1.621 131.776 1.621

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.


Munsin Garment  (ROCO:2916) 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.


Munsin Garment Cyclically Adjusted Price-to-FCF Related Terms

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


Munsin Garment (ROCO:2916) Business Description

Traded in Other Exchanges
N/A
Address
NO.18, Wu-Chuan 6 Road, Wu-Gu District, New Taipei City, TWN
Munsin Garment Corp manufactures and trades garments knitwear. The company provides men's and women's apparels under brands named Munsingwear, Mcgregor, Eminento, NARA and Hazzys, among others.

Munsin Garment (ROCO:2916) Headlines

No Headlines