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Taiwan Kong King Co (ROCO:3093) Cyclically Adjusted Price-to-FCF : 23.53 (As of Jun. 14, 2024)


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What is Taiwan Kong King Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), Taiwan Kong King Co's current share price is NT$30.35. Taiwan Kong King Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.29. Taiwan Kong King Co's Cyclically Adjusted Price-to-FCF for today is 23.53.

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

ROCO:3093' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.31   Med: 24.2   Max: 45.24
Current: 23.74

During the past years, Taiwan Kong King Co's highest Cyclically Adjusted Price-to-FCF was 45.24. The lowest was 10.31. And the median was 24.20.

ROCO:3093's Cyclically Adjusted Price-to-FCF is ranked better than
59.01% of 966 companies
in the Hardware industry
Industry Median: 29.745 vs ROCO:3093: 23.74

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 Kong King Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.695. 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$1.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Kong King Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taiwan Kong King 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 Kong King Co Cyclically Adjusted Price-to-FCF Chart

Taiwan Kong King 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 11.75 17.35 25.97 22.40 24.52

Taiwan Kong King 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 32.62 30.92 25.71 24.52 23.78

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

For the Electronic Components subindustry, Taiwan Kong King 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 Kong King Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taiwan Kong King Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.35/1.29
=23.53

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

For example, Taiwan Kong King 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)
=-0.695/131.7762*131.7762
=-0.695

Current CPI (Mar. 2024) = 131.7762.

Taiwan Kong King Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.075 100.560 0.098
201409 0.231 100.428 0.303
201412 0.083 99.070 0.110
201503 0.301 99.621 0.398
201506 0.151 100.684 0.198
201509 0.031 100.392 0.041
201512 0.699 99.792 0.923
201603 0.009 100.470 0.012
201606 -0.195 101.688 -0.253
201609 -0.141 101.861 -0.182
201612 0.279 101.863 0.361
201703 0.265 102.862 0.339
201706 -0.049 103.349 -0.062
201709 -0.018 104.136 -0.023
201712 0.106 104.011 0.134
201803 0.088 105.290 0.110
201806 0.747 106.317 0.926
201809 -0.480 106.507 -0.594
201812 0.262 105.998 0.326
201903 0.055 107.251 0.068
201906 -0.295 108.070 -0.360
201909 -0.561 108.329 -0.682
201912 1.267 108.420 1.540
202003 0.035 108.902 0.042
202006 -0.099 108.767 -0.120
202009 0.169 109.815 0.203
202012 1.559 109.897 1.869
202103 -0.134 111.754 -0.158
202106 0.463 114.631 0.532
202109 0.199 115.734 0.227
202112 1.973 117.630 2.210
202203 0.782 121.301 0.850
202206 -0.537 125.017 -0.566
202209 2.182 125.227 2.296
202212 1.044 125.222 1.099
202303 -0.266 127.348 -0.275
202306 0.117 128.729 0.120
202309 0.833 129.860 0.845
202312 0.645 129.419 0.657
202403 -0.695 131.776 -0.695

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 Kong King Co  (ROCO:3093) 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 Kong King Co Cyclically Adjusted Price-to-FCF Related Terms

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Taiwan Kong King Co (ROCO:3093) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5F.-1, No.66, Nan Kan Road, Sec. 2, Luzhu District, Taoyuan, TWN, 338
Taiwan Kong King Co Ltd is an agent for electronics-related manufacturers in Taiwan and China. The company's products include PCB, SMT, semiconductor, solar, LED, optoelectronic communication, and chemical material, and also provides equipment technical services. The company operates in four segments; Customer Service Segment, Electronics Segment, PCB Segment, and Production Segment. PCB segment involves marketing for PCB equipment and materials, market research, business activities, market development plans, and implementation and contributes to the majority of the company's revenue.

Taiwan Kong King Co (ROCO:3093) Headlines

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