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Ways Technical (ROCO:3508) Cyclically Adjusted Price-to-FCF : (As of Jun. 13, 2024)


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What is Ways Technical Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ways Technical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ways Technical'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.

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Ways Technical Cyclically Adjusted Price-to-FCF Chart

Ways Technical 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 44.89 108.78 - - -

Ways Technical 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 - - - - -

Competitive Comparison of Ways Technical's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Ways Technical'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.


Ways Technical's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ways Technical's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ways Technical 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.

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

For example, Ways Technical'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)
=-0.341/131.7762*131.7762
=-0.341

Current CPI (Mar. 2024) = 131.7762.

Ways Technical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -5.569 100.560 -7.298
201409 0.121 100.428 0.159
201412 -4.123 99.070 -5.484
201503 -1.044 99.621 -1.381
201506 -1.623 100.684 -2.124
201509 1.541 100.392 2.023
201512 0.005 99.792 0.007
201603 0.062 100.470 0.081
201606 -0.400 101.688 -0.518
201609 -0.335 101.861 -0.433
201612 -0.899 101.863 -1.163
201703 3.110 102.862 3.984
201706 5.721 103.349 7.295
201709 -3.703 104.136 -4.686
201712 -1.580 104.011 -2.002
201803 0.458 105.290 0.573
201806 -0.127 106.317 -0.157
201809 0.385 106.507 0.476
201812 -1.511 105.998 -1.878
201903 -0.069 107.251 -0.085
201906 -0.111 108.070 -0.135
201909 -0.577 108.329 -0.702
201912 -1.010 108.420 -1.228
202003 0.959 108.902 1.160
202006 -0.493 108.767 -0.597
202009 -7.756 109.815 -9.307
202012 -0.464 109.897 -0.556
202103 0.085 111.754 0.100
202106 -0.762 114.631 -0.876
202109 -0.274 115.734 -0.312
202112 -0.763 117.630 -0.855
202203 0.819 121.301 0.890
202206 -0.152 125.017 -0.160
202209 0.956 125.227 1.006
202212 -0.226 125.222 -0.238
202303 0.115 127.348 0.119
202306 -0.320 128.729 -0.328
202309 -0.055 129.860 -0.056
202312 -0.758 129.419 -0.772
202403 -0.341 131.776 -0.341

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.


Ways Technical  (ROCO:3508) 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.


Ways Technical Cyclically Adjusted Price-to-FCF Related Terms

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Ways Technical (ROCO:3508) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 26, Gaoqing Road, Yangmei District, Taoyuan, TWN
Ways Technical Corp is a Taiwan-based company engaged in the manufacture of plastic daily necessities, surface treatment, electronic parts, and components manufacturing and processing. Its geographical segment includes Taiwan and China, business groups. The majority of the revenue comes from the Taiwan business group.

Ways Technical (ROCO:3508) Headlines

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