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Chernan Metal Industrial (ROCO:3631) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is Chernan Metal Industrial Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chernan Metal Industrial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chernan Metal Industrial'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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Chernan Metal Industrial Cyclically Adjusted Price-to-FCF Chart

Chernan Metal Industrial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Chernan Metal Industrial Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Chernan Metal Industrial's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Chernan Metal Industrial'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.


Chernan Metal Industrial's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Chernan Metal Industrial's Cyclically Adjusted Price-to-FCF falls into.



Chernan Metal Industrial 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.

Chernan Metal Industrial's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Chernan Metal Industrial's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.218/132.5538*132.5538
=-0.218

Current CPI (Jun. 2024) = 132.5538.

Chernan Metal Industrial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.577 100.428 0.762
201412 0.606 99.070 0.811
201503 0.012 99.621 0.016
201506 0.940 100.684 1.238
201509 0.376 100.392 0.496
201512 0.614 99.792 0.816
201603 0.122 100.470 0.161
201606 -0.150 101.688 -0.196
201609 -0.009 101.861 -0.012
201612 0.314 101.863 0.409
201703 0.020 102.862 0.026
201706 -0.157 103.349 -0.201
201709 -0.913 104.136 -1.162
201712 0.387 104.011 0.493
201803 0.850 105.290 1.070
201806 -0.224 106.317 -0.279
201809 -0.066 106.507 -0.082
201812 -0.472 105.998 -0.590
201903 1.365 107.251 1.687
201906 -0.730 108.070 -0.895
201909 1.324 108.329 1.620
201912 -2.227 108.420 -2.723
202003 -1.072 108.902 -1.305
202006 -1.277 108.767 -1.556
202009 1.442 109.815 1.741
202012 -3.195 109.897 -3.854
202103 -2.639 111.754 -3.130
202106 0.433 114.631 0.501
202109 -0.856 115.734 -0.980
202112 -1.240 117.630 -1.397
202203 0.090 121.301 0.098
202206 1.906 125.017 2.021
202209 -4.405 125.227 -4.663
202212 -0.551 125.222 -0.583
202303 -0.671 127.348 -0.698
202306 -0.341 128.729 -0.351
202309 -0.928 129.860 -0.947
202312 -0.012 129.419 -0.012
202403 -0.498 131.776 -0.501
202406 -0.218 132.554 -0.218

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.


Chernan Metal Industrial  (ROCO:3631) 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.


Chernan Metal Industrial Cyclically Adjusted Price-to-FCF Related Terms

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Chernan Metal Industrial Business Description

Traded in Other Exchanges
N/A
Address
No. 161, Sec. 1, Wanshou Road, 18th Floor-1, Guishan Township, Taoyuan, TWN
Chernan Metal Industrial Corp manufactures and sells tin and soldering products. The Group's reportable segments are divided into two parts, the domestic segment, and the overseas segment. The domestic business mainly manufactures and sells soldering products and trades semiconductor products. The overseas business mainly manufactures and sells soldered products.

Chernan Metal Industrial Headlines

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