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GFC (ROCO:4506) Cyclically Adjusted Price-to-FCF : 23.63 (As of Jun. 20, 2024)


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What is GFC Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), GFC's current share price is NT$108.00. GFC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.57. GFC's Cyclically Adjusted Price-to-FCF for today is 23.63.

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

ROCO:4506' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.26   Med: 20.4   Max: 26.7
Current: 23.51

During the past years, GFC's highest Cyclically Adjusted Price-to-FCF was 26.70. The lowest was 17.26. And the median was 20.40.

ROCO:4506's Cyclically Adjusted Price-to-FCF is ranked better than
63.72% of 1031 companies
in the Industrial Products industry
Industry Median: 32.33 vs ROCO:4506: 23.51

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.

GFC's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.432. 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$4.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GFC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GFC'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.

GFC Cyclically Adjusted Price-to-FCF Chart

GFC 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 24.17 20.99 19.36 17.42 17.70

GFC 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 18.42 19.41 17.80 17.70 20.32

Competitive Comparison of GFC's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, GFC'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.


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

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

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



GFC 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=108.00/4.57
=23.63

* 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.

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

For example, GFC'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)
=-0.432/131.7762*131.7762
=-0.432

Current CPI (Mar. 2024) = 131.7762.

GFC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.008 100.560 1.321
201409 1.194 100.428 1.567
201412 1.536 99.070 2.043
201503 0.329 99.621 0.435
201506 0.790 100.684 1.034
201509 0.642 100.392 0.843
201512 1.417 99.792 1.871
201603 -2.397 100.470 -3.144
201606 0.975 101.688 1.263
201609 1.683 101.861 2.177
201612 1.328 101.863 1.718
201703 -0.847 102.862 -1.085
201706 1.503 103.349 1.916
201709 1.388 104.136 1.756
201712 0.304 104.011 0.385
201803 -0.918 105.290 -1.149
201806 1.040 106.317 1.289
201809 0.695 106.507 0.860
201812 2.124 105.998 2.641
201903 0.366 107.251 0.450
201906 1.898 108.070 2.314
201909 0.890 108.329 1.083
201912 1.946 108.420 2.365
202003 -0.735 108.902 -0.889
202006 0.937 108.767 1.135
202009 2.140 109.815 2.568
202012 1.992 109.897 2.389
202103 -0.615 111.754 -0.725
202106 1.368 114.631 1.573
202109 1.494 115.734 1.701
202112 2.854 117.630 3.197
202203 0.415 121.301 0.451
202206 1.617 125.017 1.704
202209 0.348 125.227 0.366
202212 2.108 125.222 2.218
202303 -0.138 127.348 -0.143
202306 2.399 128.729 2.456
202309 1.890 129.860 1.918
202312 2.240 129.419 2.281
202403 -0.432 131.776 -0.432

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.


GFC  (ROCO:4506) 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.


GFC Cyclically Adjusted Price-to-FCF Related Terms

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


GFC (ROCO:4506) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 88, Nanjing East Road, 13th Floor, Section 2, Taipei, TWN
GFC Ltd is engaged in providing services like elevators, escalators, vacuum elevators, nuva pneumatic, and others. The company's products are used in offices and factories, shopping malls, hotels, mansions, hospitals, and others. Its segment includes Sales; Maintenance and other. The company generates maximum revenue from the Sales segment.

GFC (ROCO:4506) Headlines

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