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Shieh Yih Machinery Industry Co (ROCO:4533) Cyclically Adjusted Price-to-FCF : 62.84 (As of May. 31, 2024)


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What is Shieh Yih Machinery Industry Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), Shieh Yih Machinery Industry Co's current share price is NT$50.90. Shieh Yih Machinery Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.81. Shieh Yih Machinery Industry Co's Cyclically Adjusted Price-to-FCF for today is 62.84.

The historical rank and industry rank for Shieh Yih Machinery Industry Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:4533' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.32   Med: 15.58   Max: 54.28
Current: 54.28

During the past years, Shieh Yih Machinery Industry Co's highest Cyclically Adjusted Price-to-FCF was 54.28. The lowest was 10.32. And the median was 15.58.

ROCO:4533's Cyclically Adjusted Price-to-FCF is ranked worse than
67.63% of 1035 companies
in the Industrial Products industry
Industry Median: 32.99 vs ROCO:4533: 54.28

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.

Shieh Yih Machinery Industry Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.031. 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$0.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shieh Yih Machinery Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shieh Yih Machinery Industry 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.

Shieh Yih Machinery Industry Co Cyclically Adjusted Price-to-FCF Chart

Shieh Yih Machinery Industry 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 15.82 14.77 11.24 14.78 36.19

Shieh Yih Machinery Industry 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 20.07 40.22 31.40 36.19 33.72

Competitive Comparison of Shieh Yih Machinery Industry Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Shieh Yih Machinery Industry 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.


Shieh Yih Machinery Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shieh Yih Machinery Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Shieh Yih Machinery Industry 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.

Shieh Yih Machinery Industry Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=50.90/0.81
=62.84

* 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.

Shieh Yih Machinery Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shieh Yih Machinery Industry 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)
=0.031/131.7762*131.7762
=0.031

Current CPI (Mar. 2024) = 131.7762.

Shieh Yih Machinery Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.482 100.560 -0.632
201409 -0.185 100.428 -0.243
201412 -1.313 99.070 -1.746
201503 -1.004 99.621 -1.328
201506 3.984 100.684 5.214
201509 -0.480 100.392 -0.630
201512 1.080 99.792 1.426
201603 0.029 100.470 0.038
201606 -0.507 101.688 -0.657
201609 0.307 101.861 0.397
201612 -0.432 101.863 -0.559
201703 -0.582 102.862 -0.746
201706 1.072 103.349 1.367
201709 -1.195 104.136 -1.512
201712 0.171 104.011 0.217
201803 0.085 105.290 0.106
201806 3.330 106.317 4.127
201809 -0.017 106.507 -0.021
201812 -0.173 105.998 -0.215
201903 -0.729 107.251 -0.896
201906 -0.444 108.070 -0.541
201909 1.202 108.329 1.462
201912 0.661 108.420 0.803
202003 -1.498 108.902 -1.813
202006 0.930 108.767 1.127
202009 1.392 109.815 1.670
202012 1.527 109.897 1.831
202103 -0.782 111.754 -0.922
202106 0.966 114.631 1.110
202109 0.081 115.734 0.092
202112 -0.147 117.630 -0.165
202203 -1.709 121.301 -1.857
202206 0.324 125.017 0.342
202209 1.120 125.227 1.179
202212 -0.243 125.222 -0.256
202303 -0.548 127.348 -0.567
202306 -0.248 128.729 -0.254
202309 0.919 129.860 0.933
202312 0.134 129.419 0.136
202403 0.031 131.776 0.031

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.


Shieh Yih Machinery Industry Co  (ROCO:4533) 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.


Shieh Yih Machinery Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Shieh Yih Machinery Industry Co (ROCO:4533) Business Description

Traded in Other Exchanges
N/A
Address
No.446, Nanshang Road, Guishan District, Taoyuan, TWN, 333014
Shieh Yih Machinery Industry Co Ltd designs, develops, manufactures, and sells machinery, and provides IT software services and other design services. The company derives the majority of its revenue from sales of equipment. Its products comprise of Straight Side Mechanical Press, Servo Press, and link mechanical press, among others.

Shieh Yih Machinery Industry Co (ROCO:4533) Headlines

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