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Chaheng Precision Co (ROCO:4546) Cyclically Adjusted Price-to-FCF : 92.30 (As of Sep. 22, 2024)


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What is Chaheng Precision Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-22), Chaheng Precision Co's current share price is NT$92.30. Chaheng Precision Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was NT$1.00. Chaheng Precision Co's Cyclically Adjusted Price-to-FCF for today is 92.30.

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

ROCO:4546' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 77.9   Med: 155.7   Max: 196
Current: 92.69

During the past 13 years, Chaheng Precision Co's highest Cyclically Adjusted Price-to-FCF was 196.00. The lowest was 77.90. And the median was 155.70.

ROCO:4546's Cyclically Adjusted Price-to-FCF is ranked worse than
75.79% of 95 companies
in the Aerospace & Defense industry
Industry Median: 34.09 vs ROCO:4546: 92.69

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.

Chaheng Precision Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was NT$0.948. 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$1.00 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chaheng Precision Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chaheng Precision 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.

Chaheng Precision Co Cyclically Adjusted Price-to-FCF Chart

Chaheng Precision 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 - - - 140.00 89.80

Chaheng Precision Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 140.00 - 89.80 -

Competitive Comparison of Chaheng Precision Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Chaheng Precision 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.


Chaheng Precision Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Chaheng Precision Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Chaheng Precision 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.

Chaheng Precision Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=92.30/1
=92.30

* 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.

Chaheng Precision Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Chaheng Precision Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.948/129.4194*129.4194
=0.948

Current CPI (Dec23) = 129.4194.

Chaheng Precision Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -6.051 99.070 -7.905
201512 5.078 99.792 6.586
201612 0.982 101.863 1.248
201712 7.958 104.011 9.902
201812 -4.402 105.998 -5.375
201912 4.607 108.420 5.499
202012 -8.745 109.897 -10.299
202112 7.211 117.630 7.934
202212 1.436 125.222 1.484
202312 0.948 129.419 0.948

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.


Chaheng Precision Co  (ROCO:4546) 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.


Chaheng Precision Co Cyclically Adjusted Price-to-FCF Related Terms

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Chaheng Precision Co Business Description

Traded in Other Exchanges
N/A
Address
No.9, Luke 10th Road, Luzhu District, Kaohsiung, TWN, 821
Chaheng Precision Co Ltd is a Taiwan based manufacturer of aero engine components. Its products include precision equipment, airplane engine, Aero-engine Fan Blade, Aero-engine compressor, OGV diffuser, Aero-engine combustor, and other Products.

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