GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gloria Material Technology Corp (ROCO:5009) » Definitions » Cyclically Adjusted Price-to-FCF

Gloria Material Technology (ROCO:5009) Cyclically Adjusted Price-to-FCF : 205.20 (As of Jun. 10, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Gloria Material Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Gloria Material Technology's current share price is NT$51.30. Gloria Material Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.25. Gloria Material Technology's Cyclically Adjusted Price-to-FCF for today is 205.20.

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

ROCO:5009' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 48.24   Med: 216.82   Max: 1630
Current: 203.52

During the past years, Gloria Material Technology's highest Cyclically Adjusted Price-to-FCF was 1630.00. The lowest was 48.24. And the median was 216.82.

ROCO:5009's Cyclically Adjusted Price-to-FCF is ranked worse than
96.62% of 266 companies
in the Steel industry
Industry Median: 13.34 vs ROCO:5009: 203.52

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.

Gloria Material Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.230. 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$0.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gloria Material Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gloria Material Technology'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.

Gloria Material Technology Cyclically Adjusted Price-to-FCF Chart

Gloria Material Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 94.01 165.78 196.61

Gloria Material Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 196.61 309.48 379.29 203.61 195.58

Competitive Comparison of Gloria Material Technology's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Gloria Material Technology'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.


Gloria Material Technology's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Gloria Material Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Gloria Material Technology 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.

Gloria Material Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=51.30/0.25
=205.20

* 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.

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

For example, Gloria Material Technology'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)
=0.23/131.7762*131.7762
=0.230

Current CPI (Mar. 2024) = 131.7762.

Gloria Material Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.237 99.695 -0.313
201406 -0.893 100.560 -1.170
201409 -0.684 100.428 -0.898
201412 1.239 99.070 1.648
201503 0.029 99.621 0.038
201506 1.088 100.684 1.424
201509 1.269 100.392 1.666
201512 2.509 99.792 3.313
201603 0.965 100.470 1.266
201606 -0.458 101.688 -0.594
201609 -0.085 101.861 -0.110
201612 0.358 101.863 0.463
201703 -0.408 102.862 -0.523
201706 -0.259 103.349 -0.330
201709 0.629 104.136 0.796
201712 -0.480 104.011 -0.608
201803 -0.410 105.290 -0.513
201806 -0.982 106.317 -1.217
201809 -0.820 106.507 -1.015
201812 -0.084 105.998 -0.104
201903 -0.052 107.251 -0.064
201906 -0.410 108.070 -0.500
201909 0.091 108.329 0.111
201912 0.736 108.420 0.895
202003 -0.478 108.902 -0.578
202006 -0.209 108.767 -0.253
202009 0.085 109.815 0.102
202012 0.505 109.897 0.606
202103 -0.680 111.754 -0.802
202106 -0.688 114.631 -0.791
202109 -1.414 115.734 -1.610
202112 0.184 117.630 0.206
202203 -0.799 121.301 -0.868
202206 -0.692 125.017 -0.729
202209 1.443 125.227 1.518
202212 1.371 125.222 1.443
202303 -0.511 127.348 -0.529
202306 -0.304 128.729 -0.311
202309 1.209 129.860 1.227
202403 0.230 131.776 0.230

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.


Gloria Material Technology  (ROCO:5009) 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.


Gloria Material Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Gloria Material Technology (ROCO:5009) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Xinzhong Road, Xinying District, Tainan, TWN
Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy and smelting of the raw materials of these products. GMTC provides various quality materials at such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials and Quenched-Tempered Steel and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include cold work tool steel, hot work tool steel, and carbon tool steel.

Gloria Material Technology (ROCO:5009) Headlines

No Headlines