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Kenly Precision Industrial Co (ROCO:5383) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is Kenly Precision Industrial Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kenly Precision Industrial Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kenly Precision Industrial 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.

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Kenly Precision Industrial Co Cyclically Adjusted Price-to-FCF Chart

Kenly Precision Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Kenly Precision Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Kenly Precision Industrial Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Kenly Precision Industrial 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.


Kenly Precision Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kenly Precision Industrial Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kenly Precision Industrial 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.

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

For example, Kenly Precision Industrial 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)
=-0.863/131.7762*131.7762
=-0.863

Current CPI (Mar. 2024) = 131.7762.

Kenly Precision Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.359 100.560 -0.470
201409 0.250 100.428 0.328
201412 -0.147 99.070 -0.196
201503 -0.146 99.621 -0.193
201506 -0.278 100.684 -0.364
201509 0.089 100.392 0.117
201512 -0.489 99.792 -0.646
201603 -1.224 100.470 -1.605
201606 -1.081 101.688 -1.401
201609 -0.765 101.861 -0.990
201612 -0.424 101.863 -0.549
201703 0.937 102.862 1.200
201706 -0.673 103.349 -0.858
201709 -0.777 104.136 -0.983
201712 0.501 104.011 0.635
201803 -0.115 105.290 -0.144
201806 0.565 106.317 0.700
201809 -1.549 106.507 -1.917
201812 0.670 105.998 0.833
201903 -0.004 107.251 -0.005
201906 -0.283 108.070 -0.345
201909 -0.651 108.329 -0.792
201912 0.533 108.420 0.648
202003 0.672 108.902 0.813
202006 -0.702 108.767 -0.851
202009 -0.438 109.815 -0.526
202012 -0.328 109.897 -0.393
202103 0.115 111.754 0.136
202106 -0.192 114.631 -0.221
202109 -0.981 115.734 -1.117
202112 0.124 117.630 0.139
202203 -1.151 121.301 -1.250
202206 -0.581 125.017 -0.612
202209 0.256 125.227 0.269
202212 0.715 125.222 0.752
202303 -0.746 127.348 -0.772
202306 0.508 128.729 0.520
202309 -0.197 129.860 -0.200
202312 0.589 129.419 0.600
202403 -0.863 131.776 -0.863

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.


Kenly Precision Industrial Co  (ROCO:5383) 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.


Kenly Precision Industrial Co Cyclically Adjusted Price-to-FCF Related Terms

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Kenly Precision Industrial Co (ROCO:5383) Business Description

Traded in Other Exchanges
N/A
Address
No.4 Industrial 5th road, Ping Chen Industrail District, Ping-Cheng City, Taoyuan Hsien, TWN
Kenly Precision Industrial Co Ltd is a manufacturer of precision machine tools in Taiwan. Its manufacturing processes include stamping, electroplating, and plastic mold injection, with products covering applications of semiconductor, photoelectric, and electronic components.

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