GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chung Lien Co Ltd (ROCO:5604) » Definitions » Cyclically Adjusted Price-to-FCF

Chung Lien Co (ROCO:5604) Cyclically Adjusted Price-to-FCF : 121.47 (As of Jun. 13, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Chung Lien Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Chung Lien Co's current share price is NT$41.30. Chung Lien Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.34. Chung Lien Co's Cyclically Adjusted Price-to-FCF for today is 121.47.

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

ROCO:5604' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 60.54   Med: 124.22   Max: 211.74
Current: 121.97

During the past years, Chung Lien Co's highest Cyclically Adjusted Price-to-FCF was 211.74. The lowest was 60.54. And the median was 124.22.

ROCO:5604's Cyclically Adjusted Price-to-FCF is ranked worse than
92.31% of 429 companies
in the Transportation industry
Industry Median: 17.72 vs ROCO:5604: 121.97

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.

Chung Lien Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.291. 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$0.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chung Lien Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chung Lien 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.

Chung Lien Co Cyclically Adjusted Price-to-FCF Chart

Chung Lien 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 61.06 135.71 203.81 132.27 135.34

Chung Lien 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 112.89 111.09 117.44 135.34 122.26

Competitive Comparison of Chung Lien Co's Cyclically Adjusted Price-to-FCF

For the Trucking subindustry, Chung Lien 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.


Chung Lien Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chung Lien Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Chung Lien 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.

Chung Lien Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=41.30/0.34
=121.47

* 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.

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

For example, Chung Lien 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)
=0.291/131.7762*131.7762
=0.291

Current CPI (Mar. 2024) = 131.7762.

Chung Lien Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.135 100.560 0.177
201409 0.069 100.428 0.091
201412 0.266 99.070 0.354
201503 0.119 99.621 0.157
201506 0.208 100.684 0.272
201509 0.969 100.392 1.272
201512 -0.532 99.792 -0.703
201603 -0.294 100.470 -0.386
201606 0.163 101.688 0.211
201609 -0.123 101.861 -0.159
201612 -0.117 101.863 -0.151
201703 -0.123 102.862 -0.158
201706 0.076 103.349 0.097
201709 0.264 104.136 0.334
201712 -0.071 104.011 -0.090
201803 -1.956 105.290 -2.448
201806 -1.274 106.317 -1.579
201809 1.430 106.507 1.769
201812 2.479 105.998 3.082
201903 -0.854 107.251 -1.049
201906 -0.982 108.070 -1.197
201909 -1.924 108.329 -2.340
201912 0.846 108.420 1.028
202003 0.066 108.902 0.080
202006 0.228 108.767 0.276
202009 0.437 109.815 0.524
202012 0.129 109.897 0.155
202103 0.247 111.754 0.291
202106 0.280 114.631 0.322
202109 0.157 115.734 0.179
202112 0.218 117.630 0.244
202203 0.304 121.301 0.330
202206 0.317 125.017 0.334
202209 0.330 125.227 0.347
202212 0.251 125.222 0.264
202303 0.296 127.348 0.306
202306 0.309 128.729 0.316
202309 0.345 129.860 0.350
202312 0.196 129.419 0.200
202403 0.291 131.776 0.291

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.


Chung Lien Co  (ROCO:5604) 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.


Chung Lien Co Cyclically Adjusted Price-to-FCF Related Terms

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


Chung Lien Co (ROCO:5604) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 7, Gongyequ 1ST Road, Xitun District, Taichung, TWN, 407018
Chung Lien Co Ltd formerly Chung Lien Transportation Co Ltd provides door-to-door motor freight transportation service to customers in Taiwan. It provides truckload service, cross-docking, assembly, labeling, packaging, truckload, and warehousing services.

Chung Lien Co (ROCO:5604) Headlines

No Headlines