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KenMec Mechanical Engineering Co (ROCO:6125) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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What is KenMec Mechanical Engineering Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


KenMec Mechanical Engineering Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KenMec Mechanical Engineering 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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KenMec Mechanical Engineering Co Cyclically Adjusted Price-to-FCF Chart

KenMec Mechanical Engineering Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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KenMec Mechanical Engineering 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 KenMec Mechanical Engineering Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, KenMec Mechanical Engineering 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.


KenMec Mechanical Engineering Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KenMec Mechanical Engineering Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where KenMec Mechanical Engineering Co's Cyclically Adjusted Price-to-FCF falls into.



KenMec Mechanical Engineering 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.

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

For example, KenMec Mechanical Engineering 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)
=-0.899/131.7762*131.7762
=-0.899

Current CPI (Mar. 2024) = 131.7762.

KenMec Mechanical Engineering Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.048 100.560 0.063
201409 -0.577 100.428 -0.757
201412 1.198 99.070 1.594
201503 -2.034 99.621 -2.691
201506 0.740 100.684 0.969
201509 -1.180 100.392 -1.549
201512 0.333 99.792 0.440
201603 -1.039 100.470 -1.363
201606 -0.372 101.688 -0.482
201609 2.436 101.861 3.151
201612 -3.728 101.863 -4.823
201703 -1.680 102.862 -2.152
201706 -0.250 103.349 -0.319
201709 -0.052 104.136 -0.066
201712 -1.006 104.011 -1.275
201803 -0.069 105.290 -0.086
201806 -0.203 106.317 -0.252
201809 -1.764 106.507 -2.183
201812 1.551 105.998 1.928
201903 -1.081 107.251 -1.328
201906 0.213 108.070 0.260
201909 0.384 108.329 0.467
201912 -1.284 108.420 -1.561
202003 -1.116 108.902 -1.350
202006 1.636 108.767 1.982
202009 0.208 109.815 0.250
202012 -0.121 109.897 -0.145
202103 -3.231 111.754 -3.810
202106 1.189 114.631 1.367
202109 -0.113 115.734 -0.129
202112 3.554 117.630 3.981
202203 1.380 121.301 1.499
202206 0.460 125.017 0.485
202209 3.362 125.227 3.538
202212 -1.369 125.222 -1.441
202303 -0.376 127.348 -0.389
202306 -0.273 128.729 -0.279
202309 -0.723 129.860 -0.734
202312 -10.561 129.419 -10.753
202403 -0.899 131.776 -0.899

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.


KenMec Mechanical Engineering Co  (ROCO:6125) 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.


KenMec Mechanical Engineering Co Cyclically Adjusted Price-to-FCF Related Terms

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KenMec Mechanical Engineering Co (ROCO:6125) Business Description

Traded in Other Exchanges
N/A
Address
Dingping Road, Ruifang District, 1st Floor, No. 69, Ruifang Industrial Park, New Taipei, TWN, 115
KenMec Mechanical Engineering Co Ltd manufactures and markets whole factory automated production line systems. The company's segment includes Automation 1; Automation 2; Solar power system, parts and components; Electronic parts and components, and Others. It generates maximum revenue from the Automation 1 segment. Automation segment is responsible for automated flow line equipment and supporting equipment for T.F.T. process equipment, semiconductor process equipment, industrial conveying machinery, and automated storage equipment; parking tower and mechanical parking equipment, incinerator and other environmental facilities; electronic anti-static products; production, sale, installation, and lease of window-cleaning equipment and hanging platforms.

KenMec Mechanical Engineering Co (ROCO:6125) Headlines

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