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Chang Wah Technology Co (ROCO:6548) Cyclically Adjusted Price-to-FCF : 26.72 (As of Jun. 28, 2025)


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What is Chang Wah Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-28), Chang Wah Technology Co's current share price is NT$31.00. Chang Wah Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was NT$1.16. Chang Wah Technology Co's Cyclically Adjusted Price-to-FCF for today is 26.72.

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

ROCO:6548' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.83   Med: 32.36   Max: 37.78
Current: 26.83

During the past years, Chang Wah Technology Co's highest Cyclically Adjusted Price-to-FCF was 37.78. The lowest was 26.83. And the median was 32.36.

ROCO:6548's Cyclically Adjusted Price-to-FCF is ranked better than
58.07% of 353 companies
in the Semiconductors industry
Industry Median: 33.01 vs ROCO:6548: 26.83

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.

Chang Wah Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2025 was NT$0.506. 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$1.16 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chang Wah Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chang Wah Technology 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.

Chang Wah Technology Co Cyclically Adjusted Price-to-FCF Chart

Chang Wah Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 30.64

Chang Wah Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 36.06 36.57 30.64 30.15

Competitive Comparison of Chang Wah Technology Co's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Chang Wah Technology 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.


Chang Wah Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Chang Wah Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chang Wah Technology Co's Cyclically Adjusted Price-to-FCF falls into.


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Chang Wah Technology 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.

Chang Wah Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.00/1.16
=26.72

* 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.

Chang Wah Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Chang Wah Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.506/134.9266*134.9266
=0.506

Current CPI (Mar. 2025) = 134.9266.

Chang Wah Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.022 100.684 0.029
201509 -0.033 100.392 -0.044
201512 -0.040 99.792 -0.054
201603 0.033 100.470 0.044
201606 0.043 101.688 0.057
201609 0.007 101.861 0.009
201612 0.074 101.863 0.098
201703 0.254 102.862 0.333
201706 0.000 103.349 0.000
201709 0.250 104.136 0.324
201712 0.070 104.011 0.091
201803 -0.006 105.290 -0.008
201806 0.065 106.317 0.082
201809 0.355 106.507 0.450
201812 0.317 105.998 0.404
201903 0.288 107.251 0.362
201906 0.173 108.070 0.216
201909 0.301 108.329 0.375
201912 0.284 108.420 0.353
202003 0.324 108.902 0.401
202006 0.071 108.767 0.088
202009 -0.078 109.815 -0.096
202012 0.045 109.897 0.055
202103 0.025 111.754 0.030
202106 -0.086 114.631 -0.101
202109 0.397 115.734 0.463
202112 0.518 117.630 0.594
202203 0.476 121.301 0.529
202206 0.283 125.017 0.305
202209 1.030 125.227 1.110
202212 0.928 125.222 1.000
202303 0.436 127.348 0.462
202306 0.309 128.729 0.324
202309 0.550 129.860 0.571
202312 0.361 129.419 0.376
202403 0.695 131.776 0.712
202406 0.221 132.554 0.225
202409 0.169 133.029 0.171
202412 0.463 133.157 0.469
202503 0.506 134.927 0.506

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.


Chang Wah Technology Co  (ROCO:6548) 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.


Chang Wah Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Chang Wah Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 24, Kaifa Road, Nanzi District, Kaohsiung, TWN, 811
Chang Wah Technology Co Ltd mainly manufactures industrial plastic products and electronics components, and sells electronics components and machinery, and tools. It focuses on manufacturing semiconductor frames, offering different products such as IC-Pin Lead Frame, IC-Leadless Lead Frame, IC-Special surface treatment, EMC lead frame, and PreMold lead frame. Along with its subsidiaries, the company operates in the following reportable segments: CWTC, CWTS, SHAP, Shing Zheng Investment, SHEC, SHPC, SHS, MSHE, WSP, and CWES. Maximum revenue is generated from its CWTC segment. Geographically, the group generates maximum revenue from Taiwan, followed by Asia (excluding Taiwan), and other regions.

Chang Wah Technology Co Headlines

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