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Taiwan Television Enterprise Co (ROCO:8329) Cyclically Adjusted Price-to-FCF : 92.31 (As of Jun. 06, 2025)


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What is Taiwan Television Enterprise Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-06), Taiwan Television Enterprise Co's current share price is NT$12.00. Taiwan Television Enterprise Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was NT$0.13. Taiwan Television Enterprise Co's Cyclically Adjusted Price-to-FCF for today is 92.31.

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

ROCO:8329' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.33   Med: 78.25   Max: 146
Current: 94.51

During the past 13 years, Taiwan Television Enterprise Co's highest Cyclically Adjusted Price-to-FCF was 146.00. The lowest was 28.33. And the median was 78.25.

ROCO:8329's Cyclically Adjusted Price-to-FCF is ranked worse than
90.33% of 362 companies
in the Media - Diversified industry
Industry Median: 15.145 vs ROCO:8329: 94.51

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.

Taiwan Television Enterprise Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was NT$-0.171. 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$0.13 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Television Enterprise Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taiwan Television Enterprise 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.

Taiwan Television Enterprise Co Cyclically Adjusted Price-to-FCF Chart

Taiwan Television Enterprise 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 - - - 76.49 99.16

Taiwan Television Enterprise Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - 76.49 - 99.16

Competitive Comparison of Taiwan Television Enterprise Co's Cyclically Adjusted Price-to-FCF

For the Broadcasting subindustry, Taiwan Television Enterprise 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.


Taiwan Television Enterprise Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Taiwan Television Enterprise Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Taiwan Television Enterprise Co's Cyclically Adjusted Price-to-FCF falls into.


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Taiwan Television Enterprise 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.

Taiwan Television Enterprise Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.00/0.13
=92.31

* 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.

Taiwan Television Enterprise Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Taiwan Television Enterprise Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=-0.171/133.1571*133.1571
=-0.171

Current CPI (Dec24) = 133.1571.

Taiwan Television Enterprise Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -0.093 99.792 -0.124
201612 0.088 101.863 0.115
201712 0.023 104.011 0.029
201812 0.275 105.998 0.345
201912 -0.224 108.420 -0.275
202012 0.191 109.897 0.231
202112 0.418 117.630 0.473
202212 0.291 125.222 0.309
202312 0.347 129.419 0.357
202412 -0.171 133.157 -0.171

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.


Taiwan Television Enterprise Co  (ROCO:8329) 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.


Taiwan Television Enterprise Co Cyclically Adjusted Price-to-FCF Related Terms

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


Taiwan Television Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No.10, Section 3 Pa Te Road, Songshan District, Taipei, TWN, 105
Taiwan Television Enterprise Co Ltd is a Taiwan based company engages in the production of a television program, radio and television advertising, and program distribution.

Taiwan Television Enterprise Co Headlines

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