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Brighton-Best Internation (Taiwan) (ROCO:8415) Cyclically Adjusted Price-to-FCF : 55.95 (As of May. 28, 2024)


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What is Brighton-Best Internation (Taiwan) Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Brighton-Best Internation (Taiwan)'s current share price is NT$35.25. Brighton-Best Internation (Taiwan)'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.63. Brighton-Best Internation (Taiwan)'s Cyclically Adjusted Price-to-FCF for today is 55.95.

The historical rank and industry rank for Brighton-Best Internation (Taiwan)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:8415' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 54.29   Med: 141.04   Max: 963.75
Current: 55.61

During the past years, Brighton-Best Internation (Taiwan)'s highest Cyclically Adjusted Price-to-FCF was 963.75. The lowest was 54.29. And the median was 141.04.

ROCO:8415's Cyclically Adjusted Price-to-FCF is ranked worse than
67.88% of 1018 companies
in the Industrial Products industry
Industry Median: 33.49 vs ROCO:8415: 55.61

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.

Brighton-Best Internation (Taiwan)'s adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.087. 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$0.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brighton-Best Internation (Taiwan) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Brighton-Best Internation (Taiwan)'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.

Brighton-Best Internation (Taiwan) Cyclically Adjusted Price-to-FCF Chart

Brighton-Best Internation (Taiwan) 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 - - 103.10 849.17 67.12

Brighton-Best Internation (Taiwan) 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 377.40 176.01 86.14 67.12 53.33

Competitive Comparison of Brighton-Best Internation (Taiwan)'s Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Brighton-Best Internation (Taiwan)'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.


Brighton-Best Internation (Taiwan)'s Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brighton-Best Internation (Taiwan)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Brighton-Best Internation (Taiwan)'s Cyclically Adjusted Price-to-FCF falls into.



Brighton-Best Internation (Taiwan) 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.

Brighton-Best Internation (Taiwan)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=35.25/0.63
=55.95

* 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.

Brighton-Best Internation (Taiwan)'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Brighton-Best Internation (Taiwan)'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)
=1.087/131.7762*131.7762
=1.087

Current CPI (Mar. 2024) = 131.7762.

Brighton-Best Internation (Taiwan) Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.158 99.695 0.209
201406 0.402 100.560 0.527
201412 0.000 99.070 0.000
201503 -0.385 99.621 -0.509
201506 -0.025 100.684 -0.033
201509 -1.204 100.392 -1.580
201512 0.651 99.792 0.860
201603 0.599 100.470 0.786
201606 0.393 101.688 0.509
201609 0.277 101.861 0.358
201612 0.330 101.863 0.427
201703 0.475 102.862 0.609
201706 0.407 103.349 0.519
201709 -0.071 104.136 -0.090
201712 -1.732 104.011 -2.194
201803 -0.861 105.290 -1.078
201806 -0.492 106.317 -0.610
201809 -0.988 106.507 -1.222
201812 -1.108 105.998 -1.377
201903 -1.550 107.251 -1.904
201906 0.065 108.070 0.079
201909 0.259 108.329 0.315
201912 1.575 108.420 1.914
202003 -0.005 108.902 -0.006
202006 -0.906 108.767 -1.098
202009 1.043 109.815 1.252
202012 1.379 109.897 1.654
202103 1.795 111.754 2.117
202106 1.371 114.631 1.576
202109 0.403 115.734 0.459
202112 0.603 117.630 0.676
202203 0.380 121.301 0.413
202206 -1.448 125.017 -1.526
202209 -1.169 125.227 -1.230
202212 -0.379 125.222 -0.399
202303 0.450 127.348 0.466
202306 0.978 128.729 1.001
202309 1.780 129.860 1.806
202312 1.404 129.419 1.430
202403 1.087 131.776 1.087

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.


Brighton-Best Internation (Taiwan)  (ROCO:8415) 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.


Brighton-Best Internation (Taiwan) Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Brighton-Best Internation (Taiwan)'s Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Brighton-Best Internation (Taiwan) (ROCO:8415) Business Description

Traded in Other Exchanges
N/A
Address
Number 122, Yi-lin road, Rende Toenship, Tainan, TWN, 71752
Brighton-Best Internation (Taiwan) Inc supplies and distributes steel-related components and products. It has divided its products into Preferred tools, Fasteners, Drilling screws, and Cutting tools divisions. Its products are Magnetic nut setters, Preferred pipe wrenches, Bolts, Drywall screws, Straight shank carbide drill bits, Drilling screws, etc.

Brighton-Best Internation (Taiwan) (ROCO:8415) Headlines

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