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Forward Graphic Enterprise Co (ROCO:8906) Cyclically Adjusted Price-to-FCF : (As of Jan. 19, 2025)


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What is Forward Graphic Enterprise Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Forward Graphic Enterprise Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Forward Graphic 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.

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Forward Graphic Enterprise Co Cyclically Adjusted Price-to-FCF Chart

Forward Graphic Enterprise Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Forward Graphic Enterprise Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Forward Graphic Enterprise Co's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Forward Graphic 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.


Forward Graphic Enterprise Co's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Forward Graphic Enterprise Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Forward Graphic 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.

Forward Graphic Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Forward Graphic Enterprise Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-3.575/133.0289*133.0289
=-3.575

Current CPI (Sep. 2024) = 133.0289.

Forward Graphic Enterprise Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.086 99.070 0.115
201503 0.123 99.621 0.164
201506 -0.245 100.684 -0.324
201509 0.028 100.392 0.037
201512 0.225 99.792 0.300
201603 0.193 100.470 0.256
201606 -0.214 101.688 -0.280
201609 -0.077 101.861 -0.101
201612 0.138 101.863 0.180
201703 -0.109 102.862 -0.141
201706 -0.085 103.349 -0.109
201709 0.024 104.136 0.031
201712 0.297 104.011 0.380
201803 0.005 105.290 0.006
201806 -0.338 106.317 -0.423
201809 0.035 106.507 0.044
201812 0.191 105.998 0.240
201903 0.045 107.251 0.056
201906 0.066 108.070 0.081
201909 -0.131 108.329 -0.161
201912 -4.911 108.420 -6.026
202003 0.090 108.902 0.110
202006 -0.185 108.767 -0.226
202009 -11.728 109.815 -14.207
202012 0.180 109.897 0.218
202103 0.082 111.754 0.098
202106 -0.474 114.631 -0.550
202109 -0.255 115.734 -0.293
202112 -0.679 117.630 -0.768
202203 -0.434 121.301 -0.476
202206 -0.722 125.017 -0.768
202209 -0.838 125.227 -0.890
202212 -0.311 125.222 -0.330
202303 -1.207 127.348 -1.261
202306 -0.571 128.729 -0.590
202309 -0.153 129.860 -0.157
202312 -2.395 129.419 -2.462
202403 -2.037 131.776 -2.056
202406 -5.144 132.554 -5.162
202409 -3.575 133.029 -3.575

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.


Forward Graphic Enterprise Co  (ROCO:8906) 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.


Forward Graphic Enterprise Co Cyclically Adjusted Price-to-FCF Related Terms

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Forward Graphic Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No.65 Zhongshan Road, Tucheng District, New Taipei City, TWN
Forward Graphic Enterprise Co Ltd is engaged in manufacturing, processing, and distribution of printing products. Its products include package, Books, Notebook, Catalogue, Calendar, DIY Product and ECO-Friendly cultural printings, ultraviolet printings and special printings.

Forward Graphic Enterprise Co Headlines

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