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Shin HsiungNatural Gas (ROCO:8908) Cyclically Adjusted Price-to-FCF : 299.44 (As of Jun. 25, 2024)


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What is Shin HsiungNatural Gas Cyclically Adjusted Price-to-FCF?

As of today (2024-06-25), Shin HsiungNatural Gas's current share price is NT$53.90. Shin HsiungNatural Gas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.18. Shin HsiungNatural Gas's Cyclically Adjusted Price-to-FCF for today is 299.44.

The historical rank and industry rank for Shin HsiungNatural Gas's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:8908' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 38.97   Med: 137.68   Max: 976.62
Current: 296.98

During the past years, Shin HsiungNatural Gas's highest Cyclically Adjusted Price-to-FCF was 976.62. The lowest was 38.97. And the median was 137.68.

ROCO:8908's Cyclically Adjusted Price-to-FCF is ranked worse than
97.5% of 240 companies
in the Utilities - Regulated industry
Industry Median: 16.515 vs ROCO:8908: 296.98

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.

Shin HsiungNatural Gas's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.919. 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$0.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin HsiungNatural Gas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shin HsiungNatural Gas'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.

Shin HsiungNatural Gas Cyclically Adjusted Price-to-FCF Chart

Shin HsiungNatural Gas 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 45.15 76.06 126.20 858.72 615.20

Shin HsiungNatural Gas 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 933.45 641.31 633.66 615.20 314.48

Competitive Comparison of Shin HsiungNatural Gas's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, Shin HsiungNatural Gas'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.


Shin HsiungNatural Gas's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin HsiungNatural Gas's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shin HsiungNatural Gas's Cyclically Adjusted Price-to-FCF falls into.



Shin HsiungNatural Gas 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.

Shin HsiungNatural Gas's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=53.90/0.18
=299.44

* 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.

Shin HsiungNatural Gas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shin HsiungNatural Gas'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)
=0.919/131.7762*131.7762
=0.919

Current CPI (Mar. 2024) = 131.7762.

Shin HsiungNatural Gas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.338 100.560 0.443
201409 -0.156 100.428 -0.205
201412 0.091 99.070 0.121
201503 0.046 99.621 0.061
201506 -0.166 100.684 -0.217
201509 0.276 100.392 0.362
201512 0.099 99.792 0.131
201603 0.081 100.470 0.106
201606 0.101 101.688 0.131
201609 0.012 101.861 0.016
201612 0.139 101.863 0.180
201703 0.030 102.862 0.038
201706 -0.011 103.349 -0.014
201709 -0.501 104.136 -0.634
201712 0.378 104.011 0.479
201803 0.246 105.290 0.308
201806 0.279 106.317 0.346
201809 0.316 106.507 0.391
201812 0.516 105.998 0.641
201903 0.491 107.251 0.603
201906 0.150 108.070 0.183
201909 0.534 108.329 0.650
201912 0.759 108.420 0.923
202003 0.349 108.902 0.422
202006 0.051 108.767 0.062
202009 -1.094 109.815 -1.313
202012 -1.104 109.897 -1.324
202103 -0.494 111.754 -0.583
202106 0.213 114.631 0.245
202109 0.147 115.734 0.167
202112 -0.605 117.630 -0.678
202203 -0.151 121.301 -0.164
202206 -0.248 125.017 -0.261
202209 -0.926 125.227 -0.974
202212 -0.920 125.222 -0.968
202303 0.046 127.348 0.048
202306 0.209 128.729 0.214
202309 0.330 129.860 0.335
202312 0.628 129.419 0.639
202403 0.919 131.776 0.919

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.


Shin HsiungNatural Gas  (ROCO:8908) 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.


Shin HsiungNatural Gas Cyclically Adjusted Price-to-FCF Related Terms

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Shin HsiungNatural Gas (ROCO:8908) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Section 1, Guotai Road, Fengshan District, Kaohsiung, TWN, 830
Shin HsiungNatural Gas Inc is a supplier of natural gas. It also Manufactures and rental gas meters. It distributes natural gas to household, industrial, and commercial customers in the Kaohsiung area. It also sells and installs gas equipment.

Shin HsiungNatural Gas (ROCO:8908) Headlines

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