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Yieh United Steel (ROCO:9957) Cyclically Adjusted Price-to-FCF : 9.99 (As of May. 17, 2024)


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What is Yieh United Steel Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Yieh United Steel's current share price is NT$6.79. Yieh United Steel's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was NT$0.68. Yieh United Steel's Cyclically Adjusted Price-to-FCF for today is 9.99.

The historical rank and industry rank for Yieh United Steel's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:9957' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.9   Med: 16.67   Max: 119
Current: 9.54

During the past 13 years, Yieh United Steel's highest Cyclically Adjusted Price-to-FCF was 119.00. The lowest was 8.90. And the median was 16.67.

ROCO:9957's Cyclically Adjusted Price-to-FCF is ranked better than
67.92% of 265 companies
in the Steel industry
Industry Median: 13.9 vs ROCO:9957: 9.54

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.

Yieh United Steel's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was NT$-2.085. 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$0.68 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yieh United Steel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yieh United Steel'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.

Yieh United Steel Cyclically Adjusted Price-to-FCF Chart

Yieh United Steel 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 19.42 24.56 16.68 10.64 10.90

Yieh United Steel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 16.68 - 10.64 - 10.90

Competitive Comparison of Yieh United Steel's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Yieh United Steel'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.


Yieh United Steel's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yieh United Steel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Yieh United Steel's Cyclically Adjusted Price-to-FCF falls into.



Yieh United Steel 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.

Yieh United Steel's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.79/0.68
=9.99

* 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.

Yieh United Steel's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Yieh United Steel's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-2.085/129.4194*129.4194
=-2.085

Current CPI (Dec23) = 129.4194.

Yieh United Steel Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 6.758 99.070 8.828
201512 -0.656 99.792 -0.851
201612 0.109 101.863 0.138
201712 -0.780 104.011 -0.971
201812 -0.057 105.998 -0.070
201912 0.519 108.420 0.620
202012 -0.552 109.897 -0.650
202112 1.327 117.630 1.460
202212 0.347 125.222 0.359
202312 -2.085 129.419 -2.085

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.


Yieh United Steel  (ROCO:9957) 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.


Yieh United Steel Cyclically Adjusted Price-to-FCF Related Terms

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


Yieh United Steel (ROCO:9957) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.600, Xinglong St., Jiaxing Vil, Gangshan District, Kaohsiung, TWN, 82057
Yieh United Steel Corp operates as a steel manufacturer. The products of the company include stainless steel small steel embryo, cold rolled steel coil, stainless steel hot-rolled steel sheet, stainless steel hot rolled black steel coil, carbon steel small steel embryo, and carbon steel hot rolled crude steel coil.

Yieh United Steel (ROCO:9957) Headlines

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