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Chia Hsin Cement (TPE:1103) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is Chia Hsin Cement Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chia Hsin Cement Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chia Hsin Cement'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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Chia Hsin Cement Cyclically Adjusted Price-to-FCF Chart

Chia Hsin Cement Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Chia Hsin Cement Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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Competitive Comparison of Chia Hsin Cement's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Chia Hsin Cement'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.


Chia Hsin Cement's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Chia Hsin Cement's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chia Hsin Cement's Cyclically Adjusted Price-to-FCF falls into.



Chia Hsin Cement 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.

Chia Hsin Cement's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chia Hsin Cement'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)
=0.075/131.7762*131.7762
=0.075

Current CPI (Mar. 2024) = 131.7762.

Chia Hsin Cement Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.178 99.695 -0.235
201406 -0.300 100.560 -0.393
201409 0.740 100.428 0.971
201412 0.113 99.070 0.150
201503 -0.493 99.621 -0.652
201506 0.172 100.684 0.225
201509 0.058 100.392 0.076
201512 0.578 99.792 0.763
201603 -0.164 100.470 -0.215
201606 0.117 101.688 0.152
201609 0.387 101.861 0.501
201612 -0.054 101.863 -0.070
201703 0.615 102.862 0.788
201706 0.199 103.349 0.254
201709 -0.230 104.136 -0.291
201712 -0.115 104.011 -0.146
201803 -1.027 105.290 -1.285
201806 0.045 106.317 0.056
201809 -0.411 106.507 -0.509
201812 -0.484 105.998 -0.602
201903 -1.274 107.251 -1.565
201906 -0.478 108.070 -0.583
201909 -1.083 108.329 -1.317
201912 -2.099 108.420 -2.551
202003 -0.746 108.902 -0.903
202006 0.374 108.767 0.453
202009 -0.432 109.815 -0.518
202012 0.462 109.897 0.554
202103 -0.289 111.754 -0.341
202106 -0.184 114.631 -0.212
202109 -0.016 115.734 -0.018
202112 0.027 117.630 0.030
202203 -0.127 121.301 -0.138
202206 -0.098 125.017 -0.103
202209 -0.315 125.227 -0.331
202212 -0.116 125.222 -0.122
202303 0.059 127.348 0.061
202306 -0.188 128.729 -0.192
202309 -0.187 129.860 -0.190
202403 0.075 131.776 0.075

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.


Chia Hsin Cement  (TPE:1103) 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.


Chia Hsin Cement Cyclically Adjusted Price-to-FCF Related Terms

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Chia Hsin Cement (TPE:1103) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan North Road, Jiaxin Building, No. 96, Section 2, Zhongshan District, Taipei, TWN, 10449
Chia Hsin Cement Corp is a Taiwan-based company that operates through given segments. Its cement segment, which accounts for the majority of the company's revenue, manufactures and distributes cement and clinker in Taiwan and mainland China markets, and owns a minority stake in Taiwan-based cement and clinker maker TCC International. Its real estate segment engages in the leasing of a number of commercial buildings in Taiwan. Its Warehousing and storage segment engages in loading and unloading coal, sands, and other bulk cargo in the Port of Taipei and the Hospitality and catering services segment is in charge of catering and room service in the hotel and the maternal and child care center. The company also operates a hotel in Rome, Italy.

Chia Hsin Cement (TPE:1103) Headlines

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