GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Universal Cement Corp (TPE:1104) » Definitions » Cyclically Adjusted Price-to-FCF

Universal Cement (TPE:1104) Cyclically Adjusted Price-to-FCF : 31.20 (As of May. 21, 2024)


View and export this data going back to 1971. Start your Free Trial

What is Universal Cement Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Universal Cement's current share price is NT$33.70. Universal Cement's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.08. Universal Cement's Cyclically Adjusted Price-to-FCF for today is 31.20.

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

TPE:1104' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.06   Med: 35.15   Max: 62.64
Current: 30.69

During the past years, Universal Cement's highest Cyclically Adjusted Price-to-FCF was 62.64. The lowest was 23.06. And the median was 35.15.

TPE:1104's Cyclically Adjusted Price-to-FCF is ranked worse than
71.36% of 199 companies
in the Building Materials industry
Industry Median: 15.98 vs TPE:1104: 30.69

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.

Universal Cement's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.324. 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$1.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Cement Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Universal 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.

* Premium members only.

Universal Cement Cyclically Adjusted Price-to-FCF Chart

Universal Cement 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 47.03 45.05 30.22 24.93 28.60

Universal Cement 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 28.49 31.29 25.41 28.60 29.08

Competitive Comparison of Universal Cement's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Universal 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.


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

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

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



Universal 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.

Universal Cement's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.70/1.08
=31.20

* 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.

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

For example, Universal 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)
=0.324/131.7762*131.7762
=0.324

Current CPI (Mar. 2024) = 131.7762.

Universal Cement Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.059 100.560 0.077
201409 0.580 100.428 0.761
201412 -0.033 99.070 -0.044
201503 -0.332 99.621 -0.439
201506 -0.091 100.684 -0.119
201509 0.720 100.392 0.945
201512 0.066 99.792 0.087
201603 -0.324 100.470 -0.425
201606 -0.027 101.688 -0.035
201609 0.722 101.861 0.934
201612 0.109 101.863 0.141
201703 -0.146 102.862 -0.187
201706 0.050 103.349 0.064
201709 0.702 104.136 0.888
201712 -0.147 104.011 -0.186
201803 -0.163 105.290 -0.204
201806 -0.022 106.317 -0.027
201809 0.648 106.507 0.802
201812 -0.002 105.998 -0.002
201903 -0.122 107.251 -0.150
201906 -0.219 108.070 -0.267
201909 0.836 108.329 1.017
201912 0.255 108.420 0.310
202003 -0.095 108.902 -0.115
202006 0.310 108.767 0.376
202009 0.862 109.815 1.034
202012 0.174 109.897 0.209
202103 0.125 111.754 0.147
202106 0.214 114.631 0.246
202109 1.135 115.734 1.292
202112 0.281 117.630 0.315
202203 -0.076 121.301 -0.083
202206 0.292 125.017 0.308
202209 0.523 125.227 0.550
202212 0.267 125.222 0.281
202303 0.119 127.348 0.123
202306 0.540 128.729 0.553
202309 1.129 129.860 1.146
202312 0.199 129.419 0.203
202403 0.324 131.776 0.324

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.


Universal Cement  (TPE:1104) 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.


Universal Cement Cyclically Adjusted Price-to-FCF Related Terms

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


Universal Cement (TPE:1104) Business Description

Traded in Other Exchanges
N/A
Address
No. 125, Nanking East Road, 10th Floor, Section 2, Taipei, TWN, 104
Universal Cement Corporation is a Taiwan-based company primarily engaged in the manufacture and sale of cements and related construction materials. The company provides cement, ready-mixed concretes, gypsum boards, and other fire-resistant construction materials. Among these products, cement, concretes, and gypsum boards jointly account for the majority of the company's revenue. Its cement products are primarily Portland I cements and primarily sold in the southern Taiwan market, including Pescadores Islands. Its concrete products are sold in Tainan, Kaohsiung, and Pingtung. Its gypsum boards are primarily sold in the Taiwan domestic market.

Universal Cement (TPE:1104) Headlines

No Headlines