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Lien Hwa Industrial Holding (TPE:1229) Cyclically Adjusted Price-to-FCF : 41.48 (As of Jun. 08, 2024)


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What is Lien Hwa Industrial Holding Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Lien Hwa Industrial Holding's current share price is NT$67.20. Lien Hwa Industrial Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.62. Lien Hwa Industrial Holding's Cyclically Adjusted Price-to-FCF for today is 41.48.

The historical rank and industry rank for Lien Hwa Industrial Holding's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:1229' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.87   Med: 34.14   Max: 51.73
Current: 41.94

During the past years, Lien Hwa Industrial Holding's highest Cyclically Adjusted Price-to-FCF was 51.73. The lowest was 20.87. And the median was 34.14.

TPE:1229's Cyclically Adjusted Price-to-FCF is ranked worse than
76.39% of 216 companies
in the Conglomerates industry
Industry Median: 18.655 vs TPE:1229: 41.94

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.

Lien Hwa Industrial Holding's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.313. 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$1.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lien Hwa Industrial Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding Cyclically Adjusted Price-to-FCF Chart

Lien Hwa Industrial Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.43 25.33 30.94 45.14 32.65

Lien Hwa Industrial Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 32.65 35.05 41.60 39.48 41.88

Competitive Comparison of Lien Hwa Industrial Holding's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.


Lien Hwa Industrial Holding's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lien Hwa Industrial Holding's Cyclically Adjusted Price-to-FCF falls into.



Lien Hwa Industrial Holding 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.

Lien Hwa Industrial Holding's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=67.20/1.62
=41.48

* 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.

Lien Hwa Industrial Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lien Hwa Industrial Holding'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)
=0.313/131.7762*131.7762
=0.313

Current CPI (Mar. 2024) = 131.7762.

Lien Hwa Industrial Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.010 99.695 0.013
201406 -0.110 100.560 -0.144
201409 0.827 100.428 1.085
201412 0.142 99.070 0.189
201503 0.062 99.621 0.082
201506 -0.245 100.684 -0.321
201509 0.954 100.392 1.252
201512 0.202 99.792 0.267
201603 0.218 100.470 0.286
201606 0.229 101.688 0.297
201609 0.056 101.861 0.072
201612 0.884 101.863 1.144
201703 0.130 102.862 0.167
201706 -0.052 103.349 -0.066
201709 0.970 104.136 1.227
201712 -0.105 104.011 -0.133
201803 0.109 105.290 0.136
201806 0.663 106.317 0.822
201809 0.294 106.507 0.364
201812 0.182 105.998 0.226
201903 0.114 107.251 0.140
201906 0.551 108.070 0.672
201909 0.814 108.329 0.990
201912 0.232 108.420 0.282
202003 0.093 108.902 0.113
202006 0.143 108.767 0.173
202009 1.207 109.815 1.448
202012 -0.108 109.897 -0.130
202103 0.032 111.754 0.038
202106 0.143 114.631 0.164
202109 0.850 115.734 0.968
202112 0.038 117.630 0.043
202203 0.143 121.301 0.155
202206 0.418 125.017 0.441
202209 1.440 125.227 1.515
202212 0.146 125.222 0.154
202303 0.429 127.348 0.444
202306 0.099 128.729 0.101
202309 1.158 129.860 1.175
202403 0.313 131.776 0.313

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.


Lien Hwa Industrial Holding  (TPE:1229) 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.


Lien Hwa Industrial Holding Cyclically Adjusted Price-to-FCF Related Terms

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Lien Hwa Industrial Holding (TPE:1229) Business Description

Traded in Other Exchanges
N/A
Address
No. 44, Section 1, Chengde Road, 6th Floor, Datong District, Taipei, TWN
Lien Hwa Industrial Holding Corp is engaged in flour production and sale, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has five reportable segments. The rental business provides real property rental and development services. The noodle business manufactures and sells all kinds of noodles and processed foods. The noodle business overseas is a noodles manufacturing and sale company. The system integration service business provides the system integration service, automatic system, applied software design, and sale of industrial computers. The administrative resource center is responsible for the management of domestic/foreign investment business.

Lien Hwa Industrial Holding (TPE:1229) Headlines

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