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Usi (TPE:1304) Cyclically Adjusted Price-to-FCF : 4.97 (As of Jun. 18, 2024)


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What is Usi Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), Usi's current share price is NT$15.25. Usi's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$3.07. Usi's Cyclically Adjusted Price-to-FCF for today is 4.97.

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

TPE:1304' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.94   Med: 10.41   Max: 22.85
Current: 4.94

During the past years, Usi's highest Cyclically Adjusted Price-to-FCF was 22.85. The lowest was 4.94. And the median was 10.41.

TPE:1304's Cyclically Adjusted Price-to-FCF is ranked better than
93.08% of 578 companies
in the Chemicals industry
Industry Median: 24.23 vs TPE:1304: 4.94

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.

Usi's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.665. 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$3.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Usi Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Usi'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.

Usi Cyclically Adjusted Price-to-FCF Chart

Usi 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 12.18 13.89 14.33 8.73 7.26

Usi 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 9.76 8.47 7.55 7.26 5.24

Competitive Comparison of Usi's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Usi'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.


Usi's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Usi 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.25/3.07
=4.97

* 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.

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

For example, Usi'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)
=-0.665/131.7762*131.7762
=-0.665

Current CPI (Mar. 2024) = 131.7762.

Usi Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.829 100.560 1.086
201409 -0.284 100.428 -0.373
201412 1.131 99.070 1.504
201503 -0.924 99.621 -1.222
201506 -0.503 100.684 -0.658
201509 -0.417 100.392 -0.547
201512 0.627 99.792 0.828
201603 0.764 100.470 1.002
201606 -0.744 101.688 -0.964
201609 0.766 101.861 0.991
201612 1.070 101.863 1.384
201703 -0.113 102.862 -0.145
201706 -0.941 103.349 -1.200
201709 1.551 104.136 1.963
201712 0.411 104.011 0.521
201803 0.034 105.290 0.043
201806 0.260 106.317 0.322
201809 0.436 106.507 0.539
201812 -0.590 105.998 -0.733
201903 -1.326 107.251 -1.629
201906 1.963 108.070 2.394
201909 2.037 108.329 2.478
201912 1.091 108.420 1.326
202003 2.024 108.902 2.449
202006 1.758 108.767 2.130
202009 1.890 109.815 2.268
202012 2.201 109.897 2.639
202103 0.857 111.754 1.011
202106 1.288 114.631 1.481
202109 0.991 115.734 1.128
202112 1.779 117.630 1.993
202203 2.401 121.301 2.608
202206 -0.073 125.017 -0.077
202209 2.537 125.227 2.670
202212 1.157 125.222 1.218
202303 0.238 127.348 0.246
202306 -0.991 128.729 -1.014
202309 1.611 129.860 1.635
202312 0.114 129.419 0.116
202403 -0.665 131.776 -0.665

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.


Usi  (TPE:1304) 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.


Usi Cyclically Adjusted Price-to-FCF Related Terms

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


Usi (TPE:1304) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Usi Corp (TPE:1304) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
No. 330, Fengren Road, Renwu District, Kaohsiung, TWN, 81449
Usi Corp is a Taiwan-based plastics company primarily engaged in the processing, manufacturing, and sales of raw materials used in the plastic products industry. The company's main product is polyethylene pellets. Its line of raw materials also includes plastic powder, cloths, tubes and skins, as well as catalyzers, chemicals, and processing equipment used in plastics production. The company provides additional technical services related to its plastic processing equipment. Other operations involve the licensing of proprietary technology and patents, and the production of other compounds unrelated to plastics. USI derives most of its revenue from Asia.

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