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Ocean Plastics Co (TPE:1321) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


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What is Ocean Plastics Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ocean Plastics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ocean Plastics Co'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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Ocean Plastics Co Cyclically Adjusted Price-to-FCF Chart

Ocean Plastics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ocean Plastics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Ocean Plastics Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Ocean Plastics Co'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.


Ocean Plastics Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Ocean Plastics Co 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.

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

For example, Ocean Plastics Co'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)
=0.143/131.7762*131.7762
=0.143

Current CPI (Mar. 2024) = 131.7762.

Ocean Plastics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.325 100.560 -0.426
201409 -1.305 100.428 -1.712
201412 -0.730 99.070 -0.971
201503 -1.336 99.621 -1.767
201506 -1.917 100.684 -2.509
201509 -0.508 100.392 -0.667
201512 -0.494 99.792 -0.652
201603 -2.138 100.470 -2.804
201606 -0.202 101.688 -0.262
201609 0.056 101.861 0.072
201612 0.241 101.863 0.312
201703 -0.431 102.862 -0.552
201706 -0.310 103.349 -0.395
201709 0.265 104.136 0.335
201712 0.045 104.011 0.057
201803 0.110 105.290 0.138
201806 -0.072 106.317 -0.089
201809 0.485 106.507 0.600
201812 0.004 105.998 0.005
201903 -0.148 107.251 -0.182
201906 0.737 108.070 0.899
201909 -0.066 108.329 -0.080
201912 0.668 108.420 0.812
202003 -0.385 108.902 -0.466
202006 1.423 108.767 1.724
202009 0.338 109.815 0.406
202012 0.077 109.897 0.092
202103 0.088 111.754 0.104
202106 0.164 114.631 0.189
202109 1.329 115.734 1.513
202112 -0.330 117.630 -0.370
202203 -0.392 121.301 -0.426
202206 1.126 125.017 1.187
202209 0.756 125.227 0.796
202212 -1.491 125.222 -1.569
202303 -2.121 127.348 -2.195
202306 1.146 128.729 1.173
202309 0.449 129.860 0.456
202312 0.132 129.419 0.134
202403 0.143 131.776 0.143

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.


Ocean Plastics Co  (TPE:1321) 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.


Ocean Plastics Co Cyclically Adjusted Price-to-FCF Related Terms

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Ocean Plastics Co (TPE:1321) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 310, Juguang Road, 5th - 6th Floor, Wanhua District, Taipei, TWN, 108
Ocean Plastics Co Ltd is a Taiwan-based company, that engages in the manufacturing and selling of plastic raw materials, products, and plastic industry supplementary materials. Its products include plastic cloths, plastic pipe, plastic leather products, synthetic leather products, plastic construction materials, and plastic raw materials The company distributes its products in Taiwan, Japan, China, India, and the United States, among others.

Ocean Plastics Co (TPE:1321) Headlines

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