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Chang Ho Fibre (TPE:1468) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Chang Ho Fibre Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chang Ho Fibre Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chang Ho Fibre'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.

Chang Ho Fibre Cyclically Adjusted Price-to-FCF Chart

Chang Ho Fibre 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 - 342.89 - - -

Chang Ho Fibre 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 3,980.34 - - - -

Competitive Comparison of Chang Ho Fibre's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Chang Ho Fibre'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.


Chang Ho Fibre's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Chang Ho Fibre's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Chang Ho Fibre 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.

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

For example, Chang Ho Fibre'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)
=-0.222/131.7762*131.7762
=-0.222

Current CPI (Mar. 2024) = 131.7762.

Chang Ho Fibre Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.083 100.560 -0.109
201409 0.073 100.428 0.096
201412 0.165 99.070 0.219
201503 0.044 99.621 0.058
201506 0.154 100.684 0.202
201509 0.163 100.392 0.214
201512 -0.019 99.792 -0.025
201603 0.114 100.470 0.150
201606 0.281 101.688 0.364
201609 -0.271 101.861 -0.351
201612 -0.250 101.863 -0.323
201703 -0.067 102.862 -0.086
201706 0.023 103.349 0.029
201709 0.143 104.136 0.181
201712 -0.403 104.011 -0.511
201803 0.007 105.290 0.009
201806 0.178 106.317 0.221
201809 0.232 106.507 0.287
201812 -0.139 105.998 -0.173
201903 0.230 107.251 0.283
201906 0.440 108.070 0.537
201909 0.112 108.329 0.136
201912 -0.168 108.420 -0.204
202003 0.389 108.902 0.471
202006 -0.431 108.767 -0.522
202009 0.338 109.815 0.406
202012 0.262 109.897 0.314
202103 -0.126 111.754 -0.149
202106 -0.346 114.631 -0.398
202109 -1.272 115.734 -1.448
202112 -1.586 117.630 -1.777
202203 0.482 121.301 0.524
202206 0.382 125.017 0.403
202209 0.345 125.227 0.363
202212 0.419 125.222 0.441
202303 0.289 127.348 0.299
202306 -0.055 128.729 -0.056
202309 -0.084 129.860 -0.085
202312 -0.652 129.419 -0.664
202403 -0.222 131.776 -0.222

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.


Chang Ho Fibre  (TPE:1468) 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.


Chang Ho Fibre Cyclically Adjusted Price-to-FCF Related Terms

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Chang Ho Fibre (TPE:1468) Business Description

Traded in Other Exchanges
N/A
Address
9F,No.270,Chung Hsiao E.Road, Sec.4, Taipei, TWN
Chang Ho Fibre Corp operates in the textile manufacturing industry. The company is engaged in weaving, dyeing, finishing, printing, and laminating woven and knit fabrics.

Chang Ho Fibre (TPE:1468) Headlines

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