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Shihlin Electric & Engineering (TPE:1503) Cyclically Adjusted Price-to-FCF : 84.69 (As of May. 21, 2024)


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What is Shihlin Electric & Engineering Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Shihlin Electric & Engineering's current share price is NT$249.00. Shihlin Electric & Engineering's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.94. Shihlin Electric & Engineering's Cyclically Adjusted Price-to-FCF for today is 84.69.

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

TPE:1503' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.51   Med: 24.11   Max: 113.61
Current: 85.35

During the past years, Shihlin Electric & Engineering's highest Cyclically Adjusted Price-to-FCF was 113.61. The lowest was 19.51. And the median was 24.11.

TPE:1503's Cyclically Adjusted Price-to-FCF is ranked worse than
78.43% of 1034 companies
in the Industrial Products industry
Industry Median: 33.575 vs TPE:1503: 85.35

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.

Shihlin Electric & Engineering's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.232. 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$2.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shihlin Electric & Engineering Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Cyclically Adjusted Price-to-FCF Chart

Shihlin Electric & Engineering 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 24.03 24.85 22.81 25.84 42.34

Shihlin Electric & Engineering 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 31.71 57.99 39.40 42.34 97.25

Competitive Comparison of Shihlin Electric & Engineering's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.


Shihlin Electric & Engineering's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shihlin Electric & Engineering's Cyclically Adjusted Price-to-FCF falls into.



Shihlin Electric & Engineering 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.

Shihlin Electric & Engineering's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=249.00/2.94
=84.69

* 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.

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

For example, Shihlin Electric & Engineering'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)
=0.232/131.7762*131.7762
=0.232

Current CPI (Mar. 2024) = 131.7762.

Shihlin Electric & Engineering Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.105 100.560 1.448
201409 -0.278 100.428 -0.365
201412 0.277 99.070 0.368
201503 -0.243 99.621 -0.321
201506 0.641 100.684 0.839
201509 -0.163 100.392 -0.214
201512 1.087 99.792 1.435
201603 -0.171 100.470 -0.224
201606 -0.922 101.688 -1.195
201609 0.818 101.861 1.058
201612 1.091 101.863 1.411
201703 0.471 102.862 0.603
201706 0.718 103.349 0.915
201709 -0.456 104.136 -0.577
201712 1.030 104.011 1.305
201803 0.025 105.290 0.031
201806 0.374 106.317 0.464
201809 2.724 106.507 3.370
201812 2.222 105.998 2.762
201903 0.378 107.251 0.464
201906 -0.053 108.070 -0.065
201909 0.728 108.329 0.886
201912 0.093 108.420 0.113
202003 0.826 108.902 1.000
202006 -0.182 108.767 -0.221
202009 1.136 109.815 1.363
202012 1.210 109.897 1.451
202103 -0.646 111.754 -0.762
202106 1.863 114.631 2.142
202109 0.229 115.734 0.261
202112 1.586 117.630 1.777
202203 0.253 121.301 0.275
202206 -1.119 125.017 -1.180
202209 1.494 125.227 1.572
202212 0.050 125.222 0.053
202303 1.184 127.348 1.225
202306 1.138 128.729 1.165
202309 3.297 129.860 3.346
202312 1.175 129.419 1.196
202403 0.232 131.776 0.232

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.


Shihlin Electric & Engineering  (TPE:1503) 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.


Shihlin Electric & Engineering Cyclically Adjusted Price-to-FCF Related Terms

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


Shihlin Electric & Engineering (TPE:1503) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
Shihlin Electric & Engineering Corp is a Taiwan-based company The Group is engaged in the manufacture of heavy electrical equipment and machinery and automotive electrical equipment, devices, and related parts The company's product portfolio is categorized into five groups: automobile equipment systems, breaker switchgear and systems, heavy electric systems, and factory automation and system engineering products. The company operates production facilities in Taiwan, mainland China, and Vietnam.

Shihlin Electric & Engineering (TPE:1503) Headlines

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