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Teco Electric & Machinery Co (TPE:1504) Cyclically Adjusted Price-to-FCF : 22.60 (As of Sep. 21, 2024)


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What is Teco Electric & Machinery Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Teco Electric & Machinery Co's current share price is NT$49.05. Teco Electric & Machinery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was NT$2.17. Teco Electric & Machinery Co's Cyclically Adjusted Price-to-FCF for today is 22.60.

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

TPE:1504' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.33   Med: 13.36   Max: 27.51
Current: 22.33

During the past years, Teco Electric & Machinery Co's highest Cyclically Adjusted Price-to-FCF was 27.51. The lowest was 8.33. And the median was 13.36.

TPE:1504's Cyclically Adjusted Price-to-FCF is ranked better than
65.97% of 958 companies
in the Industrial Products industry
Industry Median: 30.445 vs TPE:1504: 22.33

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.

Teco Electric & Machinery Co's adjusted free cash flow per share data for the three months ended in Jun. 2024 was NT$0.178. 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$2.17 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teco Electric & Machinery Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Teco Electric & Machinery 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.

* Premium members only.

Teco Electric & Machinery Co Cyclically Adjusted Price-to-FCF Chart

Teco Electric & Machinery Co 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 12.33 12.84 14.02 12.38 21.84

Teco Electric & Machinery Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 24.67 24.80 21.84 25.84 24.69

Competitive Comparison of Teco Electric & Machinery Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery 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.


Teco Electric & Machinery Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Teco Electric & Machinery 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.

Teco Electric & Machinery Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=49.05/2.17
=22.60

* 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.

Teco Electric & Machinery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Teco Electric & Machinery Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.178/132.5538*132.5538
=0.178

Current CPI (Jun. 2024) = 132.5538.

Teco Electric & Machinery Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.533 100.428 0.704
201412 0.547 99.070 0.732
201503 -0.357 99.621 -0.475
201506 0.618 100.684 0.814
201509 0.671 100.392 0.886
201512 0.913 99.792 1.213
201603 0.135 100.470 0.178
201606 0.631 101.688 0.823
201609 0.829 101.861 1.079
201612 -0.211 101.863 -0.275
201703 0.621 102.862 0.800
201706 0.694 103.349 0.890
201709 0.733 104.136 0.933
201712 0.359 104.011 0.458
201803 -0.002 105.290 -0.003
201806 0.319 106.317 0.398
201809 0.525 106.507 0.653
201812 0.617 105.998 0.772
201903 -0.185 107.251 -0.229
201906 0.834 108.070 1.023
201909 0.874 108.329 1.069
201912 0.986 108.420 1.205
202003 0.316 108.902 0.385
202006 0.776 108.767 0.946
202009 0.506 109.815 0.611
202012 0.841 109.897 1.014
202103 0.642 111.754 0.761
202106 0.167 114.631 0.193
202109 0.026 115.734 0.030
202112 -0.027 117.630 -0.030
202203 0.146 121.301 0.160
202206 -0.061 125.017 -0.065
202209 0.553 125.227 0.585
202212 0.943 125.222 0.998
202303 -0.109 127.348 -0.113
202306 0.069 128.729 0.071
202309 0.319 129.860 0.326
202312 1.726 129.419 1.768
202403 0.206 131.776 0.207
202406 0.178 132.554 0.178

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.


Teco Electric & Machinery Co  (TPE:1504) 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.


Teco Electric & Machinery Co Cyclically Adjusted Price-to-FCF Related Terms

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


Teco Electric & Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 19-9, San Chong Road, Nan-Kang, 5th Floor, Taipei, TWN, 11501
Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units and electronic equipment products. The company's Heavy industrial products, the largest product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its sales from Taiwan.

Teco Electric & Machinery Co Headlines

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