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Chung-Hsin Electric & Machinery Mfg (TPE:1513) Cyclically Adjusted Price-to-FCF : 124.81 (As of May. 24, 2024)


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What is Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Chung-Hsin Electric & Machinery Mfg's current share price is NT$163.50. Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.31. Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted Price-to-FCF for today is 124.81.

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

TPE:1513' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.07   Med: 138.37   Max: 5050
Current: 129.68

During the past years, Chung-Hsin Electric & Machinery Mfg's highest Cyclically Adjusted Price-to-FCF was 5050.00. The lowest was 24.07. And the median was 138.37.

TPE:1513's Cyclically Adjusted Price-to-FCF is ranked worse than
85.09% of 1013 companies
in the Industrial Products industry
Industry Median: 33.62 vs TPE:1513: 129.68

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.

Chung-Hsin Electric & Machinery Mfg's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.813. 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$1.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chung-Hsin Electric & Machinery Mfg'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.

Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted Price-to-FCF Chart

Chung-Hsin Electric & Machinery Mfg 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 28.19 317.30 - - 95.92

Chung-Hsin Electric & Machinery Mfg 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 585.35 351.52 139.04 95.92 134.62

Competitive Comparison of Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Chung-Hsin Electric & Machinery Mfg'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.


Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Chung-Hsin Electric & Machinery Mfg 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.

Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=163.50/1.31
=124.81

* 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.

Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chung-Hsin Electric & Machinery Mfg'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)
=0.813/131.7762*131.7762
=0.813

Current CPI (Mar. 2024) = 131.7762.

Chung-Hsin Electric & Machinery Mfg Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.347 100.560 0.455
201409 -1.515 100.428 -1.988
201412 2.184 99.070 2.905
201503 -0.705 99.621 -0.933
201506 0.539 100.684 0.705
201509 -1.357 100.392 -1.781
201512 1.046 99.792 1.381
201603 1.061 100.470 1.392
201606 -1.174 101.688 -1.521
201609 -0.006 101.861 -0.008
201612 -0.029 101.863 -0.038
201703 -0.571 102.862 -0.732
201706 -1.874 103.349 -2.389
201709 1.747 104.136 2.211
201712 -0.539 104.011 -0.683
201803 -2.281 105.290 -2.855
201806 0.297 106.317 0.368
201809 -1.164 106.507 -1.440
201812 4.160 105.998 5.172
201903 0.838 107.251 1.030
201906 -1.149 108.070 -1.401
201909 0.025 108.329 0.030
201912 3.118 108.420 3.790
202003 -2.910 108.902 -3.521
202006 -3.412 108.767 -4.134
202009 -2.045 109.815 -2.454
202012 2.223 109.897 2.666
202103 -0.473 111.754 -0.558
202106 -0.734 114.631 -0.844
202109 -1.067 115.734 -1.215
202112 1.495 117.630 1.675
202203 -0.639 121.301 -0.694
202206 1.606 125.017 1.693
202209 1.629 125.227 1.714
202212 2.765 125.222 2.910
202303 0.829 127.348 0.858
202306 0.974 128.729 0.997
202309 3.817 129.860 3.873
202312 5.597 129.419 5.699
202403 0.813 131.776 0.813

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.


Chung-Hsin Electric & Machinery Mfg  (TPE:1513) 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.


Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted Price-to-FCF Related Terms

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


Chung-Hsin Electric & Machinery Mfg (TPE:1513) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Wen-Te Road, Lo Shan Tsun, Guishan District, Taoyuan, TWN, 33383
Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and other. The company generates maximum revenue from the Electricity Power segment.

Chung-Hsin Electric & Machinery Mfg (TPE:1513) Headlines

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