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China Metal Products Co (TPE:1532) Cyclically Adjusted Price-to-FCF : 12.31 (As of May. 26, 2024)


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What is China Metal Products Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), China Metal Products Co's current share price is NT$49.35. China Metal Products Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.01. China Metal Products Co's Cyclically Adjusted Price-to-FCF for today is 12.31.

The historical rank and industry rank for China Metal Products Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:1532' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.41   Med: 15.63   Max: 30.05
Current: 12.3

During the past years, China Metal Products Co's highest Cyclically Adjusted Price-to-FCF was 30.05. The lowest was 9.41. And the median was 15.63.

TPE:1532's Cyclically Adjusted Price-to-FCF is ranked better than
84.37% of 1017 companies
in the Industrial Products industry
Industry Median: 33.45 vs TPE:1532: 12.30

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.

China Metal Products Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$2.034. 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$4.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Metal Products Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Metal Products 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.

China Metal Products Co Cyclically Adjusted Price-to-FCF Chart

China Metal Products 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 30.45 14.72 16.94 11.16 11.42

China Metal Products Co 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 13.61 11.15 10.59 11.42 9.28

Competitive Comparison of China Metal Products Co's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, China Metal Products 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.


China Metal Products Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where China Metal Products Co's Cyclically Adjusted Price-to-FCF falls into.



China Metal Products 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.

China Metal Products Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=49.35/4.01
=12.31

* 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.

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

For example, China Metal Products 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)
=2.034/131.7762*131.7762
=2.034

Current CPI (Mar. 2024) = 131.7762.

China Metal Products Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.574 100.560 -2.063
201409 0.226 100.428 0.297
201412 5.952 99.070 7.917
201503 1.724 99.621 2.280
201506 0.489 100.684 0.640
201509 3.120 100.392 4.095
201512 2.644 99.792 3.491
201603 1.022 100.470 1.340
201606 1.206 101.688 1.563
201609 1.493 101.861 1.931
201612 1.707 101.863 2.208
201703 1.085 102.862 1.390
201706 1.896 103.349 2.418
201709 0.035 104.136 0.044
201712 -5.924 104.011 -7.505
201803 0.932 105.290 1.166
201806 0.111 106.317 0.138
201809 2.756 106.507 3.410
201812 2.841 105.998 3.532
201903 1.110 107.251 1.364
201906 1.671 108.070 2.038
201909 -0.675 108.329 -0.821
201912 -5.373 108.420 -6.530
202003 -0.087 108.902 -0.105
202006 -0.897 108.767 -1.087
202009 1.068 109.815 1.282
202012 3.743 109.897 4.488
202103 0.274 111.754 0.323
202106 -2.937 114.631 -3.376
202109 1.722 115.734 1.961
202112 3.248 117.630 3.639
202203 2.016 121.301 2.190
202206 -0.262 125.017 -0.276
202209 -0.562 125.227 -0.591
202212 0.356 125.222 0.375
202303 -2.039 127.348 -2.110
202306 4.750 128.729 4.862
202309 0.122 129.860 0.124
202312 2.011 129.419 2.048
202403 2.034 131.776 2.034

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.


China Metal Products Co  (TPE:1532) 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.


China Metal Products Co Cyclically Adjusted Price-to-FCF Related Terms

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China Metal Products Co (TPE:1532) Business Description

Traded in Other Exchanges
N/A
Address
No. 85, Ren'ai Road, 4th Floor, Section 4, Daan District, Taipei, TWN, 106
China Metal Products Co Ltd is a Taiwan-based company that operates in three segments, namely Metal Manufacturing, which focuses on the development and selling of cast iron products; Real Estate Development, which focuses on the development and selling of residents and commercial buildings; and Lifestyle Hospitality segment focuses on retailing, amusement park, and hotel operating. Metal Manufacturing generates the majority of its revenue. The company's geographical segments include Taiwan, the United States, Japan, China, Europe, South America, and Others.

China Metal Products Co (TPE:1532) Headlines

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