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Kung Long Batteries Industrial Co (TPE:1537) Cyclically Adjusted Price-to-FCF : 11.69 (As of Jun. 14, 2024)


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What is Kung Long Batteries Industrial Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), Kung Long Batteries Industrial Co's current share price is NT$148.00. Kung Long Batteries Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$12.66. Kung Long Batteries Industrial Co's Cyclically Adjusted Price-to-FCF for today is 11.69.

The historical rank and industry rank for Kung Long Batteries Industrial Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:1537' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.49   Med: 12.95   Max: 22.45
Current: 11.73

During the past years, Kung Long Batteries Industrial Co's highest Cyclically Adjusted Price-to-FCF was 22.45. The lowest was 10.49. And the median was 12.95.

TPE:1537's Cyclically Adjusted Price-to-FCF is ranked better than
86.71% of 1031 companies
in the Industrial Products industry
Industry Median: 32.13 vs TPE:1537: 11.73

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.

Kung Long Batteries Industrial Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.895. 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$12.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kung Long Batteries Industrial Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kung Long Batteries Industrial 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.

Kung Long Batteries Industrial Co Cyclically Adjusted Price-to-FCF Chart

Kung Long Batteries Industrial 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 17.10 14.38 13.00 11.43 10.61

Kung Long Batteries Industrial 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 11.66 11.56 10.59 10.61 11.06

Competitive Comparison of Kung Long Batteries Industrial Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Kung Long Batteries Industrial 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.


Kung Long Batteries Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Kung Long Batteries Industrial Co's Cyclically Adjusted Price-to-FCF falls into.



Kung Long Batteries Industrial 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.

Kung Long Batteries Industrial Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=148.00/12.66
=11.69

* 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.

Kung Long Batteries Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kung Long Batteries Industrial 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)
=0.895/131.7762*131.7762
=0.895

Current CPI (Mar. 2024) = 131.7762.

Kung Long Batteries Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.185 100.560 -0.242
201409 0.792 100.428 1.039
201412 3.523 99.070 4.686
201503 4.199 99.621 5.554
201506 0.461 100.684 0.603
201509 3.065 100.392 4.023
201512 5.305 99.792 7.005
201603 3.664 100.470 4.806
201606 -0.184 101.688 -0.238
201609 1.366 101.861 1.767
201612 1.847 101.863 2.389
201703 2.647 102.862 3.391
201706 -0.168 103.349 -0.214
201709 2.713 104.136 3.433
201712 2.460 104.011 3.117
201803 3.051 105.290 3.819
201806 2.361 106.317 2.926
201809 1.376 106.507 1.702
201812 5.521 105.998 6.864
201903 5.808 107.251 7.136
201906 3.761 108.070 4.586
201909 4.889 108.329 5.947
201912 3.928 108.420 4.774
202003 2.559 108.902 3.097
202006 4.097 108.767 4.964
202009 5.237 109.815 6.284
202012 2.835 109.897 3.399
202103 0.845 111.754 0.996
202106 0.533 114.631 0.613
202109 3.690 115.734 4.201
202112 1.793 117.630 2.009
202203 0.161 121.301 0.175
202206 1.041 125.017 1.097
202209 3.551 125.227 3.737
202212 4.563 125.222 4.802
202303 2.444 127.348 2.529
202306 2.213 128.729 2.265
202309 1.936 129.860 1.965
202312 4.584 129.419 4.667
202403 0.895 131.776 0.895

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.


Kung Long Batteries Industrial Co  (TPE:1537) 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.


Kung Long Batteries Industrial Co Cyclically Adjusted Price-to-FCF Related Terms

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Kung Long Batteries Industrial Co (TPE:1537) Business Description

Traded in Other Exchanges
N/A
Address
No.6, Tzu-Li 3rd Road, Nantou, TWN, 54067
Kung Long Batteries Industrial Co Ltd is a Taiwan based company. The Company is primarily engaged in the manufacture and sales of lead-acid batteries. The company has production facilities in Taiwan and Vietnam. The products are offered for a wide range of applications: multipurpose, cycling high-power, electric car, deep-cycle, renewable energy, and solar energy.

Kung Long Batteries Industrial Co (TPE:1537) Headlines

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