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Tsang Yow Industrial Co (TPE:1568) Cyclically Adjusted Price-to-FCF : 17.39 (As of Dec. 15, 2024)


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What is Tsang Yow Industrial Co Cyclically Adjusted Price-to-FCF?

As of today (2024-12-15), Tsang Yow Industrial Co's current share price is NT$27.65. Tsang Yow Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was NT$1.59. Tsang Yow Industrial Co's Cyclically Adjusted Price-to-FCF for today is 17.39.

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

TPE:1568' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.75   Med: 20.97   Max: 35.87
Current: 17.51

During the past years, Tsang Yow Industrial Co's highest Cyclically Adjusted Price-to-FCF was 35.87. The lowest was 16.75. And the median was 20.97.

TPE:1568's Cyclically Adjusted Price-to-FCF is ranked better than
56.85% of 445 companies
in the Vehicles & Parts industry
Industry Median: 21.34 vs TPE:1568: 17.51

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.

Tsang Yow Industrial Co's adjusted free cash flow per share data for the three months ended in Sep. 2024 was NT$-0.006. 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$1.59 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsang Yow Industrial Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tsang Yow 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.

Tsang Yow Industrial Co Cyclically Adjusted Price-to-FCF Chart

Tsang Yow 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 - 23.24 22.09 16.97 24.09

Tsang Yow Industrial Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 21.57 24.09 22.07 19.46 18.14

Competitive Comparison of Tsang Yow Industrial Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Tsang Yow 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.


Tsang Yow Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tsang Yow Industrial Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tsang Yow 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.

Tsang Yow 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
=27.65/1.59
=17.39

* 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.

Tsang Yow Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Tsang Yow Industrial Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.006/133.0289*133.0289
=-0.006

Current CPI (Sep. 2024) = 133.0289.

Tsang Yow Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.123 99.070 0.165
201503 0.080 99.621 0.107
201506 -0.510 100.684 -0.674
201509 1.127 100.392 1.493
201512 1.095 99.792 1.460
201603 -0.017 100.470 -0.023
201606 0.476 101.688 0.623
201609 -0.038 101.861 -0.050
201612 0.200 101.863 0.261
201703 -1.890 102.862 -2.444
201706 -0.189 103.349 -0.243
201709 -0.339 104.136 -0.433
201712 2.346 104.011 3.001
201803 -0.364 105.290 -0.460
201806 -1.099 106.317 -1.375
201809 -0.127 106.507 -0.159
201812 0.487 105.998 0.611
201903 0.948 107.251 1.176
201906 1.026 108.070 1.263
201909 0.191 108.329 0.235
201912 -1.036 108.420 -1.271
202003 0.137 108.902 0.167
202006 0.138 108.767 0.169
202009 1.185 109.815 1.435
202012 1.597 109.897 1.933
202103 0.780 111.754 0.928
202106 1.054 114.631 1.223
202109 -0.225 115.734 -0.259
202112 0.181 117.630 0.205
202203 -0.309 121.301 -0.339
202206 1.021 125.017 1.086
202209 1.224 125.227 1.300
202212 1.057 125.222 1.123
202303 0.160 127.348 0.167
202306 0.580 128.729 0.599
202309 1.326 129.860 1.358
202312 0.638 129.419 0.656
202403 0.892 131.776 0.900
202406 -0.032 132.554 -0.032
202409 -0.006 133.029 -0.006

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.


Tsang Yow Industrial Co  (TPE:1568) 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.


Tsang Yow Industrial Co Cyclically Adjusted Price-to-FCF Related Terms

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Tsang Yow Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Chung-Shan Road, Min-Hsiung Industrial Park, Fu-Lo Village, Chia Yi, TWN, 62154
Tsang Yow Industrial Co Ltd is a Manufacturer & Exporter of powertrain components. The company supplies automatic transmission assembly components, heavy-duty truck clutch parts, and off-highway series. The products of the company include Automatic Transmission Hard Parts, Manual Transmission Parts, Torque Converter Parts, Viscous Coupling for 4x4 Transfer Cases, etc. The company exports to the North American market and internationally.

Tsang Yow Industrial Co Headlines

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