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Ta Ya Electric Wire & Cable (TPE:1609) Cyclically Adjusted Price-to-FCF : (As of Jun. 12, 2024)


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What is Ta Ya Electric Wire & Cable Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ta Ya Electric Wire & Cable Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ta Ya Electric Wire & Cable'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.

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Ta Ya Electric Wire & Cable Cyclically Adjusted Price-to-FCF Chart

Ta Ya Electric Wire & Cable Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ta Ya Electric Wire & Cable Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Ta Ya Electric Wire & Cable's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Ta Ya Electric Wire & Cable'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.


Ta Ya Electric Wire & Cable's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ta Ya Electric Wire & Cable's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ta Ya Electric Wire & Cable's Cyclically Adjusted Price-to-FCF falls into.



Ta Ya Electric Wire & Cable 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.

Ta Ya Electric Wire & Cable's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ta Ya Electric Wire & Cable'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)
=-0.855/131.7762*131.7762
=-0.855

Current CPI (Mar. 2024) = 131.7762.

Ta Ya Electric Wire & Cable Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.166 100.560 -0.218
201409 -0.743 100.428 -0.975
201412 -0.267 99.070 -0.355
201503 0.353 99.621 0.467
201506 -0.231 100.684 -0.302
201509 -0.309 100.392 -0.406
201512 0.537 99.792 0.709
201603 -0.434 100.470 -0.569
201606 -0.711 101.688 -0.921
201609 0.828 101.861 1.071
201612 -0.282 101.863 -0.365
201703 -0.282 102.862 -0.361
201706 0.007 103.349 0.009
201709 -0.397 104.136 -0.502
201712 -0.614 104.011 -0.778
201803 0.042 105.290 0.053
201806 -0.426 106.317 -0.528
201809 0.339 106.507 0.419
201812 -0.664 105.998 -0.825
201903 0.128 107.251 0.157
201906 -0.312 108.070 -0.380
201909 -0.111 108.329 -0.135
201912 0.367 108.420 0.446
202003 1.129 108.902 1.366
202006 0.241 108.767 0.292
202009 -2.643 109.815 -3.172
202012 -2.345 109.897 -2.812
202103 -2.388 111.754 -2.816
202106 -2.562 114.631 -2.945
202109 -4.158 115.734 -4.734
202112 2.004 117.630 2.245
202203 0.216 121.301 0.235
202206 -3.108 125.017 -3.276
202209 -0.003 125.227 -0.003
202212 -2.312 125.222 -2.433
202303 1.109 127.348 1.148
202306 -1.171 128.729 -1.199
202309 -1.141 129.860 -1.158
202312 0.237 129.419 0.241
202403 -0.855 131.776 -0.855

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.


Ta Ya Electric Wire & Cable  (TPE:1609) 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.


Ta Ya Electric Wire & Cable Cyclically Adjusted Price-to-FCF Related Terms

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Ta Ya Electric Wire & Cable (TPE:1609) Business Description

Traded in Other Exchanges
N/A
Address
No. 249, Section 2, Zhongshan Road, Guanmiao District, Tainan, TWN, 71847
Ta Ya Electric Wire & Cable is engaged in the manufacturing and sale of electric wire & cable, and constructing, selling, and renting office and house buildings. The company has two operating segments; the Electric wire and cable segment mainly engage in the manufacturing and sale of electric wire and cable, and the Solar power plants segment mainly engages in the development of solar power plants for renewable energy. It derives a majority of its revenue from Taiwan.

Ta Ya Electric Wire & Cable (TPE:1609) Headlines

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