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Taiwannyo Electric Co (TPE:1614) Cyclically Adjusted Price-to-FCF : 24.79 (As of Sep. 25, 2024)


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What is Taiwannyo Electric Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-25), Taiwannyo Electric Co's current share price is NT$40.65. Taiwannyo Electric Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was NT$1.64. Taiwannyo Electric Co's Cyclically Adjusted Price-to-FCF for today is 24.79.

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

TPE:1614' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.94   Med: 23.22   Max: 30.43
Current: 24.8

During the past years, Taiwannyo Electric Co's highest Cyclically Adjusted Price-to-FCF was 30.43. The lowest was 18.94. And the median was 23.22.

TPE:1614's Cyclically Adjusted Price-to-FCF is ranked worse than
60.12% of 173 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 15.77 vs TPE:1614: 24.80

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.

Taiwannyo Electric Co's adjusted free cash flow per share data for the three months ended in Jun. 2024 was NT$0.411. 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$1.64 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwannyo Electric Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taiwannyo Electric 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.

Taiwannyo Electric Co Cyclically Adjusted Price-to-FCF Chart

Taiwannyo Electric 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 26.98 25.97 22.13 21.13 23.93

Taiwannyo Electric Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 21.65 20.23 23.93 24.51 27.93

Competitive Comparison of Taiwannyo Electric Co's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Taiwannyo Electric 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.


Taiwannyo Electric Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Taiwannyo Electric Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Taiwannyo Electric Co's Cyclically Adjusted Price-to-FCF falls into.



Taiwannyo Electric 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.

Taiwannyo Electric Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=40.65/1.64
=24.79

* 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.

Taiwannyo Electric Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Taiwannyo Electric Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.411/132.5538*132.5538
=0.411

Current CPI (Jun. 2024) = 132.5538.

Taiwannyo Electric Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 1.286 100.428 1.697
201412 1.191 99.070 1.594
201503 0.218 99.621 0.290
201506 0.379 100.684 0.499
201509 0.626 100.392 0.827
201512 0.379 99.792 0.503
201603 -0.067 100.470 -0.088
201606 0.159 101.688 0.207
201609 0.680 101.861 0.885
201612 -0.122 101.863 -0.159
201703 0.425 102.862 0.548
201706 -0.551 103.349 -0.707
201709 0.966 104.136 1.230
201712 0.468 104.011 0.596
201803 -0.049 105.290 -0.062
201806 0.029 106.317 0.036
201809 0.406 106.507 0.505
201812 -0.044 105.998 -0.055
201903 -0.687 107.251 -0.849
201906 0.019 108.070 0.023
201909 1.589 108.329 1.944
201912 -0.149 108.420 -0.182
202003 0.441 108.902 0.537
202006 0.509 108.767 0.620
202009 1.926 109.815 2.325
202012 -0.404 109.897 -0.487
202103 0.311 111.754 0.369
202106 0.012 114.631 0.014
202109 0.569 115.734 0.652
202112 0.433 117.630 0.488
202203 -0.165 121.301 -0.180
202206 0.070 125.017 0.074
202209 0.236 125.227 0.250
202212 -0.681 125.222 -0.721
202303 0.277 127.348 0.288
202306 0.502 128.729 0.517
202309 2.042 129.860 2.084
202312 -0.155 129.419 -0.159
202403 0.049 131.776 0.049
202406 0.411 132.554 0.411

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.


Taiwannyo Electric Co  (TPE:1614) 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.


Taiwannyo Electric Co Cyclically Adjusted Price-to-FCF Related Terms

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Taiwannyo Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 266, Songjiang Road, 10th floor, Taipei, TWN
Taiwan Sanyo Electric Co Ltd manufactures and markets home appliances. The company provides air conditioners, refrigerators, washing machines, electrical fans, electrical shavers, electrical cookers and video and audio disk players among others.

Taiwannyo Electric Co Headlines

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