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Taiwan Fertilizer Co (TPE:1722) Cyclically Adjusted Price-to-FCF : 12.93 (As of May. 21, 2024)


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What is Taiwan Fertilizer Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Taiwan Fertilizer Co's current share price is NT$63.50. Taiwan Fertilizer Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.91. Taiwan Fertilizer Co's Cyclically Adjusted Price-to-FCF for today is 12.93.

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

TPE:1722' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.4   Med: 16.74   Max: 22.04
Current: 13.03

During the past years, Taiwan Fertilizer Co's highest Cyclically Adjusted Price-to-FCF was 22.04. The lowest was 12.40. And the median was 16.74.

TPE:1722's Cyclically Adjusted Price-to-FCF is ranked better than
68.82% of 93 companies
in the Agriculture industry
Industry Median: 16.89 vs TPE:1722: 13.03

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.

Taiwan Fertilizer Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.526. 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$4.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Fertilizer Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taiwan Fertilizer 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.

Taiwan Fertilizer Co Cyclically Adjusted Price-to-FCF Chart

Taiwan Fertilizer 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 17.40 16.89 19.34 12.44 14.74

Taiwan Fertilizer 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 13.46 13.54 12.78 14.74 12.85

Competitive Comparison of Taiwan Fertilizer Co's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, Taiwan Fertilizer 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.


Taiwan Fertilizer Co's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Taiwan Fertilizer Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Taiwan Fertilizer 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.

Taiwan Fertilizer Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=63.50/4.91
=12.93

* 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.

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

For example, Taiwan Fertilizer 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)
=1.526/131.7762*131.7762
=1.526

Current CPI (Mar. 2024) = 131.7762.

Taiwan Fertilizer Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.413 100.560 -0.541
201409 -0.779 100.428 -1.022
201412 0.514 99.070 0.684
201503 1.352 99.621 1.788
201506 1.293 100.684 1.692
201509 15.737 100.392 20.657
201512 0.642 99.792 0.848
201603 0.358 100.470 0.470
201606 -0.069 101.688 -0.089
201609 0.399 101.861 0.516
201612 0.169 101.863 0.219
201703 0.640 102.862 0.820
201706 0.274 103.349 0.349
201709 0.491 104.136 0.621
201712 0.787 104.011 0.997
201803 0.908 105.290 1.136
201806 0.275 106.317 0.341
201809 0.360 106.507 0.445
201812 -0.524 105.998 -0.651
201903 1.000 107.251 1.229
201906 0.282 108.070 0.344
201909 0.420 108.329 0.511
201912 0.923 108.420 1.122
202003 -0.090 108.902 -0.109
202006 -0.002 108.767 -0.002
202009 0.541 109.815 0.649
202012 -0.060 109.897 -0.072
202103 0.391 111.754 0.461
202106 1.658 114.631 1.906
202109 -0.261 115.734 -0.297
202112 0.854 117.630 0.957
202203 2.653 121.301 2.882
202206 0.032 125.017 0.034
202209 1.016 125.227 1.069
202212 1.646 125.222 1.732
202303 1.148 127.348 1.188
202306 2.711 128.729 2.775
202309 1.828 129.860 1.855
202312 0.080 129.419 0.081
202403 1.526 131.776 1.526

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.


Taiwan Fertilizer Co  (TPE:1722) 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.


Taiwan Fertilizer Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Taiwan Fertilizer Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Taiwan Fertilizer Co (TPE:1722) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Nanjing East Road, 6th Floor, Section 2, Taipei, TWN, 10457
Taiwan Fertilizer Co Ltd involves in the manufacture and sale of fertilizers as well as real estate construction and leasing. The company reports three operating segments: Fertilizer and Chemical, Construction, and Others. The Fertilizer and Chemical segment generates the vast majority of revenue through the manufacture and sale of inorganic and organic fertilizers and other chemical products. The Construction segment includes the construction and leasing of real estate. The Other segment consists of multiple subsidiaries across the investment, retail, biotechnology services, and grocery industries.

Taiwan Fertilizer Co (TPE:1722) Headlines

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