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First Copper Technology Co (TPE:2009) Cyclically Adjusted Price-to-FCF : 1,740.00 (As of Jun. 03, 2024)


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What is First Copper Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-03), First Copper Technology Co's current share price is NT$52.20. First Copper Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.03. First Copper Technology Co's Cyclically Adjusted Price-to-FCF for today is 1,740.00.

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

TPE:2009' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.76   Med: 116.35   Max: 3280
Current: 1940.84

During the past years, First Copper Technology Co's highest Cyclically Adjusted Price-to-FCF was 3280.00. The lowest was 11.76. And the median was 116.35.

TPE:2009's Cyclically Adjusted Price-to-FCF is ranked worse than
99.6% of 250 companies
in the Metals & Mining industry
Industry Median: 21.76 vs TPE:2009: 1940.84

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.

First Copper Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.194. 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$0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Copper Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Copper Technology 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.

First Copper Technology Co Cyclically Adjusted Price-to-FCF Chart

First Copper Technology 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 19.52 61.76 99.53 361.00 895.57

First Copper Technology 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 315.88 339.58 2,366.89 895.57 1,390.56

Competitive Comparison of First Copper Technology Co's Cyclically Adjusted Price-to-FCF

For the Copper subindustry, First Copper Technology 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.


First Copper Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Copper Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where First Copper Technology Co's Cyclically Adjusted Price-to-FCF falls into.



First Copper Technology 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.

First Copper Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=52.20/0.03
=1,740.00

* 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.

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

For example, First Copper Technology 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)
=-0.194/131.7762*131.7762
=-0.194

Current CPI (Mar. 2024) = 131.7762.

First Copper Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.366 100.560 -0.480
201409 -0.274 100.428 -0.360
201412 0.409 99.070 0.544
201503 -0.136 99.621 -0.180
201506 0.183 100.684 0.240
201509 0.061 100.392 0.080
201512 0.557 99.792 0.736
201603 -0.503 100.470 -0.660
201606 0.063 101.688 0.082
201609 -0.179 101.861 -0.232
201612 0.004 101.863 0.005
201703 -0.139 102.862 -0.178
201706 0.071 103.349 0.091
201709 -0.170 104.136 -0.215
201712 -0.239 104.011 -0.303
201803 -0.204 105.290 -0.255
201806 0.531 106.317 0.658
201809 0.765 106.507 0.947
201812 0.440 105.998 0.547
201903 -0.187 107.251 -0.230
201906 -0.241 108.070 -0.294
201909 0.113 108.329 0.137
201912 0.129 108.420 0.157
202003 -0.861 108.902 -1.042
202006 0.234 108.767 0.284
202009 0.541 109.815 0.649
202012 -0.326 109.897 -0.391
202103 0.033 111.754 0.039
202106 -0.206 114.631 -0.237
202109 -0.418 115.734 -0.476
202112 0.468 117.630 0.524
202203 -0.100 121.301 -0.109
202206 -0.789 125.017 -0.832
202209 0.383 125.227 0.403
202212 0.374 125.222 0.394
202303 -0.092 127.348 -0.095
202306 0.004 128.729 0.004
202309 0.254 129.860 0.258
202312 0.248 129.419 0.253
202403 -0.194 131.776 -0.194

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.


First Copper Technology Co  (TPE:2009) 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.


First Copper Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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First Copper Technology Co (TPE:2009) Business Description

Traded in Other Exchanges
N/A
Address
No. 170, Chung Cheng 4th Road, 4th Floor, Kaohsiung, TWN
First Copper Technology Co Ltd is Taiwan based company. The company is engaged in the manufacture and sale of copper wire and copper plate, and the processing of scrap iron and copper. Geographically the company earns revenue in Taiwan, Mainland China, Japan and others.

First Copper Technology Co (TPE:2009) Headlines

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