GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » King Slide Works Co Ltd (TPE:2059) » Definitions » Cyclically Adjusted Price-to-FCF

King Slide Works Co (TPE:2059) Cyclically Adjusted Price-to-FCF : 50.29 (As of May. 31, 2024)


View and export this data going back to 2008. Start your Free Trial

What is King Slide Works Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), King Slide Works Co's current share price is NT$1125.00. King Slide Works Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$22.37. King Slide Works Co's Cyclically Adjusted Price-to-FCF for today is 50.29.

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

TPE:2059' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.64   Med: 22.82   Max: 63.57
Current: 57

During the past years, King Slide Works Co's highest Cyclically Adjusted Price-to-FCF was 63.57. The lowest was 17.64. And the median was 22.82.

TPE:2059's Cyclically Adjusted Price-to-FCF is ranked worse than
83.33% of 186 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.14 vs TPE:2059: 57.00

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.

King Slide Works Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$9.828. 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$22.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


King Slide Works Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for King Slide Works 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.

King Slide Works Co Cyclically Adjusted Price-to-FCF Chart

King Slide Works 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 23.61 18.58 30.46 18.95 42.25

King Slide Works 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 18.34 31.80 38.83 42.25 56.11

Competitive Comparison of King Slide Works Co's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.


King Slide Works Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where King Slide Works Co's Cyclically Adjusted Price-to-FCF falls into.



King Slide Works 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.

King Slide Works Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1125.00/22.37
=50.29

* 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.

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

For example, King Slide Works 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)
=9.828/131.7762*131.7762
=9.828

Current CPI (Mar. 2024) = 131.7762.

King Slide Works Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.594 100.560 3.399
201409 4.883 100.428 6.407
201412 6.606 99.070 8.787
201503 4.264 99.621 5.640
201506 3.594 100.684 4.704
201509 8.212 100.392 10.779
201512 6.483 99.792 8.561
201603 2.862 100.470 3.754
201606 4.072 101.688 5.277
201609 2.035 101.861 2.633
201612 7.212 101.863 9.330
201703 -0.256 102.862 -0.328
201706 1.843 103.349 2.350
201709 2.613 104.136 3.307
201712 2.966 104.011 3.758
201803 1.870 105.290 2.340
201806 6.292 106.317 7.799
201809 3.729 106.507 4.614
201812 5.840 105.998 7.260
201903 5.438 107.251 6.682
201906 2.813 108.070 3.430
201909 4.489 108.329 5.461
201912 6.757 108.420 8.213
202003 3.605 108.902 4.362
202006 1.196 108.767 1.449
202009 4.907 109.815 5.888
202012 3.108 109.897 3.727
202103 0.533 111.754 0.628
202106 -0.271 114.631 -0.312
202109 3.786 115.734 4.311
202112 3.776 117.630 4.230
202203 6.397 121.301 6.949
202206 1.357 125.017 1.430
202209 8.716 125.227 9.172
202212 15.969 125.222 16.805
202303 11.653 127.348 12.058
202306 0.052 128.729 0.053
202309 9.035 129.860 9.168
202312 9.606 129.419 9.781
202403 9.828 131.776 9.828

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.


King Slide Works Co  (TPE:2059) 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.


King Slide Works Co Cyclically Adjusted Price-to-FCF Related Terms

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


King Slide Works Co (TPE:2059) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Lane 275, Shun An Road, Lu Chu District, Kaohsiung, TWN, 82150
King Slide Works Co Ltd is a Taiwan-based company that manufactures and distributes electronic parts and components. The company operates primarily through two subsidiaries: King Slide Works and King Slide Technology. King Slide Works is a Taiwan-based company that develops, manufactures, and markets furniture accessories, including under-mount slides, ball-bearing slides, epoxy-coated drawer slides, and hinges. King Slide Technology develops and manufactures high-precision metal components applied in computer, communications, and consumer electronics products. The company has a global presence, with Taiwan, America, and China being its three largest markets.

King Slide Works Co (TPE:2059) Headlines

No Headlines