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First Steamship Co (TPE:2601) Cyclically Adjusted Price-to-FCF : (As of May. 12, 2025)


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What is First Steamship Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Steamship Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Steamship 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.

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First Steamship Co Cyclically Adjusted Price-to-FCF Chart

First Steamship Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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First Steamship Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of First Steamship Co's Cyclically Adjusted Price-to-FCF

For the Department Stores subindustry, First Steamship 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 Steamship Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, First Steamship Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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

For example, First Steamship Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.792/133.1571*133.1571
=0.792

Current CPI (Dec. 2024) = 133.1571.

First Steamship Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -5.193 99.621 -6.941
201506 -1.622 100.684 -2.145
201509 -4.459 100.392 -5.914
201512 1.939 99.792 2.587
201603 -6.443 100.470 -8.539
201606 0.041 101.688 0.054
201609 0.667 101.861 0.872
201612 2.508 101.863 3.279
201703 -2.578 102.862 -3.337
201706 -1.114 103.349 -1.435
201709 -1.743 104.136 -2.229
201712 2.387 104.011 3.056
201803 -1.361 105.290 -1.721
201806 -1.425 106.317 -1.785
201809 -0.132 106.507 -0.165
201812 2.789 105.998 3.504
201903 -0.699 107.251 -0.868
201906 -0.155 108.070 -0.191
201909 -0.373 108.329 -0.458
201912 2.665 108.420 3.273
202003 -1.739 108.902 -2.126
202006 0.485 108.767 0.594
202009 0.602 109.815 0.730
202012 -1.094 109.897 -1.326
202103 0.052 111.754 0.062
202106 0.581 114.631 0.675
202109 -0.476 115.734 -0.548
202112 2.606 117.630 2.950
202203 -0.317 121.301 -0.348
202206 0.696 125.017 0.741
202209 0.172 125.227 0.183
202212 -0.182 125.222 -0.194
202303 0.765 127.348 0.800
202306 0.121 128.729 0.125
202309 0.040 129.860 0.041
202312 0.944 129.419 0.971
202403 0.006 131.776 0.006
202406 0.366 132.554 0.368
202409 0.124 133.029 0.124
202412 0.792 133.157 0.792

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 Steamship Co  (TPE:2601) 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 Steamship Co Cyclically Adjusted Price-to-FCF Related Terms

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First Steamship Co Business Description

Traded in Other Exchanges
N/A
Address
Fuxing S. Road, 14th Floor, No.237, Section 2, Daan District, Taipei, TWN, 106
First Steamship Co Ltd is Taiwan Taiwan-based company whose business activities include providing domestic and international marine transportation and related businesses, wholesale of vessels and related components, car and equipment rental, business management consultancy, department store retail industry, domestic and foreign investments, as well as development, rental, and sale of both residential and commercial buildings. It has the following reportable segments: Marine Transportation, Investment, Department Store, and the Rental segment. A majority of its revenue is generated from the Department Store segment which mainly retails general merchandise. The company's geographical markets include Taiwan, Mainland China, which derives key revenue, and other countries.

First Steamship Co Headlines

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