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U-Ming Marine Transport (TPE:2606) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is U-Ming Marine Transport Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


U-Ming Marine Transport Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for U-Ming Marine Transport'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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U-Ming Marine Transport Cyclically Adjusted Price-to-FCF Chart

U-Ming Marine Transport Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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U-Ming Marine Transport Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of U-Ming Marine Transport's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, U-Ming Marine Transport'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.


U-Ming Marine Transport's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, U-Ming Marine Transport's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where U-Ming Marine Transport's Cyclically Adjusted Price-to-FCF falls into.



U-Ming Marine Transport 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.

U-Ming Marine Transport's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, U-Ming Marine Transport'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)
=1.638/131.7762*131.7762
=1.638

Current CPI (Mar. 2024) = 131.7762.

U-Ming Marine Transport Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.704 100.560 -2.233
201409 0.786 100.428 1.031
201412 -0.594 99.070 -0.790
201503 0.214 99.621 0.283
201506 -3.196 100.684 -4.183
201509 0.057 100.392 0.075
201512 -0.683 99.792 -0.902
201603 -0.058 100.470 -0.076
201606 0.556 101.688 0.721
201609 -0.117 101.861 -0.151
201612 -0.408 101.863 -0.528
201703 -3.665 102.862 -4.695
201706 -0.225 103.349 -0.287
201709 0.113 104.136 0.143
201712 0.533 104.011 0.675
201803 -0.216 105.290 -0.270
201806 1.100 106.317 1.363
201809 0.162 106.507 0.200
201812 0.363 105.998 0.451
201903 0.565 107.251 0.694
201906 0.502 108.070 0.612
201909 1.167 108.329 1.420
201912 0.695 108.420 0.845
202003 0.545 108.902 0.659
202006 -0.062 108.767 -0.075
202009 -0.238 109.815 -0.286
202012 -1.810 109.897 -2.170
202103 0.161 111.754 0.190
202106 0.218 114.631 0.251
202109 -0.620 115.734 -0.706
202112 1.806 117.630 2.023
202203 -0.073 121.301 -0.079
202206 0.044 125.017 0.046
202209 -1.263 125.227 -1.329
202212 -4.030 125.222 -4.241
202303 -3.948 127.348 -4.085
202306 -0.202 128.729 -0.207
202309 1.163 129.860 1.180
202312 0.222 129.419 0.226
202403 1.638 131.776 1.638

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.


U-Ming Marine Transport  (TPE:2606) 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.


U-Ming Marine Transport Cyclically Adjusted Price-to-FCF Related Terms

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U-Ming Marine Transport (TPE:2606) Business Description

Traded in Other Exchanges
N/A
Address
No. 207, Section 2, Tun Hwa South Road, 29th Floor, Taipei, TWN, 106
U-Ming Marine Transport Corp is a transportation and logistics company, domiciled in Taiwan. The company organizes itself into two segments: marine transportation and investment. The marine transportation segment, which contributes the vast majority of revenue, owns and operates a fleet of vessels to transport dry bulk cargo, including cement, oil, coal, iron ore, steel, grain, and other commodities.

U-Ming Marine Transport (TPE:2606) Headlines

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