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Gourmet Master Co (TPE:2723) Cyclically Adjusted Price-to-FCF : 7.74 (As of Jun. 25, 2024)


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What is Gourmet Master Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-25), Gourmet Master Co's current share price is NT$87.50. Gourmet Master Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$11.30. Gourmet Master Co's Cyclically Adjusted Price-to-FCF for today is 7.74.

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

TPE:2723' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.72   Med: 14.79   Max: 25.07
Current: 7.79

During the past years, Gourmet Master Co's highest Cyclically Adjusted Price-to-FCF was 25.07. The lowest was 7.72. And the median was 14.79.

TPE:2723's Cyclically Adjusted Price-to-FCF is ranked better than
79.34% of 121 companies
in the Restaurants industry
Industry Median: 15.6 vs TPE:2723: 7.79

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.

Gourmet Master Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.573. 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$11.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gourmet Master Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gourmet Master 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.

Gourmet Master Co Cyclically Adjusted Price-to-FCF Chart

Gourmet Master 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 20.08 19.81 13.21 15.60 9.27

Gourmet Master 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 14.09 13.78 9.72 9.27 8.18

Competitive Comparison of Gourmet Master Co's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Gourmet Master 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.


Gourmet Master Co's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Gourmet Master 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.

Gourmet Master Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=87.50/11.3
=7.74

* 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.

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

For example, Gourmet Master 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)
=1.573/131.7762*131.7762
=1.573

Current CPI (Mar. 2024) = 131.7762.

Gourmet Master Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.601 100.560 -2.098
201409 1.571 100.428 2.061
201412 -0.765 99.070 -1.018
201503 0.176 99.621 0.233
201506 -0.223 100.684 -0.292
201509 1.362 100.392 1.788
201512 2.659 99.792 3.511
201603 2.638 100.470 3.460
201606 1.644 101.688 2.130
201609 2.873 101.861 3.717
201612 3.293 101.863 4.260
201703 1.068 102.862 1.368
201706 2.449 103.349 3.123
201709 2.415 104.136 3.056
201712 3.141 104.011 3.979
201803 3.336 105.290 4.175
201806 0.570 106.317 0.706
201809 0.408 106.507 0.505
201812 3.014 105.998 3.747
201903 5.446 107.251 6.691
201906 4.580 108.070 5.585
201909 4.868 108.329 5.922
201912 3.793 108.420 4.610
202003 -0.901 108.902 -1.090
202006 2.635 108.767 3.192
202009 6.416 109.815 7.699
202012 5.793 109.897 6.946
202103 3.203 111.754 3.777
202106 4.360 114.631 5.012
202109 3.060 115.734 3.484
202112 3.950 117.630 4.425
202203 1.966 121.301 2.136
202206 1.834 125.017 1.933
202209 0.364 125.227 0.383
202212 1.917 125.222 2.017
202303 4.792 127.348 4.959
202306 0.122 128.729 0.125
202309 3.841 129.860 3.898
202312 1.299 129.419 1.323
202403 1.573 131.776 1.573

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.


Gourmet Master Co  (TPE:2723) 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.


Gourmet Master Co Cyclically Adjusted Price-to-FCF Related Terms

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


Gourmet Master Co (TPE:2723) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, 23rd, Nantun District, Taichung, TWN
Gourmet Master Co Ltd operates a chain of cafe stores under the brand 85 Degrees Daily Cafe. Its branch footprints spread across the urban areas of Taiwan, Mainland China, and Hong Kong. The company also owns a few stores in the United States and Australia. The company is mainly engaged in the production and distribution of beverages, including coffee, tea, milk tea, and cold drinks, as well as bakery products such as cakes, bread, and Western-style desserts. Gourmet Master also engages in the retailing of packaged desserts, instant coffee, imported coffee beans, and gift boxes, as well as wholesale bakery machinery.

Gourmet Master Co (TPE:2723) Headlines

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