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Lung Ming Green Energy Technology Engineering Co (TPE:3018) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Lung Ming Green Energy Technology Engineering Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lung Ming Green Energy Technology Engineering Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lung Ming Green Energy Technology Engineering 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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Lung Ming Green Energy Technology Engineering Co Cyclically Adjusted Price-to-FCF Chart

Lung Ming Green Energy Technology Engineering Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Lung Ming Green Energy Technology Engineering Co 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 Lung Ming Green Energy Technology Engineering Co's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Lung Ming Green Energy Technology Engineering 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.


Lung Ming Green Energy Technology Engineering Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lung Ming Green Energy Technology Engineering Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lung Ming Green Energy Technology Engineering Co's Cyclically Adjusted Price-to-FCF falls into.



Lung Ming Green Energy Technology Engineering 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.

Lung Ming Green Energy Technology Engineering Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lung Ming Green Energy Technology Engineering 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)
=-0.222/131.7762*131.7762
=-0.222

Current CPI (Mar. 2024) = 131.7762.

Lung Ming Green Energy Technology Engineering Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.490 100.560 -3.263
201409 2.859 100.428 3.751
201412 -2.234 99.070 -2.972
201503 -0.665 99.621 -0.880
201506 -4.118 100.684 -5.390
201509 -3.473 100.392 -4.559
201512 -3.645 99.792 -4.813
201603 -0.763 100.470 -1.001
201606 1.546 101.688 2.003
201609 -0.888 101.861 -1.149
201612 -2.807 101.863 -3.631
201703 0.532 102.862 0.682
201706 1.984 103.349 2.530
201709 1.453 104.136 1.839
201712 0.096 104.011 0.122
201803 -1.089 105.290 -1.363
201806 -3.316 106.317 -4.110
201809 -1.899 106.507 -2.350
201812 0.114 105.998 0.142
201903 0.560 107.251 0.688
201906 0.668 108.070 0.815
201909 1.192 108.329 1.450
201912 1.173 108.420 1.426
202003 1.950 108.902 2.360
202006 -2.038 108.767 -2.469
202009 0.003 109.815 0.004
202012 3.910 109.897 4.688
202103 -3.855 111.754 -4.546
202106 -2.449 114.631 -2.815
202109 -3.896 115.734 -4.436
202112 5.269 117.630 5.903
202203 -1.164 121.301 -1.265
202206 -1.708 125.017 -1.800
202209 0.307 125.227 0.323
202212 -1.107 125.222 -1.165
202303 -0.200 127.348 -0.207
202306 -4.060 128.729 -4.156
202309 -1.173 129.860 -1.190
202312 -1.402 129.419 -1.428
202403 -0.222 131.776 -0.222

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.


Lung Ming Green Energy Technology Engineering Co  (TPE:3018) 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.


Lung Ming Green Energy Technology Engineering Co Cyclically Adjusted Price-to-FCF Related Terms

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Lung Ming Green Energy Technology Engineering Co (TPE:3018) Business Description

Traded in Other Exchanges
N/A
Address
No. 602, Mingshui Road, 3rd Floor, Zhongshan District, Taipei, TWN
Lung Ming Green Energy Technology Engineering Co Ltd plans, designs, and constructs clean-room systems and electromechanical systems, as well as the treatment of waste solvent. It provides integration, testing, and maintenance services. Geographically, business activities are carried out through Taiwan.

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