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Cheer Time Enterprise Co (TPE:3229) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2025)


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What is Cheer Time Enterprise Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheer Time Enterprise Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cheer Time Enterprise 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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Cheer Time Enterprise Co Cyclically Adjusted Price-to-FCF Chart

Cheer Time Enterprise Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Cheer Time Enterprise Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Cheer Time Enterprise Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Cheer Time Enterprise 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.


Cheer Time Enterprise Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cheer Time Enterprise Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Cheer Time Enterprise Co's Cyclically Adjusted Price-to-FCF falls into.


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Cheer Time Enterprise 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.

Cheer Time Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Cheer Time Enterprise Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.448/134.9266*134.9266
=0.448

Current CPI (Mar. 2025) = 134.9266.

Cheer Time Enterprise Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -1.201 100.684 -1.609
201509 -2.465 100.392 -3.313
201512 -3.500 99.792 -4.732
201603 3.069 100.470 4.122
201606 -0.766 101.688 -1.016
201609 0.536 101.861 0.710
201612 -0.857 101.863 -1.135
201703 -2.049 102.862 -2.688
201706 0.988 103.349 1.290
201709 0.115 104.136 0.149
201712 -0.995 104.011 -1.291
201803 -0.873 105.290 -1.119
201806 -0.645 106.317 -0.819
201809 -0.471 106.507 -0.597
201812 -1.094 105.998 -1.393
201903 -0.569 107.251 -0.716
201906 -1.198 108.070 -1.496
201909 -2.007 108.329 -2.500
201912 -0.305 108.420 -0.380
202003 -1.953 108.902 -2.420
202006 -0.686 108.767 -0.851
202009 -0.441 109.815 -0.542
202012 -0.080 109.897 -0.098
202103 -0.004 111.754 -0.005
202106 -0.422 114.631 -0.497
202109 0.217 115.734 0.253
202112 -0.078 117.630 -0.089
202203 -0.067 121.301 -0.075
202206 0.200 125.017 0.216
202209 0.434 125.227 0.468
202212 0.006 125.222 0.006
202303 0.047 127.348 0.050
202306 0.466 128.729 0.488
202309 -0.516 129.860 -0.536
202312 -0.529 129.419 -0.552
202403 0.885 131.776 0.906
202406 -0.870 132.554 -0.886
202409 0.530 133.029 0.538
202412 0.443 133.157 0.449
202503 0.448 134.927 0.448

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.


Cheer Time Enterprise Co  (TPE:3229) 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.


Cheer Time Enterprise Co Cyclically Adjusted Price-to-FCF Related Terms

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Cheer Time Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Lane 305, South Cyonglin Road, Sinjhuang District, New Taipei, TWN, 242
Cheer Time Enterprise Co Ltd is engaged mainly in the manufacturing, processing, and sales of rigid Printed Circuit boards (PCB), manufacturing of electronic components, retail sales, and installation of network surveillance video equipment, as well as international trade. Its products include PCB Drilling, Phosphorus copper balls, Electronic components HDI, Teflon Ceramics, Ceramics mix FR-4, Load Board PCB, Aluminum, Rigid-Flex board, and Special Process. Its segments are the Printed Circuit Board Business Unit, International Business, and Administrative Unit. The company generates the majority of its revenue from the Printed Circuit Board Business Unit. Geographically, the company generates the majority of its revenue from Taiwan.

Cheer Time Enterprise Co Headlines

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