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United Renewable Energy Co (TPE:3576) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is United Renewable Energy Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


United Renewable Energy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United Renewable Energy 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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United Renewable Energy Co Cyclically Adjusted Price-to-FCF Chart

United Renewable Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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United Renewable Energy 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 United Renewable Energy Co's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, United Renewable Energy 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.


United Renewable Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, United Renewable Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where United Renewable Energy Co's Cyclically Adjusted Price-to-FCF falls into.



United Renewable Energy 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.

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

For example, United Renewable Energy 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)
=0.346/131.7762*131.7762
=0.346

Current CPI (Mar. 2024) = 131.7762.

United Renewable Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.150 100.560 0.197
201409 -3.218 100.428 -4.222
201412 2.411 99.070 3.207
201503 -1.620 99.621 -2.143
201506 1.284 100.684 1.681
201509 -2.874 100.392 -3.772
201512 0.561 99.792 0.741
201603 -1.539 100.470 -2.019
201606 -2.905 101.688 -3.765
201609 -1.186 101.861 -1.534
201612 -2.937 101.863 -3.799
201703 -3.111 102.862 -3.985
201706 0.555 103.349 0.708
201709 -2.879 104.136 -3.643
201712 -0.934 104.011 -1.183
201803 -0.709 105.290 -0.887
201806 -1.253 106.317 -1.553
201809 -0.855 106.507 -1.058
201812 -0.781 105.998 -0.971
201903 -1.047 107.251 -1.286
201906 0.048 108.070 0.059
201909 -0.909 108.329 -1.106
201912 0.548 108.420 0.666
202003 0.323 108.902 0.391
202006 0.439 108.767 0.532
202009 0.442 109.815 0.530
202012 0.064 109.897 0.077
202103 -0.034 111.754 -0.040
202106 0.318 114.631 0.366
202109 0.117 115.734 0.133
202112 0.031 117.630 0.035
202203 -0.049 121.301 -0.053
202206 -0.708 125.017 -0.746
202209 -1.078 125.227 -1.134
202212 -0.285 125.222 -0.300
202303 0.709 127.348 0.734
202306 0.638 128.729 0.653
202309 0.176 129.860 0.179
202312 -0.107 129.419 -0.109
202403 0.346 131.776 0.346

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.


United Renewable Energy Co  (TPE:3576) 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.


United Renewable Energy Co Cyclically Adjusted Price-to-FCF Related Terms

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United Renewable Energy Co (TPE:3576) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Lixing 3rd Road, Hsinchu Science Park, Hsinchu, TWN, 30078
United Renewable Energy Co Ltd manufactures solar cells and modules. The company's solar cell offerings provide specified reverse current, shunt resistance, minimum power loss rate, low breakage rates, and several other benefits. Its modules are built to meet various international certifications, in addition to many different conditions. Bifacial solar cell products are built to take advantage of both vertical and horizontal installations and can be utilized in adverse environments. The company produces other lines of solar cell products that can take advantage of more residential or commercial applications and deliver customized solutions.

United Renewable Energy Co (TPE:3576) Headlines

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