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TaiDoc Technology (TPE:4736) Cyclically Adjusted Price-to-FCF : 15.98 (As of Jan. 18, 2025)


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What is TaiDoc Technology Cyclically Adjusted Price-to-FCF?

As of today (2025-01-18), TaiDoc Technology's current share price is NT$140.00. TaiDoc Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was NT$8.76. TaiDoc Technology's Cyclically Adjusted Price-to-FCF for today is 15.98.

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

TPE:4736' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.83   Med: 31.18   Max: 89.6
Current: 16.32

During the past years, TaiDoc Technology's highest Cyclically Adjusted Price-to-FCF was 89.60. The lowest was 14.83. And the median was 31.18.

TPE:4736's Cyclically Adjusted Price-to-FCF is ranked better than
81.45% of 221 companies
in the Medical Devices & Instruments industry
Industry Median: 41.17 vs TPE:4736: 16.32

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.

TaiDoc Technology's adjusted free cash flow per share data for the three months ended in Sep. 2024 was NT$-10.699. 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$8.76 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TaiDoc Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TaiDoc Technology'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.

TaiDoc Technology Cyclically Adjusted Price-to-FCF Chart

TaiDoc Technology 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 48.55 43.43 30.92 20.34 16.43

TaiDoc Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 16.42 16.43 15.67 17.15 17.69

Competitive Comparison of TaiDoc Technology's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, TaiDoc Technology'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.


TaiDoc Technology's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, TaiDoc Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TaiDoc Technology's Cyclically Adjusted Price-to-FCF falls into.



TaiDoc Technology 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.

TaiDoc Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=140.00/8.76
=15.98

* 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.

TaiDoc Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, TaiDoc Technology's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-10.699/133.0289*133.0289
=-10.699

Current CPI (Sep. 2024) = 133.0289.

TaiDoc Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.810 99.070 2.430
201503 1.034 99.621 1.381
201506 -0.923 100.684 -1.220
201509 1.220 100.392 1.617
201512 0.759 99.792 1.012
201603 2.100 100.470 2.781
201606 0.847 101.688 1.108
201609 -0.024 101.861 -0.031
201612 2.280 101.863 2.978
201703 -0.440 102.862 -0.569
201706 1.664 103.349 2.142
201709 2.231 104.136 2.850
201712 0.755 104.011 0.966
201803 3.680 105.290 4.650
201806 -8.717 106.317 -10.907
201809 2.080 106.507 2.598
201812 -0.179 105.998 -0.225
201903 1.725 107.251 2.140
201906 2.461 108.070 3.029
201909 1.524 108.329 1.871
201912 2.966 108.420 3.639
202003 5.005 108.902 6.114
202006 3.404 108.767 4.163
202009 1.629 109.815 1.973
202012 0.806 109.897 0.976
202103 0.775 111.754 0.923
202106 3.446 114.631 3.999
202109 4.412 115.734 5.071
202112 8.000 117.630 9.047
202203 5.329 121.301 5.844
202206 6.363 125.017 6.771
202209 12.420 125.227 13.194
202212 3.977 125.222 4.225
202303 1.138 127.348 1.189
202306 -3.210 128.729 -3.317
202309 1.548 129.860 1.586
202312 11.577 129.419 11.900
202403 -0.471 131.776 -0.475
202406 0.902 132.554 0.905
202409 -10.699 133.029 -10.699

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.


TaiDoc Technology  (TPE:4736) 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.


TaiDoc Technology Cyclically Adjusted Price-to-FCF Related Terms

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


TaiDoc Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 127, Wugong 2nd Road, 6th Floor, Wugu District, New Taipei City, TWN, 24888
TaiDoc Technology Corp is in the business of manufacturing and marketing electronic components and medical devices. It focuses on providing complete solutions covering Home care diagnostics, Professional instruments, and Telehealth systems. Its products and services include a Blood glucose monitoring system, Multiple parameters monitoring system, Irregular heartbeat detection, Vital sign monitor, Nebulizer, and others. The firm's manufacturing facilities are in Taipei and Taoyuan. It has three segments Manufacturing of Medical Devices, Precision Finishing Division, and Sales of Medical Devices. It derives the majority of its revenue from the Manufacturing of Medical Devices. Geographically, the company derives its key revenue from Europe and the rest from Americas, Middle East, and others.

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