GURUFOCUS.COM » STOCK LIST » Industrials » Construction » L & K Engineering Co Ltd (TPE:6139) » Definitions » Cyclically Adjusted Price-to-FCF

L & K Engineering Co (TPE:6139) Cyclically Adjusted Price-to-FCF : 23.97 (As of Sep. 22, 2024)


View and export this data going back to 2003. Start your Free Trial

What is L & K Engineering Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-22), L & K Engineering Co's current share price is NT$215.50. L & K Engineering Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was NT$8.99. L & K Engineering Co's Cyclically Adjusted Price-to-FCF for today is 23.97.

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

TPE:6139' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.6   Med: 24.09   Max: 70.76
Current: 23.96

During the past years, L & K Engineering Co's highest Cyclically Adjusted Price-to-FCF was 70.76. The lowest was 12.60. And the median was 24.09.

TPE:6139's Cyclically Adjusted Price-to-FCF is ranked worse than
59.32% of 558 companies
in the Construction industry
Industry Median: 17.21 vs TPE:6139: 23.96

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.

L & K Engineering Co's adjusted free cash flow per share data for the three months ended in Jun. 2024 was NT$8.933. 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$8.99 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


L & K Engineering Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for L & K 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.

* Premium members only.

L & K Engineering Co Cyclically Adjusted Price-to-FCF Chart

L & K Engineering Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 18.14

L & K Engineering Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 15.31 14.11 21.07 30.33 26.74

Competitive Comparison of L & K Engineering Co's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, L & K 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.


L & K Engineering Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, L & K Engineering Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where L & K Engineering Co's Cyclically Adjusted Price-to-FCF falls into.



L & K 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.

L & K Engineering Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=215.50/8.99
=23.97

* 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.

L & K Engineering Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, L & K Engineering Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=8.933/132.5538*132.5538
=8.933

Current CPI (Jun. 2024) = 132.5538.

L & K Engineering Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.239 100.560 4.270
201409 0.284 100.428 0.375
201412 -3.582 99.070 -4.793
201503 -1.918 99.621 -2.552
201506 -1.676 100.684 -2.207
201509 -5.234 100.392 -6.911
201512 6.612 99.792 8.783
201603 1.934 100.470 2.552
201606 -2.797 101.688 -3.646
201609 -1.543 101.861 -2.008
201612 5.640 101.863 7.339
201703 -6.975 102.862 -8.988
201706 -4.511 103.349 -5.786
201709 0.067 104.136 0.085
201712 1.947 104.011 2.481
201803 2.414 105.290 3.039
201806 1.592 106.317 1.985
201809 -3.447 106.507 -4.290
201812 13.059 105.998 16.331
201903 -5.893 107.251 -7.283
201906 -4.112 108.070 -5.044
201909 2.467 108.329 3.019
201912 -1.748 108.420 -2.137
202003 -4.769 108.902 -5.805
202006 1.758 108.767 2.142
202009 1.382 109.815 1.668
202012 1.187 109.897 1.432
202103 -1.412 111.754 -1.675
202106 -5.345 114.631 -6.181
202109 4.979 115.734 5.703
202112 7.109 117.630 8.011
202203 -1.767 121.301 -1.931
202206 3.243 125.017 3.439
202209 29.893 125.227 31.642
202212 0.957 125.222 1.013
202303 10.823 127.348 11.265
202306 4.073 128.729 4.194
202309 8.143 129.860 8.312
202403 23.023 131.776 23.159
202406 8.933 132.554 8.933

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.


L & K Engineering Co  (TPE:6139) 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.


L & K Engineering Co Cyclically Adjusted Price-to-FCF Related Terms

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


L & K Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
5F., No.17, Lane 120, Neihu Rd, Sec. 1, Neihu District, Taipei City, TWN, 11493
L & K Engineering Co Ltd is a Taiwan-based professional engineering company that provides fully integrated turnkey engineering services for cleanroom construction projects, process utility systems, electrical and mechanical engineering, and other associated engineering projects. The company is also engaged in the construction of hospital sterile rooms, biochemical pharmaceutical sterile rooms, electronic industry clean rooms, and related mechanical and electrical pipelines.

L & K Engineering Co Headlines

No Headlines