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Fusheng Precision Co (TPE:6670) Cyclically Adjusted Price-to-FCF : 19.96 (As of May. 21, 2024)


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What is Fusheng Precision Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Fusheng Precision Co's current share price is NT$292.00. Fusheng Precision Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was NT$14.63. Fusheng Precision Co's Cyclically Adjusted Price-to-FCF for today is 19.96.

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

TPE:6670' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.39   Med: 16.08   Max: 20.34
Current: 20.34

During the past 11 years, Fusheng Precision Co's highest Cyclically Adjusted Price-to-FCF was 20.34. The lowest was 14.39. And the median was 16.08.

TPE:6670's Cyclically Adjusted Price-to-FCF is ranked better than
52.71% of 351 companies
in the Travel & Leisure industry
Industry Median: 21.74 vs TPE:6670: 20.34

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.

Fusheng Precision Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was NT$28.429. 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$14.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fusheng Precision Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fusheng Precision 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.

Fusheng Precision Co Cyclically Adjusted Price-to-FCF Chart

Fusheng Precision Co 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 - - - 16.62 14.12

Fusheng Precision Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 14.12 -

Competitive Comparison of Fusheng Precision Co's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Fusheng Precision 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.


Fusheng Precision Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fusheng Precision Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fusheng Precision Co's Cyclically Adjusted Price-to-FCF falls into.



Fusheng Precision 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.

Fusheng Precision Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=292.00/14.63
=19.96

* 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.

Fusheng Precision Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Fusheng Precision Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=28.429/129.4194*129.4194
=28.429

Current CPI (Dec23) = 129.4194.

Fusheng Precision Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 9.498 99.070 12.408
201512 10.631 99.792 13.787
201612 15.611 101.863 19.834
201712 10.139 104.011 12.616
201812 12.879 105.998 15.725
201912 10.132 108.420 12.094
202012 -1.862 109.897 -2.193
202112 6.019 117.630 6.622
202212 26.068 125.222 26.942
202312 28.429 129.419 28.429

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.


Fusheng Precision Co  (TPE:6670) 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.


Fusheng Precision Co Cyclically Adjusted Price-to-FCF Related Terms

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


Fusheng Precision Co (TPE:6670) Business Description

Traded in Other Exchanges
N/A
Address
No. 172, Section 2, Nanjing East Road, 3rd Floor, Zhongshan District, Taipei, TWN
Fusheng Precision Co Ltd is engaged in the business of exporting high-quality golf club heads, carbon fiber golf shafts, golf club assembled sets, baseball, and softball bats, and industrial precision parts. Its business segments include Golf Business and Sports Equipment Business. Also, the company provides aerospace and automotive precision parts.

Fusheng Precision Co (TPE:6670) Headlines

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