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Tai Tung Communication Co (TPE:8011) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is Tai Tung Communication Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tai Tung Communication Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tai Tung Communication 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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Tai Tung Communication Co Cyclically Adjusted Price-to-FCF Chart

Tai Tung Communication Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Tai Tung Communication 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 Tai Tung Communication Co's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Tai Tung Communication 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.


Tai Tung Communication Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Tai Tung Communication Co's Cyclically Adjusted Price-to-FCF falls into.



Tai Tung Communication 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.

Tai Tung Communication Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tai Tung Communication 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)
=-0.018/131.7762*131.7762
=-0.018

Current CPI (Mar. 2024) = 131.7762.

Tai Tung Communication Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.448 100.560 -1.898
201409 -2.064 100.428 -2.708
201412 -2.205 99.070 -2.933
201503 -2.744 99.621 -3.630
201506 -2.452 100.684 -3.209
201509 -1.751 100.392 -2.298
201512 -1.256 99.792 -1.659
201603 -1.573 100.470 -2.063
201606 -2.567 101.688 -3.327
201609 -2.886 101.861 -3.734
201612 -0.018 101.863 -0.023
201703 -0.895 102.862 -1.147
201706 -0.241 103.349 -0.307
201709 -1.294 104.136 -1.637
201712 -0.179 104.011 -0.227
201803 -1.469 105.290 -1.839
201806 -0.566 106.317 -0.702
201809 1.465 106.507 1.813
201812 -0.676 105.998 -0.840
201903 -0.466 107.251 -0.573
201906 0.083 108.070 0.101
201909 -5.224 108.329 -6.355
201912 0.260 108.420 0.316
202003 -0.047 108.902 -0.057
202006 -0.869 108.767 -1.053
202009 1.270 109.815 1.524
202012 -0.122 109.897 -0.146
202103 -0.601 111.754 -0.709
202106 0.423 114.631 0.486
202109 -0.660 115.734 -0.751
202112 -0.118 117.630 -0.132
202203 0.062 121.301 0.067
202206 -0.331 125.017 -0.349
202209 0.967 125.227 1.018
202212 0.230 125.222 0.242
202303 0.287 127.348 0.297
202306 -4.261 128.729 -4.362
202309 -1.186 129.860 -1.204
202312 -0.520 129.419 -0.529
202403 -0.018 131.776 -0.018

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.


Tai Tung Communication Co  (TPE:8011) 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.


Tai Tung Communication Co Cyclically Adjusted Price-to-FCF Related Terms

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Tai Tung Communication Co (TPE:8011) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Number 219, Fuhui Road, Xinzhuang District, New Taipei City, TWN
Tai Tung Communication Co Ltd is a Taiwan-based company mainly engaged in the fiber optical cables and Fiber to the Home (FTTH) related accessories business, internal and external communication cables business, power transmission cables business, manufacture and sale of other products, and wholesale and retail sale of ores. The company's business operations cover outdoor and indoor optical cables, telecommunication cable, power transmission and distribution cable, CATV trunk and distribution cable and others.

Tai Tung Communication Co (TPE:8011) Headlines

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