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MJ International Co (TPE:8466) Cyclically Adjusted Price-to-FCF : 22.88 (As of Sep. 22, 2024)


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What is MJ International Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-22), MJ International Co's current share price is NT$64.30. MJ International Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was NT$2.81. MJ International Co's Cyclically Adjusted Price-to-FCF for today is 22.88.

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

TPE:8466' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.73   Med: 16.31   Max: 22.85
Current: 22.85

During the past 11 years, MJ International Co's highest Cyclically Adjusted Price-to-FCF was 22.85. The lowest was 9.73. And the median was 16.31.

TPE:8466's Cyclically Adjusted Price-to-FCF is ranked worse than
57.17% of 558 companies
in the Construction industry
Industry Median: 17.21 vs TPE:8466: 22.85

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.

MJ International Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was NT$1.653. 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$2.81 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


MJ International Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MJ International 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.

MJ International Co Cyclically Adjusted Price-to-FCF Chart

MJ International 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 - - - 9.94 17.91

MJ International Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 - - 17.91 - -

Competitive Comparison of MJ International Co's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, MJ International 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.


MJ International Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



MJ International 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.

MJ International Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=64.30/2.81
=22.88

* 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.

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

For example, MJ International 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)
=1.653/129.4194*129.4194
=1.653

Current CPI (Dec23) = 129.4194.

MJ International Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 14.507 99.070 18.951
201512 8.357 99.792 10.838
201612 12.474 101.863 15.849
201712 -0.029 104.011 -0.036
201812 6.084 105.998 7.428
201912 -6.274 108.420 -7.489
202012 -1.267 109.897 -1.492
202112 -20.885 117.630 -22.978
202212 5.238 125.222 5.414
202312 1.653 129.419 1.653

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.


MJ International Co  (TPE:8466) 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.


MJ International Co Cyclically Adjusted Price-to-FCF Related Terms

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


MJ International Co Business Description

Traded in Other Exchanges
N/A
Address
No.126, Danuan Road, Tucheng District, Taipei, TWN, 236
MJ International Co Ltd is engaged in the production and sale of LVT and SPC floors. It operates in two principal geographical areas, Mainland China and Taiwan. The company is also one of the main original equipment manufacturers for tile brands. Some of the company's products are Rigid Core, LVT Click, Non-PVC, and many more.

MJ International Co Headlines

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