GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shin Shin Natural Gas Co Ltd (TPE:9918) » Definitions » Cyclically Adjusted Price-to-FCF

Shin Shin Natural Gas Co (TPE:9918) Cyclically Adjusted Price-to-FCF : 23.41 (As of Sep. 21, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Shin Shin Natural Gas Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Shin Shin Natural Gas Co's current share price is NT$41.20. Shin Shin Natural Gas Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was NT$1.76. Shin Shin Natural Gas Co's Cyclically Adjusted Price-to-FCF for today is 23.41.

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

TPE:9918' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.85   Med: 23.76   Max: 29.8
Current: 22.89

During the past years, Shin Shin Natural Gas Co's highest Cyclically Adjusted Price-to-FCF was 29.80. The lowest was 21.85. And the median was 23.76.

TPE:9918's Cyclically Adjusted Price-to-FCF is ranked worse than
61.4% of 228 companies
in the Utilities - Regulated industry
Industry Median: 17.685 vs TPE:9918: 22.89

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.

Shin Shin Natural Gas Co's adjusted free cash flow per share data for the three months ended in Jun. 2024 was NT$-1.378. 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$1.76 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin Shin Natural Gas Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shin Shin Natural Gas 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.

Shin Shin Natural Gas Co Cyclically Adjusted Price-to-FCF Chart

Shin Shin Natural Gas 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 24.82 25.22 28.76 23.62 22.44

Shin Shin Natural Gas 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 22.96 23.03 22.44 22.51 23.88

Competitive Comparison of Shin Shin Natural Gas Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.


Shin Shin Natural Gas Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shin Shin Natural Gas Co's Cyclically Adjusted Price-to-FCF falls into.



Shin Shin Natural Gas 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.

Shin Shin Natural Gas Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=41.20/1.76
=23.41

* 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.

Shin Shin Natural Gas Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Shin Shin Natural Gas 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)
=-1.378/132.5538*132.5538
=-1.378

Current CPI (Jun. 2024) = 132.5538.

Shin Shin Natural Gas Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 1.242 100.428 1.639
201412 -0.026 99.070 -0.035
201503 0.204 99.621 0.271
201506 0.174 100.684 0.229
201509 0.811 100.392 1.071
201512 0.352 99.792 0.468
201603 -0.092 100.470 -0.121
201606 0.526 101.688 0.686
201609 0.397 101.861 0.517
201612 0.213 101.863 0.277
201703 0.146 102.862 0.188
201706 -0.044 103.349 -0.056
201709 1.491 104.136 1.898
201712 1.867 104.011 2.379
201803 0.987 105.290 1.243
201806 0.397 106.317 0.495
201809 0.038 106.507 0.047
201812 0.541 105.998 0.677
201903 0.382 107.251 0.472
201906 -0.196 108.070 -0.240
201909 0.729 108.329 0.892
201912 -0.816 108.420 -0.998
202003 1.059 108.902 1.289
202006 -1.055 108.767 -1.286
202009 0.877 109.815 1.059
202012 1.018 109.897 1.228
202103 -0.466 111.754 -0.553
202106 0.446 114.631 0.516
202109 0.550 115.734 0.630
202112 0.852 117.630 0.960
202203 0.473 121.301 0.517
202206 0.676 125.017 0.717
202209 0.905 125.227 0.958
202212 -0.375 125.222 -0.397
202303 0.433 127.348 0.451
202306 0.249 128.729 0.256
202309 -0.522 129.860 -0.533
202312 1.018 129.419 1.043
202403 0.090 131.776 0.091
202406 -1.378 132.554 -1.378

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.


Shin Shin Natural Gas Co  (TPE:9918) 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.


Shin Shin Natural Gas Co Cyclically Adjusted Price-to-FCF Related Terms

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


Shin Shin Natural Gas Co Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.

Shin Shin Natural Gas Co Headlines

No Headlines