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Sheh Fung Screws Co (ROCO:2065) Cyclically Adjusted Price-to-FCF : 47.08 (As of Jun. 09, 2024)


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What is Sheh Fung Screws Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Sheh Fung Screws Co's current share price is NT$64.50. Sheh Fung Screws Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.37. Sheh Fung Screws Co's Cyclically Adjusted Price-to-FCF for today is 47.08.

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

ROCO:2065' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 32.94   Med: 40   Max: 55.31
Current: 46.7

During the past years, Sheh Fung Screws Co's highest Cyclically Adjusted Price-to-FCF was 55.31. The lowest was 32.94. And the median was 40.00.

ROCO:2065's Cyclically Adjusted Price-to-FCF is ranked worse than
63.66% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs ROCO:2065: 46.70

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.

Sheh Fung Screws Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.528. 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$1.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sheh Fung Screws Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sheh Fung Screws 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.

Sheh Fung Screws Co Cyclically Adjusted Price-to-FCF Chart

Sheh Fung Screws 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 - - - 34.38 46.78

Sheh Fung Screws 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 35.93 35.42 37.52 46.78 46.55

Competitive Comparison of Sheh Fung Screws Co's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Sheh Fung Screws 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.


Sheh Fung Screws Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sheh Fung Screws Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sheh Fung Screws Co's Cyclically Adjusted Price-to-FCF falls into.



Sheh Fung Screws 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.

Sheh Fung Screws Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=64.50/1.37
=47.08

* 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.

Sheh Fung Screws Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sheh Fung Screws 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)
=0.528/131.7762*131.7762
=0.528

Current CPI (Mar. 2024) = 131.7762.

Sheh Fung Screws Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.421 100.470 0.552
201606 1.796 101.688 2.327
201609 0.606 101.861 0.784
201612 -0.539 101.863 -0.697
201703 -0.465 102.862 -0.596
201706 0.211 103.349 0.269
201709 -0.639 104.136 -0.809
201712 -0.330 104.011 -0.418
201803 -0.388 105.290 -0.486
201806 0.979 106.317 1.213
201809 0.189 106.507 0.234
201812 0.084 105.998 0.104
201903 -0.311 107.251 -0.382
201906 1.506 108.070 1.836
201909 0.669 108.329 0.814
201912 -1.076 108.420 -1.308
202003 0.051 108.902 0.062
202006 1.803 108.767 2.184
202009 -0.632 109.815 -0.758
202012 -2.353 109.897 -2.821
202103 -1.119 111.754 -1.319
202106 1.736 114.631 1.996
202109 -0.371 115.734 -0.422
202112 1.455 117.630 1.630
202203 1.215 121.301 1.320
202206 1.796 125.017 1.893
202209 -0.345 125.227 -0.363
202212 4.049 125.222 4.261
202303 2.086 127.348 2.159
202306 -0.227 128.729 -0.232
202309 -0.959 129.860 -0.973
202312 -1.287 129.419 -1.310
202403 0.528 131.776 0.528

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.


Sheh Fung Screws Co  (ROCO:2065) 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.


Sheh Fung Screws Co Cyclically Adjusted Price-to-FCF Related Terms

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


Sheh Fung Screws Co (ROCO:2065) Business Description

Traded in Other Exchanges
N/A
Address
810, Fusing West Road, Ciaotou District, Kaohsiung City, Tingyen, TWN, 825
Sheh Fung Screws Co Ltd is a Taiwan based company engaged in the manufacturing of a range of screws for different functions. Its products include drywall screws, chipboard screws, self-drilling screws, self-tapping screws, decking screws, self-piercing screws and others.

Sheh Fung Screws Co (ROCO:2065) Headlines

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