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Gold Rain Enterprises (ROCO:4503) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Gold Rain Enterprises Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gold Rain Enterprises Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gold Rain Enterprises'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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Gold Rain Enterprises Cyclically Adjusted Price-to-FCF Chart

Gold Rain Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Gold Rain Enterprises 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 Gold Rain Enterprises's Cyclically Adjusted Price-to-FCF

For the Business Equipment & Supplies subindustry, Gold Rain Enterprises'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.


Gold Rain Enterprises's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gold Rain Enterprises's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Gold Rain Enterprises's Cyclically Adjusted Price-to-FCF falls into.



Gold Rain Enterprises 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.

Gold Rain Enterprises's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gold Rain Enterprises'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)
=-0.164/131.7762*131.7762
=-0.164

Current CPI (Mar. 2024) = 131.7762.

Gold Rain Enterprises Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.391 100.560 -0.512
201409 0.769 100.428 1.009
201412 -0.416 99.070 -0.553
201503 -0.336 99.621 -0.444
201506 -0.597 100.684 -0.781
201509 0.211 100.392 0.277
201512 -0.360 99.792 -0.475
201603 0.074 100.470 0.097
201606 -0.568 101.688 -0.736
201609 0.870 101.861 1.126
201612 -0.312 101.863 -0.404
201703 -0.146 102.862 -0.187
201706 -0.395 103.349 -0.504
201709 0.358 104.136 0.453
201712 1.093 104.011 1.385
201803 -1.086 105.290 -1.359
201806 0.248 106.317 0.307
201809 -0.751 106.507 -0.929
201812 1.622 105.998 2.016
201903 -0.795 107.251 -0.977
201906 -1.146 108.070 -1.397
201909 -0.750 108.329 -0.912
201912 0.091 108.420 0.111
202003 0.179 108.902 0.217
202006 0.911 108.767 1.104
202009 -0.192 109.815 -0.230
202012 -0.570 109.897 -0.683
202103 -0.048 111.754 -0.057
202106 -0.265 114.631 -0.305
202109 -0.670 115.734 -0.763
202112 -1.018 117.630 -1.140
202203 -0.362 121.301 -0.393
202206 -0.054 125.017 -0.057
202209 -0.476 125.227 -0.501
202212 0.087 125.222 0.092
202303 -0.485 127.348 -0.502
202306 -0.254 128.729 -0.260
202309 -0.914 129.860 -0.927
202312 -1.050 129.419 -1.069
202403 -0.164 131.776 -0.164

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.


Gold Rain Enterprises  (ROCO:4503) 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.


Gold Rain Enterprises Cyclically Adjusted Price-to-FCF Related Terms

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Gold Rain Enterprises (ROCO:4503) Business Description

Traded in Other Exchanges
N/A
Address
No. 101, Lane 411, PU-NEI Street, Yen-Ho Li, Chang Hua, TWN
Gold Rain Enterprises Corp is a Taiwan based manufacturer of vending machines. It offers KIOSK information service machines comprising of digital vending machines, post machines, digital photo printers, knocking gamers, parking ticket machines, and coin meters. In addition to the research and development and manufacturing of vending machines, it provides a complete line of mechanical foundry and assembly services with complete production line tools, such as various types of molds, punching beds, laser cutting, painting, welding and assembly lines.

Gold Rain Enterprises (ROCO:4503) Headlines

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