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Yeou Yih Steel Co (ROCO:9962) Cyclically Adjusted Price-to-FCF : 24.93 (As of Jun. 10, 2024)


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What is Yeou Yih Steel Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Yeou Yih Steel Co's current share price is NT$16.70. Yeou Yih Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.67. Yeou Yih Steel Co's Cyclically Adjusted Price-to-FCF for today is 24.93.

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

ROCO:9962' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.28   Med: 28.13   Max: 78.25
Current: 24.83

During the past years, Yeou Yih Steel Co's highest Cyclically Adjusted Price-to-FCF was 78.25. The lowest was 8.28. And the median was 28.13.

ROCO:9962's Cyclically Adjusted Price-to-FCF is ranked worse than
72.18% of 266 companies
in the Steel industry
Industry Median: 13.38 vs ROCO:9962: 24.83

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.

Yeou Yih Steel Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.626. 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$0.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yeou Yih Steel Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yeou Yih Steel 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.

Yeou Yih Steel Co Cyclically Adjusted Price-to-FCF Chart

Yeou Yih Steel 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 42.35 12.27 38.04 18.88 35.10

Yeou Yih Steel 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 29.61 48.67 47.39 35.10 26.76

Competitive Comparison of Yeou Yih Steel Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Yeou Yih Steel 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.


Yeou Yih Steel Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yeou Yih Steel Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Yeou Yih Steel Co's Cyclically Adjusted Price-to-FCF falls into.



Yeou Yih Steel 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.

Yeou Yih Steel Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.70/0.67
=24.93

* 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.

Yeou Yih Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Yeou Yih Steel 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)
=-0.626/131.7762*131.7762
=-0.626

Current CPI (Mar. 2024) = 131.7762.

Yeou Yih Steel Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.871 100.560 1.141
201409 -3.377 100.428 -4.431
201412 2.717 99.070 3.614
201503 0.114 99.621 0.151
201506 0.971 100.684 1.271
201509 -0.753 100.392 -0.988
201512 0.636 99.792 0.840
201603 0.299 100.470 0.392
201606 -0.525 101.688 -0.680
201609 1.133 101.861 1.466
201612 -0.413 101.863 -0.534
201703 0.713 102.862 0.913
201706 0.762 103.349 0.972
201709 0.786 104.136 0.995
201712 -0.184 104.011 -0.233
201803 -0.092 105.290 -0.115
201806 -1.714 106.317 -2.124
201809 0.092 106.507 0.114
201812 2.575 105.998 3.201
201903 0.064 107.251 0.079
201906 -0.345 108.070 -0.421
201909 -1.002 108.329 -1.219
201912 -1.006 108.420 -1.223
202003 1.432 108.902 1.733
202006 -0.420 108.767 -0.509
202009 1.476 109.815 1.771
202012 -0.572 109.897 -0.686
202103 1.619 111.754 1.909
202106 -1.773 114.631 -2.038
202109 -4.837 115.734 -5.507
202112 0.719 117.630 0.805
202203 3.344 121.301 3.633
202206 0.892 125.017 0.940
202209 0.768 125.227 0.808
202212 1.406 125.222 1.480
202303 -0.321 127.348 -0.332
202306 -1.268 128.729 -1.298
202309 0.253 129.860 0.257
202312 1.186 129.419 1.208
202403 -0.626 131.776 -0.626

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.


Yeou Yih Steel Co  (ROCO:9962) 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.


Yeou Yih Steel Co Cyclically Adjusted Price-to-FCF Related Terms

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Yeou Yih Steel Co (ROCO:9962) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2 Yong-Gong 10th Road, Yungan Hsiang, Kaoshiung Hsien, TWN, 82841
Yeou Yih Steel Co Ltd is engaged in the production and sale of stainless-steel products mainly in Taiwan. The company is engaged in leveling, cutting, picking, processing, and sales of steel. The company products include hot rolled stainless steel plate No.1 304, 304L, 316L and type of stainless-steel plate.

Yeou Yih Steel Co (ROCO:9962) Headlines

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