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I Yuan Precision Ind Co (ROCO:2235) Cyclically Adjusted FCF per Share : NT$4.69 (As of Mar. 2024)


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What is I Yuan Precision Ind Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

I Yuan Precision Ind Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$1.342. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$4.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, I Yuan Precision Ind Co's average Cyclically Adjusted FCF Growth Rate was 2.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-01), I Yuan Precision Ind Co's current stock price is NT$59.70. I Yuan Precision Ind Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$4.69. I Yuan Precision Ind Co's Cyclically Adjusted Price-to-FCF of today is 12.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of I Yuan Precision Ind Co was 11.80. The lowest was 9.12. And the median was 10.19.


I Yuan Precision Ind Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for I Yuan Precision Ind Co's Cyclically Adjusted FCF per Share 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.

I Yuan Precision Ind Co Cyclically Adjusted FCF per Share Chart

I Yuan Precision Ind Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.91 4.58

I Yuan Precision Ind Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Cyclically Adjusted FCF per Share 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 4.58 4.50 4.51 4.61 4.69

Competitive Comparison of I Yuan Precision Ind Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, I Yuan Precision Ind 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.


I Yuan Precision Ind Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, I Yuan Precision Ind Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where I Yuan Precision Ind Co's Cyclically Adjusted Price-to-FCF falls into.



I Yuan Precision Ind Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, I Yuan Precision Ind 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)
=1.342/131.7762*131.7762
=1.342

Current CPI (Mar. 2024) = 131.7762.

I Yuan Precision Ind Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.153 99.695 1.524
201406 -0.802 100.560 -1.051
201409 2.007 100.428 2.633
201412 1.947 99.070 2.590
201503 1.536 99.621 2.032
201506 0.207 100.684 0.271
201509 1.488 100.392 1.953
201512 1.819 99.792 2.402
201603 1.505 100.470 1.974
201606 -0.254 101.688 -0.329
201609 0.549 101.861 0.710
201612 2.131 101.863 2.757
201703 1.907 102.862 2.443
201706 0.293 103.349 0.374
201709 0.690 104.136 0.873
201712 0.281 104.011 0.356
201803 0.242 105.290 0.303
201806 0.527 106.317 0.653
201809 -0.003 106.507 -0.004
201812 1.813 105.998 2.254
201903 0.967 107.251 1.188
201906 0.551 108.070 0.672
201909 1.175 108.329 1.429
201912 -0.585 108.420 -0.711
202003 0.885 108.902 1.071
202006 0.810 108.767 0.981
202009 0.707 109.815 0.848
202012 -0.159 109.897 -0.191
202103 2.246 111.754 2.648
202106 0.716 114.631 0.823
202109 -0.498 115.734 -0.567
202112 1.917 117.630 2.148
202203 1.494 121.301 1.623
202206 0.938 125.017 0.989
202209 2.591 125.227 2.727
202212 2.833 125.222 2.981
202303 -0.291 127.348 -0.301
202306 0.726 128.729 0.743
202309 1.762 129.860 1.788
202403 1.342 131.776 1.342

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


I Yuan Precision Ind Co  (ROCO:2235) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

I Yuan Precision Ind Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=59.70/4.69
=12.73

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of I Yuan Precision Ind Co was 11.80. The lowest was 9.12. And the median was 10.19.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


I Yuan Precision Ind Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of I Yuan Precision Ind Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


I Yuan Precision Ind Co (ROCO:2235) Business Description

Traded in Other Exchanges
N/A
Address
No.24, Dinghu Road, Guishan Township, Taoyuan, TWN
I Yuan Precision Ind Co Ltd is engaged in the manufacturing, production, and trade of automotive parts such as water jet motors and water jets. It is also involved in processing and trading of other auto parts.

I Yuan Precision Ind Co (ROCO:2235) Headlines

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