GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dacome International Ltd (ROCO:9960) » Definitions » Cyclically Adjusted FCF per Share

Dacome International (ROCO:9960) Cyclically Adjusted FCF per Share : NT$2.47 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Dacome International 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.

Dacome International's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$1.651. 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$2.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dacome International's average Cyclically Adjusted FCF Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Dacome International was 25.20% per year. The lowest was 17.90% per year. And the median was 21.55% per year.

As of today (2024-06-10), Dacome International's current stock price is NT$27.45. Dacome International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.47. Dacome International's Cyclically Adjusted Price-to-FCF of today is 11.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dacome International was 30.09. The lowest was 10.89. And the median was 15.61.


Dacome International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dacome International'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.

Dacome International Cyclically Adjusted FCF per Share Chart

Dacome International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.41 1.71 2.10 2.31

Dacome International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 2.25 2.15 2.21 2.31 2.47

Competitive Comparison of Dacome International's Cyclically Adjusted FCF per Share

For the Specialty Retail subindustry, Dacome International'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.


Dacome International's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dacome International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dacome International's Cyclically Adjusted Price-to-FCF falls into.



Dacome International 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, Dacome International'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)
=1.651/131.7762*131.7762
=1.651

Current CPI (Mar. 2024) = 131.7762.

Dacome International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.845 100.560 1.107
201409 0.137 100.428 0.180
201412 0.155 99.070 0.206
201503 0.415 99.621 0.549
201506 1.038 100.684 1.359
201509 -0.161 100.392 -0.211
201512 0.566 99.792 0.747
201603 0.112 100.470 0.147
201606 0.443 101.688 0.574
201609 0.216 101.861 0.279
201612 0.038 101.863 0.049
201703 0.629 102.862 0.806
201706 0.195 103.349 0.249
201709 0.293 104.136 0.371
201712 0.146 104.011 0.185
201803 0.020 105.290 0.025
201806 -0.848 106.317 -1.051
201809 -0.052 106.507 -0.064
201812 0.718 105.998 0.893
201903 -0.059 107.251 -0.072
201906 0.168 108.070 0.205
201909 0.382 108.329 0.465
201912 0.122 108.420 0.148
202003 0.334 108.902 0.404
202006 0.763 108.767 0.924
202009 1.054 109.815 1.265
202012 1.221 109.897 1.464
202103 1.393 111.754 1.643
202106 0.158 114.631 0.182
202109 -0.123 115.734 -0.140
202112 2.525 117.630 2.829
202203 1.429 121.301 1.552
202206 -0.037 125.017 -0.039
202209 0.522 125.227 0.549
202212 2.188 125.222 2.303
202303 1.006 127.348 1.041
202306 -0.047 128.729 -0.048
202309 0.531 129.860 0.539
202312 1.404 129.419 1.430
202403 1.651 131.776 1.651

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


Dacome International  (ROCO:9960) 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.

Dacome International's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27.45/2.47
=11.11

* 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 Dacome International was 30.09. The lowest was 10.89. And the median was 15.61.


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.


Dacome International Cyclically Adjusted FCF per Share Related Terms

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


Dacome International (ROCO:9960) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor-1, 29 Hai-Pien Road, Lingya District, Kaohsiung, TWN
Dacome International Ltd is a multi-channel retailer of golf equipment. The main business is the purchase and sale of golf equipment, sports accessories and agency services through electronic websites or directly operated stores.

Dacome International (ROCO:9960) Headlines

No Headlines