GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Yieh Phui Enterprise Co Ltd (TPE:2023) » Definitions » Cyclically Adjusted FCF per Share

Yieh Phui Enterprise Co (TPE:2023) Cyclically Adjusted FCF per Share : NT$-0.91 (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Yieh Phui Enterprise 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.

Yieh Phui Enterprise Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-0.408. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-0.91 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.70% 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 Yieh Phui Enterprise Co was -9.70% per year. The lowest was -21.10% per year. And the median was -15.40% per year.

As of today (2024-06-09), Yieh Phui Enterprise Co's current stock price is NT$15.40. Yieh Phui Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-0.91. Yieh Phui Enterprise Co's Cyclically Adjusted Price-to-FCF of today is .


Yieh Phui Enterprise Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Yieh Phui Enterprise 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.

Yieh Phui Enterprise Co Cyclically Adjusted FCF per Share Chart

Yieh Phui Enterprise Co 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 -0.49 -0.78 -0.83 -0.87 -1.03

Yieh Phui Enterprise 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 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 -0.84 -1.02 -0.93 -1.03 -0.91

Competitive Comparison of Yieh Phui Enterprise Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, Yieh Phui Enterprise 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.


Yieh Phui Enterprise Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

* The bar in red indicates where Yieh Phui Enterprise Co's Cyclically Adjusted Price-to-FCF falls into.



Yieh Phui Enterprise 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, Yieh Phui Enterprise 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)
=-0.408/131.7762*131.7762
=-0.408

Current CPI (Mar. 2024) = 131.7762.

Yieh Phui Enterprise Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.601 100.560 0.788
201409 -0.013 100.428 -0.017
201412 -1.028 99.070 -1.367
201503 -0.526 99.621 -0.696
201506 -0.029 100.684 -0.038
201509 -0.523 100.392 -0.687
201512 0.173 99.792 0.228
201603 -0.412 100.470 -0.540
201606 0.172 101.688 0.223
201609 -0.949 101.861 -1.228
201612 0.683 101.863 0.884
201703 -1.472 102.862 -1.886
201706 -0.647 103.349 -0.825
201709 0.120 104.136 0.152
201712 -0.480 104.011 -0.608
201803 -1.102 105.290 -1.379
201806 -0.727 106.317 -0.901
201809 0.467 106.507 0.578
201812 0.421 105.998 0.523
201903 0.235 107.251 0.289
201906 -0.679 108.070 -0.828
201909 -0.428 108.329 -0.521
201912 0.149 108.420 0.181
202003 -0.732 108.902 -0.886
202006 0.299 108.767 0.362
202009 -0.648 109.815 -0.778
202012 -0.311 109.897 -0.373
202103 -0.382 111.754 -0.450
202106 -1.364 114.631 -1.568
202109 -0.621 115.734 -0.707
202112 3.015 117.630 3.378
202203 0.186 121.301 0.202
202206 -1.637 125.017 -1.726
202209 1.417 125.227 1.491
202212 0.214 125.222 0.225
202303 -0.188 127.348 -0.195
202306 -0.696 128.729 -0.712
202309 0.426 129.860 0.432
202312 0.278 129.419 0.283
202403 -0.408 131.776 -0.408

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


Yieh Phui Enterprise Co  (TPE:2023) 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.


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.


Yieh Phui Enterprise Co Cyclically Adjusted FCF per Share Related Terms

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


Yieh Phui Enterprise Co (TPE:2023) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 369, Yuliao Road, Qiaotou District, Kaohsiung, TWN, 825004
Yieh Phui Enterprise Co Ltd is engaged mainly in the processing, manufacturing marketing and import/export trading of rolled steel coils, refined steel, molded steel, steel/iron wires, galvanized/pre-painted/surface-treated metals. The company's segments include Steel coils and steel pipes, Construction, Wire rods and Others. Majority of revenue is generated from Steel coils and steel pipes. Geographically, the company operates in Taiwan, USA, Asia, Europe and others.

Yieh Phui Enterprise Co (TPE:2023) Headlines

No Headlines