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Taihan Precision Technology Co (ROCO:1336) Cyclically Adjusted Price-to-FCF : 18.45 (As of Jun. 09, 2024)


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What is Taihan Precision Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Taihan Precision Technology Co's current share price is NT$20.30. Taihan Precision Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.10. Taihan Precision Technology Co's Cyclically Adjusted Price-to-FCF for today is 18.45.

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

ROCO:1336' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.23   Med: 23.15   Max: 72.67
Current: 18.23

During the past years, Taihan Precision Technology Co's highest Cyclically Adjusted Price-to-FCF was 72.67. The lowest was 17.23. And the median was 23.15.

ROCO:1336's Cyclically Adjusted Price-to-FCF is ranked better than
57.09% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs ROCO:1336: 18.23

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.

Taihan Precision Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.526. 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$1.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taihan Precision Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taihan Precision Technology 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.

Taihan Precision Technology Co Cyclically Adjusted Price-to-FCF Chart

Taihan Precision Technology 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 - - - - 23.03

Taihan Precision Technology 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 - - 74.15 23.03 18.63

Competitive Comparison of Taihan Precision Technology Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Taihan Precision Technology 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.


Taihan Precision Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Taihan Precision Technology 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.

Taihan Precision Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.30/1.1
=18.45

* 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.

Taihan Precision Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Taihan Precision Technology 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)
=-0.526/131.7762*131.7762
=-0.526

Current CPI (Mar. 2024) = 131.7762.

Taihan Precision Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.923 100.560 2.520
201409 1.729 100.428 2.269
201412 -0.958 99.070 -1.274
201503 -0.552 99.621 -0.730
201506 -1.071 100.684 -1.402
201509 -1.561 100.392 -2.049
201512 0.964 99.792 1.273
201603 0.130 100.470 0.171
201606 -0.146 101.688 -0.189
201609 -0.458 101.861 -0.593
201612 -0.182 101.863 -0.235
201703 0.358 102.862 0.459
201706 -0.501 103.349 -0.639
201709 0.070 104.136 0.089
201712 -0.668 104.011 -0.846
201803 -0.497 105.290 -0.622
201806 -0.215 106.317 -0.266
201809 -0.061 106.507 -0.075
201812 0.248 105.998 0.308
201903 1.014 107.251 1.246
201906 1.308 108.070 1.595
201909 0.667 108.329 0.811
201912 0.244 108.420 0.297
202003 0.777 108.902 0.940
202006 -0.110 108.767 -0.133
202009 0.256 109.815 0.307
202012 0.976 109.897 1.170
202103 0.013 111.754 0.015
202106 -0.514 114.631 -0.591
202109 0.000 115.734 0.000
202112 0.652 117.630 0.730
202203 -0.038 121.301 -0.041
202206 1.166 125.017 1.229
202209 0.008 125.227 0.008
202212 1.144 125.222 1.204
202303 0.091 127.348 0.094
202306 0.824 128.729 0.844
202309 1.443 129.860 1.464
202312 1.862 129.419 1.896
202403 -0.526 131.776 -0.526

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.


Taihan Precision Technology Co  (ROCO:1336) 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.


Taihan Precision Technology Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Taihan Precision Technology Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Taihan Precision Technology Co (ROCO:1336) Business Description

Traded in Other Exchanges
N/A
Address
Section 1, Minsheng North Road, 1st Floor Number 568, Guishan District, Taoyuan, TWN, 33393
Taihan Precision Technology Co Ltd is a Taiwan based company engaged in manufacturing and selling precision molds, tooling and plastic molding products. Its products include injection, metal stamping, and aluminum alloy molds and plastic components that are used in the manufacturing of computer products. The company provides its products for MFP, keyboard, mobility products, automotive products, photo printer and others.

Taihan Precision Technology Co (ROCO:1336) Headlines

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