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S-Tech (ROCO:1584) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is S-Tech Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


S-Tech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for S-Tech'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.

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S-Tech Cyclically Adjusted Price-to-FCF Chart

S-Tech Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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S-Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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Competitive Comparison of S-Tech's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, S-Tech'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.


S-Tech's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, S-Tech's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



S-Tech 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.

S-Tech's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, S-Tech'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)
=-0.385/131.7762*131.7762
=-0.385

Current CPI (Mar. 2024) = 131.7762.

S-Tech Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.692 99.695 -0.915
201406 -0.102 100.560 -0.134
201409 -0.907 100.428 -1.190
201412 0.527 99.070 0.701
201503 -0.049 99.621 -0.065
201506 -0.028 100.684 -0.037
201509 -0.038 100.392 -0.050
201512 -0.158 99.792 -0.209
201603 0.970 100.470 1.272
201606 0.461 101.688 0.597
201609 0.643 101.861 0.832
201612 0.203 101.863 0.263
201703 -0.487 102.862 -0.624
201706 -0.751 103.349 -0.958
201709 -0.042 104.136 -0.053
201712 0.700 104.011 0.887
201803 0.020 105.290 0.025
201806 -0.120 106.317 -0.149
201809 0.393 106.507 0.486
201812 -0.024 105.998 -0.030
201903 -0.166 107.251 -0.204
201906 0.227 108.070 0.277
201909 -0.334 108.329 -0.406
201912 0.835 108.420 1.015
202003 0.645 108.902 0.780
202006 -0.597 108.767 -0.723
202009 0.145 109.815 0.174
202012 1.713 109.897 2.054
202103 -0.332 111.754 -0.391
202106 -1.296 114.631 -1.490
202109 -2.861 115.734 -3.258
202112 -1.049 117.630 -1.175
202203 0.397 121.301 0.431
202206 -4.098 125.017 -4.320
202209 -2.963 125.227 -3.118
202212 0.515 125.222 0.542
202303 0.152 127.348 0.157
202306 -0.909 128.729 -0.931
202309 -2.961 129.860 -3.005
202403 -0.385 131.776 -0.385

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.


S-Tech  (ROCO:1584) 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.


S-Tech Cyclically Adjusted Price-to-FCF Related Terms

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


S-Tech (ROCO:1584) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.15 Gong 1st Road, Environmental Science and Technology Park, Liouying, Tainan, TWN, 736
S-Tech Corp is mainly engaged in the manufacture and sale of special alloy materials such as titanium alloy, nickel-based alloy, and special steel. Its products are widely used in chemical industry, aerospace industry, oil and gas industry, biomedical industry and energy industry.

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