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Fine Blanking & Tool Co (ROCO:4535) Cyclically Adjusted Price-to-FCF : 5.98 (As of Jun. 10, 2024)


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What is Fine Blanking & Tool Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Fine Blanking & Tool Co's current share price is NT$34.55. Fine Blanking & Tool Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$5.78. Fine Blanking & Tool Co's Cyclically Adjusted Price-to-FCF for today is 5.98.

The historical rank and industry rank for Fine Blanking & Tool Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:4535' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.04   Med: 6.29   Max: 7.38
Current: 5.98

During the past years, Fine Blanking & Tool Co's highest Cyclically Adjusted Price-to-FCF was 7.38. The lowest was 5.04. And the median was 6.29.

ROCO:4535's Cyclically Adjusted Price-to-FCF is ranked better than
90.69% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs ROCO:4535: 5.98

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.

Fine Blanking & Tool Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.186. 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$5.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fine Blanking & Tool Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fine Blanking & Tool 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.

Fine Blanking & Tool Co Cyclically Adjusted Price-to-FCF Chart

Fine Blanking & Tool 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 6.73 6.81 5.95 6.47 6.23

Fine Blanking & Tool 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 6.42 6.44 6.16 6.23 5.77

Competitive Comparison of Fine Blanking & Tool Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Fine Blanking & Tool 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.


Fine Blanking & Tool Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Fine Blanking & Tool Co's Cyclically Adjusted Price-to-FCF falls into.



Fine Blanking & Tool 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.

Fine Blanking & Tool Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=34.55/5.78
=5.98

* 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.

Fine Blanking & Tool Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fine Blanking & Tool 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)
=1.186/131.7762*131.7762
=1.186

Current CPI (Mar. 2024) = 131.7762.

Fine Blanking & Tool Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.603 100.560 2.101
201409 0.985 100.428 1.292
201412 1.276 99.070 1.697
201503 -0.629 99.621 -0.832
201506 1.488 100.684 1.948
201509 2.521 100.392 3.309
201512 1.534 99.792 2.026
201603 1.483 100.470 1.945
201606 2.589 101.688 3.355
201609 2.799 101.861 3.621
201612 2.375 101.863 3.072
201703 0.244 102.862 0.313
201706 1.047 103.349 1.335
201709 0.359 104.136 0.454
201712 2.764 104.011 3.502
201803 1.027 105.290 1.285
201806 0.256 106.317 0.317
201809 1.707 106.507 2.112
201812 1.465 105.998 1.821
201903 0.636 107.251 0.781
201906 0.821 108.070 1.001
201909 0.647 108.329 0.787
201912 1.187 108.420 1.443
202003 0.513 108.902 0.621
202006 0.517 108.767 0.626
202009 1.157 109.815 1.388
202012 2.086 109.897 2.501
202103 0.880 111.754 1.038
202106 1.173 114.631 1.348
202109 0.876 115.734 0.997
202112 0.694 117.630 0.777
202203 0.656 121.301 0.713
202206 0.350 125.017 0.369
202209 0.236 125.227 0.248
202212 1.898 125.222 1.997
202303 0.166 127.348 0.172
202306 1.132 128.729 1.159
202309 2.144 129.860 2.176
202312 1.741 129.419 1.773
202403 1.186 131.776 1.186

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.


Fine Blanking & Tool Co  (ROCO:4535) 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.


Fine Blanking & Tool Co Cyclically Adjusted Price-to-FCF Related Terms

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


Fine Blanking & Tool Co (ROCO:4535) Business Description

Traded in Other Exchanges
N/A
Address
No 3, Gong Eighth Road, Quanxing Industrial Zone, Xidi Village, Shengang Township, Changhua County, TWN
Fine Blanking & Tool Co Ltd is a Taiwan-based manufacturer of automobile parts and components. Its product portfolio includes auto parts, Locomotive stamping parts, bicycle parts, Fine blanking parts, and off-road. The group operates in two segments that include Domestic Operations and Overseas Operations. The majority of revenue is generated from the Overseas Operations segment which engaged in manufacturing, processing, and production of various products and precision stamping parts for automobiles, motorcycles, and special vehicles.

Fine Blanking & Tool Co (ROCO:4535) Headlines

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