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Tah hsin Industrial (TPE:1315) Cyclically Adjusted Price-to-FCF : 33.12 (As of Jun. 01, 2024)


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What is Tah hsin Industrial Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Tah hsin Industrial's current share price is NT$72.20. Tah hsin Industrial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.18. Tah hsin Industrial's Cyclically Adjusted Price-to-FCF for today is 33.12.

The historical rank and industry rank for Tah hsin Industrial's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:1315' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.64   Med: 42.86   Max: 56.89
Current: 32.7

During the past years, Tah hsin Industrial's highest Cyclically Adjusted Price-to-FCF was 56.89. The lowest was 30.64. And the median was 42.86.

TPE:1315's Cyclically Adjusted Price-to-FCF is ranked worse than
66.76% of 367 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 17.95 vs TPE:1315: 32.70

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.

Tah hsin Industrial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.901. 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$2.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tah hsin Industrial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tah hsin Industrial'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.

Tah hsin Industrial Cyclically Adjusted Price-to-FCF Chart

Tah hsin Industrial 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 48.21 49.22 48.61 38.01 35.16

Tah hsin Industrial 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 40.36 34.00 35.38 35.16 33.20

Competitive Comparison of Tah hsin Industrial's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Tah hsin Industrial'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.


Tah hsin Industrial's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tah hsin Industrial's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tah hsin Industrial's Cyclically Adjusted Price-to-FCF falls into.



Tah hsin Industrial 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.

Tah hsin Industrial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=72.20/2.18
=33.12

* 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.

Tah hsin Industrial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tah hsin Industrial'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)
=0.901/131.7762*131.7762
=0.901

Current CPI (Mar. 2024) = 131.7762.

Tah hsin Industrial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.393 100.560 -1.825
201409 3.947 100.428 5.179
201412 0.005 99.070 0.007
201503 1.238 99.621 1.638
201506 -1.456 100.684 -1.906
201509 3.705 100.392 4.863
201512 -0.562 99.792 -0.742
201603 0.724 100.470 0.950
201606 -0.774 101.688 -1.003
201609 2.640 101.861 3.415
201612 -0.404 101.863 -0.523
201703 0.590 102.862 0.756
201706 -1.498 103.349 -1.910
201709 3.416 104.136 4.323
201712 -1.021 104.011 -1.294
201803 -1.286 105.290 -1.610
201806 -1.141 106.317 -1.414
201809 3.864 106.507 4.781
201812 -1.590 105.998 -1.977
201903 0.044 107.251 0.054
201906 -1.222 108.070 -1.490
201909 4.231 108.329 5.147
201912 -0.847 108.420 -1.029
202003 0.032 108.902 0.039
202006 -0.446 108.767 -0.540
202009 1.611 109.815 1.933
202012 -0.471 109.897 -0.565
202103 0.775 111.754 0.914
202106 -0.281 114.631 -0.323
202109 -1.691 115.734 -1.925
202112 -1.242 117.630 -1.391
202203 0.976 121.301 1.060
202206 -2.330 125.017 -2.456
202209 5.538 125.227 5.828
202212 -0.472 125.222 -0.497
202303 1.031 127.348 1.067
202306 0.228 128.729 0.233
202309 3.669 129.860 3.723
202312 -0.604 129.419 -0.615
202403 0.901 131.776 0.901

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.


Tah hsin Industrial  (TPE:1315) 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.


Tah hsin Industrial Cyclically Adjusted Price-to-FCF Related Terms

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


Tah hsin Industrial (TPE:1315) Business Description

Traded in Other Exchanges
N/A
Address
No. 51, 35th Road, Taichung Industrial Park, Xitun District, Taichung, TWN
Tah hsin Industrial Corp is engaged in the manufacturing and trading of a variety of plastic raincoats, nylon raincoats, overalls, wardrobes, nylon jackets, PP corrugated boards, TC ready-to-wear garments, leather goods, handbags, file folders, plastic film, carrier bags, laminating machines, and others. Its operating segment includes Tahsin in Taiwan, Tahsin Shoji Co., Ltd, United States T.H. USA; Fujian Putian DAFU Plastic Industry Co., Ltd; Tah Viet Co., Ltd; Myanmar Tahsin; Tah Fa Investment Co., Ltd, and others. The company generates maximum revenue from the Tahsin Taiwan segment.

Tah hsin Industrial (TPE:1315) Headlines

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