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Victory New Materials Co (TPE:1340) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Victory New Materials Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Victory New Materials Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Victory New Materials 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.

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Victory New Materials Co Cyclically Adjusted Price-to-FCF Chart

Victory New Materials 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 - - 6.16 8.01 -

Victory New Materials 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 12.76 27.15 67.06 - -

Competitive Comparison of Victory New Materials Co's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Victory New Materials 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.


Victory New Materials Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Victory New Materials Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Victory New Materials Co's Cyclically Adjusted Price-to-FCF falls into.



Victory New Materials 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.

Victory New Materials Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Victory New Materials 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)
=-0.537/115.2271*115.2271
=-0.537

Current CPI (Mar. 2024) = 115.2271.

Victory New Materials Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.454 98.200 0.533
201409 1.461 98.900 1.702
201412 1.489 99.000 1.733
201503 2.442 99.900 2.817
201506 0.748 99.500 0.866
201509 1.685 100.500 1.932
201512 1.579 100.600 1.809
201603 0.805 102.200 0.908
201606 0.793 101.400 0.901
201609 0.436 102.400 0.491
201612 -1.042 102.600 -1.170
201703 1.335 103.200 1.491
201706 0.630 103.100 0.704
201709 1.626 104.100 1.800
201712 1.765 104.500 1.946
201803 1.502 105.300 1.644
201806 0.150 104.900 0.165
201809 0.867 106.600 0.937
201812 0.161 106.500 0.174
201903 -0.243 107.700 -0.260
201906 -1.378 107.700 -1.474
201909 -0.501 109.800 -0.526
201912 -2.239 111.200 -2.320
202003 -0.107 112.300 -0.110
202006 -1.099 110.400 -1.147
202009 -0.788 111.700 -0.813
202012 -1.923 111.500 -1.987
202103 -0.325 112.662 -0.332
202106 -1.142 111.769 -1.177
202109 -1.797 112.215 -1.845
202112 -1.646 113.108 -1.677
202203 -1.443 114.335 -1.454
202206 -0.436 114.558 -0.439
202209 -0.949 115.339 -0.948
202212 -2.211 115.116 -2.213
202303 -0.557 115.116 -0.558
202306 -2.267 114.558 -2.280
202309 -1.596 115.339 -1.594
202312 -1.705 114.781 -1.712
202403 -0.537 115.227 -0.537

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.


Victory New Materials Co  (TPE:1340) 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.


Victory New Materials Co Cyclically Adjusted Price-to-FCF Related Terms

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Victory New Materials Co (TPE:1340) Business Description

Traded in Other Exchanges
N/A
Address
Lianyu Industrial Zone, Qingyang, Fujian Province, Jinjiang, CHN
Victory New Materials Ltd Co engages in the research and development, manufacture, and sale of new polymer materials used in sports shoe soles and sole materials. Its products include rubber sole, monochrome soles, two-color dual hardness soles, and color dual-density soles. The company also provides rubber foam soles and EVO granules, as well as finished shoes. It generates maximum revenue from a single color and RB soles product.

Victory New Materials Co (TPE:1340) Headlines

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