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Makalot Industrial Co (TPE:1477) Cyclically Adjusted Price-to-FCF : 38.02 (As of Jun. 07, 2024)


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What is Makalot Industrial Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Makalot Industrial Co's current share price is NT$398.50. Makalot Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$10.48. Makalot Industrial Co's Cyclically Adjusted Price-to-FCF for today is 38.02.

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

TPE:1477' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.56   Med: 37.59   Max: 59.93
Current: 36.75

During the past years, Makalot Industrial Co's highest Cyclically Adjusted Price-to-FCF was 59.93. The lowest was 21.56. And the median was 37.59.

TPE:1477's Cyclically Adjusted Price-to-FCF is ranked worse than
70.88% of 364 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.39 vs TPE:1477: 36.75

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.

Makalot Industrial Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$5.421. 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$10.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Makalot Industrial Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Makalot Industrial 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.

Makalot Industrial Co Cyclically Adjusted Price-to-FCF Chart

Makalot Industrial 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 32.97 45.35 44.88 39.14 36.25

Makalot Industrial 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 32.36 44.07 43.41 36.25 35.46

Competitive Comparison of Makalot Industrial Co's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Makalot Industrial 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.


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

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

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



Makalot Industrial 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.

Makalot Industrial Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=398.50/10.48
=38.02

* 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.

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

For example, Makalot Industrial 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)
=5.421/131.7762*131.7762
=5.421

Current CPI (Mar. 2024) = 131.7762.

Makalot Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.720 100.560 0.944
201409 -1.883 100.428 -2.471
201412 5.511 99.070 7.330
201503 1.045 99.621 1.382
201506 0.531 100.684 0.695
201509 1.427 100.392 1.873
201512 10.825 99.792 14.294
201603 -1.840 100.470 -2.413
201606 1.631 101.688 2.114
201609 2.326 101.861 3.009
201612 -0.430 101.863 -0.556
201703 -0.420 102.862 -0.538
201706 0.508 103.349 0.648
201709 3.503 104.136 4.433
201712 2.868 104.011 3.634
201803 1.810 105.290 2.265
201806 -2.793 106.317 -3.462
201809 6.241 106.507 7.722
201812 1.749 105.998 2.174
201903 1.904 107.251 2.339
201906 -1.755 108.070 -2.140
201909 2.163 108.329 2.631
201912 2.969 108.420 3.609
202003 2.003 108.902 2.424
202006 0.481 108.767 0.583
202009 5.243 109.815 6.292
202012 -7.702 109.897 -9.235
202103 5.858 111.754 6.908
202106 2.000 114.631 2.299
202109 1.076 115.734 1.225
202112 2.237 117.630 2.506
202203 5.661 121.301 6.150
202206 2.515 125.017 2.651
202209 3.297 125.227 3.469
202212 2.138 125.222 2.250
202303 6.392 127.348 6.614
202306 2.126 128.729 2.176
202309 4.997 129.860 5.071
202312 8.303 129.419 8.454
202403 5.421 131.776 5.421

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.


Makalot Industrial Co  (TPE:1477) 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.


Makalot Industrial Co Cyclically Adjusted Price-to-FCF Related Terms

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Makalot Industrial Co (TPE:1477) Business Description

Traded in Other Exchanges
N/A
Address
No. 550, Zhongxiao East Road, 8th Floor, Section 4, Taipei, TWN, 110
Makalot Industrial Co Ltd is a Taiwan-based company. The company along with its subsidiaries is involved in the manufacturing and processing of garments. Geographically the company earns revenue from the American region and other regions with the majority earned from the American region.

Makalot Industrial Co (TPE:1477) Headlines

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