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Ho Tung Chemical (TPE:1714) Cyclically Adjusted Price-to-FCF : 5.88 (As of Jun. 06, 2024)


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What is Ho Tung Chemical Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Ho Tung Chemical's current share price is NT$9.76. Ho Tung Chemical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.66. Ho Tung Chemical's Cyclically Adjusted Price-to-FCF for today is 5.88.

The historical rank and industry rank for Ho Tung Chemical's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:1714' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.25   Med: 9.32   Max: 105.33
Current: 5.96

During the past years, Ho Tung Chemical's highest Cyclically Adjusted Price-to-FCF was 105.33. The lowest was 5.25. And the median was 9.32.

TPE:1714's Cyclically Adjusted Price-to-FCF is ranked better than
90.8% of 576 companies
in the Chemicals industry
Industry Median: 24.635 vs TPE:1714: 5.96

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.

Ho Tung Chemical's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.339. 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$1.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ho Tung Chemical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ho Tung Chemical'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.

Ho Tung Chemical Cyclically Adjusted Price-to-FCF Chart

Ho Tung Chemical 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 - - - 11.41 7.40

Ho Tung Chemical 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 9.35 8.84 7.73 7.40 5.28

Competitive Comparison of Ho Tung Chemical's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Ho Tung Chemical'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.


Ho Tung Chemical's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ho Tung Chemical's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ho Tung Chemical's Cyclically Adjusted Price-to-FCF falls into.



Ho Tung Chemical 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.

Ho Tung Chemical's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.76/1.66
=5.88

* 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.

Ho Tung Chemical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ho Tung Chemical'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)
=0.339/131.7762*131.7762
=0.339

Current CPI (Mar. 2024) = 131.7762.

Ho Tung Chemical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.256 100.560 0.335
201409 0.447 100.428 0.587
201412 0.126 99.070 0.168
201503 1.059 99.621 1.401
201506 -0.131 100.684 -0.171
201509 -1.089 100.392 -1.429
201512 0.839 99.792 1.108
201603 -0.270 100.470 -0.354
201606 0.362 101.688 0.469
201609 -0.082 101.861 -0.106
201612 0.601 101.863 0.777
201703 -0.601 102.862 -0.770
201706 0.786 103.349 1.002
201709 0.520 104.136 0.658
201712 -0.541 104.011 -0.685
201803 -0.405 105.290 -0.507
201806 0.261 106.317 0.324
201809 0.296 106.507 0.366
201812 0.776 105.998 0.965
201903 -0.215 107.251 -0.264
201906 0.612 108.070 0.746
201909 -0.059 108.329 -0.072
201912 1.370 108.420 1.665
202003 -0.972 108.902 -1.176
202006 3.855 108.767 4.670
202009 1.117 109.815 1.340
202012 1.947 109.897 2.335
202103 0.455 111.754 0.537
202106 0.410 114.631 0.471
202109 0.681 115.734 0.775
202112 0.163 117.630 0.183
202203 -0.491 121.301 -0.533
202206 -0.516 125.017 -0.544
202209 0.196 125.227 0.206
202212 0.525 125.222 0.552
202303 -0.043 127.348 -0.044
202306 0.479 128.729 0.490
202309 0.346 129.860 0.351
202312 0.429 129.419 0.437
202403 0.339 131.776 0.339

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.


Ho Tung Chemical  (TPE:1714) 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.


Ho Tung Chemical Cyclically Adjusted Price-to-FCF Related Terms

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


Ho Tung Chemical (TPE:1714) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1, Zhugong 2nd Lane, Zhuhouli, Renwu District, Kaohsiung, TWN
Ho Tung Chemical Corp is a chemical product manufacturer. It is focused on the business of chemicals, oil, investment, cement, and construction business. The company's key products comprise paraffin, Linear Alkylbenzene, Anionic Surfactants, Cationic Surfactants, Non-ionic Surfactants, Amphoteric Surfactants, Solvents, and others.

Ho Tung Chemical (TPE:1714) Headlines

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