GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shiny Chemical Industrial Co Ltd (TPE:1773) » Definitions » Cyclically Adjusted Price-to-FCF

Shiny Chemical Industrial Co (TPE:1773) Cyclically Adjusted Price-to-FCF : 99.70 (As of Jun. 01, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Shiny Chemical Industrial Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Shiny Chemical Industrial Co's current share price is NT$165.50. Shiny Chemical Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.66. Shiny Chemical Industrial Co's Cyclically Adjusted Price-to-FCF for today is 99.70.

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

TPE:1773' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.27   Med: 75.73   Max: 133.21
Current: 95.77

During the past years, Shiny Chemical Industrial Co's highest Cyclically Adjusted Price-to-FCF was 133.21. The lowest was 25.27. And the median was 75.73.

TPE:1773's Cyclically Adjusted Price-to-FCF is ranked worse than
86.06% of 574 companies
in the Chemicals industry
Industry Median: 24.185 vs TPE:1773: 95.77

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.

Shiny Chemical Industrial Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$2.569. 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


Shiny Chemical Industrial Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shiny Chemical 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.

Shiny Chemical Industrial Co Cyclically Adjusted Price-to-FCF Chart

Shiny Chemical 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 29.33 40.41 87.36 84.20 95.95

Shiny Chemical 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 93.92 110.02 108.83 95.95 112.69

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

For the Chemicals subindustry, Shiny Chemical 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.


Shiny Chemical Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Shiny Chemical 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.

Shiny Chemical 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
=165.50/1.66
=99.70

* 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.

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

For example, Shiny Chemical 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)
=2.569/131.7762*131.7762
=2.569

Current CPI (Mar. 2024) = 131.7762.

Shiny Chemical Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.346 100.560 0.453
201409 0.761 100.428 0.999
201412 0.791 99.070 1.052
201503 1.698 99.621 2.246
201506 0.019 100.684 0.025
201509 1.083 100.392 1.422
201512 1.623 99.792 2.143
201603 0.001 100.470 0.001
201606 0.553 101.688 0.717
201609 1.305 101.861 1.688
201612 1.035 101.863 1.339
201703 0.335 102.862 0.429
201706 0.157 103.349 0.200
201709 1.149 104.136 1.454
201712 1.318 104.011 1.670
201803 -0.850 105.290 -1.064
201806 -0.101 106.317 -0.125
201809 0.772 106.507 0.955
201812 0.114 105.998 0.142
201903 -0.521 107.251 -0.640
201906 -1.046 108.070 -1.275
201909 -0.244 108.329 -0.297
201912 0.705 108.420 0.857
202003 0.976 108.902 1.181
202006 0.281 108.767 0.340
202009 0.017 109.815 0.020
202012 0.751 109.897 0.901
202103 -0.316 111.754 -0.373
202106 -1.523 114.631 -1.751
202109 0.134 115.734 0.153
202112 -0.380 117.630 -0.426
202203 -0.838 121.301 -0.910
202206 -1.566 125.017 -1.651
202209 0.535 125.227 0.563
202212 0.750 125.222 0.789
202303 -0.230 127.348 -0.238
202306 -1.399 128.729 -1.432
202309 0.132 129.860 0.134
202312 2.249 129.419 2.290
202403 2.569 131.776 2.569

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.


Shiny Chemical Industrial Co  (TPE:1773) 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.


Shiny Chemical Industrial Co Cyclically Adjusted Price-to-FCF Related Terms

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


Shiny Chemical Industrial Co (TPE:1773) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Yonggong 1st Road, Yongan District, Kaohsiung, TWN, 82841
Shiny Chemical Industrial Co Ltd is a Taiwan-based company primarily engaged in the manufacturing and distribution of chemical solvent series products and the trading of raw chemical materials. The company's segment includes Chemical product and Processing. It generates maximum revenue from the Chemical product segment. Geographically, it derives a majority of its revenue from Taiwan.

Shiny Chemical Industrial Co (TPE:1773) Headlines

No Headlines