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Chun Yuan Steel Industry Co (TPE:2010) Cyclically Adjusted Price-to-FCF : 36.34 (As of Jun. 10, 2024)


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What is Chun Yuan Steel Industry Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Chun Yuan Steel Industry Co's current share price is NT$20.35. Chun Yuan Steel Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.56. Chun Yuan Steel Industry Co's Cyclically Adjusted Price-to-FCF for today is 36.34.

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

TPE:2010' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.81   Med: 30.76   Max: 53.43
Current: 36.28

During the past years, Chun Yuan Steel Industry Co's highest Cyclically Adjusted Price-to-FCF was 53.43. The lowest was 14.81. And the median was 30.76.

TPE:2010's Cyclically Adjusted Price-to-FCF is ranked worse than
78.95% of 266 companies
in the Steel industry
Industry Median: 13.34 vs TPE:2010: 36.28

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.

Chun Yuan Steel Industry Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.018. 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$0.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chun Yuan Steel Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chun Yuan Steel Industry 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.

Chun Yuan Steel Industry Co Cyclically Adjusted Price-to-FCF Chart

Chun Yuan Steel Industry 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 19.96 18.08 40.15 50.36 35.42

Chun Yuan Steel Industry 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 33.41 37.53 48.80 35.42 33.87

Competitive Comparison of Chun Yuan Steel Industry Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Chun Yuan Steel Industry 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.


Chun Yuan Steel Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chun Yuan Steel Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chun Yuan Steel Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Chun Yuan Steel Industry 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.

Chun Yuan Steel Industry Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.35/0.56
=36.34

* 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.

Chun Yuan Steel Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chun Yuan Steel Industry 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)
=0.018/131.7762*131.7762
=0.018

Current CPI (Mar. 2024) = 131.7762.

Chun Yuan Steel Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.703 100.560 -0.921
201409 0.655 100.428 0.859
201412 1.552 99.070 2.064
201503 1.402 99.621 1.855
201506 0.093 100.684 0.122
201509 0.643 100.392 0.844
201512 1.592 99.792 2.102
201603 0.935 100.470 1.226
201606 0.146 101.688 0.189
201609 0.201 101.861 0.260
201612 -0.256 101.863 -0.331
201703 -0.765 102.862 -0.980
201706 -1.868 103.349 -2.382
201709 -0.315 104.136 -0.399
201712 0.250 104.011 0.317
201803 -0.195 105.290 -0.244
201806 -0.346 106.317 -0.429
201809 -0.659 106.507 -0.815
201812 0.049 105.998 0.061
201903 0.730 107.251 0.897
201906 0.207 108.070 0.252
201909 -0.698 108.329 -0.849
201912 0.730 108.420 0.887
202003 -0.095 108.902 -0.115
202006 -0.167 108.767 -0.202
202009 -0.395 109.815 -0.474
202012 0.610 109.897 0.731
202103 -1.705 111.754 -2.010
202106 -1.643 114.631 -1.889
202109 -0.595 115.734 -0.677
202112 -0.537 117.630 -0.602
202203 1.400 121.301 1.521
202206 -0.548 125.017 -0.578
202209 1.317 125.227 1.386
202212 1.363 125.222 1.434
202303 1.439 127.348 1.489
202306 0.212 128.729 0.217
202309 -0.479 129.860 -0.486
202312 1.237 129.419 1.260
202403 0.018 131.776 0.018

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.


Chun Yuan Steel Industry Co  (TPE:2010) 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.


Chun Yuan Steel Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Chun Yuan Steel Industry Co (TPE:2010) Business Description

Traded in Other Exchanges
N/A
Address
No. 502, Fuxing North Road, 7th Floor, Zhongshan District, Taipei, TWN
Chun Yuan Steel Industry Co Ltd manufactures steel products. The company engaged in the manufacturing, processing and trading of steel plates, silicon steel sheets, container parts, special steel materials, H-beam steel and undertaking of steel structure constructions, etc. Geographically, it derives a majority of revenue from the Taiwan market.

Chun Yuan Steel Industry Co (TPE:2010) Headlines

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