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Taiwan Mobile Co (TPE:3045) Cyclically Adjusted Price-to-FCF : 16.59 (As of Jun. 07, 2024)


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What is Taiwan Mobile Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Taiwan Mobile Co's current share price is NT$107.00. Taiwan Mobile Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$6.45. Taiwan Mobile Co's Cyclically Adjusted Price-to-FCF for today is 16.59.

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

TPE:3045' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.42   Med: 21.49   Max: 26.19
Current: 16.36

During the past years, Taiwan Mobile Co's highest Cyclically Adjusted Price-to-FCF was 26.19. The lowest was 15.42. And the median was 21.49.

TPE:3045's Cyclically Adjusted Price-to-FCF is ranked worse than
62.63% of 190 companies
in the Telecommunication Services industry
Industry Median: 13.005 vs TPE:3045: 16.36

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.

Taiwan Mobile Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$2.472. 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$6.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Mobile Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taiwan Mobile 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.

Taiwan Mobile Co Cyclically Adjusted Price-to-FCF Chart

Taiwan Mobile 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 20.64 22.71 22.06 20.33 15.63

Taiwan Mobile 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 20.95 19.60 19.07 15.63 15.90

Competitive Comparison of Taiwan Mobile Co's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Taiwan Mobile 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.


Taiwan Mobile Co's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Taiwan Mobile Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Taiwan Mobile 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.

Taiwan Mobile Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=107.00/6.45
=16.59

* 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.

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

For example, Taiwan Mobile 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)
=2.472/131.7762*131.7762
=2.472

Current CPI (Mar. 2024) = 131.7762.

Taiwan Mobile Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.707 100.560 0.926
201409 1.487 100.428 1.951
201412 1.160 99.070 1.543
201503 -0.494 99.621 -0.653
201506 0.686 100.684 0.898
201509 1.568 100.392 2.058
201512 1.808 99.792 2.387
201603 2.674 100.470 3.507
201606 1.298 101.688 1.682
201609 1.771 101.861 2.291
201612 2.051 101.863 2.653
201703 1.719 102.862 2.202
201706 1.945 103.349 2.480
201709 1.606 104.136 2.032
201712 -1.013 104.011 -1.283
201803 1.848 105.290 2.313
201806 2.084 106.317 2.583
201809 1.709 106.507 2.114
201812 1.926 105.998 2.394
201903 2.275 107.251 2.795
201906 2.021 108.070 2.464
201909 3.432 108.329 4.175
201912 0.445 108.420 0.541
202003 -7.820 108.902 -9.463
202006 1.971 108.767 2.388
202009 1.650 109.815 1.980
202012 0.840 109.897 1.007
202103 1.082 111.754 1.276
202106 2.359 114.631 2.712
202109 1.293 115.734 1.472
202112 1.995 117.630 2.235
202203 1.522 121.301 1.653
202206 1.389 125.017 1.464
202209 1.584 125.227 1.667
202212 2.254 125.222 2.372
202303 0.824 127.348 0.853
202306 2.340 128.729 2.395
202309 1.984 129.860 2.013
202312 1.887 129.419 1.921
202403 2.472 131.776 2.472

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.


Taiwan Mobile Co  (TPE:3045) 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.


Taiwan Mobile Co Cyclically Adjusted Price-to-FCF Related Terms

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


Taiwan Mobile Co (TPE:3045) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, YanChang Road, 13th Floor, Taipei, TWN, 110
Taiwan Mobile Co Ltd is engaged in providing wireless communication service, sale of mobile phones, and accessories, games, ebooks, and value-added services. The reportable segments of the company are telecommunication, retail, cable television, and others. The telecommunication segment engages in providing mobile communication services, data mobile services, and fixed line services retail segment in providing online shopping, TV shopping, and catalog shopping, cable television in providing pay TV and cable broadband services, and others in business other than telecommunication, retail, and cable television. The company derives the majority of its revenue from the telecommunication and retail segment.

Taiwan Mobile Co (TPE:3045) Headlines

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