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Shui-Mu International Co (TPE:8443) Cyclically Adjusted Price-to-FCF : 12.66 (As of Jun. 06, 2024)


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What is Shui-Mu International Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Shui-Mu International Co's current share price is NT$12.15. Shui-Mu International Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.96. Shui-Mu International Co's Cyclically Adjusted Price-to-FCF for today is 12.66.

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

TPE:8443' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.53   Med: 12.81   Max: 15.72
Current: 12.72

During the past years, Shui-Mu International Co's highest Cyclically Adjusted Price-to-FCF was 15.72. The lowest was 8.53. And the median was 12.81.

TPE:8443's Cyclically Adjusted Price-to-FCF is ranked better than
64.29% of 364 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.25 vs TPE:8443: 12.72

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.

Shui-Mu International Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.049. 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$0.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shui-Mu International Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shui-Mu International 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.

Shui-Mu International Co Cyclically Adjusted Price-to-FCF Chart

Shui-Mu International 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 - - 15.87 12.69 9.01

Shui-Mu International 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 11.41 8.91 9.31 9.01 12.46

Competitive Comparison of Shui-Mu International Co's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Shui-Mu International 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.


Shui-Mu International Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shui-Mu International Co's Cyclically Adjusted Price-to-FCF falls into.



Shui-Mu International 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.

Shui-Mu International Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.15/0.96
=12.66

* 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.

Shui-Mu International Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shui-Mu International 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)
=1.049/131.7762*131.7762
=1.049

Current CPI (Mar. 2024) = 131.7762.

Shui-Mu International Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.674 100.560 -2.194
201409 1.917 100.428 2.515
201412 -2.390 99.070 -3.179
201503 -0.426 99.621 -0.564
201506 -2.502 100.684 -3.275
201509 2.646 100.392 3.473
201512 0.104 99.792 0.137
201603 1.429 100.470 1.874
201606 0.111 101.688 0.144
201609 1.210 101.861 1.565
201612 -0.798 101.863 -1.032
201703 -0.281 102.862 -0.360
201706 -0.898 103.349 -1.145
201709 -0.161 104.136 -0.204
201712 0.093 104.011 0.118
201803 0.013 105.290 0.016
201806 -0.081 106.317 -0.100
201809 -0.289 106.507 -0.358
201812 -1.358 105.998 -1.688
201903 0.581 107.251 0.714
201906 0.356 108.070 0.434
201909 0.187 108.329 0.227
201912 1.277 108.420 1.552
202003 -0.232 108.902 -0.281
202006 0.236 108.767 0.286
202009 0.723 109.815 0.868
202012 0.738 109.897 0.885
202103 0.176 111.754 0.208
202106 -0.138 114.631 -0.159
202109 0.485 115.734 0.552
202112 1.238 117.630 1.387
202203 0.139 121.301 0.151
202206 0.162 125.017 0.171
202209 -0.108 125.227 -0.114
202212 1.144 125.222 1.204
202303 0.334 127.348 0.346
202306 1.475 128.729 1.510
202309 1.297 129.860 1.316
202312 1.554 129.419 1.582
202403 1.049 131.776 1.049

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.


Shui-Mu International Co  (TPE:8443) 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.


Shui-Mu International Co Cyclically Adjusted Price-to-FCF Related Terms

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Shui-Mu International Co (TPE:8443) Business Description

Traded in Other Exchanges
N/A
Address
No.168,Songjiang Road, 6th Floor, Zhongshan District, Taipei, TWN
Shui-Mu International Co Ltd is a Taiwan-based shoe retailing company. It designs, manufactures, and markets footwear, leather goods, and apparel accessories.

Shui-Mu International Co (TPE:8443) Headlines

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