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Pou Chen (TPE:9904) Cyclically Adjusted Price-to-FCF : 13.48 (As of May. 17, 2024)


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What is Pou Chen Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Pou Chen's current share price is NT$38.95. Pou Chen's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.89. Pou Chen's Cyclically Adjusted Price-to-FCF for today is 13.48.

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

TPE:9904' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.3   Med: 14.57   Max: 24.39
Current: 13.49

During the past years, Pou Chen's highest Cyclically Adjusted Price-to-FCF was 24.39. The lowest was 10.30. And the median was 14.57.

TPE:9904's Cyclically Adjusted Price-to-FCF is ranked better than
65.12% of 367 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18 vs TPE:9904: 13.49

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.

Pou Chen's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.484. 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$2.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pou Chen Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pou Chen'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.

Pou Chen Cyclically Adjusted Price-to-FCF Chart

Pou Chen 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 20.77 16.38 15.03 14.66 10.71

Pou Chen 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 11.32 11.54 10.28 10.71 12.54

Competitive Comparison of Pou Chen's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Pou Chen'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.


Pou Chen's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Pou Chen's Cyclically Adjusted Price-to-FCF falls into.



Pou Chen 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.

Pou Chen's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=38.95/2.89
=13.48

* 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.

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

For example, Pou Chen'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)
=-0.484/131.7762*131.7762
=-0.484

Current CPI (Mar. 2024) = 131.7762.

Pou Chen Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.708 100.560 2.238
201409 0.435 100.428 0.571
201412 -0.864 99.070 -1.149
201503 0.732 99.621 0.968
201506 0.814 100.684 1.065
201509 -0.508 100.392 -0.667
201512 1.422 99.792 1.878
201603 0.102 100.470 0.134
201606 -0.957 101.688 -1.240
201609 1.601 101.861 2.071
201612 -0.455 101.863 -0.589
201703 0.730 102.862 0.935
201706 -2.069 103.349 -2.638
201709 0.481 104.136 0.609
201712 0.749 104.011 0.949
201803 -2.045 105.290 -2.559
201806 -0.651 106.317 -0.807
201809 1.390 106.507 1.720
201812 -0.016 105.998 -0.020
201903 0.266 107.251 0.327
201906 0.253 108.070 0.308
201909 1.268 108.329 1.542
201912 2.107 108.420 2.561
202003 1.083 108.902 1.310
202006 0.243 108.767 0.294
202009 3.116 109.815 3.739
202012 -0.299 109.897 -0.359
202103 -0.758 111.754 -0.894
202106 1.082 114.631 1.244
202109 0.838 115.734 0.954
202112 0.214 117.630 0.240
202203 -2.996 121.301 -3.255
202206 0.314 125.017 0.331
202209 2.623 125.227 2.760
202212 5.797 125.222 6.100
202303 2.301 127.348 2.381
202306 0.953 128.729 0.976
202309 3.161 129.860 3.208
202312 2.086 129.419 2.124
202403 -0.484 131.776 -0.484

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.


Pou Chen  (TPE:9904) 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.


Pou Chen Cyclically Adjusted Price-to-FCF Related Terms

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


Pou Chen (TPE:9904) Business Description

Traded in Other Exchanges
N/A
Address
No. 600, Section 4, Taiwan Blvd, Xitun District, Taichung, TWN, 40764
Pou Chen Corp is engaged in the manufacturing and sale of shoes and the import and export of related products and materials. The firm also invests in the shoes and electronics industries. Its business is Footwear Business, Retail Business, and Other Business.

Pou Chen (TPE:9904) Headlines

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