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Shin Ruenn Development Co (ROCO:6186) Cyclically Adjusted FCF per Share : NT$-8.98 (As of Mar. 2024)


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What is Shin Ruenn Development Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Shin Ruenn Development Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-2.154. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-8.98 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Shin Ruenn Development Co was 8.90% per year. The lowest was -21.70% per year. And the median was -6.40% per year.

As of today (2024-06-08), Shin Ruenn Development Co's current stock price is NT$101.00. Shin Ruenn Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-8.98. Shin Ruenn Development Co's Cyclically Adjusted Price-to-FCF of today is .


Shin Ruenn Development Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shin Ruenn Development Co's Cyclically Adjusted FCF per Share 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.

Shin Ruenn Development Co Cyclically Adjusted FCF per Share Chart

Shin Ruenn Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.18 -11.20 -9.28 -9.34 -8.48

Shin Ruenn Development 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 FCF per Share 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 -9.67 -9.26 -8.25 -8.48 -8.98

Competitive Comparison of Shin Ruenn Development Co's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Shin Ruenn Development 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.


Shin Ruenn Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shin Ruenn Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shin Ruenn Development Co's Cyclically Adjusted Price-to-FCF falls into.



Shin Ruenn Development Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Shin Ruenn Development 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)
=-2.154/131.7762*131.7762
=-2.154

Current CPI (Mar. 2024) = 131.7762.

Shin Ruenn Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3.420 100.560 -4.482
201409 -1.789 100.428 -2.347
201412 2.760 99.070 3.671
201503 -0.625 99.621 -0.827
201506 -1.581 100.684 -2.069
201509 -2.173 100.392 -2.852
201512 4.367 99.792 5.767
201603 1.552 100.470 2.036
201606 0.766 101.688 0.993
201609 7.387 101.861 9.556
201612 -8.951 101.863 -11.580
201703 1.105 102.862 1.416
201706 -1.515 103.349 -1.932
201709 -0.106 104.136 -0.134
201712 -1.464 104.011 -1.855
201803 -6.252 105.290 -7.825
201806 -1.046 106.317 -1.296
201809 2.526 106.507 3.125
201812 5.029 105.998 6.252
201903 -1.242 107.251 -1.526
201906 -10.974 108.070 -13.381
201909 -4.104 108.329 -4.992
201912 -2.215 108.420 -2.692
202003 -4.093 108.902 -4.953
202006 -34.436 108.767 -41.721
202009 -7.718 109.815 -9.261
202012 -11.623 109.897 -13.937
202103 8.159 111.754 9.621
202106 7.486 114.631 8.606
202109 -1.329 115.734 -1.513
202112 -6.600 117.630 -7.394
202203 -1.902 121.301 -2.066
202206 -5.261 125.017 -5.545
202209 -3.009 125.227 -3.166
202212 6.612 125.222 6.958
202303 -4.057 127.348 -4.198
202306 -3.498 128.729 -3.581
202309 1.024 129.860 1.039
202312 10.236 129.419 10.422
202403 -2.154 131.776 -2.154

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Shin Ruenn Development Co  (ROCO:6186) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Shin Ruenn Development Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Shin Ruenn Development Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Shin Ruenn Development Co (ROCO:6186) Business Description

Traded in Other Exchanges
N/A
Address
No. 109, Section 3, Minsheng East Road, 8th Floor, Songshan District, Taiepi, TWN, 105
Shin Ruenn Development Co Ltd provides development and sale of residential and commercial buildings, villas, and office buildings.

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