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Eclat Textile Co (TPE:1476) Cyclically Adjusted FCF per Share : NT$14.33 (As of Mar. 2024)


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What is Eclat Textile 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.

Eclat Textile Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$5.219. 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$14.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eclat Textile Co's average Cyclically Adjusted FCF Growth Rate was 14.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.50% 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 Eclat Textile Co was 21.50% per year. The lowest was 14.00% per year. And the median was 17.75% per year.

As of today (2024-05-24), Eclat Textile Co's current stock price is NT$476.50. Eclat Textile Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$14.33. Eclat Textile Co's Cyclically Adjusted Price-to-FCF of today is 33.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Eclat Textile Co was 79.90. The lowest was 31.64. And the median was 50.93.


Eclat Textile Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Eclat Textile 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.

Eclat Textile Co Cyclically Adjusted FCF per Share Chart

Eclat Textile Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.80 7.00 8.18 8.59 12.56

Eclat Textile Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 12.56 12.70 12.90 13.99 14.33

Competitive Comparison of Eclat Textile Co's Cyclically Adjusted FCF per Share

For the Apparel Manufacturing subindustry, Eclat Textile 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.


Eclat Textile Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Eclat Textile 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, Eclat Textile 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)
=5.219/131.7762*131.7762
=5.219

Current CPI (Mar. 2024) = 131.7762.

Eclat Textile Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.189 99.695 -0.250
201406 -1.362 100.560 -1.785
201409 2.651 100.428 3.479
201412 4.448 99.070 5.916
201503 2.409 99.621 3.187
201506 -0.744 100.684 -0.974
201509 6.603 100.392 8.667
201512 6.231 99.792 8.228
201603 5.307 100.470 6.961
201606 1.121 101.688 1.453
201609 3.022 101.861 3.910
201612 3.657 101.863 4.731
201703 2.263 102.862 2.899
201706 -0.113 103.349 -0.144
201709 1.977 104.136 2.502
201712 -10.895 104.011 -13.803
201803 3.729 105.290 4.667
201806 1.364 106.317 1.691
201809 5.472 106.507 6.770
201812 3.840 105.998 4.774
201903 5.497 107.251 6.754
201906 2.867 108.070 3.496
201909 5.113 108.329 6.220
201912 3.052 108.420 3.709
202003 1.699 108.902 2.056
202006 -0.545 108.767 -0.660
202009 7.629 109.815 9.155
202012 2.025 109.897 2.428
202103 -0.945 111.754 -1.114
202106 0.585 114.631 0.672
202109 4.070 115.734 4.634
202112 -2.686 117.630 -3.009
202203 4.970 121.301 5.399
202206 5.697 125.017 6.005
202209 15.203 125.227 15.998
202212 12.441 125.222 13.092
202303 2.042 127.348 2.113
202306 -2.199 128.729 -2.251
202309 10.384 129.860 10.537
202403 5.219 131.776 5.219

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


Eclat Textile Co  (TPE:1476) 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.

Eclat Textile Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=476.50/14.33
=33.25

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Eclat Textile Co was 79.90. The lowest was 31.64. And the median was 50.93.


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.


Eclat Textile Co Cyclically Adjusted FCF per Share Related Terms

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


Eclat Textile Co (TPE:1476) Business Description

Traded in Other Exchanges
N/A
Address
No. 80, Section 2, Chang'an E. Road, 10th Floor, 3, Taipei, TWN
Eclat Textile Co Ltd is a Taiwan-based textile company that operates in two segments: the knitted division, which produces and sells flexible textiles, and the clothing division, which produces, process, and sells clothing. Its geographical segments include the Americas, Asia, Europe, the Middle East, ANZ, Africa, and Other countries.

Eclat Textile Co (TPE:1476) Headlines

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