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Shih Wei Navigation Co (TPE:5608) Cyclically Adjusted FCF per Share : NT$1.09 (As of Mar. 2024)


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What is Shih Wei Navigation 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.

Shih Wei Navigation Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-2.463. 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$1.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shih Wei Navigation Co's average Cyclically Adjusted FCF Growth Rate was -26.80% 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.

As of today (2024-05-26), Shih Wei Navigation Co's current stock price is NT$20.75. Shih Wei Navigation Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.09. Shih Wei Navigation Co's Cyclically Adjusted Price-to-FCF of today is 19.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shih Wei Navigation Co was 29.73. The lowest was 13.44. And the median was 16.72.


Shih Wei Navigation Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shih Wei Navigation 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.

Shih Wei Navigation Co Cyclically Adjusted FCF per Share Chart

Shih Wei Navigation 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 -5.32 -4.63 -2.59 1.36 1.20

Shih Wei Navigation 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 1.49 1.30 1.31 1.20 1.09

Competitive Comparison of Shih Wei Navigation Co's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, Shih Wei Navigation 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.


Shih Wei Navigation Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shih Wei Navigation Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shih Wei Navigation Co's Cyclically Adjusted Price-to-FCF falls into.



Shih Wei Navigation 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, Shih Wei Navigation 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)
=-2.463/131.7762*131.7762
=-2.463

Current CPI (Mar. 2024) = 131.7762.

Shih Wei Navigation Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.412 100.560 -3.161
201409 -5.420 100.428 -7.112
201412 -1.470 99.070 -1.955
201503 -4.140 99.621 -5.476
201506 -1.558 100.684 -2.039
201509 0.089 100.392 0.117
201512 0.280 99.792 0.370
201603 -0.723 100.470 -0.948
201606 0.013 101.688 0.017
201609 0.169 101.861 0.219
201612 0.044 101.863 0.057
201703 0.220 102.862 0.282
201706 -0.262 103.349 -0.334
201709 0.014 104.136 0.018
201712 1.212 104.011 1.536
201803 0.449 105.290 0.562
201806 0.790 106.317 0.979
201809 0.702 106.507 0.869
201812 0.866 105.998 1.077
201903 0.533 107.251 0.655
201906 0.719 108.070 0.877
201909 0.738 108.329 0.898
201912 0.907 108.420 1.102
202003 -0.140 108.902 -0.169
202006 0.095 108.767 0.115
202009 -0.074 109.815 -0.089
202012 0.448 109.897 0.537
202103 1.033 111.754 1.218
202106 2.503 114.631 2.877
202109 3.945 115.734 4.492
202112 4.445 117.630 4.980
202203 2.838 121.301 3.083
202206 3.421 125.017 3.606
202209 2.363 125.227 2.487
202212 1.558 125.222 1.640
202303 0.378 127.348 0.391
202306 -0.411 128.729 -0.421
202309 -0.032 129.860 -0.032
202312 0.080 129.419 0.081
202403 -2.463 131.776 -2.463

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


Shih Wei Navigation Co  (TPE:5608) 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.

Shih Wei Navigation Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.75/1.09
=19.04

* 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 Shih Wei Navigation Co was 29.73. The lowest was 13.44. And the median was 16.72.


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.


Shih Wei Navigation Co Cyclically Adjusted FCF per Share Related Terms

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


Shih Wei Navigation Co (TPE:5608) Business Description

Traded in Other Exchanges
N/A
Address
No. 167, Fusing North Road, 16th Floor, Song-Shan District, Taipei, TWN, 10547
Shih Wei Navigation Co Ltd is a Taiwan-based company, that engages in the provision of shipping-related services. Its business includes the international shipping industry, bulk carrier leasing, and cargo transportation of bulk timber, steel, and ores. Its shipping agency industries such as cargo handling, crew loan allocation, ship repair projects, marine materials, arrangements, and other projects. Its vessel type includes Panamax, Supramax, Handy, Multi-Purpose, and Log Carriers. The company's operating segment includes Shipping and Tourist. It generates maximum revenue from the Shipping segment. Geographically, it derives a majority of its revenue from Asia.

Shih Wei Navigation Co (TPE:5608) Headlines

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