GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Golden Long Teng Development Co Ltd (ROCO:3188) » Definitions » Cyclically Adjusted Price-to-FCF

Golden Long Teng Development Co (ROCO:3188) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Golden Long Teng Development Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Long Teng Development Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Golden Long Teng Development 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.

Golden Long Teng Development Co Cyclically Adjusted Price-to-FCF Chart

Golden Long Teng Development Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Golden Long Teng Development 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 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 - - - - -

Competitive Comparison of Golden Long Teng Development Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Golden Long Teng 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.


Golden Long Teng Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Golden Long Teng Development 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.

Golden Long Teng Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Golden Long Teng 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)
=0.253/131.7762*131.7762
=0.253

Current CPI (Mar. 2024) = 131.7762.

Golden Long Teng Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.031 99.695 0.041
201406 -0.258 100.560 -0.338
201409 -0.320 100.428 -0.420
201412 0.185 99.070 0.246
201503 -0.348 99.621 -0.460
201506 0.068 100.684 0.089
201509 0.383 100.392 0.503
201512 0.039 99.792 0.051
201603 -3.568 100.470 -4.680
201606 0.018 101.688 0.023
201609 -1.670 101.861 -2.160
201612 -0.813 101.863 -1.052
201703 1.576 102.862 2.019
201706 -7.707 103.349 -9.827
201709 1.273 104.136 1.611
201712 -1.353 104.011 -1.714
201803 -9.088 105.290 -11.374
201806 -9.540 106.317 -11.825
201809 0.364 106.507 0.450
201812 7.881 105.998 9.798
201903 -0.307 107.251 -0.377
201906 2.141 108.070 2.611
201909 -4.442 108.329 -5.403
201912 -2.871 108.420 -3.489
202003 0.032 108.902 0.039
202006 -3.906 108.767 -4.732
202009 -0.262 109.815 -0.314
202012 1.724 109.897 2.067
202103 2.633 111.754 3.105
202106 2.509 114.631 2.884
202109 -0.982 115.734 -1.118
202112 -1.796 117.630 -2.012
202203 -9.036 121.301 -9.816
202206 -2.416 125.017 -2.547
202209 0.103 125.227 0.108
202212 0.088 125.222 0.093
202303 -1.563 127.348 -1.617
202306 -2.090 128.729 -2.139
202309 -0.742 129.860 -0.753
202403 0.253 131.776 0.253

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.


Golden Long Teng Development Co  (ROCO:3188) 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.


Golden Long Teng Development Co Cyclically Adjusted Price-to-FCF Related Terms

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


Golden Long Teng Development Co (ROCO:3188) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Mingcheng 4th Road, Longshui Vil., Gushan District, Kaohsiung, TWN, 80457
Golden Long Teng Development Co Ltd is engaged in residential construction and building development. The company's segment includes Construction and Development Department and Construction Department. It generates maximum revenue from the Construction and Development Department segment.

Golden Long Teng Development Co (ROCO:3188) Headlines

No Headlines