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Johnson Chemical Pharmaceutical Works Co (ROCO:4747) Cyclically Adjusted Price-to-FCF : 76.20 (As of Jun. 03, 2024)


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What is Johnson Chemical Pharmaceutical Works Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-03), Johnson Chemical Pharmaceutical Works Co's current share price is NT$70.10. Johnson Chemical Pharmaceutical Works Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.92. Johnson Chemical Pharmaceutical Works Co's Cyclically Adjusted Price-to-FCF for today is 76.20.

The historical rank and industry rank for Johnson Chemical Pharmaceutical Works Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:4747' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.44   Med: 38.24   Max: 127.53
Current: 75.81

During the past years, Johnson Chemical Pharmaceutical Works Co's highest Cyclically Adjusted Price-to-FCF was 127.53. The lowest was 29.44. And the median was 38.24.

ROCO:4747's Cyclically Adjusted Price-to-FCF is ranked worse than
76.09% of 322 companies
in the Drug Manufacturers industry
Industry Median: 31.79 vs ROCO:4747: 75.81

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.

Johnson Chemical Pharmaceutical Works Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.276. 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$0.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnson Chemical Pharmaceutical Works Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Johnson Chemical Pharmaceutical Works 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.

Johnson Chemical Pharmaceutical Works Co Cyclically Adjusted Price-to-FCF Chart

Johnson Chemical Pharmaceutical Works Co 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 - 37.01 34.47 49.86 83.38

Johnson Chemical Pharmaceutical Works 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 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 53.68 126.84 97.57 83.38 78.19

Competitive Comparison of Johnson Chemical Pharmaceutical Works Co's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Johnson Chemical Pharmaceutical Works 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.


Johnson Chemical Pharmaceutical Works Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Johnson Chemical Pharmaceutical Works Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Johnson Chemical Pharmaceutical Works Co's Cyclically Adjusted Price-to-FCF falls into.



Johnson Chemical Pharmaceutical Works 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.

Johnson Chemical Pharmaceutical Works Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=70.10/0.92
=76.20

* 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.

Johnson Chemical Pharmaceutical Works Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Johnson Chemical Pharmaceutical Works 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)
=0.276/131.7762*131.7762
=0.276

Current CPI (Mar. 2024) = 131.7762.

Johnson Chemical Pharmaceutical Works Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.658 100.560 0.862
201409 0.435 100.428 0.571
201412 0.417 99.070 0.555
201503 0.214 99.621 0.283
201506 0.276 100.684 0.361
201509 0.290 100.392 0.381
201512 0.337 99.792 0.445
201603 -1.920 100.470 -2.518
201606 0.868 101.688 1.125
201609 -0.062 101.861 -0.080
201612 0.302 101.863 0.391
201703 0.209 102.862 0.268
201706 0.681 103.349 0.868
201709 -0.246 104.136 -0.311
201712 0.444 104.011 0.563
201803 0.639 105.290 0.800
201806 0.949 106.317 1.176
201809 0.309 106.507 0.382
201812 -0.073 105.998 -0.091
201903 0.730 107.251 0.897
201906 0.119 108.070 0.145
201909 0.109 108.329 0.133
201912 0.738 108.420 0.897
202003 0.582 108.902 0.704
202006 0.911 108.767 1.104
202009 -4.405 109.815 -5.286
202012 0.210 109.897 0.252
202103 -0.268 111.754 -0.316
202106 -0.190 114.631 -0.218
202109 0.603 115.734 0.687
202112 0.305 117.630 0.342
202203 0.144 121.301 0.156
202206 0.026 125.017 0.027
202209 0.148 125.227 0.156
202212 0.471 125.222 0.496
202303 0.657 127.348 0.680
202306 0.480 128.729 0.491
202309 1.072 129.860 1.088
202312 0.498 129.419 0.507
202403 0.276 131.776 0.276

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.


Johnson Chemical Pharmaceutical Works Co  (ROCO:4747) 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.


Johnson Chemical Pharmaceutical Works Co Cyclically Adjusted Price-to-FCF Related Terms

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Johnson Chemical Pharmaceutical Works Co (ROCO:4747) Business Description

Traded in Other Exchanges
N/A
Address
Sanhe Road, No. 77 and No. 79, Section 4, Sanchong District, New Taipei, TWN, 241
Johnson Chemical Pharmaceutical Works Co is engaged in the manufacturing of pharmaceutical ingredients importing and selling pharmaceutical materials and products. It manufactures drugs in a variety of forms, including solid dosage forms, capsules (soft/hard), tablets (sugar/film-coated), powder and granule, as well as nasal sprays. It offers products in therapeutic areas including the central nervous system, respiratory, cardiovascular, gastrointestinal, and endocrine system, vitamins, anti-inflammatory, cough and cold, and pain relievers. It organization's revenue mainly comes from medical product sales.

Johnson Chemical Pharmaceutical Works Co (ROCO:4747) Headlines

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