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Kunyue Development Co (ROCO:5206) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Kunyue Development Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kunyue Development Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kunyue 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.

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Kunyue Development Co Cyclically Adjusted Price-to-FCF Chart

Kunyue Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Kunyue Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Kunyue Development Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Kunyue 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.


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

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

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



Kunyue 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.

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

For example, Kunyue 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)
=-3.647/131.7762*131.7762
=-3.647

Current CPI (Mar. 2024) = 131.7762.

Kunyue Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.273 100.560 -2.979
201409 1.890 100.428 2.480
201412 -0.920 99.070 -1.224
201503 -1.980 99.621 -2.619
201506 -0.623 100.684 -0.815
201509 1.452 100.392 1.906
201512 1.387 99.792 1.832
201603 -0.737 100.470 -0.967
201606 -0.091 101.688 -0.118
201609 1.601 101.861 2.071
201612 0.891 101.863 1.153
201703 2.395 102.862 3.068
201706 0.246 103.349 0.314
201709 -0.213 104.136 -0.270
201712 -0.620 104.011 -0.786
201803 -3.215 105.290 -4.024
201806 -2.212 106.317 -2.742
201809 1.425 106.507 1.763
201812 -0.280 105.998 -0.348
201903 -0.796 107.251 -0.978
201906 -1.421 108.070 -1.733
201909 0.308 108.329 0.375
201912 -4.585 108.420 -5.573
202003 -9.083 108.902 -10.991
202006 3.190 108.767 3.865
202009 3.424 109.815 4.109
202012 -0.037 109.897 -0.044
202103 -5.775 111.754 -6.810
202106 -1.226 114.631 -1.409
202109 4.905 115.734 5.585
202112 -4.173 117.630 -4.675
202203 -1.968 121.301 -2.138
202206 -2.005 125.017 -2.113
202209 -1.311 125.227 -1.380
202212 0.141 125.222 0.148
202303 5.600 127.348 5.795
202306 -2.004 128.729 -2.051
202309 -2.022 129.860 -2.052
202312 -0.184 129.419 -0.187
202403 -3.647 131.776 -3.647

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.


Kunyue Development Co  (ROCO:5206) 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.


Kunyue Development Co Cyclically Adjusted Price-to-FCF Related Terms

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Kunyue Development Co (ROCO:5206) Business Description

Traded in Other Exchanges
N/A
Address
No. 402, Section 2, 19th Floor, Shizheng Rd., Xitun Dist., Taichung, TWN
Kunyue Development Co Ltd is engaged in the construction and leasing of residential buildings and commercial buildings, and real estate development. The company earns revenue from development of lands and buildings.

Kunyue Development Co (ROCO:5206) Headlines

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