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Kuo Yang Construction Co (TPE:2505) Cyclically Adjusted Price-to-FCF : 81.53 (As of Jun. 08, 2024)


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What is Kuo Yang Construction Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Kuo Yang Construction Co's current share price is NT$29.35. Kuo Yang Construction Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.36. Kuo Yang Construction Co's Cyclically Adjusted Price-to-FCF for today is 81.53.

The historical rank and industry rank for Kuo Yang Construction Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:2505' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.18   Med: 38.91   Max: 564
Current: 75.95

During the past years, Kuo Yang Construction Co's highest Cyclically Adjusted Price-to-FCF was 564.00. The lowest was 8.18. And the median was 38.91.

TPE:2505's Cyclically Adjusted Price-to-FCF is ranked worse than
91.97% of 697 companies
in the Real Estate industry
Industry Median: 12.18 vs TPE:2505: 75.95

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.

Kuo Yang Construction Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-1.292. 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$0.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuo Yang Construction Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kuo Yang Construction 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.

Kuo Yang Construction Co Cyclically Adjusted Price-to-FCF Chart

Kuo Yang Construction 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 - 191.85 23.59 12.91 444.11

Kuo Yang Construction 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 32.30 88.04 29.94 444.11 77.60

Competitive Comparison of Kuo Yang Construction Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Kuo Yang Construction 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.


Kuo Yang Construction Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

* The bar in red indicates where Kuo Yang Construction Co's Cyclically Adjusted Price-to-FCF falls into.



Kuo Yang Construction 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.

Kuo Yang Construction Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.35/0.36
=81.53

* 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.

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

For example, Kuo Yang Construction 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)
=-1.292/131.7762*131.7762
=-1.292

Current CPI (Mar. 2024) = 131.7762.

Kuo Yang Construction Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.003 100.560 -1.314
201409 -0.779 100.428 -1.022
201412 -2.208 99.070 -2.937
201503 -2.687 99.621 -3.554
201506 -0.986 100.684 -1.290
201509 -0.620 100.392 -0.814
201512 0.133 99.792 0.176
201603 -1.445 100.470 -1.895
201606 -0.386 101.688 -0.500
201609 -1.186 101.861 -1.534
201612 0.503 101.863 0.651
201703 -1.141 102.862 -1.462
201706 2.224 103.349 2.836
201709 -2.113 104.136 -2.674
201712 -1.316 104.011 -1.667
201803 -1.144 105.290 -1.432
201806 -1.013 106.317 -1.256
201809 -1.177 106.507 -1.456
201812 0.376 105.998 0.467
201903 -1.180 107.251 -1.450
201906 -0.237 108.070 -0.289
201909 0.144 108.329 0.175
201912 0.399 108.420 0.485
202003 -0.448 108.902 -0.542
202006 23.291 108.767 28.218
202009 -0.681 109.815 -0.817
202012 1.511 109.897 1.812
202103 0.038 111.754 0.045
202106 2.865 114.631 3.294
202109 -1.151 115.734 -1.311
202112 -0.272 117.630 -0.305
202203 1.485 121.301 1.613
202206 1.048 125.017 1.105
202209 -2.961 125.227 -3.116
202212 -1.543 125.222 -1.624
202303 -0.255 127.348 -0.264
202306 -0.665 128.729 -0.681
202309 -0.413 129.860 -0.419
202312 -0.319 129.419 -0.325
202403 -1.292 131.776 -1.292

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.


Kuo Yang Construction Co  (TPE:2505) 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.


Kuo Yang Construction Co Cyclically Adjusted Price-to-FCF Related Terms

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Kuo Yang Construction Co (TPE:2505) Business Description

Traded in Other Exchanges
N/A
Address
Zhongxiao East Road, 18th Floor, No. 555, Section 4, Taipei City, TWN
Kuo Yang Construction Co Ltd is a Taiwan based company. The company is engaged in the construction of public housing and the lease and sales of commercial residential buildings, industrial plants, and commercial buildings.

Kuo Yang Construction Co (TPE:2505) Headlines

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