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Sincere Navigation (TPE:2605) Cyclically Adjusted Price-to-FCF : 11.91 (As of May. 27, 2024)


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What is Sincere Navigation Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Sincere Navigation's current share price is NT$29.30. Sincere Navigation's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.46. Sincere Navigation's Cyclically Adjusted Price-to-FCF for today is 11.91.

The historical rank and industry rank for Sincere Navigation's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:2605' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.74   Med: 8.16   Max: 20.3
Current: 11.64

During the past years, Sincere Navigation's highest Cyclically Adjusted Price-to-FCF was 20.30. The lowest was 4.74. And the median was 8.16.

TPE:2605's Cyclically Adjusted Price-to-FCF is ranked better than
65.24% of 420 companies
in the Transportation industry
Industry Median: 18.045 vs TPE:2605: 11.64

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.

Sincere Navigation's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$0.983. 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$2.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sincere Navigation Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sincere Navigation'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.

Sincere Navigation Cyclically Adjusted Price-to-FCF Chart

Sincere Navigation 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 7.93 10.55 10.39 7.73 10.61

Sincere Navigation 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 9.69 7.44 9.68 10.61 9.81

Competitive Comparison of Sincere Navigation's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Sincere Navigation'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.


Sincere Navigation's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Sincere Navigation 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.

Sincere Navigation's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.30/2.46
=11.91

* 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.

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

For example, Sincere Navigation'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)
=0.983/131.7762*131.7762
=0.983

Current CPI (Mar. 2024) = 131.7762.

Sincere Navigation Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.080 100.560 1.415
201409 -0.225 100.428 -0.295
201412 -0.376 99.070 -0.500
201503 1.489 99.621 1.970
201506 0.766 100.684 1.003
201509 1.319 100.392 1.731
201512 0.645 99.792 0.852
201603 1.326 100.470 1.739
201606 0.032 101.688 0.041
201609 0.906 101.861 1.172
201612 0.626 101.863 0.810
201703 -2.946 102.862 -3.774
201706 0.629 103.349 0.802
201709 0.695 104.136 0.879
201712 0.931 104.011 1.180
201803 -1.074 105.290 -1.344
201806 -0.092 106.317 -0.114
201809 0.753 106.507 0.932
201812 0.629 105.998 0.782
201903 0.655 107.251 0.805
201906 0.557 108.070 0.679
201909 0.837 108.329 1.018
201912 1.094 108.420 1.330
202003 0.492 108.902 0.595
202006 1.194 108.767 1.447
202009 1.200 109.815 1.440
202012 0.781 109.897 0.936
202103 0.698 111.754 0.823
202106 0.521 114.631 0.599
202109 0.774 115.734 0.881
202112 1.209 117.630 1.354
202203 0.373 121.301 0.405
202206 0.246 125.017 0.259
202209 0.551 125.227 0.580
202212 -0.509 125.222 -0.536
202303 0.987 127.348 1.021
202306 0.763 128.729 0.781
202309 -0.835 129.860 -0.847
202312 0.726 129.419 0.739
202403 0.983 131.776 0.983

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.


Sincere Navigation  (TPE:2605) 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.


Sincere Navigation Cyclically Adjusted Price-to-FCF Related Terms

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


Sincere Navigation (TPE:2605) Business Description

Traded in Other Exchanges
N/A
Address
No. 368, Fuxing South Road, 14th Floor, Section 1, Daan District, Taipei, TWN, 10656
Sincere Navigation Corp is a transportation and logistics company. It s engaged in bulk shipping, tug and barge services, and operating a shipping agency. The fleets operated by the company include Double Hull Handymax Bulker, Double Hull Capesize, Capesize Bulker and Kamsarmax among others.

Sincere Navigation (TPE:2605) Headlines

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