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Dawning Information Industry Co (SHSE:603019) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Dawning Information Industry Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dawning Information Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dawning Information Industry 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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Dawning Information Industry Co Cyclically Adjusted Price-to-FCF Chart

Dawning Information Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Dawning Information Industry 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 Dawning Information Industry Co's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Dawning Information Industry 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.


Dawning Information Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dawning Information Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dawning Information Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Dawning Information Industry 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.

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

For example, Dawning Information Industry 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)
=-0.456/115.2271*115.2271
=-0.456

Current CPI (Mar. 2024) = 115.2271.

Dawning Information Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.068 98.200 0.080
201409 -0.176 98.900 -0.205
201412 0.214 99.000 0.249
201503 -0.309 99.900 -0.356
201506 -0.061 99.500 -0.071
201509 -0.166 100.500 -0.190
201512 0.310 100.600 0.355
201603 -0.297 102.200 -0.335
201606 -0.289 101.400 -0.328
201609 -0.095 102.400 -0.107
201612 0.214 102.600 0.240
201703 -0.117 103.200 -0.131
201706 -0.523 103.100 -0.585
201709 -0.099 104.100 -0.110
201712 0.273 104.500 0.301
201803 -0.279 105.300 -0.305
201806 -0.199 104.900 -0.219
201809 0.032 106.600 0.035
201812 0.385 106.500 0.417
201903 0.436 107.700 0.466
201906 0.296 107.700 0.317
201909 0.593 109.800 0.622
201912 0.625 111.200 0.648
202003 -0.118 112.300 -0.121
202006 -0.250 110.400 -0.261
202009 0.925 111.700 0.954
202012 0.799 111.500 0.826
202103 -0.294 112.662 -0.301
202106 -0.052 111.769 -0.054
202109 -1.537 112.215 -1.578
202112 0.370 113.108 0.377
202203 -0.938 114.335 -0.945
202206 -0.695 114.558 -0.699
202209 -0.695 115.339 -0.694
202212 1.225 115.116 1.226
202303 -0.458 115.116 -0.458
202306 0.373 114.558 0.375
202309 -0.557 115.339 -0.556
202312 1.438 114.781 1.444
202403 -0.456 115.227 -0.456

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.


Dawning Information Industry Co  (SHSE:603019) 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.


Dawning Information Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Dawning Information Industry Co (SHSE:603019) Business Description

Traded in Other Exchanges
N/A
Address
Sugon Buliding, No.36 Zhongguancun Software Prak, No.8 Dongbeiwang West Road, Haidian District, Beijing, CHN, 100193
Dawning Information Industry Co Ltd is a China-based company engages in the manufacturing and selling of computers and servers. The company also provides industrial solutions and cloud computing services. Its products include server products, safety products, high-performance computing products, infrastructure, storage products, and cloud computing products. It offers integrated information services such as cloud computing and large data, software development, system integration and technical services.
Executives
Weng Qi Nan senior management
Ren Jing Yang senior management
Xu Wen Chao Directors, senior managers
Li Jun Directors, senior managers
Nie Hua Director
Shi Xin Dong senior management

Dawning Information Industry Co (SHSE:603019) Headlines

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