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Beijing Watertek Information Technology Co (SZSE:300324) Cyclically Adjusted Price-to-FCF : 21.55 (As of Jun. 01, 2024)


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What is Beijing Watertek Information Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Beijing Watertek Information Technology Co's current share price is ¥2.37. Beijing Watertek Information Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.11. Beijing Watertek Information Technology Co's Cyclically Adjusted Price-to-FCF for today is 21.55.

The historical rank and industry rank for Beijing Watertek Information Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:300324' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.75   Med: 29.83   Max: 70.55
Current: 22

During the past years, Beijing Watertek Information Technology Co's highest Cyclically Adjusted Price-to-FCF was 70.55. The lowest was 18.75. And the median was 29.83.

SZSE:300324's Cyclically Adjusted Price-to-FCF is ranked better than
69.44% of 108 companies
in the Aerospace & Defense industry
Industry Median: 35.56 vs SZSE:300324: 22.00

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.

Beijing Watertek Information Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.125. 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 ¥0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Watertek Information Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijing Watertek Information Technology 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.

Beijing Watertek Information Technology Co Cyclically Adjusted Price-to-FCF Chart

Beijing Watertek Information Technology 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 - 35.08 31.21 23.46 28.86

Beijing Watertek Information Technology 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 29.86 29.96 24.69 28.86 28.08

Competitive Comparison of Beijing Watertek Information Technology Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Beijing Watertek Information Technology 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.


Beijing Watertek Information Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Beijing Watertek Information Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Beijing Watertek Information Technology 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.

Beijing Watertek Information Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.37/0.11
=21.55

* 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.

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

For example, Beijing Watertek Information Technology 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)
=-0.125/115.2271*115.2271
=-0.125

Current CPI (Mar. 2024) = 115.2271.

Beijing Watertek Information Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.002 98.200 0.002
201409 -0.019 98.900 -0.022
201412 0.028 99.000 0.033
201503 -0.044 99.900 -0.051
201506 0.084 99.500 0.097
201509 0.125 100.500 0.143
201512 0.108 100.600 0.124
201603 -0.032 102.200 -0.036
201606 0.150 101.400 0.170
201609 0.068 102.400 0.077
201612 0.183 102.600 0.206
201703 -0.069 103.200 -0.077
201706 0.098 103.100 0.110
201709 0.099 104.100 0.110
201712 0.204 104.500 0.225
201803 -0.252 105.300 -0.276
201806 -0.076 104.900 -0.083
201809 -0.071 106.600 -0.077
201812 0.253 106.500 0.274
201903 -0.236 107.700 -0.252
201906 0.124 107.700 0.133
201909 0.017 109.800 0.018
201912 0.314 111.200 0.325
202003 -0.114 112.300 -0.117
202006 0.059 110.400 0.062
202009 0.012 111.700 0.012
202012 0.107 111.500 0.111
202103 -0.200 112.662 -0.205
202106 0.106 111.769 0.109
202109 -0.021 112.215 -0.022
202112 0.163 113.108 0.166
202203 -0.131 114.335 -0.132
202206 0.046 114.558 0.046
202209 -0.062 115.339 -0.062
202212 0.085 115.116 0.085
202303 -0.078 115.116 -0.078
202306 -0.004 114.558 -0.004
202309 0.169 115.339 0.169
202312 -0.118 114.781 -0.118
202403 -0.125 115.227 -0.125

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.


Beijing Watertek Information Technology Co  (SZSE:300324) 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.


Beijing Watertek Information Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Beijing Watertek Information Technology Co (SZSE:300324) Business Description

Traded in Other Exchanges
N/A
Address
Fengxiu Middle Street, Building No.12,Compound No.3, Haidian District, Beijing, CHN, 100094
Beijing Watertek Information Technology Co Ltd is a China-based company engaged in the development, production, sale, and technical servicing of embedded systems primarily for defense, military, and civilian applications. The company offers embedded system testing, equipment integrated support, broadband area communication, electronic component testing, Beidou navigation system, self-controlled information products in key industries, and radio frequency hybrid-signal chip design. It is also involved in the other fields of taxation access control, smart city, and spatio-temporal big data.
Executives
Jiang Ping Director
Xie Jun Wei Executives
Cai Hou Fu Directors, executives
Zhao Ting Rong Executives
Huang Hai Tao Directors, executives
Chen Wei Qun Executives
Chen Jiang Tao Director
Zhou Xiang Executives
Zou Wei Ming Supervisors
Liu Ming Directors, executives
Li Ju Yong Supervisors
Li Shao Bin Independent director
Wang Dan Securities Affairs Representative
Ruan Ya Zhan Supervisors

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