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Suzhou TFC Optical Communications Co (SZSE:300394) Cyclically Adjusted Price-to-FCF : 288.00 (As of May. 24, 2024)


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What is Suzhou TFC Optical Communications Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Suzhou TFC Optical Communications Co's current share price is ¥132.48. Suzhou TFC Optical Communications Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.46. Suzhou TFC Optical Communications Co's Cyclically Adjusted Price-to-FCF for today is 288.00.

The historical rank and industry rank for Suzhou TFC Optical Communications Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:300394' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 86.47   Med: 220.34   Max: 364.8
Current: 294.12

During the past years, Suzhou TFC Optical Communications Co's highest Cyclically Adjusted Price-to-FCF was 364.80. The lowest was 86.47. And the median was 220.34.

SZSE:300394's Cyclically Adjusted Price-to-FCF is ranked worse than
94.78% of 920 companies
in the Hardware industry
Industry Median: 30.97 vs SZSE:300394: 294.12

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.

Suzhou TFC Optical Communications Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.149. 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 ¥0.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suzhou TFC Optical Communications Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Suzhou TFC Optical Communications 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.

Suzhou TFC Optical Communications Co Cyclically Adjusted Price-to-FCF Chart

Suzhou TFC Optical Communications 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 - - - 84.46 204.44

Suzhou TFC Optical Communications 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 158.02 305.07 243.75 204.44 329.79

Competitive Comparison of Suzhou TFC Optical Communications Co's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Suzhou TFC Optical Communications 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.


Suzhou TFC Optical Communications Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou TFC Optical Communications Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Suzhou TFC Optical Communications Co's Cyclically Adjusted Price-to-FCF falls into.



Suzhou TFC Optical Communications 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.

Suzhou TFC Optical Communications Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=132.48/0.46
=288.00

* 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.

Suzhou TFC Optical Communications Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Suzhou TFC Optical Communications 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)
=0.149/115.2271*115.2271
=0.149

Current CPI (Mar. 2024) = 115.2271.

Suzhou TFC Optical Communications Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.022 98.200 0.026
201409 0.036 98.900 0.042
201412 -0.011 99.000 -0.013
201503 0.024 99.900 0.028
201506 0.062 99.500 0.072
201509 -0.012 100.500 -0.014
201512 0.032 100.600 0.037
201603 0.034 102.200 0.038
201606 0.022 101.400 0.025
201609 0.059 102.400 0.066
201612 0.050 102.600 0.056
201703 -0.054 103.200 -0.060
201706 0.056 103.100 0.063
201709 0.002 104.100 0.002
201712 0.084 104.500 0.093
201803 0.056 105.300 0.061
201806 0.023 104.900 0.025
201809 0.095 106.600 0.103
201812 0.067 106.500 0.072
201903 0.057 107.700 0.061
201906 -0.017 107.700 -0.018
201909 0.050 109.800 0.052
201912 -0.011 111.200 -0.011
202003 0.207 112.300 0.212
202006 -0.121 110.400 -0.126
202009 0.130 111.700 0.134
202012 0.051 111.500 0.053
202103 0.203 112.662 0.208
202106 0.105 111.769 0.108
202109 0.226 112.215 0.232
202112 0.140 113.108 0.143
202203 0.260 114.335 0.262
202206 0.335 114.558 0.337
202209 0.157 115.339 0.157
202212 0.145 115.116 0.145
202303 0.333 115.116 0.333
202306 0.320 114.558 0.322
202309 0.415 115.339 0.415
202312 0.695 114.781 0.698
202403 0.149 115.227 0.149

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.


Suzhou TFC Optical Communications Co  (SZSE:300394) 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.


Suzhou TFC Optical Communications Co Cyclically Adjusted Price-to-FCF Related Terms

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


Suzhou TFC Optical Communications Co (SZSE:300394) Business Description

Traded in Other Exchanges
N/A
Address
No. 695, Changjiang Road, High-new District, Jiangsu Province, Suzhou, CHN
Suzhou TFC Optical Communications Co Ltd is a fiber optical network connective component solution provider. It integrates Research and Development, production, and marketing of the products, which are widely used in telecom communication, data communication, and the Internet of things. Its products include Zirconia ceramics, CNC precision metal parts, Receptacles, Isolators, Fiber lenses, Fiber optic connectors, injection molding, and Optical fiber adaptors.

Suzhou TFC Optical Communications Co (SZSE:300394) Headlines

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