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Kandi Technologies Group (FRA:K40) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Kandi Technologies Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kandi Technologies Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kandi Technologies Group'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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Kandi Technologies Group Cyclically Adjusted Price-to-FCF Chart

Kandi Technologies Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Kandi Technologies Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Kandi Technologies Group's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Kandi Technologies Group'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.


Kandi Technologies Group's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kandi Technologies Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Kandi Technologies Group's Cyclically Adjusted Price-to-FCF falls into.



Kandi Technologies Group 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.

Kandi Technologies Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kandi Technologies Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.343/114.7809*114.7809
=-1.343

Current CPI (Dec. 2023) = 114.7809.

Kandi Technologies Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.058 98.600 -0.068
201406 -0.643 98.200 -0.752
201409 -0.173 98.900 -0.201
201412 -0.181 99.000 -0.210
201503 -0.194 99.900 -0.223
201506 -0.061 99.500 -0.070
201509 0.216 100.500 0.247
201512 -0.110 100.600 -0.126
201603 -0.097 102.200 -0.109
201606 -0.001 101.400 -0.001
201609 -0.405 102.400 -0.454
201612 -0.579 102.600 -0.648
201703 -0.297 103.200 -0.330
201706 0.228 103.100 0.254
201709 0.004 104.100 0.004
201712 -0.042 104.500 -0.046
201803 -0.022 105.300 -0.024
201806 0.016 104.900 0.018
201809 -0.020 106.600 -0.022
201812 0.242 106.500 0.261
201903 -0.246 107.700 -0.262
201906 -0.323 107.700 -0.344
201909 0.311 109.800 0.325
201912 -0.256 111.200 -0.264
202003 -0.458 112.300 -0.468
202006 -0.131 110.400 -0.136
202009 0.299 111.700 0.307
202012 -0.690 111.500 -0.710
202103 -0.181 112.662 -0.184
202106 -0.043 111.769 -0.044
202109 -0.159 112.215 -0.163
202112 0.178 113.108 0.181
202203 0.062 114.335 0.062
202206 0.200 114.558 0.200
202209 -0.134 115.339 -0.133
202212 0.208 115.116 0.207
202303 0.084 115.116 0.084
202306 0.037 114.558 0.037
202309 0.042 115.339 0.042
202312 -1.343 114.781 -1.343

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.


Kandi Technologies Group  (FRA:K40) 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.


Kandi Technologies Group Cyclically Adjusted Price-to-FCF Related Terms

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Kandi Technologies Group (FRA:K40) Business Description

Traded in Other Exchanges
Address
Jinhua New Energy Vehicle Town, Zhejiang Province, Jinhua, CHN, 321016
Kandi Technologies Group Inc is engaged in the development, production, and distribution of electric vehicle (EV) products, EV parts, and off-road vehicle products, primarily in the Chinese market. Other product offerings include all-terrain vehicles, go-karts, utility vehicles, battery packs, motor vehicles, controllers, and air conditioning systems. It generates revenue through EV parts and off-road vehicles. The company generates the majority of its revenue from China, and it also exports Overseas.

Kandi Technologies Group (FRA:K40) Headlines

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