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BOE Varitronix (HKSE:00710) Cyclically Adjusted Price-to-FCF : 22.67 (As of Jun. 06, 2024)


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What is BOE Varitronix Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), BOE Varitronix's current share price is HK$5.44. BOE Varitronix's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.24. BOE Varitronix's Cyclically Adjusted Price-to-FCF for today is 22.67.

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

HKSE:00710' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.15   Med: 21.54   Max: 81.74
Current: 22.73

During the past 13 years, BOE Varitronix's highest Cyclically Adjusted Price-to-FCF was 81.74. The lowest was 9.15. And the median was 21.54.

HKSE:00710's Cyclically Adjusted Price-to-FCF is ranked better than
59.9% of 965 companies
in the Hardware industry
Industry Median: 30.44 vs HKSE:00710: 22.73

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.

BOE Varitronix's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.859. 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 HK$0.24 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BOE Varitronix Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BOE Varitronix'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.

BOE Varitronix Cyclically Adjusted Price-to-FCF Chart

BOE Varitronix 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 12.82 14.15 43.37 61.14 29.02

BOE Varitronix Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 43.37 - 61.14 - 29.02

Competitive Comparison of BOE Varitronix's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, BOE Varitronix'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.


BOE Varitronix's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BOE Varitronix's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



BOE Varitronix 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.

BOE Varitronix's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.44/0.24
=22.67

* 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.

BOE Varitronix's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, BOE Varitronix's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.859/117.2957*117.2957
=0.859

Current CPI (Dec23) = 117.2957.

BOE Varitronix Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.589 99.707 0.693
201512 0.692 102.015 0.796
201612 0.225 103.225 0.256
201712 -0.791 104.984 -0.884
201812 0.106 107.622 0.116
201912 0.267 110.700 0.283
202012 0.267 109.711 0.285
202112 0.561 112.349 0.586
202212 -0.543 114.548 -0.556
202312 0.859 117.296 0.859

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.


BOE Varitronix  (HKSE:00710) 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.


BOE Varitronix Cyclically Adjusted Price-to-FCF Related Terms

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


BOE Varitronix (HKSE:00710) Business Description

Industry
Traded in Other Exchanges
Address
Number 7 Shing Yip Street, Units A - F, 35th Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the Manufacture and Sale of Liquid Crystal Displays and Related Products. The company's geographical segments include the PRC, Europe, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.
Executives
China Orient Asset Management (international) Holding Limited 2201 Interest of corporation controlled by you
Jing Dong Fang Ke Ji Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Ko Chun Shun, Johnson 2201 Interest of corporation controlled by you
Rockstead Technology Limited 2101 Beneficial owner

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