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Q Technology (Group) Co (HKSE:01478) Cyclically Adjusted Price-to-FCF : 3.20 (As of Jun. 01, 2024)


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What is Q Technology (Group) Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Q Technology (Group) Co's current share price is HK$3.46. Q Technology (Group) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$1.08. Q Technology (Group) Co's Cyclically Adjusted Price-to-FCF for today is 3.20.

The historical rank and industry rank for Q Technology (Group) Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:01478' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.44   Med: 3.32   Max: 5.35
Current: 3.4

During the past 11 years, Q Technology (Group) Co's highest Cyclically Adjusted Price-to-FCF was 5.35. The lowest was 2.44. And the median was 3.32.

HKSE:01478's Cyclically Adjusted Price-to-FCF is ranked better than
97.29% of 960 companies
in the Hardware industry
Industry Median: 30.38 vs HKSE:01478: 3.40

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.

Q Technology (Group) Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$-0.350. 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$1.08 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Q Technology (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Q Technology (Group) 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.

Q Technology (Group) Co Cyclically Adjusted Price-to-FCF Chart

Q Technology (Group) 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 - - - 3.99 4.10

Q Technology (Group) Co 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 - - 3.99 - 4.10

Competitive Comparison of Q Technology (Group) Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Q Technology (Group) 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.


Q Technology (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Q Technology (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Q Technology (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



Q Technology (Group) 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.

Q Technology (Group) Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.46/1.08
=3.20

* 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.

Q Technology (Group) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Q Technology (Group) Co'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)
=-0.35/114.7809*114.7809
=-0.350

Current CPI (Dec23) = 114.7809.

Q Technology (Group) Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.275 99.000 0.319
201512 0.213 100.600 0.243
201612 -0.475 102.600 -0.531
201712 2.350 104.500 2.581
201812 -0.200 106.500 -0.216
201912 2.317 111.200 2.392
202012 3.632 111.500 3.739
202112 1.649 113.108 1.673
202212 0.989 115.116 0.986
202312 -0.350 114.781 -0.350

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.


Q Technology (Group) Co  (HKSE:01478) 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.


Q Technology (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Q Technology (Group) Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Q Technology (Group) Co (HKSE:01478) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Taihong Road, Hi-tech Industry Park, Jiangsu Province, Kunshan, CHN
Q Technology is engaged in the design, research and development, manufacture, and sales of camera modules and fingerprint recognition modules. It is the third-largest supplier in China and mainly supplies domestic firms. Camera modules account for most of the company's revenue and are primarily used in smartphone cameras. Other camera modules are used in drones, virtual and augmented reality headsets, and automobiles. The company also supplies 3D modules, underglass, and capacitive fingerprint recognition modules, mainly used in smartphones. It employed 7,212 employees as of June 30.
Executives
He Ningning 2101 Beneficial owner
Q Technology Investment Inc.

Q Technology (Group) Co (HKSE:01478) Headlines

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