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IT Tech Packaging (IT Tech Packaging) Cyclically Adjusted Price-to-FCF : (As of May. 14, 2024)


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What is IT Tech Packaging Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


IT Tech Packaging Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for IT Tech Packaging'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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IT Tech Packaging Cyclically Adjusted Price-to-FCF Chart

IT Tech Packaging 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 - - - - 77.58

IT Tech Packaging Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - 77.58

Competitive Comparison of IT Tech Packaging's Cyclically Adjusted Price-to-FCF

For the Paper & Paper Products subindustry, IT Tech Packaging'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.


IT Tech Packaging's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, IT Tech Packaging's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where IT Tech Packaging's Cyclically Adjusted Price-to-FCF falls into.



IT Tech Packaging 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.

IT Tech Packaging's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, IT Tech Packaging'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)
=-0.765/114.6694*114.6694
=-0.765

Current CPI (Dec. 2023) = 114.6694.

IT Tech Packaging Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.593 98.600 3.016
201406 1.394 98.200 1.628
201409 1.344 98.900 1.558
201412 -8.311 99.000 -9.626
201503 -2.287 99.900 -2.625
201506 2.527 99.500 2.912
201509 -0.556 100.500 -0.634
201512 1.239 100.600 1.412
201603 -0.429 102.200 -0.481
201606 -0.942 101.400 -1.065
201609 1.796 102.400 2.011
201612 1.294 102.600 1.446
201703 -1.816 103.200 -2.018
201706 0.809 103.100 0.900
201709 5.303 104.100 5.841
201712 -0.206 104.500 -0.226
201803 -2.594 105.300 -2.825
201806 2.554 104.900 2.792
201809 0.039 106.600 0.042
201812 3.153 106.500 3.395
201903 -2.029 107.700 -2.160
201906 0.083 107.700 0.088
201909 1.800 109.800 1.880
201912 0.649 111.200 0.669
202003 2.768 112.300 2.826
202006 -0.503 110.400 -0.522
202009 -2.188 111.700 -2.246
202012 -1.467 111.500 -1.509
202103 -2.302 112.662 -2.343
202106 -1.590 111.769 -1.631
202109 -0.642 112.215 -0.656
202112 -0.836 113.108 -0.848
202203 -0.279 114.335 -0.280
202206 -0.062 114.558 -0.062
202209 0.262 115.339 0.260
202212 0.058 115.116 0.058
202303 0.449 115.116 0.447
202306 -0.431 114.558 -0.431
202309 -0.189 115.339 -0.188
202312 -0.765 114.669 -0.765

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.


IT Tech Packaging  (AMEX:ITP) 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.


IT Tech Packaging Cyclically Adjusted Price-to-FCF Related Terms

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


IT Tech Packaging (IT Tech Packaging) Business Description

Traded in Other Exchanges
N/A
Address
Science Park, Juli Road, Xushui District, Hebei Province, Baoding City, CHN, 072550
IT Tech Packaging Inc is a holding company engaged in the business of paper manufacturing in China. The company operates as a producer and distributor of paper products. It involves in production and distribution of three categories of paper products: packing paper (corrugating medium paper), offset printing paper, and tissue paper products. It also produces digital photo paper. Its business is structured into two segments Dongfang Paper and Tengsheng Paper which produces offset printing paper and corrugating medium paper, tissue paper and Baoding Shengde which produces face masks and digital photo paper.
Executives
Zhenyong Liu director, 10 percent owner, officer: Chief Executive Officer C/O ORIENT PAPER, INC., SCIENCE PARK, JULI ROAD, XIUSHUI COUNTY, BAODING CITY,HEBEI PROVINCE F4 072550
Jing Hao officer: Chief Financial Officer SCIENCE PARK, XUSHUI TOWN, BOADING CITY, HEBEI PROVINCE F4 072550
Hon Wai Ku director SUITE 815, 8TH FLOOR, OCEAN CENTRE, HARBOUR CITY, 5 CANTON ROAD, KOWLOON,, HONG KONG F4 0000
Wenbing Wang director 21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020
Winston C Yen officer: Chief Financial Officer 345 S. FIGUEROA STREET, #100, LOS ANGELES CA 90071
Drew Bernstein director C/O BERSTEIN & PINCHUK LLP, SEVEN PENN PLAZA SUITE 830, NEW YORK NY 10001
Zhaofang Wang director ROOM 401, UNIT 4, 20TH FLOOR FANGYUANLI, CHAOYANG DISTRICT, BEIJING F4 100061
Fuzeng Liu director SCIENCE PARK, XUSHUI TOWN, BOADING CITY, HEBEI F4 072550
Xiaodong Liu director SCIENCE PARK, XUSHUI TOWN, BOADING CITY, HEBEI F4 072550
Chen Li director SCIENCE PARK, XUSHUI TOWN, BOADING CITY, HEBEI F4 072550
Dahong Zhou officer: Secretary SCIENCE PARK, XUSHUI TOWN, BOADING CITY, HEBEI F4 072550
Max Time Enterprise Ltd 10 percent owner PO BOX 031-088, SHENNAN ZHONG ROAD, SHENZHEN CITY F4 518031
Hui Ping Cheng director, 10 percent owner, officer: President C/O MY QUOTE ZONE, 6130 ELTON AVENUE, LAS VEGAS NV 89107