GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kingsoft Corp Ltd (OTCPK:KSFTF) » Definitions » Cyclically Adjusted Price-to-FCF

Kingsoft (Kingsoft) Cyclically Adjusted Price-to-FCF : 12.31 (As of Jun. 07, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Kingsoft Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Kingsoft's current share price is $3.20. Kingsoft's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.26. Kingsoft's Cyclically Adjusted Price-to-FCF for today is 12.31.

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

KSFTF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.52   Med: 21   Max: 59.53
Current: 15

During the past years, Kingsoft's highest Cyclically Adjusted Price-to-FCF was 59.53. The lowest was 11.52. And the median was 21.00.

KSFTF's Cyclically Adjusted Price-to-FCF is ranked better than
62.5% of 136 companies
in the Interactive Media industry
Industry Median: 22.125 vs KSFTF: 15.00

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.

Kingsoft's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.187. 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 $0.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingsoft Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kingsoft'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.

Kingsoft Cyclically Adjusted Price-to-FCF Chart

Kingsoft 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 17.22 38.76 24.52 17.41 14.46

Kingsoft Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 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 17.41 25.93 19.27 18.26 14.46

Competitive Comparison of Kingsoft's Cyclically Adjusted Price-to-FCF

For the Electronic Gaming & Multimedia subindustry, Kingsoft'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.


Kingsoft's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kingsoft's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kingsoft 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.20/0.26
=12.31

* 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.

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

For example, Kingsoft'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)
=0.187/114.7809*114.7809
=0.187

Current CPI (Dec. 2023) = 114.7809.

Kingsoft Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.000 97.332 0.000
201312 0.054 97.624 0.063
201403 0.010 98.600 0.012
201406 0.033 98.200 0.039
201409 0.013 98.900 0.015
201412 0.068 99.000 0.079
201503 0.002 99.900 0.002
201506 0.036 99.500 0.042
201509 0.028 100.500 0.032
201512 0.106 100.600 0.121
201603 0.011 102.200 0.012
201606 0.041 101.400 0.046
201609 0.022 102.400 0.025
201612 0.084 102.600 0.094
201703 0.067 103.200 0.075
201706 0.056 103.100 0.062
201709 0.072 104.100 0.079
201712 0.017 104.500 0.019
201803 0.012 105.300 0.013
201806 0.028 104.900 0.031
201809 0.001 106.600 0.001
201812 0.041 106.500 0.044
201903 -0.005 107.700 -0.005
201906 0.031 107.700 0.033
201909 0.010 109.800 0.010
201912 0.046 111.200 0.047
202006 0.000 110.400 0.000
202009 0.071 111.700 0.073
202012 0.113 111.500 0.116
202106 0.061 111.769 0.063
202109 0.055 112.215 0.056
202112 0.099 113.108 0.100
202203 0.018 114.335 0.018
202206 0.092 114.558 0.092
202209 0.030 115.339 0.030
202212 0.130 115.116 0.130
202303 0.038 115.116 0.038
202306 0.190 114.558 0.190
202309 -0.053 115.339 -0.053
202312 0.187 114.781 0.187

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.


Kingsoft  (OTCPK:KSFTF) 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.


Kingsoft Cyclically Adjusted Price-to-FCF Related Terms

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


Kingsoft (Kingsoft) Business Description

Traded in Other Exchanges
Address
No. 33 Xierqi Middle Road, Xiaomi Campus, Building D, Haidian District, Beijing, CHN, 100085
Kingsoft Corp Ltd is a Chinese software and Internet services company. The company's operating segment includes entertainment software and others and office software and services. It generates maximum revenue from the entertainment software and others segment. The entertainment software and others segment is engaged in the research and development of games, and the provision of online games, mobile games and casual game services. Geographically, it derives a majority of revenue from Mainland China.

Kingsoft (Kingsoft) Headlines

From GuruFocus

Matthews China Fund Comments on Kingsoft

By Sydnee Gatewood Sydnee Gatewood 01-25-2021

Kingsoft Announces 2023 Third Quarter Results

By ACN Newswire 11-21-2023

Kingsoft Announces 2022 Annual and Fourth Quarter Results

By ACN Newswire ACN Newswire 03-23-2023

Matthews China Fund's Top 4 New Buys of the 4th Quarter

By James Li James Li 02-10-2021