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AVIC Airborne Systems Co (SHSE:600372) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is AVIC Airborne Systems Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


AVIC Airborne Systems Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AVIC Airborne Systems 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.

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AVIC Airborne Systems Co Cyclically Adjusted Price-to-FCF Chart

AVIC Airborne Systems Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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AVIC Airborne Systems Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of AVIC Airborne Systems Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, AVIC Airborne Systems 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.


AVIC Airborne Systems Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AVIC Airborne Systems Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AVIC Airborne Systems Co's Cyclically Adjusted Price-to-FCF falls into.



AVIC Airborne Systems 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.

AVIC Airborne Systems Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AVIC Airborne Systems Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.336/115.2271*115.2271
=-0.336

Current CPI (Mar. 2024) = 115.2271.

AVIC Airborne Systems Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.159 98.200 -0.187
201409 -0.203 98.900 -0.237
201412 0.389 99.000 0.453
201503 -0.301 99.900 -0.347
201506 -0.167 99.500 -0.193
201509 -0.136 100.500 -0.156
201512 0.638 100.600 0.731
201603 -0.333 102.200 -0.375
201606 -0.216 101.400 -0.245
201609 -0.376 102.400 -0.423
201612 0.439 102.600 0.493
201703 -0.295 103.200 -0.329
201706 -0.093 103.100 -0.104
201709 -0.354 104.100 -0.392
201712 0.368 104.500 0.406
201803 -0.198 105.300 -0.217
201806 -0.110 104.900 -0.121
201809 -0.257 106.600 -0.278
201812 0.094 106.500 0.102
201903 -0.184 107.700 -0.197
201906 -0.220 107.700 -0.235
201909 -0.262 109.800 -0.275
201912 0.639 111.200 0.662
202003 -0.292 112.300 -0.300
202006 -0.422 110.400 -0.440
202009 0.044 111.700 0.045
202012 0.750 111.500 0.775
202103 -0.185 112.662 -0.189
202106 0.193 111.769 0.199
202109 -0.055 112.215 -0.056
202112 0.438 113.108 0.446
202203 -0.680 114.335 -0.685
202206 -0.540 114.558 -0.543
202209 -0.651 115.339 -0.650
202212 1.051 115.116 1.052
202303 -0.759 115.116 -0.760
202306 -0.171 114.558 -0.172
202309 -0.334 115.339 -0.334
202312 0.493 114.781 0.495
202403 -0.336 115.227 -0.336

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.


AVIC Airborne Systems Co  (SHSE:600372) 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.


AVIC Airborne Systems Co Cyclically Adjusted Price-to-FCF Related Terms

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AVIC Airborne Systems Co (SHSE:600372) Business Description

Traded in Other Exchanges
N/A
Address
Jinghai 2nd Road, Beijing Economic and Technological Development Zone, Building 8, Yard 29, Beijing, CHN
AVIC Airborne Systems Co Ltd Formerly China Avionics Systems Co Ltd engages in the research and development, production, sale, and services of engine auxiliary machinery systems and equipment for aviation. The company has aviation and armament equipment, military transport aircraft, helicopters, airborne systems and auto parts, general aviation, aviation research, flight testing, aviation supply chain and military trade, asset management, finance, engineering construction, automotive and other industries. The company also provides property leasing, technical, and consultancy services.

AVIC Airborne Systems Co (SHSE:600372) Headlines

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