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China National Software & Service Co (SHSE:600536) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is China National Software & Service Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China National Software & Service Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China National Software & Service 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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China National Software & Service Co Cyclically Adjusted Price-to-FCF Chart

China National Software & Service 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 998.94 415.53 147.07 467.48 1,248.27

China National Software & Service Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 1,248.27 -

Competitive Comparison of China National Software & Service Co's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, China National Software & Service 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.


China National Software & Service Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, China National Software & Service Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China National Software & Service Co's Cyclically Adjusted Price-to-FCF falls into.



China National Software & Service 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.

China National Software & Service Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China National Software & Service 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)
=-1.033/115.2271*115.2271
=-1.033

Current CPI (Mar. 2024) = 115.2271.

China National Software & Service Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.008 98.200 -0.009
201409 -0.045 98.900 -0.052
201412 0.729 99.000 0.848
201503 -0.296 99.900 -0.341
201506 -0.291 99.500 -0.337
201509 -0.036 100.500 -0.041
201512 1.081 100.600 1.238
201603 -0.726 102.200 -0.819
201606 -0.251 101.400 -0.285
201609 -0.265 102.400 -0.298
201612 1.026 102.600 1.152
201703 -1.127 103.200 -1.258
201706 0.219 103.100 0.245
201709 -0.057 104.100 -0.063
201712 0.852 104.500 0.939
201803 -0.710 105.300 -0.777
201806 -0.087 104.900 -0.096
201809 0.118 106.600 0.128
201812 0.789 106.500 0.854
201903 -0.559 107.700 -0.598
201906 -0.139 107.700 -0.149
201909 -0.041 109.800 -0.043
201912 2.107 111.200 2.183
202003 -1.211 112.300 -1.243
202006 -0.425 110.400 -0.444
202009 0.212 111.700 0.219
202012 1.627 111.500 1.681
202103 -1.675 112.662 -1.713
202106 -0.974 111.769 -1.004
202109 0.114 112.215 0.117
202112 3.703 113.108 3.772
202203 -3.048 114.335 -3.072
202206 -0.780 114.558 -0.785
202209 0.308 115.339 0.308
202212 1.910 115.116 1.912
202303 -1.855 115.116 -1.857
202306 -0.550 114.558 -0.553
202309 0.234 115.339 0.234
202312 0.872 114.781 0.875
202403 -1.033 115.227 -1.033

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.


China National Software & Service Co  (SHSE:600536) 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.


China National Software & Service Co Cyclically Adjusted Price-to-FCF Related Terms

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China National Software & Service Co (SHSE:600536) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Chang Sheng Road, Changping District, Beijing, CHN, 102200
China National Software & Service Co Ltd is a software company to specialize in providing high-quality firmware, enterprise information systems software and a broad portfolio of other IT and software development services.
Executives
Yang Chun Ping senior management
Chen Fu Xing senior management
He Wen Zhe senior management
Fu Xing Bin Directors, senior managers
Du Qian senior management
Han Guang senior management
Wu Jing senior management
Zhou Jin Jun Director
Shang Ming senior management
Cheng Chun Ping Director
Cui Hui Director

China National Software & Service Co (SHSE:600536) Headlines

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