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EGing Photovoltaic Technology Co (SHSE:600537) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is EGing Photovoltaic Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


EGing Photovoltaic Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for EGing Photovoltaic Technology 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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EGing Photovoltaic Technology Co Cyclically Adjusted Price-to-FCF Chart

EGing Photovoltaic Technology 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 - - - 224.56 -

EGing Photovoltaic Technology 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 458.74 - - - -

Competitive Comparison of EGing Photovoltaic Technology Co's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, EGing Photovoltaic Technology 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.


EGing Photovoltaic Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, EGing Photovoltaic Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where EGing Photovoltaic Technology Co's Cyclically Adjusted Price-to-FCF falls into.



EGing Photovoltaic Technology 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.

EGing Photovoltaic Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, EGing Photovoltaic Technology 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)
=-0.271/115.2271*115.2271
=-0.271

Current CPI (Mar. 2024) = 115.2271.

EGing Photovoltaic Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.065 98.200 -0.076
201409 -0.368 98.900 -0.429
201412 0.317 99.000 0.369
201503 -0.275 99.900 -0.317
201506 -0.201 99.500 -0.233
201509 0.379 100.500 0.435
201512 0.265 100.600 0.304
201603 0.012 102.200 0.014
201606 0.342 101.400 0.389
201609 -0.218 102.400 -0.245
201612 0.040 102.600 0.045
201703 -0.390 103.200 -0.435
201706 -0.059 103.100 -0.066
201709 -0.100 104.100 -0.111
201712 0.449 104.500 0.495
201803 -0.150 105.300 -0.164
201806 -0.042 104.900 -0.046
201809 0.328 106.600 0.355
201812 0.088 106.500 0.095
201903 -0.248 107.700 -0.265
201906 -0.235 107.700 -0.251
201909 0.237 109.800 0.249
201912 0.175 111.200 0.181
202003 -0.043 112.300 -0.044
202006 -0.087 110.400 -0.091
202009 0.033 111.700 0.034
202012 0.041 111.500 0.042
202103 -0.668 112.662 -0.683
202106 -0.243 111.769 -0.251
202109 -0.130 112.215 -0.133
202112 0.320 113.108 0.326
202203 -0.389 114.335 -0.392
202206 -0.016 114.558 -0.016
202209 -0.183 115.339 -0.183
202212 0.572 115.116 0.573
202303 -0.029 115.116 -0.029
202306 -0.220 114.558 -0.221
202309 -0.040 115.339 -0.040
202312 -0.304 114.781 -0.305
202403 -0.271 115.227 -0.271

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.


EGing Photovoltaic Technology Co  (SHSE:600537) 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.


EGing Photovoltaic Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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EGing Photovoltaic Technology Co (SHSE:600537) Business Description

Traded in Other Exchanges
N/A
Address
No.18 Jinwu Road, Jiangsu Province, Jintan, CHN, 315300
EGing Photovoltaic Technology Co Ltd is a China based solar module manufacturer. The company is engaged in researching, developing, manufacturing and selling photo-voltaic products. Its solar module offerings includes mono series, poly series, and glass solar module.
Executives
Fu Xiao Jun senior management
Xun Jian Hua Director
Xun Jian Ping Director
Yao Zhi Zhong Director
Chen Long Hai Director
Mao Pei Cheng Director
Zhou Le Qun Director
Luo Zhen Jiang Director

EGing Photovoltaic Technology Co (SHSE:600537) Headlines

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