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Opple Lighting Co (SHSE:603515) Cyclically Adjusted Price-to-FCF : 23.08 (As of May. 28, 2024)


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What is Opple Lighting Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Opple Lighting Co's current share price is ¥20.08. Opple Lighting Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.87. Opple Lighting Co's Cyclically Adjusted Price-to-FCF for today is 23.08.

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

SHSE:603515' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.85   Med: 20.24   Max: 23.44
Current: 22.8

During the past years, Opple Lighting Co's highest Cyclically Adjusted Price-to-FCF was 23.44. The lowest was 17.85. And the median was 20.24.

SHSE:603515's Cyclically Adjusted Price-to-FCF is ranked worse than
56.04% of 182 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.205 vs SHSE:603515: 22.80

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.

Opple Lighting Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.306. 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 ¥0.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Opple Lighting Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Opple Lighting 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.

* Premium members only.

Opple Lighting Co Cyclically Adjusted Price-to-FCF Chart

Opple Lighting Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Opple Lighting 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 - - - - 18.54

Competitive Comparison of Opple Lighting Co's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Opple Lighting 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.


Opple Lighting Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opple Lighting Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Opple Lighting 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.

Opple Lighting Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.08/0.87
=23.08

* 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.

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

For example, Opple Lighting 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)
=-0.306/115.2271*115.2271
=-0.306

Current CPI (Mar. 2024) = 115.2271.

Opple Lighting Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 -0.406 99.900 -0.468
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 -0.018 102.200 -0.020
201606 0.440 101.400 0.500
201609 0.430 102.400 0.484
201612 0.633 102.600 0.711
201703 -0.314 103.200 -0.351
201706 0.493 103.100 0.551
201709 0.218 104.100 0.241
201712 0.628 104.500 0.692
201803 -0.329 105.300 -0.360
201806 0.297 104.900 0.326
201809 0.104 106.600 0.112
201812 0.523 106.500 0.566
201903 -0.435 107.700 -0.465
201906 0.609 107.700 0.652
201909 0.203 109.800 0.213
201912 0.898 111.200 0.931
202003 -1.298 112.300 -1.332
202006 1.031 110.400 1.076
202009 0.310 111.700 0.320
202012 0.831 111.500 0.859
202103 -1.163 112.662 -1.189
202106 0.631 111.769 0.651
202109 0.179 112.215 0.184
202112 0.914 113.108 0.931
202203 -1.283 114.335 -1.293
202206 0.729 114.558 0.733
202209 0.113 115.339 0.113
202212 0.521 115.116 0.522
202303 0.206 115.116 0.206
202306 0.472 114.558 0.475
202309 0.400 115.339 0.400
202312 0.729 114.781 0.732
202403 -0.306 115.227 -0.306

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.


Opple Lighting Co  (SHSE:603515) 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.


Opple Lighting Co Cyclically Adjusted Price-to-FCF Related Terms

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Opple Lighting Co (SHSE:603515) Business Description

Traded in Other Exchanges
N/A
Address
The MIXC, Lane 1799, Wuzhong Road, Building 3, Minhang District, Shanghai, CHN, 201103
Opple Lighting Co Ltd is a China-based integrated lighting manufacturing company. It offers electrical appliances to large-scale commercial lighting solutions. The products of the company are LED light source, LED home luminaires and LED professional luminaires. Its other products range from lamps and ceiling fixtures to electrical appliances.
Executives
Wang Yao Hai Director
Zhang Xue Juan senior management
Huang Di Director
Ma Zhi Wei Director
Ma Xiu Hui Directors, senior managers
Gao Zhan Director
Ni Guo Long Director
Han Yi Quan senior management
Qi Xiao Ming Director
Ding Long Director
Hong Wei Ying Supervisors
Wang Guo Xiao Supervisors
Chen Jing Hua Director

Opple Lighting Co (SHSE:603515) Headlines

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