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Hunan TV & Broadcast Intermediary Co (SZSE:000917) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Hunan TV & Broadcast Intermediary Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hunan TV & Broadcast Intermediary Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hunan TV & Broadcast Intermediary 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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Hunan TV & Broadcast Intermediary Co Cyclically Adjusted Price-to-FCF Chart

Hunan TV & Broadcast Intermediary Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Hunan TV & Broadcast Intermediary 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 Hunan TV & Broadcast Intermediary Co's Cyclically Adjusted Price-to-FCF

For the Advertising Agencies subindustry, Hunan TV & Broadcast Intermediary 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.


Hunan TV & Broadcast Intermediary Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hunan TV & Broadcast Intermediary Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hunan TV & Broadcast Intermediary Co's Cyclically Adjusted Price-to-FCF falls into.



Hunan TV & Broadcast Intermediary 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.

Hunan TV & Broadcast Intermediary Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hunan TV & Broadcast Intermediary 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)
=0.025/115.2271*115.2271
=0.025

Current CPI (Mar. 2024) = 115.2271.

Hunan TV & Broadcast Intermediary Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.173 98.200 -0.203
201409 0.120 98.900 0.140
201412 0.204 99.000 0.237
201503 -0.110 99.900 -0.127
201506 -0.303 99.500 -0.351
201509 -0.045 100.500 -0.052
201512 0.240 100.600 0.275
201603 -0.064 102.200 -0.072
201606 -0.669 101.400 -0.760
201609 -0.179 102.400 -0.201
201612 -0.274 102.600 -0.308
201703 -0.369 103.200 -0.412
201706 -0.271 103.100 -0.303
201709 0.068 104.100 0.075
201712 0.087 104.500 0.096
201803 0.227 105.300 0.248
201806 -0.080 104.900 -0.088
201809 -0.076 106.600 -0.082
201812 -0.021 106.500 -0.023
201903 -0.127 107.700 -0.136
201906 -0.051 107.700 -0.055
201909 0.395 109.800 0.415
201912 0.519 111.200 0.538
202003 -0.032 112.300 -0.033
202006 -0.106 110.400 -0.111
202009 0.166 111.700 0.171
202012 -0.216 111.500 -0.223
202103 0.271 112.662 0.277
202106 -0.206 111.769 -0.212
202109 0.243 112.215 0.250
202112 0.022 113.108 0.022
202203 0.002 114.335 0.002
202206 -0.112 114.558 -0.113
202209 0.053 115.339 0.053
202212 -0.095 115.116 -0.095
202303 0.107 115.116 0.107
202306 0.004 114.558 0.004
202309 -0.022 115.339 -0.022
202312 0.025 114.781 0.025
202403 0.025 115.227 0.025

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.


Hunan TV & Broadcast Intermediary Co  (SZSE:000917) 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.


Hunan TV & Broadcast Intermediary Co Cyclically Adjusted Price-to-FCF Related Terms

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Hunan TV & Broadcast Intermediary Co (SZSE:000917) Business Description

Traded in Other Exchanges
N/A
Address
Golden Eagle Film and Television Cultural Center, Liuyanghe Bridge, East Lake, Changsha, Hunan, CHN, 410003
Hunan TV & Broadcast Intermediary Co Ltd operates in the advertising industry.
Executives
Tang Zhen Yu Secretary Dong
Lu Xiao Ya Executives
Liu Sha Bai Executives
Yin Zhi Ke Directors, executives
Wang Yan Zhong Executives
Yuan Chu Xian Directors, executives
Mao Xiao Ping Directors, executives
Ceng Jie Zhong Directors, executives
Long Qiu Yun Director
Peng Yi Directors, executives
Xiong Yun Kai Supervisors
Liao Chao Hui Directors, executives
Yu Guo Ming Director
Hu Zhi Bin Director
Zhou Jing Dong Directors, executives

Hunan TV & Broadcast Intermediary Co (SZSE:000917) Headlines

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