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Huagong Tech Co (SZSE:000988) Cyclically Adjusted Price-to-FCF : 230.46 (As of Jun. 01, 2024)


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What is Huagong Tech Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Huagong Tech Co's current share price is ¥29.96. Huagong Tech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.13. Huagong Tech Co's Cyclically Adjusted Price-to-FCF for today is 230.46.

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

SZSE:000988' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 192.31   Med: 623.3   Max: 2368
Current: 235.32

During the past years, Huagong Tech Co's highest Cyclically Adjusted Price-to-FCF was 2368.00. The lowest was 192.31. And the median was 623.30.

SZSE:000988's Cyclically Adjusted Price-to-FCF is ranked worse than
91.51% of 1037 companies
in the Industrial Products industry
Industry Median: 33.08 vs SZSE:000988: 235.32

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.

Huagong Tech Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.240. 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 ¥0.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huagong Tech Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Huagong Tech 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.

Huagong Tech Co Cyclically Adjusted Price-to-FCF Chart

Huagong Tech 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 - - - 1,382.71 221.99

Huagong Tech 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 726.54 701.91 406.17 221.99 263.11

Competitive Comparison of Huagong Tech Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Huagong Tech 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.


Huagong Tech Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Huagong Tech Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Huagong Tech 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.

Huagong Tech Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.96/0.13
=230.46

* 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.

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

For example, Huagong Tech 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)
=-0.24/115.2271*115.2271
=-0.240

Current CPI (Mar. 2024) = 115.2271.

Huagong Tech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.101 98.200 0.119
201409 0.043 98.900 0.050
201412 0.101 99.000 0.118
201503 -0.200 99.900 -0.231
201506 0.059 99.500 0.068
201509 0.073 100.500 0.084
201512 0.106 100.600 0.121
201603 -0.103 102.200 -0.116
201606 0.068 101.400 0.077
201609 0.017 102.400 0.019
201612 0.218 102.600 0.245
201703 -0.433 103.200 -0.483
201706 0.059 103.100 0.066
201709 0.174 104.100 0.193
201712 0.167 104.500 0.184
201803 -0.443 105.300 -0.485
201806 0.016 104.900 0.018
201809 0.129 106.600 0.139
201812 0.101 106.500 0.109
201903 -0.163 107.700 -0.174
201906 -0.063 107.700 -0.067
201909 0.110 109.800 0.115
201912 0.149 111.200 0.154
202003 -0.090 112.300 -0.092
202006 -0.288 110.400 -0.301
202009 0.113 111.700 0.117
202012 0.384 111.500 0.397
202103 -0.270 112.662 -0.276
202106 -0.064 111.769 -0.066
202109 -0.093 112.215 -0.095
202112 0.163 113.108 0.166
202203 -0.185 114.335 -0.186
202206 -0.113 114.558 -0.114
202209 -0.003 115.339 -0.003
202212 0.578 115.116 0.579
202303 0.157 115.116 0.157
202306 0.061 114.558 0.061
202309 0.279 115.339 0.279
202312 0.578 114.781 0.580
202403 -0.240 115.227 -0.240

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.


Huagong Tech Co  (SZSE:000988) 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.


Huagong Tech Co Cyclically Adjusted Price-to-FCF Related Terms

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Huagong Tech Co (SZSE:000988) Business Description

Traded in Other Exchanges
N/A
Address
Huazhong University of Science and Technology University, Huagong Technology Headquarters Building, Wuhan East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430223
Huagong Tech Co Ltd is a China-based company principally engaged in the business of laser equipment manufacturing, optical communications and laser holographic anti-counterfeiting of sensitive products and components. The company's products are widely used in machinery manufacturing, aerospace, automobile industry, and iron and steel metallurgy and other industries. In addition, the company also offers solutions such as energy industry laser processing solutions, aerospace applications solutions, 3C industry laser processing solutions, automotive industry application solutions, certification industry anti-counterfeiting solutions, intelligent manufacturing service platform and cloud computing centre.
Executives
Xiong Wen Directors, executives
Zhang Qin Executives
Liu Han Shu Directors, Directors, and Executives
Ma Xin Qiang Directors, executives
Chen Sen Hua Supervisors
An Xin Securities Affairs Representative
Min Da Yong Directors, executives
Nie Bo Executives
Yang Xiao Executives
Yang Xing Guo Executives
Deng Jia Ke Executives
Cai Xue En Independent director
Zhu Song Qing Director
Lv Wei Ping Independent director
Wang Xiao Bei Supervisors

Huagong Tech Co (SZSE:000988) Headlines

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