GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tungkong Inc (SZSE:002117) » Definitions » Cyclically Adjusted Price-to-FCF

Tungkong (SZSE:002117) Cyclically Adjusted Price-to-FCF : 19.28 (As of Jun. 09, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tungkong Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Tungkong's current share price is ¥6.94. Tungkong's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.36. Tungkong's Cyclically Adjusted Price-to-FCF for today is 19.28.

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

SZSE:002117' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.67   Med: 56.17   Max: 3130
Current: 19.17

During the past years, Tungkong's highest Cyclically Adjusted Price-to-FCF was 3130.00. The lowest was 17.67. And the median was 56.17.

SZSE:002117's Cyclically Adjusted Price-to-FCF is ranked worse than
55.98% of 368 companies
in the Business Services industry
Industry Median: 18.145 vs SZSE:002117: 19.17

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.

Tungkong's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.135. 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 ¥0.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tungkong Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tungkong'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.

Tungkong Cyclically Adjusted Price-to-FCF Chart

Tungkong 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 47.51 24.97 22.67 20.69 23.85

Tungkong 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 27.44 30.24 25.51 23.85 23.34

Competitive Comparison of Tungkong's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Tungkong'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.


Tungkong's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tungkong's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tungkong 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.

Tungkong's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.94/0.36
=19.28

* 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.

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

For example, Tungkong'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)
=-0.135/115.2271*115.2271
=-0.135

Current CPI (Mar. 2024) = 115.2271.

Tungkong Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.019 98.200 -0.022
201409 0.184 98.900 0.214
201412 0.356 99.000 0.414
201503 -0.214 99.900 -0.247
201506 0.007 99.500 0.008
201509 -0.055 100.500 -0.063
201512 0.545 100.600 0.624
201603 -0.317 102.200 -0.357
201606 0.126 101.400 0.143
201609 0.020 102.400 0.023
201612 0.404 102.600 0.454
201703 -0.325 103.200 -0.363
201706 0.088 103.100 0.098
201709 0.199 104.100 0.220
201712 0.343 104.500 0.378
201803 -0.394 105.300 -0.431
201806 0.131 104.900 0.144
201809 0.050 106.600 0.054
201812 0.554 106.500 0.599
201903 -0.299 107.700 -0.320
201906 0.090 107.700 0.096
201909 0.106 109.800 0.111
201912 0.714 111.200 0.740
202003 -0.337 112.300 -0.346
202006 0.022 110.400 0.023
202009 0.227 111.700 0.234
202012 0.506 111.500 0.523
202103 -0.211 112.662 -0.216
202106 0.041 111.769 0.042
202109 0.065 112.215 0.067
202112 0.372 113.108 0.379
202203 -0.226 114.335 -0.228
202206 -0.043 114.558 -0.043
202209 0.066 115.339 0.066
202212 0.416 115.116 0.416
202303 -0.235 115.116 -0.235
202306 0.038 114.558 0.038
202309 0.054 115.339 0.054
202312 0.461 114.781 0.463
202403 -0.135 115.227 -0.135

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.


Tungkong  (SZSE:002117) 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.


Tungkong Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Tungkong's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Tungkong (SZSE:002117) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.23, Shanda Northern Road, Jinan, Shandong, CHN, 250100
Tungkong Inc is a China-based company engages in the manufactures and sale of business papers, commercial printing, and other papers products. The company's business scope covers ticket and security printing, label printing, data processing, smart card converting. Its products include Card, Data Service, among others.
Executives
Qi Li Guo Directors, executives
Zhang Li Supervisors
Zheng Li Executives
Liu Hong Executives
Wang Xiao Yan Supervisors
Ruan Yong Cheng Securities Affairs Representative
Zhu Zhen Executives
Li Bao Zheng Supervisors
Zheng Gang Independent director
Zhou Ping Director
Gu Wang Jiang Director
Shi Lin Director

Tungkong (SZSE:002117) Headlines

No Headlines