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Shenzhen Topway Video Communication Co (SZSE:002238) Cyclically Adjusted Price-to-FCF : 35.91 (As of Jun. 07, 2024)


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What is Shenzhen Topway Video Communication Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Shenzhen Topway Video Communication Co's current share price is ¥8.26. Shenzhen Topway Video Communication Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.23. Shenzhen Topway Video Communication Co's Cyclically Adjusted Price-to-FCF for today is 35.91.

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

SZSE:002238' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.27   Med: 24.89   Max: 57.52
Current: 38.83

During the past years, Shenzhen Topway Video Communication Co's highest Cyclically Adjusted Price-to-FCF was 57.52. The lowest was 15.27. And the median was 24.89.

SZSE:002238's Cyclically Adjusted Price-to-FCF is ranked worse than
77.6% of 366 companies
in the Media - Diversified industry
Industry Median: 16.135 vs SZSE:002238: 38.83

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.

Shenzhen Topway Video Communication Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.050. 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 ¥0.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Topway Video Communication Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenzhen Topway Video Communication 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.

Shenzhen Topway Video Communication Co Cyclically Adjusted Price-to-FCF Chart

Shenzhen Topway Video Communication 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 23.07 25.55 19.75 22.15 63.99

Shenzhen Topway Video Communication 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 28.37 25.01 24.02 63.99 49.15

Competitive Comparison of Shenzhen Topway Video Communication Co's Cyclically Adjusted Price-to-FCF

For the Broadcasting subindustry, Shenzhen Topway Video Communication 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.


Shenzhen Topway Video Communication Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shenzhen Topway Video Communication Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shenzhen Topway Video Communication Co's Cyclically Adjusted Price-to-FCF falls into.



Shenzhen Topway Video Communication 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.

Shenzhen Topway Video Communication Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.26/0.23
=35.91

* 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.

Shenzhen Topway Video Communication Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shenzhen Topway Video Communication 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)
=-0.05/115.2271*115.2271
=-0.050

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Topway Video Communication Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.119 98.200 0.140
201409 0.113 98.900 0.132
201412 0.165 99.000 0.192
201503 0.086 99.900 0.099
201506 0.142 99.500 0.164
201509 0.105 100.500 0.120
201512 0.151 100.600 0.173
201603 0.022 102.200 0.025
201606 0.095 101.400 0.108
201609 0.048 102.400 0.054
201612 0.057 102.600 0.064
201703 -0.020 103.200 -0.022
201706 -0.002 103.100 -0.002
201709 0.111 104.100 0.123
201712 0.079 104.500 0.087
201803 -0.005 105.300 -0.005
201806 0.033 104.900 0.036
201809 0.005 106.600 0.005
201812 0.144 106.500 0.156
201903 -0.002 107.700 -0.002
201906 0.037 107.700 0.040
201909 0.036 109.800 0.038
201912 0.178 111.200 0.184
202003 -0.042 112.300 -0.043
202006 0.105 110.400 0.110
202009 0.104 111.700 0.107
202012 0.159 111.500 0.164
202103 -0.090 112.662 -0.092
202106 0.135 111.769 0.139
202109 0.044 112.215 0.045
202112 0.123 113.108 0.125
202203 -0.088 114.335 -0.089
202206 0.114 114.558 0.115
202209 0.066 115.339 0.066
202212 -0.079 115.116 -0.079
202303 -0.208 115.116 -0.208
202306 0.079 114.558 0.079
202309 0.001 115.339 0.001
202312 -0.020 114.781 -0.020
202403 -0.050 115.227 -0.050

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.


Shenzhen Topway Video Communication Co  (SZSE:002238) 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.


Shenzhen Topway Video Communication Co Cyclically Adjusted Price-to-FCF Related Terms

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


Shenzhen Topway Video Communication Co (SZSE:002238) Business Description

Traded in Other Exchanges
N/A
Address
No. 6001 Caitian Road, Futian District, Shenzhen, Guangdong, CHN, 518036
Shenzhen Topway Video Communication Co Ltd is engaged in construction, operation, and maintenance of cable TV networks which include providing cable TV viewing services, and TV value-added services. The firm offers different family packages, broadband transfer, new installation, and new account opening.
Executives
Chen Xiao Hua Supervisors
Cai Guo Qiang Director
Lv Jian Jie Directors, executives
Cai Chuan Yi Supervisors
Chen Zhi Cai Executives

Shenzhen Topway Video Communication Co (SZSE:002238) Headlines

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