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Edifier Technology Co (SZSE:002351) Cyclically Adjusted Price-to-FCF : 98.00 (As of May. 29, 2024)


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What is Edifier Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), Edifier Technology Co's current share price is ¥12.74. Edifier Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.13. Edifier Technology Co's Cyclically Adjusted Price-to-FCF for today is 98.00.

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

SZSE:002351' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.08   Med: 94.96   Max: 226.9
Current: 95.85

During the past years, Edifier Technology Co's highest Cyclically Adjusted Price-to-FCF was 226.90. The lowest was 26.08. And the median was 94.96.

SZSE:002351's Cyclically Adjusted Price-to-FCF is ranked worse than
82.32% of 950 companies
in the Hardware industry
Industry Median: 30.96 vs SZSE:002351: 95.85

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.

Edifier Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.101. 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


Edifier Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Edifier Technology 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.

Edifier Technology Co Cyclically Adjusted Price-to-FCF Chart

Edifier Technology 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 132.28 106.44 88.42 62.75 146.32

Edifier Technology 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 141.86 163.29 147.39 146.32 96.83

Competitive Comparison of Edifier Technology Co's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Edifier Technology 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.


Edifier Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Edifier Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Edifier Technology 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.

Edifier Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.74/0.13
=98.00

* 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.

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

For example, Edifier Technology 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)
=0.101/115.2271*115.2271
=0.101

Current CPI (Mar. 2024) = 115.2271.

Edifier Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.018 98.200 0.021
201409 0.029 98.900 0.034
201412 -0.005 99.000 -0.006
201503 -0.022 99.900 -0.025
201506 0.011 99.500 0.013
201509 -0.028 100.500 -0.032
201512 0.001 100.600 0.001
201603 -0.056 102.200 -0.063
201606 0.003 101.400 0.003
201609 -0.034 102.400 -0.038
201612 -0.055 102.600 -0.062
201703 0.010 103.200 0.011
201706 -0.025 103.100 -0.028
201709 -0.013 104.100 -0.014
201712 -0.068 104.500 -0.075
201803 -0.052 105.300 -0.057
201806 0.044 104.900 0.048
201809 -0.060 106.600 -0.065
201812 0.075 106.500 0.081
201903 0.029 107.700 0.031
201906 -0.041 107.700 -0.044
201909 0.025 109.800 0.026
201912 -0.026 111.200 -0.027
202003 -0.092 112.300 -0.094
202006 -0.023 110.400 -0.024
202009 0.320 111.700 0.330
202012 0.043 111.500 0.044
202103 -0.119 112.662 -0.122
202106 -0.055 111.769 -0.057
202109 0.155 112.215 0.159
202112 0.258 113.108 0.263
202203 0.009 114.335 0.009
202206 -0.044 114.558 -0.044
202209 0.285 115.339 0.285
202212 0.180 115.116 0.180
202303 -0.057 115.116 -0.057
202306 0.280 114.558 0.282
202309 0.221 115.339 0.221
202312 0.115 114.781 0.115
202403 0.101 115.227 0.101

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.


Edifier Technology Co  (SZSE:002351) 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.


Edifier Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Edifier Technology Co (SZSE:002351) Business Description

Traded in Other Exchanges
N/A
Address
No.9998 Shennan Road, Unit 9, 22nd Floor, Wanlida Technology Building, Science and Technology Park, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Edifier Technology Co Ltd, a Chinese company, is principally engaged in the research and development of audio technology and its product applications. The company's core business products are professional multimedia audio and home audio equipment. It offers headphones, bookshelf speakers, computer speakers, TV and Home theater, sound bar, and other products. It sells its products in China and other countries.
Executives
Xiao Min Directors, executives
Zhang Wen Dong Directors, executives
Zhang Wen Sheng Directors, executives
Wang Xiao Hong Director
Wang Hong Rong Executives
Wen Yu Executives
Deng Long Mu Executives
Wang Jiu Jun Supervisors
Fan Gang Juan Supervisors
Director
Kong Yu Quan Independent director
Xu Bin Director
Wang Jiu Kui Supervisors

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