GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Jiangsu Yoke Technology Co Ltd (SZSE:002409) » Definitions » Cyclically Adjusted Price-to-FCF

Jiangsu Yoke Technology Co (SZSE:002409) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Jiangsu Yoke Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Yoke Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Yoke 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.

Jiangsu Yoke Technology Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Yoke 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 925.12 18,044.59 - - -

Jiangsu Yoke 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 - - - - -

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

For the Semiconductor Equipment & Materials subindustry, Jiangsu Yoke 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.


Jiangsu Yoke Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Jiangsu Yoke 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.

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

For example, Jiangsu Yoke 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)
=-1.468/115.2271*115.2271
=-1.468

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Yoke Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.055 98.200 0.065
201409 -0.046 98.900 -0.054
201412 0.147 99.000 0.171
201503 -0.223 99.900 -0.257
201506 0.201 99.500 0.233
201509 -0.019 100.500 -0.022
201512 0.114 100.600 0.131
201603 -0.015 102.200 -0.017
201606 -0.094 101.400 -0.107
201609 0.135 102.400 0.152
201612 0.046 102.600 0.052
201703 -0.156 103.200 -0.174
201706 0.021 103.100 0.023
201709 0.019 104.100 0.021
201712 -0.085 104.500 -0.094
201803 0.206 105.300 0.225
201806 -0.058 104.900 -0.064
201809 0.002 106.600 0.002
201812 0.367 106.500 0.397
201903 -0.133 107.700 -0.142
201906 0.130 107.700 0.139
201909 0.012 109.800 0.013
201912 0.286 111.200 0.296
202003 0.078 112.300 0.080
202006 -0.035 110.400 -0.037
202009 -0.036 111.700 -0.037
202012 -0.841 111.500 -0.869
202103 -0.090 112.662 -0.092
202106 0.045 111.769 0.046
202109 -0.354 112.215 -0.364
202112 -0.088 113.108 -0.090
202203 -0.266 114.335 -0.268
202206 -0.657 114.558 -0.661
202209 -0.657 115.339 -0.656
202212 -0.063 115.116 -0.063
202303 -0.469 115.116 -0.469
202306 -0.480 114.558 -0.483
202309 -0.878 115.339 -0.877
202312 -0.131 114.781 -0.132
202403 -1.468 115.227 -1.468

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.


Jiangsu Yoke Technology Co  (SZSE:002409) 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.


Jiangsu Yoke Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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


Jiangsu Yoke Technology Co (SZSE:002409) Business Description

Traded in Other Exchanges
N/A
Address
Yixing Economic Development Zone, Jinxi North Road, Yixing City, Jiangsu Province, CHN, 214200
Jiangsu Yoke Technology Co Ltd is a China-based company. It mainly engaged in the research and development of electronic semiconductor materials, cryogenic composite materials, and plastic additives materials. The company develops integrated circuits (wafer manufacturing and packaging), flat panel display (including LCD and OLED) and other electronic manufacturing industry chain.

Jiangsu Yoke Technology Co (SZSE:002409) Headlines

No Headlines