GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OFILM Group Co Ltd (SZSE:002456) » Definitions » Cyclically Adjusted Price-to-FCF

OFILM Group Co (SZSE:002456) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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

What is OFILM Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


OFILM Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for OFILM Group 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.

OFILM Group Co Cyclically Adjusted Price-to-FCF Chart

OFILM Group 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 - - - - -

OFILM Group 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 OFILM Group Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, OFILM Group 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.


OFILM Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



OFILM Group 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.

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

For example, OFILM Group 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)
=-0.134/115.2271*115.2271
=-0.134

Current CPI (Mar. 2024) = 115.2271.

OFILM Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.389 98.200 -0.456
201409 0.025 98.900 0.029
201412 0.056 99.000 0.065
201503 -0.125 99.900 -0.144
201506 -0.191 99.500 -0.221
201509 -0.045 100.500 -0.052
201512 0.132 100.600 0.151
201603 0.127 102.200 0.143
201606 -0.405 101.400 -0.460
201609 -0.317 102.400 -0.357
201612 -0.155 102.600 -0.174
201703 -0.418 103.200 -0.467
201706 -0.451 103.100 -0.504
201709 -0.282 104.100 -0.312
201712 0.115 104.500 0.127
201803 -0.855 105.300 -0.936
201806 -0.355 104.900 -0.390
201809 -0.662 106.600 -0.716
201812 -0.372 106.500 -0.402
201903 -0.205 107.700 -0.219
201906 0.218 107.700 0.233
201909 0.548 109.800 0.575
201912 -0.079 111.200 -0.082
202003 0.029 112.300 0.030
202006 0.190 110.400 0.198
202009 0.162 111.700 0.167
202012 0.527 111.500 0.545
202103 0.414 112.662 0.423
202106 0.307 111.769 0.316
202109 -0.457 112.215 -0.469
202112 0.158 113.108 0.161
202203 -0.070 114.335 -0.071
202206 0.058 114.558 0.058
202209 0.151 115.339 0.151
202212 0.204 115.116 0.204
202303 -0.027 115.116 -0.027
202306 -0.048 114.558 -0.048
202309 -0.086 115.339 -0.086
202312 -0.084 114.781 -0.084
202403 -0.134 115.227 -0.134

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.


OFILM Group Co  (SZSE:002456) 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.


OFILM Group Co Cyclically Adjusted Price-to-FCF Related Terms

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


OFILM Group Co (SZSE:002456) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Huafa Road, Songbai Road, Gongming Street, Oufeiguang Science and Technology Park, Guangming New District, Guangdong, Baoan District, Shenzhen, CHN, 518107
OFILM Group Co Ltd manufactures precision optics and optoelectronics films. The company's products include a touch panel module, a fingerprint recognition module, and electronic products of the intelligent vehicle among others. Its products are used in the smartphone, tablet PC, smart car, and wearable electronics. The firm has branches in China, the United States, Japan, South Korea, and Europe.
Executives
Li Yun Supervisors
Liu Xiao Chen Directors, executives
Li Ying Ping Executives
Ye Qing Biao Executives
Hai Jiang Directors, executives
Huang Li Hui Directors, executives
Luo Yong Hui Supervisors
Yin Yun Yun Executives
Zhou Liang Directors, executives
Tan Zhen Lin Executives
Yao Fei Executives
Ceng Zhao Hao Executives
Cai Xue Peng Directors, executives
Lin Hong Ping Supervisors
Shen Cheng Zhe Executives

OFILM Group Co (SZSE:002456) Headlines

No Headlines