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Kingnet Network Co (SZSE:002517) Cyclically Adjusted Price-to-FCF : 33.52 (As of Jun. 08, 2024)


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What is Kingnet Network Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Kingnet Network Co's current share price is ¥10.39. Kingnet Network Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.31. Kingnet Network Co's Cyclically Adjusted Price-to-FCF for today is 33.52.

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

SZSE:002517' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.44   Med: 48.53   Max: 90.13
Current: 33.13

During the past years, Kingnet Network Co's highest Cyclically Adjusted Price-to-FCF was 90.13. The lowest was 28.44. And the median was 48.53.

SZSE:002517's Cyclically Adjusted Price-to-FCF is ranked worse than
69.12% of 136 companies
in the Interactive Media industry
Industry Median: 22.08 vs SZSE:002517: 33.13

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.

Kingnet Network Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.134. 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 ¥0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingnet Network Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kingnet Network 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.

Kingnet Network Co Cyclically Adjusted Price-to-FCF Chart

Kingnet Network 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 33.97 61.28 54.30 34.74 38.07

Kingnet Network 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 53.35 64.87 45.62 38.07 35.45

Competitive Comparison of Kingnet Network Co's Cyclically Adjusted Price-to-FCF

For the Electronic Gaming & Multimedia subindustry, Kingnet Network 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.


Kingnet Network Co's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kingnet Network Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kingnet Network 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.

Kingnet Network Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.39/0.31
=33.52

* 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.

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

For example, Kingnet Network 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.

Kingnet Network Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.054 98.200 -0.063
201409 -0.038 98.900 -0.044
201412 0.056 99.000 0.065
201503 0.049 99.900 0.057
201506 0.132 99.500 0.153
201509 0.067 100.500 0.077
201512 0.096 100.600 0.110
201603 0.032 102.200 0.036
201606 0.084 101.400 0.095
201609 0.018 102.400 0.020
201612 0.078 102.600 0.088
201703 0.067 103.200 0.075
201706 0.093 103.100 0.104
201709 0.077 104.100 0.085
201712 -0.003 104.500 -0.003
201803 0.005 105.300 0.005
201806 0.086 104.900 0.094
201809 0.158 106.600 0.171
201812 0.137 106.500 0.148
201903 -0.008 107.700 -0.009
201906 -0.012 107.700 -0.013
201909 0.004 109.800 0.004
201912 0.206 111.200 0.213
202003 0.046 112.300 0.047
202006 0.023 110.400 0.024
202009 -0.023 111.700 -0.024
202012 -0.055 111.500 -0.057
202103 0.023 112.662 0.024
202106 0.017 111.769 0.018
202109 0.019 112.215 0.020
202112 0.098 113.108 0.100
202203 0.159 114.335 0.160
202206 0.239 114.558 0.240
202209 0.141 115.339 0.141
202212 0.104 115.116 0.104
202303 0.180 115.116 0.180
202306 0.079 114.558 0.079
202309 0.279 115.339 0.279
202312 0.170 114.781 0.171
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.


Kingnet Network Co  (SZSE:002517) 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.


Kingnet Network Co Cyclically Adjusted Price-to-FCF Related Terms

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


Kingnet Network Co (SZSE:002517) Business Description

Traded in Other Exchanges
N/A
Address
No. 2388, Chenhang Highway, Building 3, Pujiang High-tech Plaza, Minhang District, Shanghai, CHN, 201114
Kingnet Network Co Ltd is a Chinese-based online game company. The company's main business covers research and development as well as the operation and publishing of quality entertainment content, including mobile games, web games, and PC games. It also engages in the operation of web game platforms and mobile app distribution platforms.
Executives
Jin Feng Director
Qian Jun Fa Directors, executives
Lin Bin Executives
Tang Yue Executives
Shen Jun Directors, executives
Zhao Fan Directors, executives
Huang Zhen Feng Executives
Liu Hong Lin Secretary Dong
Shen Liang Directors, executives
Chen Yong Cong Directors, executives
Fan Bo Executives
Qin Wei Supervisors
Ning Bing Yang Executives
Wang Yue Directors, executives
Feng Xian Chao Directors, executives

Kingnet Network Co (SZSE:002517) Headlines

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