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Shenzhen Glory Medical Co (SZSE:002551) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Shenzhen Glory Medical Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Glory Medical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenzhen Glory Medical 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.

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Shenzhen Glory Medical Co Cyclically Adjusted Price-to-FCF Chart

Shenzhen Glory Medical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shenzhen Glory Medical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Shenzhen Glory Medical Co's Cyclically Adjusted Price-to-FCF

For the Medical Distribution subindustry, Shenzhen Glory Medical 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 Glory Medical Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Shenzhen Glory Medical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

For example, Shenzhen Glory Medical 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)
=0.071/115.2271*115.2271
=0.071

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Glory Medical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.019 98.200 -0.022
201409 -0.066 98.900 -0.077
201412 -0.016 99.000 -0.019
201503 -0.038 99.900 -0.044
201506 0.101 99.500 0.117
201509 0.096 100.500 0.110
201512 0.045 100.600 0.052
201603 0.017 102.200 0.019
201606 -0.117 101.400 -0.133
201609 0.275 102.400 0.309
201612 0.246 102.600 0.276
201703 -0.082 103.200 -0.092
201706 0.077 103.100 0.086
201709 -0.007 104.100 -0.008
201712 -0.176 104.500 -0.194
201803 -0.354 105.300 -0.387
201806 0.001 104.900 0.001
201809 -0.006 106.600 -0.006
201812 -0.113 106.500 -0.122
201903 -0.196 107.700 -0.210
201906 -0.007 107.700 -0.007
201909 -0.046 109.800 -0.048
201912 0.084 111.200 0.087
202003 -0.065 112.300 -0.067
202006 0.197 110.400 0.206
202009 -0.025 111.700 -0.026
202012 0.122 111.500 0.126
202103 0.039 112.662 0.040
202106 -0.043 111.769 -0.044
202109 0.000 112.215 0.000
202112 -0.195 113.108 -0.199
202203 0.005 114.335 0.005
202206 -0.008 114.558 -0.008
202209 0.029 115.339 0.029
202212 0.019 115.116 0.019
202303 -0.053 115.116 -0.053
202306 0.043 114.558 0.043
202309 0.082 115.339 0.082
202312 -0.127 114.781 -0.127
202403 0.071 115.227 0.071

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 Glory Medical Co  (SZSE:002551) 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 Glory Medical Co Cyclically Adjusted Price-to-FCF Related Terms

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Shenzhen Glory Medical Co (SZSE:002551) Business Description

Traded in Other Exchanges
N/A
Address
Glory Science and Tech Industrial Park, Baolong Avenue, Longgang District, Shenzhen, Guangdong, CHN, 518116
Shenzhen Glory Medical Co Ltd is engaged in providing hospital building integrated solutions in China. It is involved in the hospital construction system analysis and planning, and medical engineering activities. It also sells medical equipment and medical consumables. The company provides hospital management professional medical logistic, smart medical, and park development services.

Shenzhen Glory Medical Co (SZSE:002551) Headlines

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