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Lingyi Itech (Guangdong) Co (SZSE:002600) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Lingyi Itech (Guangdong) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lingyi Itech (Guangdong) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lingyi Itech (Guangdong) 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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Lingyi Itech (Guangdong) Co Cyclically Adjusted Price-to-FCF Chart

Lingyi Itech (Guangdong) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Lingyi Itech (Guangdong) 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 Lingyi Itech (Guangdong) Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Lingyi Itech (Guangdong) 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.


Lingyi Itech (Guangdong) Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Lingyi Itech (Guangdong) Co's Cyclically Adjusted Price-to-FCF falls into.



Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lingyi Itech (Guangdong) 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)
=0.049/115.2271*115.2271
=0.049

Current CPI (Mar. 2024) = 115.2271.

Lingyi Itech (Guangdong) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.018 98.200 -0.021
201409 -0.054 98.900 -0.063
201412 -0.006 99.000 -0.007
201503 0.017 99.900 0.020
201506 0.002 99.500 0.002
201509 0.204 100.500 0.234
201512 -0.098 100.600 -0.112
201603 -0.154 102.200 -0.174
201606 -0.010 101.400 -0.011
201609 0.128 102.400 0.144
201612 -0.340 102.600 -0.382
201703 0.051 103.200 0.057
201706 -0.026 103.100 -0.029
201709 -0.174 104.100 -0.193
201712 0.025 104.500 0.028
201803 0.164 105.300 0.179
201806 -0.166 104.900 -0.182
201809 0.099 106.600 0.107
201812 -0.075 106.500 -0.081
201903 0.161 107.700 0.172
201906 -0.047 107.700 -0.050
201909 0.044 109.800 0.046
201912 0.052 111.200 0.054
202003 0.079 112.300 0.081
202006 -0.100 110.400 -0.104
202009 -0.084 111.700 -0.087
202012 0.059 111.500 0.061
202103 -0.081 112.662 -0.083
202106 -0.308 111.769 -0.318
202109 -0.187 112.215 -0.192
202112 -0.053 113.108 -0.054
202203 0.034 114.335 0.034
202206 0.080 114.558 0.080
202209 -0.016 115.339 -0.016
202212 0.173 115.116 0.173
202303 0.263 115.116 0.263
202306 0.096 114.558 0.097
202309 -0.004 115.339 -0.004
202312 0.068 114.781 0.068
202403 0.049 115.227 0.049

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.


Lingyi Itech (Guangdong) Co  (SZSE:002600) 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.


Lingyi Itech (Guangdong) Co Cyclically Adjusted Price-to-FCF Related Terms

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Lingyi Itech (Guangdong) Co (SZSE:002600) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Longwan Road, GuangDong Province, Jiangmen, CHN, 529000
Lingyi Itech (Guangdong) Co Ltd is a Chinese company that manufactures magnetic materials, precision components and modules, precision structural parts, liquid crystal display modules, capacitive touch screens, wire and cable, motors, trade logistics, and supply chain finance. Its products are used in consumer electronics, automotive control, smart security, smart wear, smart home, new materials, new energy vehicles and other fields.
Executives
Liu Jian Feng Supervisors
Fan Wei Supervisors
Tan Jun Director
Li Xue Hua Supervisors
Li Xiao Qing Executives
Cheng Xin Independent director
Chen Guo Shi Director
Cao Yun Director
Liu Ji Wen Supervisors
Li Zhong Xuan Independent director
Wang Yan Executives
Wang Nan Dong Directors, executives
Zhou Zhan Feng Directors, Directors, and Executives
Liu Gang Directors, executives
Wu Jie Directors, executives

Lingyi Itech (Guangdong) Co (SZSE:002600) Headlines

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