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Xiamen Jihong Technology Co (SZSE:002803) Cyclically Adjusted Price-to-FCF : 38.66 (As of Jun. 09, 2024)


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What is Xiamen Jihong Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Xiamen Jihong Technology Co's current share price is ¥12.37. Xiamen Jihong Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.32. Xiamen Jihong Technology Co's Cyclically Adjusted Price-to-FCF for today is 38.66.

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

SZSE:002803' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 35.33   Med: 44.49   Max: 52.22
Current: 41.59

During the past years, Xiamen Jihong Technology Co's highest Cyclically Adjusted Price-to-FCF was 52.22. The lowest was 35.33. And the median was 44.49.

SZSE:002803's Cyclically Adjusted Price-to-FCF is ranked worse than
81.25% of 160 companies
in the Packaging & Containers industry
Industry Median: 17.195 vs SZSE:002803: 41.59

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.

Xiamen Jihong Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.530. 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 ¥0.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xiamen Jihong Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Xiamen Jihong 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.

Xiamen Jihong Technology Co Cyclically Adjusted Price-to-FCF Chart

Xiamen Jihong 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 - - - - 53.09

Xiamen Jihong 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 - - - 53.09 54.06

Competitive Comparison of Xiamen Jihong Technology Co's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, Xiamen Jihong 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.


Xiamen Jihong Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Xiamen Jihong Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Xiamen Jihong 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.

Xiamen Jihong Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.37/0.32
=38.66

* 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.

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

For example, Xiamen Jihong 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)
=-0.53/115.2271*115.2271
=-0.530

Current CPI (Mar. 2024) = 115.2271.

Xiamen Jihong Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 -0.039 99.900 -0.045
201506 0.114 99.500 0.132
201509 0.015 100.500 0.017
201512 -0.001 100.600 -0.001
201603 -0.104 102.200 -0.117
201606 -0.106 101.400 -0.120
201609 -0.063 102.400 -0.071
201612 -0.027 102.600 -0.030
201703 -0.151 103.200 -0.169
201706 -0.189 103.100 -0.211
201709 -0.041 104.100 -0.045
201712 0.006 104.500 0.007
201803 0.181 105.300 0.198
201806 0.031 104.900 0.034
201809 0.232 106.600 0.251
201812 0.389 106.500 0.421
201903 0.174 107.700 0.186
201906 -0.011 107.700 -0.012
201909 -0.102 109.800 -0.107
201912 0.323 111.200 0.335
202003 -0.289 112.300 -0.297
202006 0.309 110.400 0.323
202009 0.213 111.700 0.220
202012 0.480 111.500 0.496
202103 0.027 112.662 0.028
202106 0.114 111.769 0.118
202109 -0.176 112.215 -0.181
202112 0.054 113.108 0.055
202203 -0.093 114.335 -0.094
202206 0.495 114.558 0.498
202209 0.010 115.339 0.010
202212 0.268 115.116 0.268
202303 -0.060 115.116 -0.060
202306 0.469 114.558 0.472
202309 -0.087 115.339 -0.087
202312 1.075 114.781 1.079
202403 -0.530 115.227 -0.530

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.


Xiamen Jihong Technology Co  (SZSE:002803) 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.


Xiamen Jihong Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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


Xiamen Jihong Technology Co (SZSE:002803) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Putou Road, Dongfu Industrial Zone, Haicang District, Fujian Province, Xiamen, CHN, 361027
Xiamen Jihong Technology Co Ltd provides integrated packing solutions in China. The company designs, pre-presses, produces and distributes various packaging products, including cardboard packing, corrugate packing, rigid box, and plastic packing products. Its business categories include fast-moving consumer goods (FMCG) packaging, food packaging, frozen food packaging, electronic goods packaging, and cushion sales packaging. Its products include folding boxes for high automation assembly, window patching boxes, cold and humidity resistant boxes, rigid boxes, displays, and plastic packing.
Executives
Zhuang Hao Directors, executives
Wang Ya Peng Director
Zhang He Ping Directors, executives
Zhuang Shu Directors, executives
Wang Hai Ying Supervisors

Xiamen Jihong Technology Co (SZSE:002803) Headlines

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