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Bichamp Cutting Technology (Hunan) Co (SZSE:002843) Cyclically Adjusted Price-to-FCF : 79.17 (As of May. 28, 2024)


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What is Bichamp Cutting Technology (Hunan) Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Bichamp Cutting Technology (Hunan) Co's current share price is ¥19.00. Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.24. Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted Price-to-FCF for today is 79.17.

The historical rank and industry rank for Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002843' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 64.08   Med: 79.17   Max: 106.75
Current: 80.13

During the past years, Bichamp Cutting Technology (Hunan) Co's highest Cyclically Adjusted Price-to-FCF was 106.75. The lowest was 64.08. And the median was 79.17.

SZSE:002843's Cyclically Adjusted Price-to-FCF is ranked worse than
77.01% of 1018 companies
in the Industrial Products industry
Industry Median: 33.49 vs SZSE:002843: 80.13

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.

Bichamp Cutting Technology (Hunan) Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.040. 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 ¥0.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bichamp Cutting Technology (Hunan) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bichamp Cutting Technology (Hunan) 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.

Bichamp Cutting Technology (Hunan) Co Cyclically Adjusted Price-to-FCF Chart

Bichamp Cutting Technology (Hunan) 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 - - - - 111.07

Bichamp Cutting Technology (Hunan) 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 - - - 111.07 80.13

Competitive Comparison of Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Bichamp Cutting Technology (Hunan) 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.


Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted Price-to-FCF falls into.



Bichamp Cutting Technology (Hunan) 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.

Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.00/0.24
=79.17

* 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.

Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bichamp Cutting Technology (Hunan) 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)
=0.04/115.2271*115.2271
=0.040

Current CPI (Mar. 2024) = 115.2271.

Bichamp Cutting Technology (Hunan) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201012 0.000 89.289 0.000
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 0.127 102.200 0.143
201606 0.129 101.400 0.147
201609 0.067 102.400 0.075
201612 0.157 102.600 0.176
201703 0.034 103.200 0.038
201706 0.115 103.100 0.129
201709 -0.093 104.100 -0.103
201712 0.126 104.500 0.139
201803 -0.040 105.300 -0.044
201806 0.039 104.900 0.043
201809 0.021 106.600 0.023
201812 -0.011 106.500 -0.012
201903 0.090 107.700 0.096
201906 -0.090 107.700 -0.096
201909 -0.194 109.800 -0.204
201912 0.009 111.200 0.009
202003 -0.054 112.300 -0.055
202006 0.232 110.400 0.242
202009 0.011 111.700 0.011
202012 0.086 111.500 0.089
202103 0.049 112.662 0.050
202106 0.319 111.769 0.329
202109 -0.087 112.215 -0.089
202112 0.410 113.108 0.418
202203 -0.078 114.335 -0.079
202206 0.295 114.558 0.297
202209 -0.067 115.339 -0.067
202212 0.409 115.116 0.409
202303 -0.098 115.116 -0.098
202306 -0.162 114.558 -0.163
202309 -0.108 115.339 -0.108
202312 0.170 114.781 0.171
202403 0.040 115.227 0.040

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.


Bichamp Cutting Technology (Hunan) Co  (SZSE:002843) 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.


Bichamp Cutting Technology (Hunan) Co Cyclically Adjusted Price-to-FCF Related Terms

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


Bichamp Cutting Technology (Hunan) Co (SZSE:002843) Business Description

Traded in Other Exchanges
N/A
Address
No. 68 Taijia Road, Economic Development Zone, Wangcheng, Hunan Province, Changsha, CHN, 410200
Bichamp Cutting Technology (Hunan) Co Ltd manufactures industrial consumables. The company develops, produces, and sells bimetallic band saw blades, bimetal hacksaw blades, carbide band saw blades, and other related products.
Executives
Wen Ying Supervisors

Bichamp Cutting Technology (Hunan) Co (SZSE:002843) Headlines

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