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NKY Medical Holdings (SZSE:300109) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is NKY Medical Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


NKY Medical Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NKY Medical Holdings'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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NKY Medical Holdings Cyclically Adjusted Price-to-FCF Chart

NKY Medical Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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NKY Medical Holdings 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 NKY Medical Holdings's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - General subindustry, NKY Medical Holdings'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.


NKY Medical Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, NKY Medical Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where NKY Medical Holdings's Cyclically Adjusted Price-to-FCF falls into.



NKY Medical Holdings 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.

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

For example, NKY Medical Holdings'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)
=0.11/115.2271*115.2271
=0.110

Current CPI (Mar. 2024) = 115.2271.

NKY Medical Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.065 98.200 0.076
201409 -0.060 98.900 -0.070
201412 0.052 99.000 0.061
201503 -0.054 99.900 -0.062
201506 0.044 99.500 0.051
201509 0.003 100.500 0.003
201512 0.127 100.600 0.145
201603 -0.005 102.200 -0.006
201606 0.111 101.400 0.126
201609 0.052 102.400 0.059
201612 0.135 102.600 0.152
201703 -0.332 103.200 -0.371
201706 0.058 103.100 0.065
201709 -0.077 104.100 -0.085
201712 -0.015 104.500 -0.017
201803 -0.483 105.300 -0.529
201806 0.094 104.900 0.103
201809 -0.095 106.600 -0.103
201812 0.028 106.500 0.030
201903 -0.368 107.700 -0.394
201906 -0.235 107.700 -0.251
201909 0.049 109.800 0.051
201912 0.160 111.200 0.166
202003 -0.067 112.300 -0.069
202006 -0.002 110.400 -0.002
202009 0.371 111.700 0.383
202012 0.213 111.500 0.220
202103 -0.034 112.662 -0.035
202106 0.059 111.769 0.061
202109 -0.125 112.215 -0.128
202112 -0.439 113.108 -0.447
202203 -0.617 114.335 -0.622
202206 0.286 114.558 0.288
202209 0.241 115.339 0.241
202212 0.093 115.116 0.093
202303 -0.063 115.116 -0.063
202306 -0.029 114.558 -0.029
202309 0.253 115.339 0.253
202312 0.179 114.781 0.180
202403 0.110 115.227 0.110

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.


NKY Medical Holdings  (SZSE:300109) 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.


NKY Medical Holdings Cyclically Adjusted Price-to-FCF Related Terms

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NKY Medical Holdings (SZSE:300109) Business Description

Traded in Other Exchanges
N/A
Address
No.9 Zhongshan Road, Boai county, Jiaozuo, Henan, CHN, 454450
NKY Medical Holdings Ltd develops and manufactures polyvinylpyrrolidone (PVP) series products in China. Its products can be used in Pharmaceutical accessories, hair gel, wine products stabilizer, water treatment, glue stick, and oral care products.

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